Portfolio

Trusts aren’t just for the .01%, as some advisors sell mass affluent and high-net-worth clients on their tax benefits.

Citigroup will let retail customers bet on stocks without paying fees as the bank tries to expand its wealth business in the face of fierce competition from Silicon Valley ventures, discount brokerages and big-banking peers.

Strategic buyers and consolidators like Captrust are driving a record pace in overall transactions and those involving sellers with at least $1 billion in AUM.

JPMorgan, BlackRock and Morgan Stanley say the bond-market gains that have sent yields into a sudden tailspin are nothing to worry about.

John Robert Jones Jr. is accused of convincing two dozen financiers to invest in two private unregistered funds with false promises of growth and limited risk.

The Colony Group and XML Financial Group are set to bring on an RIA and a wealth management practice, respectively, in the third quarter of 2021. Focus also announced that Sonora Investment Management will join as a partner firm.

From fees to severe penalties for missteps, a self-directed retirement account is something most savers should steer clear of.

As inflation rises, it's likely to cause trouble for the biggest money-management firms, bringing an end to the rapid consolidation in the industry, writes Richard Cookson.

Bankrate looks at data sets that would apply to retiree life, including cost of living index, property and sales tax rates, and the Gallup-ShareCare Wellbeing Index.

Goldman Sachs economists said their optimistic outlook for global growth this year is now increasingly shared by rivals, meaning their forecast is the closest to consensus than at any time since April 2020.