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Many wealth managers are spending hundreds of thousands of dollars on AI vendors to create better efficiencies. But measuring results with new tech is a challenge.

The Securities and Exchange Commission has temporarily stayed its climate-related disclosure rule amid a rash of lawsuits.

Lack of information and transparency — as well as lack of a true economic stress test — give the IMF pause over the rapidly growing investments.

The potential expiration of the Tax Cuts and Jobs Act leaves planners and their clients in limbo, but several strategies are in play today, experts said.

The top five states have an average effective real-estate tax rate of 2.02%

Nationwide found that women struggle to understand what to do with their savings once they hit retirement.

They can be a more tax-effective way to save for retirement than an IRA for those who are able to max out contributions and pay for medical expenses with other funds.

Wirehouses are struggling to manage complex compensation plans and retain their employees, among other issues they face.

The company has long been criticized for its lagging financial performance and its complexity. CEO Jane Fraser is pushing through Citigroup's most recent transformation plan, but will she succeed where her predecessors have failed?

The broker-dealer watchdog is putting the industry on notice about the latest scheme attempting to extract client information.

How much is a garage space worth? After their parked car was destroyed on the street, one New York couple considers going to extremes.

A new analysis of 110 years of state-level tax policies shows a migration of wealthy Americans to low-tax jurisdictions.

The high court heard arguments in a case about a commonly used succession planning tool for closely held businesses that may affect advisors' clients.

More than 60% of wealth managers know AI as ChatGPT, but hallucinations with big language applications have blocked them from using AI in finance predictions, a survey shows.

Authors add that the asset class can still be a welcome source of diversification for investors who can stomach the risk.

Senate Republicans don't want to hand President Joe Biden an election-year victory on the legislation, which includes both child and business tax breaks, lawmakers and aides have said. 

The "magic number" Americans think they'll need for a comfortable retirement went way up this year — but their actual savings went down.

Having hit most of the big Wall Street firms with hefty fines for misusing WhatsApp and similar services, regulators are now turning their attention to independent advisors.

The giant insurer fired three financial advisors based on false claims about their specialty insurance consulting business, according to their attorney.