Capital markets

The Mills family, which recently sold its stake in Medline Industries, has created Council Ring Capital to manage its fortune.

Regulators are taking the first step towrard the most widespread revamp in more than a decade in the way that stocks are traded.

Choreo's agreement to buy the wealth management arm of a major accounting firm reflects how CPAs and other tax pros have emerged as a key focus area.

Will Wilson brings significant experience to Galway Holdings, including being a former NFL agent and executive familiar with the financial side of sports.

Founder Toussaint Bailey seeks to deploy "a direct indexing experience in the private markets" toward areas such as education, small businesses and sustainability.

Plus, Betterment enters a deal to offer digital assets as a new survey finds Americans are cooling on crypto.

Recessions clear out economic deadwood and lay the groundwork for the next boom.

A new report from the nonprofit Knight Foundation examined diversity in outside money managers of endowments at the wealthiest public and private universities in the country.

The latest move by Democrats to curb the tax benefits for partnership profits interests signals how wealth inequality has become mainstream party ideology.

Storing oil, gold and grain costs a lot of money, which is why they're great for trading but terrible as a long-term investment.

The ultrawealthy are throwing money into private equity funds as some institutional investors approach their allocation limits.

From Elon Musk to Jeff Bezos, the world's wealthiest men have lost a ton of money this year. They're still wildly rich.

The private equity-backed firm and other giants of the industry are deploying their capital across new and existing lines of business.

The wealth managers respectively recapitalized as the spigots of capital keep expanding in the industry, even amid signs for concern in the larger economy.

Higher fees, illiquidity and lack of transparency raise questions about suitability.

Regional ties such as being fans of the Buffalo Bills and Sabres led to the deal, which is being backed by the family office of the teams’ owners.

The fund would potentially offer multimillionaires exposure to a swath of assets unavailable on public markets.

From ultrarich to moderately wealthy, investors looking for outsized gains are being told to buy into the professional funds. There are risks.

The 2022 outlook looks to be much the same.

As private equity muscles into wealth management's fastest growing niche, it's injecting Wall Street business practices into financial planning.