Financial planning

While new data shows Black individuals investing more, the trend has been driven by a focus on riskier investments.

Don Plaus, a Merrill veteran who oversaw the Private Wealth advisors' expansion in Florida, came from a "modest background" but over a long career, rose to lead teams advising many of the world's richest people.

The Finra report suggests that advisors looking to tap into these clients will find savers with improved financial capabilities.

Cerulli Associates says in a new study that affluent families need to do a much better job of preparing their heirs to inherit a legacy.

The bank's lawyer said in a Singapore court on Thursday that Credit Suisse had agreed to compensate its ultra-wealthy client for failing to "police the perimeter" of his wealth from theft.

Just 2.1% of plan participants took out a 401(k) loan in Q4 of 2022, and 0.4% utilized a hardship distribution to deal with financial challenges.

A new baby costs a lot of money, but advisors say there are essential steps to help couples prepare financially for the life-changing event.

Gifting assets can be a tricky process, especially for wealthier clients. With Valentine's Day around the corner, here are five tips on getting it right.

An in-depth look at the provisions of the new act and how they impact retirement planning.

The move is part of a broad shakeup that will create a rebranded Credit Suisse First Boston.