Financial planning

Bigger, better, faster is a label all giant companies want, especially in the hyper-competitive space of managing money for wealthy clients.

Experts say the Wall Street wirehouse pays a 'premium' to recruit, but moves like this one reveal it failing to stop top performers from breaking away. Here's why.

A new report by UBS found that despite being planners in their investing, high net worth women are behind their male counterparts in estate planning.

In career-defining moments like the start of March Madness season, young athletes can experience life-changing inflows of wealth. Experts at Morgan Stanley, Mitlin Financial and Edmonds Duncan give advice on how to support them.

Employees lack confidence that the money they saved will actually financially support them through their retirement.

The Wall Street bank is leaning into its strengths in catering to the world's wealthiest through One Goldman Sachs, as it pivots away from a messy consumer business that disappointed investors.

The journey toward financial clarity can connect investors with their families and expand their financial options into the future.

Following Don Plaus's retirement announcement last week, Merrill is moving around longtime veteran insiders to fill his role.

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.

Many Americans are reducing their long-term savings in order to pay daily bills. Advisors say there's a way to do both at once.

The hands-on role that planners can play in securing securities-based loans demonstrates their value in a number of ways.