Ultrahigh net worth

The client, Moises Cosio, is a filmmaker and the scion of a Mexican banking and real estate fortune.

The wirehouse shifted and added roles in its private wealth business to capture opportunities in the ultrahigh-net-worth client space.

The Wall Street giant reveals how it plans to capture a bigger share of the HNW and mass affluent markets.

As the firm struggles to find RIAs to buy, CEO Peter Mallouk explains how the Tony Robbins factor has driven growth.

The bank is an aggressive recruiter of HNW and UHNW talent.

When the world’s wealthy look for a bank to entrust with their personal fortunes, Goldman Sachs isn’t necessarily on their speed dial.

The potential for higher taxes next year may accelerate deals.

The operation will start with six employees and offer services to boutique firms that don’t have the capabilities of a large private bank.

The flood of new money has made the area one of the world’s hottest — and most competitive — wealth markets.

The firm is looking for ways to maintain its edge and reinvigorate its shares, which have trailed rivals over the past year.

In 90% of families, wealth disappears by the end of the third generation.

Economic factors like changes to the tax code are behind nearly a quarter of all recent giving, according to a new survey.

A quarter of wealthy investors' average assets are currently in cash, according to a new survey.

More than $37 billion flowed into tax-sheltered donor-advised funds in 2018, according to a new report.

Nearly $388 billion of the super rich's net worth has been wiped away since 2016.

Opportunities to win UHNW clients abound, but so do challenges, experts tell advisors at the Schwab Impact conference.

The strategy mimics one the executive used to boost profit at his previous employer, cross-town rival Credit Suisse.

The U.S. minted more than than half the world’s new millionaires last year as investments in equities and tech stocks propelled assets higher.

Credit Suisse is pushing deeper into the ranks of billionaires, putting it into closer competition with larger rival UBS.

“As we’ve gone through various crises, we’ve still told clients to stay invested and not get out of U.S. equities, it’s too early,” said Sharmin Mossavar-Rahmani, CIO for Goldman’s Private Wealth Management.