Ultrahigh net worth

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.

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

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 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.

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.

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

The large gift to charity would have helped reduce what Musk has described as the biggest tax bill in US history.

Super-rich investors find energy the most attractive of all investment categories.

The drama with one of the world's wealthiest families is a lesson in intergenerational finance.

The troubled Swiss bank is breaking up its investment bank, separating the advisory and capital markets unit and selling the majority of a trading business.

The Narragansett Bay Group in Providence, which specializes in serving the ultra wealthy, intergenerational wealth and business owners, has moved to UBS.

If the fair's first edition here does well, it's a sign that Paris is back. If not, tant pis. So far ultrawealthy buyers are flocking to the event.

Covid froze one of private banking's best tools — invite-only events for the children of wealthy clients. Now, they're starting to return.

The philanthropist wife of Howard Buffett started at the biggest U.S. bank on Monday, according to a post on her Instagram account.

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 legal agreements surface broad issues about saving and spending that are key to long-term financial health.

Amid fierce competition for wallets of the super-rich, exotic perks are emerging.

Older, wealthier customers are eager for more digital interactions, according to a study, and are increasingly ready to switch firms to obtain these and other services.

Citigroup, whose U.S. wealth management business oversees about $181 billion in client assets, created a new business to sell products through independent advisors as CEO Jane Fraser maps a path to managing more money for wealthy individuals.