Wealth management

To grow, firms need to be as engaged in the marketing and sales side of their business as they are in the investment side.

Successful deals are generating a high degree of confidence in the M&A market.

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

The firm now plans to integrate sustainability criteria into portfolio construction and exit investments with high risks from ESG-related issues.

The changes come a month after she was named CEO of the bank’s newly formed wealth management unit.

The firm's chief Eric Clarke says there are multiple suitors.

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 advice I give is to calculate the financial impact for each option,” an expert says.

The firm added 40,000 new accounts last year and hit a record $3 trillion in client balances.

Assets under management at Nancy Prior’s group, which includes bond and money market funds, have grown from $714 billion under her leadership.

The recruits include a father-son duo from UBS.

The SEC-approved ETF strategy protects “the intellectual alpha of active managers.”

The bank continues to struggle with attrition due to scandals, regulatory scrutiny and a graying workforce.

The ace dealmaker oversaw 90 acquisitions in 13 years while at United Capital.

The potential for higher taxes next year may accelerate deals.

Failing to pay taxes on side-gig earnings and keeping faulty records of business-related expenses must avoided to prevent an excessive tax burden.

This rise of the so-called grey divorce has created a number of uncommon and complex issues for retirement accounts.

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