Wealth management

Peter Mallouk’s firm made its second multi billion-dollar deal in three months after its first private equity infusion last year.

Here’s what managers at some of the largest firms have been discussing and say should be top of mind in the months ahead.

The administration's proposal for the capital-gains tax rate is in part a throwback to the Reagan years, an expert says.

The deal will nearly double Congress Wealth Management’s client assets.

Anyone can call themselves a wealth advisor these days. Here are credentials that count.

The parties are combining forces to offer other practices a longer term alternative to private equity deals.

The self-clearing custodian has unified its broker-dealer and RIA segments under one division at the company.

Private equity-backed Wealth Enhancement Group unveiled its third largest deal ever and its first location on the West Coast.

Average earnings and housing costs are just some of the factors taken into account in a new report.

Most young and mass market clients still turn to traditional firms, but a shift toward app-based accounts is under way, according to Broadridge data.

Joe Skarda, who was previously managing director of JPMorgan Chase’s U.S. wealth management central division, will oversee a unit that houses Key’s private bank, family wealth and mass affluent business segments.

The new rate, up from the current 37%, would encompass less than 1% of taxpayers, a White House official said.

Despite a competitive fight among wealth managers for advisors, clients and industry AUM rankings, most practices are very small businesses — and some advisors want them to stay that way.

Advisor Group, Raymond James, LPL, New York Life, Stone Point Capital, and other news and moves of the week in the financial advice world.

The White House’s sweeping proposal to raise taxes on the wealthy will likely force advisors to get creative as they structure sales of their practices.

The administration’s American Families Plan includes a bump in the top tax rate to 39.6%, but doesn’t specify thresholds for different types of filers.

Aside from their rock-bottom fees, those with the largest gains have at least one commonality: asset allocation.

It’s time to revisit your firm’s protocols to ensure they make sense given widespread tech adoption during the pandemic, writes Wes Stillman.

If employees are a company’s greatest assets, then children are a person’s greatest treasure.

The administration's plan would eliminate a break that allows heirs to use the market value of assets at the time of a transfer, rather than the actual purchase price.