Wealth management

The drop in wealth was equivalent to the GDP of Italy.

A higher standard deduction makes itemizing deductions less valuable.

The RIA will be combined with Sontag Advisory to create an $11 billion wealth management powerhouse.

It’s crucial to know how much of a drawdown an investor can tolerate before panic sets in.

While a broad-market stock ETF generates fees of as little as 20 cents for every $1,000 invested, AI products range from $1.80 to $8.

Only about 20% of Americans know the amount of contributions they can make to their 401(k) plan, according to a new study from TD Ameritrade.

Chuck Person persuaded student-athletes to form illegal business relationships with at least one financial advisor.

Strategic buyers have less cash but more flexibility, experts say.

Ladenburg Thalmann’s largest IBD also says it recruited more than 300 advisors with $2 billion in AUM in 2018.

More than 130 survivors of a devastating California wildfire have received pro bono planning services that helped them begin to reassemble their lives.

The advisor trio joined the firm after its best recruiting year ever.

Cautious clients and muted markets are making CEO Sergio Ermotti’s job more difficult.

Misinterpreting the Fed’s announcements continuously trips up advisors. Here’s what I tell clients who want me to predict the future.

Harassment, belittling, defamation and crass comments plague advisors in the online public eye.

Morgan Stanley was dragged into the family spat as father and children fought a tug-of-war over two accounts held at the firm.

The $3 billion-plus RIA seeking scale via acquisitions.

The deal to add ready-made packages of funds to the firm’s asset management arm is expected to close in the first half of the year.

Evidence-based portfolios have been a bust over the last decade, and they may become a tough sell for the average investor.

The tax law has made deducting philanthropic contributions more difficult, but there are ways to help clients reap benefits from their generosity.

The advisors were lifelong Morgan Stanley advisors, having started their careers at Smith Barney before Morgan acquired it.