Acquisitive RIA MAI Capital Management has acquired Fort Myers, Fla.-based Liberty Private Client, adding $245 million in client assets and strengthening its presence in the Southeast. In a press ...

Five contenders are still standing in the high-stakes race to be the next Federal Reserve chair. Treasury Secretary Scott Bessent on Monday confirmed the candidate pool has been cut roughly in half, ...

Tom Hayes, the former star UBS Group AG trader who became the face of the Libor rigging scandal, sued his former employer accusing it of handing him over on a “silver platter” to global prosecutors in ...

Allianz’s survey comes amid Americans’ mounting anxiety about whether they’ll have enough money to retire or even be able to retire at all; at the same time, the number of retirees signing up for the ...

Kestra Private Wealth Services, a hybrid RIA subsidiary of Kestra Financial, said that Ascend Private Wealth Partners, a Scottsdale, Ariz., RIA with assets under management of $866 million, has joined ...

King Ridge is already managing the world’s first-ever cat-bond ETF for Brookmont Capital Management. The fund, which is listed in the U.S., has so far struggled to win over investors, and failed to ...

The MSCI index tracking developing-nation stocks rose 1.4%, reaching the highest level since February 2021. A separate MSCI gauge of emerging-market currencies also advanced as the dollar weakened, ...

The concepts behind universal life insurance can be reconfigured to create personal, private pension plans today ...

Long the preserve of institutions and the wealthy, Blackstone Inc., Apollo Global Management Inc., Carlyle Group Inc. and other industry giants today are rushing to sell their rarefied brand of ...

The panelists agreed that advisory firms focusing on growth and their own staffers’ career development are failing to attract and retain people because of outdated structures, shortsighted leadership, ...

Yale’s fund returned 11% and increased to $44.1 billion, while Princeton’s endowment posted a gain of 11% and is now valued at $36.4 billion, the schools said in separate announcements Friday.

Across the industry, jet sales are up 11% from a year earlier and 30% from the year before that, according to data collected by Hurley’s company. Now, his team is gearing up for a particularly busy ...