A fund that includes President Donald Trump’s eldest sons among its investors has booked hundreds of millions of dollars in paper profits through a lucrative playbook that involves taking stakes in a ...

The next generation of financial advisors is sending a clear message to employers: Invest in us. Students entering the profession want mentorship. They want meaningful work. They want a transparent ...

Ish Lukhey was 16 years old and working a part-time job at a gas station when he opened his first brokerage account under his mom’s name. His interest stuck, and by the time the pandemic shut down ...

Grieving a lost spouse is hard enough, but you may feel another shock when tax time comes around. Without planning, a surviving spouse may likely be surprised to find their taxes have risen sharply ...

Months before Jamie Dimon’s infamous remark about more than one “cockroach” lurking in credit markets, TCW Group Inc. Chief Executive Officer Katie Koch warned the direct lending industry was due for ...

Amid a competitive recruiting environment for financial advisors, two of the biggest players in the financial advisory space, Raymond James Financial and Ameriprise Financial, reported starkly ...

A Goldman Sachs Group Inc. private credit fund said investors sought to pull just under 5% of cash in the first quarter, narrowly escaping a broader exodus that has forced peers to cap withdrawals.

The Securities and Exchange Commission has sued the estate and firm of a deceased Massachusetts advisor who allegedly fleeced about $1.68 million of his clients’ funds. In a lawsuit filed yesterday, ...

Some of the world’s biggest hedge funds known for delivering steady returns lost money in March as the war in the Middle East roiled markets across energy, bonds and equities and forced traders to ...

Ken Griffin is pointing an outstretched arm toward his field of dreams. On this Wednesday afternoon in early February, the CEO of Citadel, one of the world’s largest and most profitable hedge funds, ...

Financial planning firms have largely shifted to a fee-for-service model as they seek ongoing planning relationships with more predictable, recurring revenue, according to a report by payment ...

Private equity-backed Arax Investment Partners, a New York wealth and asset management platform, has acquired Pinnacle Peak Private Client Group, an Arizona RIA that manages $460 million in assets.