Wealth Management

Strive Asset Management has announced it raised $30 million in Series B funding and will be launching a new wealth management offering due to increased demand for its services.

Billionaire Steve Ballmer, the former Microsoft chief executive and current owner of the L.A. Clippers, has surpassed Bill Gates in net worth for the first time.

A new report published by Bank of America found that younger investors are ditching traditional stocks and bonds in favor of rare collectibles and crypto.

JPMorgan Chase CEO Jamie Dimon told analysts and investors at the firm's annual investor day that he expects to depart from his role within the next five years.

Baby Boomers in their 60s have little saved for retirement while many Gen Xers have nothing saved.

Findings from Knight Frank show it is getting harder for Americans to join the top 1% of income earners, with a net worth of $5.8 million now required.

Parents providing for their adult children without proper ground rules could be "enabling" them and forming bad money habits, one financial columnist says.

Some $30 trillion in assets are expected to shift into the hands of women in the U.S. by the end of the decade, and the wealth transfer is already affecting how money is managed.

Young adults report at higher rates a lack of contentment with their finances, according to a new survey, with 45% saying they are "obsessed" with the idea of being rich.

Strive Asset Management is launching a new non-woke and anti-ESG 401(k) retirement plan that its CEO says will prioritize shareholder profits, unlike large investment companies.

The aging U.S. workforce, which has 10,000 Americans reaching retirement age daily, and less than half of financial advisers have succession plans in place.

Generative AI and machine learning make it easier for financial advisors to research investments and make recommendations to clients, but barriers to AI replacing human advisors remain.

Five-year CDs top out around 4.5% annually, nearly a full percentage point more than a 5-year Treasury note, and don’t have the purchase limits of an I Bond.

In a company announcement on Thursday, Charles Schwab, a financial services and brokerage firm, said it netted $53B in assets in March to reach the second-highest mark in company history.

The price of gold is nearing a record as the latest JOLTS report showed job openings are down as manufacturing activity slows, weakening the U.S. dollar against the euro and pound.