Wealth Management

Wall Street firms are expected to increase bankers' bonuses this year for the first time since 2021 amid markets' rise and volatility, according to a report by Johnson Associates.

The Treasury Department received a mysterious and anomalous payment of $7 billion in estate taxes in early 2023, which spurred questions about who was the source of funds.

Americans say it takes a net worth of $2.5 million to be considered wealthy in 2024, up from the past two years when they considered someone with $2.2 million to be rich.

IMG Academy and Merrill Private Wealth Management are partnering to provide financial literacy education to IMG's student-athletes, including budgeting, investments and managing credit.

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.