James Arthur McDonald Jr., a former advisor and CNBC celebrity described by prosecutors as a one-time model of Wall Street success, was sentenced to five years in federal prison for orchestrating a $5 ...

A former LPL advisor in Illinois who robbed an elderly client with dementia of nearly $1.3 million was sentenced to six years in prison, according to a news release from the Kendall County State’s ...

The deal closed on July 31, according to a press release, and brings Wealth Enhancement’s total client assets to $117.8 billion. The Minneapolis-based serial acquirer was named the most prolific RIA ...

The employment index dropped to 46.4, contracting for the fourth time in five months and marking one of the lowest readings since the pandemic. The group’s measure of prices paid for materials and ...

The interest in precious metal investments is growing, particularly among family offices, some of which are allocating up to 3% of their portfolios to these assets. For those who are investing or ...

“The year will end up broadly positive, which is a big change from what we were thinking three or four months ago,” Alan Johnson, managing director of Johnson Associates, said in an interview.

Gen Z spends the most time thinking about money, averaging 4.82 hours a day. Millennials follow close behind, averaging 4.73 hours a day. Money still weighs heavily on Gen Xers’ and baby boomers’ ...

The One Big Beautiful Bill Act — also known as OBBB — will help free up cash due to provisions that allow companies ranging from health-care giant Johnson & Johnson to technology consultant Booz Allen ...

If you’re still valuing your advisory practice like it’s 2010—calculating multiples strictly on assets under management (AUM)—it’s probably time to step away from the spreadsheet and reassess. It’s a ...

Despite all the drama about the weakening jobs numbers, the U.S. labor market is actually doing OK. There is one major exception, however: if you happen to be a young man. While the overall ...

When Kartesia Asset Finance — acquired by Kartesia Management in 2023 when it was known as Flexam Asset Management — first had to take over assets, it found itself holding factory equipment so ...

In its eagerness to do the crypto industry's bidding, Congress has exposed the world to the risk of severe economic damage.