Preparing for the next gen will mean retooling practices to consider younger clients’ desired needs, wants and pricing strategies, which may be less profitable than the 1% assets-under-management ...

CEG Insights research reveals just how important teams can be in driving some of advisory firms’ most crucial key performance metrics—and how a lack of team cohesion can damage firms’ prospects for ...

“Office has bottomed, particularly in stronger markets and better-quality buildings,” Blackstone President Jon Gray said in an interview before the firm reported fourth-quarter earnings Thursday. The ...

Philip Orlando, the chief market strategist at Federated Hermes—who’s in charge of the firm’s views on the economy, the markets and the firm’s investment strategy—said Wednesday that if the Donald ...

Mallouk, 55, who maintained a majority stake, has seen his net worth jump to $10.6 billion, according to the Bloomberg Billionaires Index, which is valuing his wealth for the first time. That puts him ...

Prudential is entering a new chapter, with Chief Executive Officer Charlie Lowrey stepping down in late March and Sullivan taking over. The outgoing CEO, who transformed the insurer in part by ...

Giant RIA acquirer Carson Group of Omaha, Neb., has bought a California advisory practice that was formerly with the Wells Fargo broker-dealer channel and managed $365 million in assets, according to ...

Fees at childcare centers based in people’s homes—long embraced by some parents as a more affordable option than formal daycare centers—soared by almost 50% last year to $344 a week, the survey by ...

In 2025, financial advisors could have a critical role in helping clients navigate billions in repayment from FTX.

Sequoia Financial Group has agreed to acquire Carlson Capital Management, a Northfield, Minn., investment advisory firm with $3.8 billion in client assets, according to a news release. In a joint ...

Tony Miller, who has served as president of Philadelphia-based Janney Montgomery Scott since last year, has been named CEO. He will be taking over for Tim Scheve, who served as president and CEO from ...

Though NBIM is largely an index tracker that invests according to a strict mandate overseen by Norway’s finance ministry, it seeks to make the most of its limited leeway. It owns, on average, 1.5% of ...