Most of the customers were unsophisticated investors and retired teachers in their mid-60s to 70s, according to their lawyer.

Higher average daily trading volume, increases in member revenue, the impact of the prior 2024 fee increases and its own budget cuts handed the industry’s self-regulator a surplus.

Bedford, New Hampshire-based Rise Private Wealth Management had managed $4.3 billion in assets as of March 2025, according to ...

Wealth management firm Mercer Advisors Inc. is looking to cut its borrowing costs by refinancing private debt with a $1.65 ...

Members of both chambers of Congress called on the Trump administration to investigate thousands of public comments supporting a proposal to encourage more private equity ...

Morgan Stanley, the first wirehouse to unveil its 2027 compensation plan, has set the tone by putting the onus on brokers to keep growing as rising markets have helped lift production. Morgan Stanley ...

The cost of capital is repricing. Below, we elaborate on why this is happening, why it’s unlikely to reverse quickly, and how we are positioning client portfolios around these powerful forces. The U.S ...

Active managers who briefly looked like they might finally have their moment earlier this year are once again confronting ...

It is the one that creates the strongest economics over the next 10, 15 or 20 years. And there is almost always a tradeoff.

A team managing around $1.3 billion at Ameriprise Financial Services’ independent channel has broken away to launch an RIA in ...

RIAs do not need to be everywhere. They need to make deliberate choices about where their next clients are likely to ...

A number of lawmakers in the Swiss upper house want to let the government rule on new capital requirements for UBS.