Facing stiffer competition, wealth management firms are increasingly using segmentation strategies such as focusing on older millionaires or female clients, according to a recent report.
Demand for chartered jets rose in the first half of the year—a sector recovery that has been boosted by wealthy travelers who are more inclined to lease rather than buy aircraft, industry experts...
A new business called Artkick says it can provide its customers with a cache of private art that rivals those of world-famous collectors such as Steven Cohen and Leon Black.
Merely wrapping the Macallan 64 or Pappy Van Winkle does not complete the gift. It still needs the rocks, but not just any will do for such special spirits.
A "Porsche" luxury condo tower under construction in Florida is offering "sky garages" and car concierges to wealthy auto aficionados who treat their sports cars like the family pet.
Many in the philanthropic community say President Obama’s budget proposal would have a devastating effect on a charitable sector still recovering from the effects of the Great Recession.
