A buy-sell agreement is often a sound planning strategy for a privately held business with multiple owners.
Baby boomers are far and away the stingiest generation by at least one measure: desire to pass on their riches during their lifetimes...
John M. Dowd of Fiduciary Trust International discusses opportunities in the wealth management sector for 2025.
The Joachim-Ma Stradivarius, to be auctioned at Sotheby's, could fetch up to $18 million.
Becoming a thought leader is a commanding way to supercharge a powerful brand.
BlackRock's HPS purchase will make three founders billionaires.
Bryan Bibbo of JL Smith Holistic Wealth Management discusses why a holistic approach is crucial for managing wealth for high-net-worth individuals.
Buffett is donating Berkshire Hathaway shares to four family foundations as part of a charitable pledge.
The bulk of Ricardo Salinas Pliego's $10.5 billion wealth is tied up in a company poised to plunge in value.
With its new tax-optimization product, the firm wants to go beyond offsetting capital gains.
The apartment is spread over the top two floors of the beaux arts Sohmer Piano building.
The big auction houses will try to sell roughly $1.5 billion of art in just one week.
Investors have wagered the industry is set to be a key beneficiary of Trump's promise to lower taxes and cut regulations.
With a solid understanding of the technical aspects of charitable planning, wealth managers can dramatically move upmarket.
Scott is famous for her large grants to small nonprofits with little of the red tape that's typical of big philanthropy.
Family office allocations to secondaries, where backers of closely held companies sell stakes to others, have surged.
Converting wealthy physicians into clients entails showing them how to optimize their financial lives.
Advisors say life insurance retirement plans are too often overlooked for wealthy clients.
Dividend stocks do well in a falling rate environment due to their ability to provide higher yields relative to other comparable income investments.
The financial planning industry is on the brink of a major shift, and real estate planning is emerging as a powerful tool for advisors to navigate this disruption.