Charles Schwab & Co. last week sued Davies Financial Advisors, a Murrieta, Calif., firm with $288 million in assets under management, for allowing a former Schwab advisor to allegedly violate the firm ...

Integrated Partners, a Boston-based registered investment advisory managing more than $23.8 billion in assets under advisement, announced that Morrison Nordmann Wealth Management, a Lansing, ...

Mergers and acquisition activity among asset and wealth management firms should continue to increase in 2026, partially because of anticipated cuts in interest rates by the Federal Reserve Board, ...

Mercer Global Advisors has acquired McConnell Financial Advisors, an Idaho boutique financial planning firm with about $130 million in assets under management.

Bitcoin dropped below $86,000 for the first time in two weeks with investor sentiment weakening as the largest cryptocurrency slips deeper into bear market territory.

Ronald Daley was ordered to repay the clients and the Internal Revenue Service for evading paying taxes on the stolen funds.

The decision means that BlackRock will no longer oversee a €5 billion ($5.9 billion) equity mandate, PME said by email. Instead, the portfolio is being transferred to UBS Group AG and MN, an ...

In a joint release today, Goldman Sachs Asset, which oversees about $3.5 trillion in assets under supervision, and T. Rowe, with $1.79 trillion in client assets, said these model portfolios created in ...

AQR Capital Management is riding high again, topping benchmarks across strategies and growing assets at a record pace. In the process of engineering a comeback, however, the quant pioneer has reined ...

The agency’s Criminal Investigation division said it identified $10.59 billion in financial crimes in fiscal year 2025, a nearly 16% increase from the prior year. Tax fraud alone accounted for $4.5 ...

In a box spread, two sets of options with matching strike prices — call spreads and put spreads — create predictable cash flows that closely mimic fixed income. By selling one, an investor receives a ...

The stock market does not do that! The last trading day of December is followed by the first trading day of January. The economic forces and world events driving the market after Christmas are the ...