The convergence of an AI bubble and geopolitical risks pose the greatest threat to global markets, according to Nicolai Tangen, chief executive officer of Norway’s $2.1 trillion sovereign wealth fund.
U.S. today said it has added a former Morgan Stanley team that oversaw $360 million in client assets to its Annapolis, Md., branch. The Turnock Bonacci Group is led by Kevin Turnock (a managing ...
Restitution, a critical measure for advisors and clients alike, moved in the opposite direction of fines, the analysis found. Finra ordered approximately $15 million in restitution in 2025, down 35% ...
The firm tapped NBA Hall of Famer Dwyane Wade to chair the group, which also includes seven-time Super Bowl-winning quarterback Tom Brady and two-time FIFA Women’s World Cup winners Alex Morgan and ...
These cities topped the list in a WalletHub study that looked at factors such as emotional well-being and income.
Summit Financial has taken a minority stake in Signet Financial Management, a $1.2 billion Parsippany, N.J.-based registered investment advisor that also has offices in Virginia and Florida. Summit, ...
A former Georgia investment advisor has pleaded guilty to wire fraud after prosecutors say he stole nearly $10 million from an elderly client, marking one of the more egregious recent cases of advisor ...
Mounting strains in the $1.8 trillion private credit market are giving investors a reality check and making them pay more attention to the illiquid nature of the asset class—and whether they are being ...
Few benchmarks matter more to financial investors than the S&P 500. Trillions of dollars track it directly, and many more are evaluated against it. Inclusion often boosts a firms ...
Waverly Advisors of Birmingham, Ala., has acquired McBride Financial Advisors, a registered investment advisor based in Seahurst, Wash., adding about $181 million in assets under management.
U.S. mortgage rates jumped last week to the highest level of the year, leading to a sharp pullback in refinancing activity. The contract rate on a 30-year mortgage rose 11 basis points to 6.30% in the ...
Artificial intelligence is making the world more unpredictable than ever before, according to Oaktree Capital Management co-founder Howard Marks. “Most people in the investment business decide their ...
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