Wealth

The American businessman and collector is offering rare wines at Christie’s auction house next week that could fetch at least $15 million.

With U.S. stocks booming, North American wealthy led the way globally. And the top 1% of wealthy globally—the so-called ultrarich—fared even better. This year looks tougher.

The elimination of credits, deductions, and certain SALT-cap workarounds in the tax bill would amount to limited increases for some individuals and businesses.

Individual investors have been slow to enter private markets, but that could change.

The ultrarich were the fastest-growing segment of the world’s wealthiest, according to an annual report from Capgemini.

Market drops allow you to combine tax-efficient selling in your portfolio and charitable giving.

Stock market volatility in April kept some luxury home buyers sidelined.

The trick is balancing saving for near-term goals like buying a home and long-term goals like retirement.

Battered share prices often allow you to pass more money to heirs without paying estate taxes.

The most popular annuities protect against all or some losses, while offering either fixed yields or returns linked to a stock market index.

Family offices boosted stock allocations in developed markets while still investing in alternatives like private equity, according to a UBS survey.

Conclusive data on the policy’s impact on state revenue aren’t available yet, but at least one advisor says family office clients in the state have relocated or are seriously considering doing so.

Financial advisors can increase their value by making sure clients spend money on things that make them feel happy and fulfilled.

Serious delinquencies on student loans jumped to about 8% after the first quarter of loan repayment data was reported.

American tourists can shave costs by paying for flights and hotel in advance, and buying purchases abroad in the local currency rather than the dollar.

Merrill’s Arbogast Breen Giles Olmo Group assists ultrawealthy tech entrepreneurs with transferring wealth to their heirs, managing art, and avoiding rash decisions when markets get choppy.

Along with the best private wealth teams, we also rank the top institutional consulting practices and individual advisors.

Leaders of Morgan Stanley’s Warr Group explain why advisors close to retirement choose to join their team and how this benefits their clients.

Large financial advisor teams often can offer more services and investment strategies than their smaller peers. But sometimes being too big can backfire.

Longtime Wall Street financial advisors Paul Carlson and Thomas Fautrel formed a private firm eight years ago just to serve their own clients. It didn’t stay that way.

The Microsoft co-founder is accelerating his plan as the U.S. and other countries cut funding for global health. In addition, Warren Buffett has said his donations to the Gates Foundation would end with his death.

Saving a big portion of what you earn gives you a lot of freedom no matter what you do.

Series I Savings Bonds made headlines three years ago, when the rate rose to nearly 10%.

The funds have played a central role in the nation’s 401(k) retirement system ever since 2006.

CEO median pay rose 9.5% in 2024, less than the prior year but more than inflation and average worker pay. Shareholders did even better.