His primary opponent, Zohran Mamdani, has proposed a 2% income tax on city residents who earn more than $1 million a year.

ESG-focused funds are beating the performance of the S&P 500 Index for the longest period since late 2022. Environmental, social and governance funds tracked in the US are up 5.4% on this year, more ...

As the U.S. population ages, the risk of cognitive decline among clients is emerging as one of the most urgent—and ...

Five broker-dealers agreed to repay customers $19 million for fees charged over a five-year period, state regulators said.

The bank’s muni strategists led by Peter DeGroot lifted their full-year issuance prediction to $560 billion from $490 billion, according to a research report published Friday. Almost all of the sales, ...

In this new landscape, the winning formula isn’t just AI + advisor. It’s AI-powered, aligned and collaborative client-centered advisor teams.

Finra has proposed raising the long-standing $100 limit on gifts and business expenses to $250, citing inflation and the need to preserve appropriate business courtesies. The gift limit governs what ...

1. The Wealth Gap Widens During Uncertainty. The 16-point confidence spread between UHNW (19), and millionaire (3) investors ...

The Sogginess In Jobs Data On Friday, the S&P500 rose by 1% and 10-year Treasury yields climbed from 4.40% to 4.51% in reaction to what was deemed a solid jobs report. Payroll employment grew by ...

• Over 40% of U.S. adults demonstrated poor longevity literacy by incorrectly answering three questions about life expectancy at age 65. • Twenty percent of U.S. workers anticipated a retirement of at ...

Businesses in the energy, healthcare, manufacturing and financial services industries will be watching closely.

If sufficient extra money hasn’t been set aside, clients can always derive extra capital if needed from the equity in their home. If they’ve paid off their mortgage 100%, they may even get better ...