The partnership is the second this month for Emigrant, which has minority investments in 22 firms overseeing $130 billion in assets.

The regulator cited ignored alerts to a risky and unsuitable leveraged strategy, and $55M in preventable client losses.

The Trump administration plans to cut the Cybersecurity and Infrastructure Security Agency's budget by $700 million.

A $7 billion private credit fund managed by Carlyle Group Inc. capped redemptions after investors asked to pull 15.7% of the shares in the first quarter.

Shares of software companies fell on Thursday amid concerns about disruption from artificial intelligence services.

Sanctuary Wealth, a hybrid registered investment in Miami designed to serve wirehouse breakaway advisors, said a financial advisor managing $260 million in total client assets left Merrill Lynch to ...

Industry veteran Stephen Langlois discusses the industry--past and present--and how he sees technological innovation driving success for advisors going forward.

The deal to buy Vivaldi comes amid increasing demand for private markets exposure among wealth investors, Corient says.

In a team with too many members, accountability is spread too thin, he wrote: “Very often when a management team wants to accomplish something new… everyone on the team says, ‘We’ll get it done,’ ...

The benefit will help employees earning less than $100,000 to “address affordability pressures,” the bank said.

What stands out, however, is the role of alternatives—particularly private credit—as a stabilizing force, Vegari said. In a year when both stocks and bonds have faltered, private credit has provided ...

The dollar and oil are trading in lockstep in the wake of the US-Iran ceasefire, tightening the relationship between them to near-record levels.