His message is not that AI will fail as a technology. Rather, he warns us that the greatest technological revolutions in history have repeatedly destroyed the investors who funded them. We’ll examine ...

BlackRock is holding its overweight to U.S. equities and steering clients away from long-duration government bonds for the rest of 2026, betting that artificial intelligence bottlenecks, not the broad ...

Perhaps one should avoid the temptation to use house metaphors when describing something like an RIA business. And yet. Like your house, your advisory firm has likely got a lot of your personal stake ...

Nearly 71% of rookie advisors will drop out within their first five years, creating a nearly insurmountable staffing problem for an industry that is both aging into retirement and attracting fewer new ...

In the future, will people have relationships with their financial advisors or with the advisors’ broker-dealers, custodians and other affiliated businesses? It’s an uncomfortable question. Clients ...

Beginning almost 20 years ago, an obscure advisor in El Cajon, Calif., published a series of papers defining sustainable withdrawal rates from retirement portfolios. Based on a historical ...

Ken Griffin is pointing an outstretched arm toward his field of dreams. On this Wednesday afternoon in early February, the CEO of Citadel, one of the world’s largest and most profitable hedge funds, ...

You’ve heard the numbers. Thirty-eight percent of advisors (with 42% of total industry assets) are retiring in the next 10 years. The profession is going to be short 100,000 advisors by 2034, ...

A dwindling number of prospective students will drive as many as 370 private colleges in the US to shutter or merge with another institution in the next decade, according to a major higher-education ...

Morningstar research suggests that clients retiring in 2026 could start with a withdrawal rate of 3.9% and, adjusting for inflation, continue through a 30-year retirement without running out of money.

Bumpy markets are no fun for anyone, but for clients about to retire or who are recently retired, volatility can be downright terrifying. That’s because market drops right before or early in someone’s ...

An arbitration panel has ordered Atlanta broker-dealer Truist Financial to pay an investor more $2.7 million for his investment in a defunct Bermuda insurance firm that sold annuity products and that ...