The Internal Revenue Service is raising standard deductions, expanding estate and gift tax exemptions and adjusting income tax brackets for 2027, opening new opportunities for financial advisors to ...

A trio of financial advisors has left UBS Financial Services to forge their own independent RIA firm, Cleros Wealth Partners, in Fort Worth, Texas, with about $3.61 billion in assets under supervision ...

It took around 24 hours for Wall Street’s response to the US midterm elections to turn negative. Once it did, it set in motion a chain reaction of selling that moved considerably faster. The blue wave ...

Goldman Sachs Group Inc. has irked some of its staff after it banned most of them from using advanced artificial intelligence tools designed for coding after reviewing productivity and risk concerns.

The midterm elections could deliver a divided Congress, a boost for stocks and new headaches for investors holding some of this year's biggest winners, according to Morgan Stanley strategists. Morgan ...

Morgan Stanley’s Mike Wilson says he sees a few “clearing events” ahead for the stock market that have the potential to take it lower temporarily, creating a great opportunity for investors to pile ...

California’s billionaire tax has gotten the headlines, and the billionaires paying to stop it make up a good share of them. They’ve poured tens of millions of dollars into defeating Prop 40, a ...

Mercer Advisors, a wealth manager with about $114 billion in client assets and 120 national locations, announced that it has acquired Fifteenth, an “AI-native” tax and accounting firm whose ...

American workers may be cutting back on 401(k) retirement contributions to cover rising living costs, a new report suggests. In a TIAA survey, 43% of Americans said they have cut back on retirement ...

Raymond James said it recently hired a trio of private wealth financial advisors in Washington, D.C., who managed more than $1.5 billion in client assets at PNC Private Bank. Advisors Kenneth “Ken” ...

U.S. stocks rallied on Wednesday as Democrats swept to power in Congress and President Donald Trump said he would accept the midterm results, easing uncertainty and prompting investors to buy the ...

In giving the Democratic Party full control of both houses of Congress on Tuesday, voters were evidently demanding dramatic change in Washington after two years of the Trump administration. But some ...