Assets at independent advisory firms grew at an annualized rate of 11% over the past five years, while wirehouse assets increased just 8.5%, according to recent data.
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Claude Code promises to create any type of software — from analyzing specific data sets to building websites and editing photos.
The six largest US banks paid more than $140 billion in dividends and buybacks last year, setting a record, according to Bloomberg.
In its earnings call, Goldman said that its deal backlog now sits at a four-year high entering the New Year.
Morgan Stanley expects further growth for the funds despite possible interest rate cuts.
The company’s crypto exchange-traded product push might be more about the tech than the individual products, one observer said.
Bitcoin ETFs just notched $697 million worth of inflows on Monday, their biggest gain since early October.
JPMorgan and Goldman Sachs proved they’re still the go-to middlemen for Wall Street deals amid a near-record $4.8 trillion global M&A bonanza
Forecasters predict gold’s rally will stretch through December 2026, although one analysis says there’s reason for caution.
Despite a recent pickup in dealmaking, the industry is sitting on a backlog of at least 31,000 companies valued at $3.7 trillion.
Bank of America analysts forecast S&P 500 earnings will grow 14% next year, and sees the index reaching 7,100.
Morgan Stanley cut its rating of Tesla for the first time in two years on Monday to “equal weight,” which is equivalent to a hold.
There are more than 1,500 active unicorns that have raised roughly $1 trillion in venture capital funding, according to PitchBook data.
Goldman Sachs CEO David Solomon and Morgan Stanley CEO Ted Pick warned of an equities drawdown on Tuesday at a summit in Hong Kong.
The investment bank has acquired EquityZen, giving Morgan Stanley clients greater access to private company investments.
Disclosures by two regional lenders last week set off a mini-panic about bad loans on the books of small and medium cap banks.