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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Credit card issuers are enticing big spenders with luxurious perks and prestige brands, funded in part by fees that are higher than ever.
2026 presents a catch-22 for the Fed. It normally cuts rates to buoy hiring, which tightened last year, but that could drive up inflation.
Everyday investors closed 2025 with inflows that were nearly twice the five-year average, surpassing the previous record set in 2021 by 17%.
Yields on ultra-long 40-year Japanese Government Bonds (JGB) rose 0.26 percentage points Tuesday, reaching 4.2%, an all-time high.
The six largest US banks paid more than $140 billion in dividends and buybacks last year, setting a record, according to Bloomberg.
A logjam keeping companies worth as much as $2.9 trillion, from SpaceX to OpenAI, out of public stock markets may finally break in 2026.
The country’s biggest banks released quarterly reports this week, while their stock prices slumped.
Loan loss provisions — the allowance banks set aside to cover bad debt — is a key data point to watch regarding consumer health.
Shares of Blackrock bounced back on Thursday as analysts assessed the headwinds that have past blocked proposals similar to President Trump’s.
For prospective buyers, this could lead to not having to go up against, say, Blackstone, when you put in a bid for a home.
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.
For the first time since 2018, the Wells Fargo stagecoach is rolling into a new year without the burden of a Federal Reserve asset cap.
Despite a recent pickup in dealmaking, the industry is sitting on a backlog of at least 31,000 companies valued at $3.7 trillion.
Trian and General Catalyst said going private will free the firm “from the constraints of operating as a public company.”