KKR & Co. is injecting $300 million into a private credit fund it manages with Future Standard as performance continues to deteriorate. KKR will invest $150 million in preferred equity and tender for ...

Financial firms should make clear to advisors and employees that repeated off-channel communications violations can trigger disciplinary action at the firm-level, including suspensions, mandatory ...

Financial advisors are often “Type A” personalities. They want to take action. Years ago, I heard about a management training exercise where a group of participants was told to imagine their plane ...

Michael Burry, the investor made famous in The Big Short, is warning that the Nasdaq 100 Index is headed toward a dramatic reversal after a “parabolic” surge that has driven technology valuations to ...

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 ...

For some of your clients, the market’s nearly 600% gain since the global financial crisis of 2008 might have a downside: Chances are they are holding heavily appreciated stocks that tip the balance of ...

The sticker price to attend an Ivy League school next year is stretching to more than $90,000. At the University of Pennsylvania, for instance, the annual cost of attendance is now well above the ...

The data-center acquisition vehicle aims to buy already-built and leased properties benefiting from the AI boom.

Vanguard Financial Advisor Services today launched a new AI-powered portfolio analysis tool designed to give advisors instant, personalized portfolio guidance using Vanguard’s investment methodology, ...

Sarah lost the $20 million account six months after the liquidity event. Her client, David, had sold his manufacturing business. Sarah had done everything right—on paper. She optimized the tax ...

Medical advances mean shooting victims are much more likely to survive now than in 1960, so such long-run comparisons are to some extent misleading. But (1) Americans are still much less likely to die ...

Wall Street firms usually grumble in private after getting punished by regulators. Anthony Melchiorre’s Chatham Asset Management is dragging its advisers into a public legal battle for $100 million.