The world's largest sovereign wealth fund has modeled a scenario where the AI-driven capital spending boom fails to deliver productivity gains, projecting a potential 53% plunge in global equities and a 35% hit to its own portfolio value.
As demand for specialist education soars, private investors—from Abu Dhabi to private equity firms—are capitalizing on a strained system, drawing criticism for extracting profits from vulnerable children and cash-strapped councils.
As global uncertainty drives sovereign investors toward safe havens, Azerbaijan's $45 billion oil fund reveals its strategic pivot to gold, now making up over a third of its portfolio. The move highlights a broader trend of funds seeking insulation from market volatility and geopolitical shocks.
Reports of U.S. officials meeting with Alberta independence advocates have ignited a diplomatic row, as Canada's western province weighs a contentious push for sovereignty with an eye toward Washington.
While UBS's global wealth management arm saw robust client inflows from Asia, Europe, and the Middle East, its Americas business suffered significant outflows, driven by ongoing advisor departures following compensation changes.
A surge in retirement savings and home values has created a new class of 'hidden millionaires' across America. Yet, Vanguard research reveals this group often fails to recognize their wealth, leading to costly financial oversights in investment, debt, and estate planning.
LPL Financial Holdings strengthens its independent advisor network by adding Wealth Innovations' assets and retaining over 80% of advisors from its Commonwealth Financial acquisition, highlighting its competitive scale and tech-driven appeal.
Commonwealth Financial Network has reached a settlement with the SEC, bringing to a close a five-year legal battle over allegations the firm failed to disclose conflicts in mutual fund share class recommendations.
Swiss banking giant UBS is developing a suite of digital asset services, including cryptocurrency trading for select wealthy clients and tokenized solutions for corporations, CEO Sergio Ermotti announced during the bank's earnings call.
In a revealing interview, industrialist Charles Koch details how a posthumous letter from his father, Fred Koch, framed his lifelong view of fortune—warning that unearned wealth could erode ambition as easily as it could fuel purpose.
UBS Group's stock tumbled following a stark slowdown in net new asset growth at its key U.S. wealth management business, with executives warning of persistent challenges ahead even as the bank posts higher quarterly profit.
With savings rates declining and tax burdens increasing, strategic ISA investment emerges as a critical path to building substantial, tax-free wealth. We examine the disciplined habits that have created nearly 5,000 ISA millionaires in the UK.
A new analysis from Goldman Sachs underscores how the high cost of homeownership in areas with top-tier public schools creates a dual barrier to wealth building and educational access for many American families.
While inheritance provides a head start, the most enduring advantage passed down in affluent families often comes in the form of mindset and principles. Here are the core lessons that equip the next generation not just to hold onto wealth, but to understand and wield it effectively.
LPL Financial has secured commitments from over 80% of Commonwealth Financial's advisors following its August acquisition, making progress toward its 90% retention goal. The firm reported an 11% rise in quarterly net income, bolstered by strong market performance and growing assets.
Sanctuary Wealth has appointed Marissa Fox-Foley, former CMO of Choreo, as its new Chief Marketing Officer. She is tasked with scaling the hybrid RIA's marketing capabilities and driving digital transformation across its network of partner firms.
Summit Wealth Group, a $3 billion RIA, has launched a dedicated family office services division, appointing former Commonwealth advisor Michael Comstock to lead the new unit following the acquisition of his $470 million AUM practice.
Trustmark Corporation reported fourth-quarter earnings that surpassed analyst expectations, driven by solid performance across its core banking, mortgage, and wealth management divisions. While revenue met forecasts, adjusted EPS outperformed, with management pointing to strategic hires and cost discipline as key contributors.
First Commonwealth Financial's Q4 earnings surpassed analyst forecasts, driven by net interest margin expansion and steady loan growth. While management expressed confidence in its regional strategy, analysts on the call focused on the durability of these gains amid economic uncertainty.
Following strong Q3 FY2026 results, data protection specialist Commvault is deploying capital returns and a new sovereign-cloud strategy to reinforce its market position, even as investors grapple with valuation concerns in a shifting tech landscape.
