Swensen was the face of higher education’s embrace of private equity, illiquid investments held for the long term. His push beyond the traditional stocks and bonds portfolio was a major part of the ...

American workers are saving for retirement in their 401 (k) accounts at a consistent record clip despite market volatility that has rattled many investors, according to Fidelity Investments.

Victoria O’Tool has been named executive director of FinServ Foundation, a nonprofit organization created to foster talent in the financial services sector, the foundation announced today. In her new ...

Financial advisors are entering a new phase where technology-driven innovation and regulatory oversight collide—and compliance experts are urging firms to get ahead of both.

Jane Buffett claimed in her suit that the trustee and his firm received $1.7 million in fees from the estate last year.

President Donald Trump told Senate Republicans he is open to a state and local tax deduction cap lower than the $40,000 in the House-passed version of his giant tax bill, a person familiar with the ...

In the eyes of Jane Edmondson of TMX VettaFi, Vanguard’s new ETF is a strategic move to challenge BlackRock’s dominance in the emerging-markets space. She points to VOO, the firm’s S&P 500 ETF, which ...

The Wealth Squad The Global High Wealth Industry Group, commonly called the Wealth Squad, is a specialized unit within the IRS. Established in 2009, it was explicitly designed to focus on the tax ...

BlackRock Inc. is planning its second round of job cuts this year after the world’s largest asset manager splurged on $28 billion of deals to wade deeper into private markets. The firm is set to cut ...

Vanguard Group, Capital Group and the TCW Group are among the investment giants who have embraced the semi-liquid funds, partnering with the likes of Blackstone Inc., KKR & Co and Apollo Global ...

Global stocks are getting close to triggering a technical “sell” signal after reaching a record this week, warns Bank of America Corp. strategist Michael Hartnett, saying the market is running too hot ...

As the Fed watches for signs that inflation may be persistent, a crucial factor will be how consumers see tariffs affecting ...