Wealthy investors have grown more pessimistic about the economy this summer, with many citing crises in the Middle East and Ukraine as potential hazards, a survey finds.» Read More
With the holidays in full swing, tax season seems like a long way off. But there are only 10 days left to lower your 2009 tax bill. The New York Times has some advice.
"At a time of near universal economic suffering, there should be more openness than ever to the revolutionary and ultimately life-changing realization that you gain, rather than losing, from the progress of the people around you," writes author Michael Medved in this guest author blog.
Investors typically buy foreign bonds as protection against inflation but some strategists say they're really more of a bet against the dollar.
To deter lawsuits, many estate plans include a no-contest clause, which provides that anyone who formally challenges the plan gets nothing, according to the New York Times.
I woke up in Milwaukee this morning to see Maria Bartiromo on Morning Joe challenging Michael Moore on the subject of capitalism. Go Maria!! I had to laugh out loud listening to Mr. Moore freaking out about the top 1% of the population owning 99% of the wealth in the country.
The wealthiest Americans have lost between 20 and 40 percent of their assets over the last year and a half. Michael Sonnenfeldt, founder of Tiger 21, told CNBC how the very rich have reacted.
For many people who do not have bank accounts, or cannot get a credit card, the pre-paid debit cards are irresistible. But their convenience comes with a catch. The New York Times reports.
Warren Buffett tops the list of the biggest losers among America's richest billionaires, with an estimated $10 billion drop in his personal wealth over the past twelve months. That's the result of Berkshire Hathaway's 20 percent stock decline. But Buffett's remaining $40 billion is still enough to maintain his number two ranking on the annual Forbes 400 ranking of the country's wealthiest people.
A fictional version of Warren Buffett assembles a "cadre" of "super-rich" billionaires to "fix" the U.S. government and return "power to the people," in a new book by political candidate and activist Ralph Nader.
Some of the money that fled stocks for safe harbors like money-market funds and government bonds is beginning to return. Even with trillions still sheltered on the sidelines, some $56 billion has poured into equity funds since April.
Greg Fleming, Morgan Stanley Wealth Management president, discusses how uncertainty is impacting the markets and why he believes the U.S. economy is better positioned than most people think.
If you’re like most credit card customers, you’ve gotten notes from your bank in recent weeks.
Greg Fleming, Morgan Stanley Wealth Management president, discusses Fed policy and the notion of "irrational exuberance" in the markets.
The lawyers working to recover the assets of Marc Drier -- a lawyer arrested for defrauding his investors of $700 million -- face unexpected obstacles as they disentangle the web of fraud, says the New York Times.
Renowned investor Jim Rogers thinks the best way to preserve wealth is to make money. His single best investments – his daughters – and Rogers is set on making sure they get the best education possible.
Horst Schulze, Chairman & CEO of Capella Hotel and Resorts, explains how "luxury is changing," and reveals his new strategy geared towards the business traveler.
Warren Buffett and his friend Bill Gates reportedly joined with David Rockefeller Sr. to invite a group of the world's richest people to gather in one room earlier this month. The agenda wasn't world domination. It was making philanthropy more effective. Among the other well-known, and very wealthy names, attending the meeting on May 5 in New York City: Michael Bloomberg, Peter Peterson, George Soros, Ted Turner, and Oprah Winfrey.
Greg Fleming, Morgan Stanley Wealth Management president, provides Wall Street's view of the the fiscal cliff and its impact on investors.
The Robin Hood Foundation’s spring fund-raising event has long set the pace for charity benefits, raising tens of millions of dollars from publicity-averse hedge fund moguls who engaged in raucous bidding wars. That was then, this is now.
CNBC's Robert Frank explains why some companies are racing to beat a tax hike by paying dividends before December 31st.
Serving younger clients now isn't likely to make or break your practice short-term, but it will spark profits down the road.
Only 30 percent of family businesses are successfully passed down, but financial advisors can help owners turn the odds around.
Women tend to be less confident about money than men, but advisors are helping them bridge the still-wide financial literacy gap.