A fund that includes President Donald Trump’s eldest sons among its investors has booked hundreds of millions of dollars in paper profits through a lucrative playbook that involves taking stakes in a ...

Wall Street got a reality check as a bruising selloff in several technology giants fueled concern the artificial-intelligence frenzy that has powered the equity bull market might be overblown. The ...

The next generation of financial advisors is sending a clear message to employers: Invest in us. Students entering the profession want mentorship. They want meaningful work. They want a transparent ...

The U.S. Supreme Court reinforced the Securities and Exchange Commission’s power to recover illegal profits in a case that centered on one of the agency’s most potent enforcement tools. The justices ...

The Department of Labor is trying to answer one of the retirement industry’s biggest questions: How can advisors and fiduciaries offer private-market investments in 401(k)s without getting sued? In a ...

Grieving a lost spouse is hard enough, but you may feel another shock when tax time comes around. Without planning, a surviving spouse may likely be surprised to find their taxes have risen sharply ...

Months before Jamie Dimon’s infamous remark about more than one “cockroach” lurking in credit markets, TCW Group Inc. Chief Executive Officer Katie Koch warned the direct lending industry was due for ...

Investors need exposure to semiconductor companies and other “picks and shovels” of artificial intelligence as spending accelerates, even with the Iran war stoking geopolitical tensions, according to ...

A Goldman Sachs Group Inc. private credit fund said investors sought to pull just under 5% of cash in the first quarter, narrowly escaping a broader exodus that has forced peers to cap withdrawals.

The Securities and Exchange Commission has sued the estate and firm of a deceased Massachusetts advisor who allegedly fleeced about $1.68 million of his clients’ funds. In a lawsuit filed yesterday, ...

Some of the world’s biggest hedge funds known for delivering steady returns lost money in March as the war in the Middle East roiled markets across energy, bonds and equities and forced traders to ...

Ken Griffin is pointing an outstretched arm toward his field of dreams. On this Wednesday afternoon in early February, the CEO of Citadel, one of the world’s largest and most profitable hedge funds, ...