The most significant wealth transfer in history, an estimated $84 trillion, is underway as Baby Boomers pass on their fortunes to their Gen X and Millennial heirs. But most families aren't ready, and the cultural divide between generations may make it more complicated than ever to preserve that legacy.

As recent market performance has demonstrated, market declines can happen at any time of the year — making now a good time to consider tax-loss harvesting.

The market for collectibles has exploded in recent years, as investors increasingly view collectibles as a steady element of their p...

With one in three accounting firms set to be at least partially owned by private equity funds, it's likely that changes are coming to the accounting industry. And as new management shakes up how these firms operate, clients may find themselves...

Michael Sonnenfeldt, the chairman of “ultra-high-net-worth” network Tiger 21, has declared that hedge funds are "dead as a doornail," as his members’ allocation dropped to just 2% — down 10 percentage points from 2008.

Sotheby's, the legendary auction house, wrapped up Sports Week in April, its first dedicated foray into sports memorabilia. The piece de resistance of the auction: a signed pair of boxing trunks that Muhammed Ali wore during his...

The launch of Destiny XYZ's new fund took Wall Street by storm when it began trading at the end of March, offering day traders and casual investors a way to buy into the prestigious...

The increase in the number of ultra-high-net-worth individuals across the U.S. can mean only good things for wealth managers - especially as more of these newly minted millionaires and billionaires look to set up family offices to protect their...

Despite a less-than-stellar inflation report in March, consumers are feeling bullish about the economy, pushing venture capital and private equity firms to ready themselves for a re-entry into the market. But before the coming AI wave hits and tr...

Promising returns in the first few weeks of the new year have NFT watchers hoping for a comeback. But with demand from its 2021 peak largely evaporated, collect...

Like many banking sectors, wealth management has been in a battle between the big banks and the boutique firms. But rising interest rates have slowed the market down, and big banks are feeling the crunch. As trust and exclusivity become more impo...

Your youthful passion may just help fund your retirement: Collectibles, sometimes misperceived as passion projects for slightly eccentric investors, have morphed into an increasingly solid asset class in their own right.

For those wil...

The wealthy have access to investments unavailable to the rest of us. But at least one type - direct investments - is now within reach.

Direct investments enable investors to take stakes in non-public companies whose shares don'...

When approaching the sports collectibles market as a potential investment strategy, it is imperative to enter with eyes wide open and invest only what yo...

High-net-worth families have long understood the value of alternative investments. Now there's a growing sense that the artificial intelligence (AI) revolution is the next big opportunity, even as it comes with major risks. Many just don't kn...

With global financial markets sliding sideways, visionary investors are on the lookout for new asset classes. One tangible subclass you can actually see with your eyes is worth checking out: vintage photos.

Fine art pieces have long b...

Like many collectors, you've developed a deep knowledge about whatever it is you've collected over the years. And, if you're like many collectors, your kids probably don't share your passion.

That's OK. They have their own c...

Memorabilia collections, by their nature, are specialized and unique. When considering your estate planning, it's important to think about what you requi...