Wall Street Analysts Give Investors What They Want

Jan 20, 2017

If you believe that the job of a sell-side analyst is to tell people which stocks to buy and which ones to sell, you need to stop believing that right now, because it is not true.

Former Lehman CEO Fuld Emerges as Backer of Wealth-Advisory Firm

Jan 18, 2017

Matrix Wealth Partners, in registering as an investment adviser last month, disclosed that it’s partly owned by former Lehman Brothers head Richard Fuld.

Younger Americans Embrace Value of Unbiased Financial Advice

Jan 17, 2017

Half of all investors -- and 79 percent of those ages 30 to 39 -- are interested in paying for financial advice.

Morgan Stanley Sees Better Start to Trading in '17 From Year Ago

Jan 17, 2017

Wealth-management revenue climbed 3 percent to a record $3.99 billion, as profit jumped 16 percent to $891 million.

Morgan Stanley to Pay $13 Million for Overbilling Clients

Jan 13, 2017

Billing errors affected more than 149,000 clients between 2002 and 2016.

Ex-Billionaire to Settle in Retirement Home After SEC Loss

Jan 13, 2017

Samuel Wyly is selling his Dallas mansion and moving into the luxury Edgemere retirement community.

Dead Art Billionaire’s Son Cleared in French Tax Fraud Case

Jan 12, 2017

Judge rules proof lacking to convict Guy Wildenstein

Morgan Stanley Signs With Asset-Gobbling Startup Backed by Thiel

Jan 10, 2017

Software from data-aggregation company Addepar Inc. is now used by the bank’s largest private-wealth teams

For Rich College Donors, a Favorite Tax Break Is Now in Danger

Jan 05, 2017

The Republican-controlled Congress may require that a quarter of gifts to the wealthiest colleges be used for middle-class financial aid or they won't be tax deductible.

The Ultimate Logic Puzzler

Dec 29, 2016

The following critical thinking quiz consists of 10 quick puzzles, each of which is designed to be solved in less than 30 seconds. Keep it simple, and the solutions may be easier than you think. Good luck.