With Powell's chairmanship expiring May 15 and his nominated replacement facing a Senate confirmation snag, Trump is ramping up pressure on the Fed chief to exit the central bank entirely.
His divulged net worth easily eclipses current Chair Jerome Powell's, though holdings in venture capital, private funds, and crypto make the exact number hard to pin down.
Meanwhile, Citi logged its best quarterly revenue in at least 10 years, with profitability metric topping the bank's own targets for the first time since 2021.
The giant asset manager's adjusted earnings of $12.53 per share topped estimates, but a market-driven slide from its year-end AUM record complicated an otherwise strong quarter.
As AI adoption accelerates across the RIA industry, the startup is looking to help bridge what one its founders sees as a persistent marketing expertise gap among advisors.
The veteran operating executive joins from Engle Martin and will lead Hightower One, the mega-RIA's back- and middle-office platform, just as the firm deepens its push in the Signature Wealth channel.
With three-quarters of surveyed workers over 50 delaying retirement and nearly two-thirds tapping their savings early, advisors say the window for course correction is narrowing fast
Grier Rubeling joins Rossby Financial and ROffice to lead transition services, bringing a consultant's perspective on why moving between firms hasn't gotten simpler – even as the technology has.
With $464 billion raised in alternatives since 2019 and wealth management fees up 17% year-over-year, the firm is pressing its advantage.
Touchstone Wealth Partners, a multigenerational team based in Ohio and Florida, is the fourth billion dollar-plus practice to join FiNet this year.
