They're confident that after some political theater over the next few months, lawmakers will reach an agreement to boost the debt limit because the consequences of not doing so would be catastrophic.
The losses, which led to the bank's largest earnings miss in a decade, reflected a major slide in revenue from equity investments, Goldman said.
The firm posted record net revenue in wealth management last year, in contrast to investment banking, where it saw a 49% decline in revenue during the fourth quarter.
The combination of rising prices and a falling stock market have worsened the retirement crisis, with 37% of retirees surveyed saying they have no savings at all.
Temple, Texas-based Cedarwood Financial Partners specializes in retirement planning services.
With an assist from the Lucy Shair Foundation, Valerie Rivera aims to serve clients who are the first in their families to rise to the professional class.
The sixth annual recognition program aims to tell the stories of individuals and firms that implement and advocate for diversity and inclusion within the financial advisory industry.
The bank says costs will be a top priority this year; it also says it's still committed to its digital assets strategy despite the turmoil in crypto markets.
Rep. Ann Wagner, R-Mo., will lead the House Financial Service Subcommittee on Capital Markets, which oversees the SEC and works on policies related to investor protection and capital formation.
Plus Brad Weber gets Savvy, iCapital adds 100 to its tech team, and Richr launches an advisory service.
Advisors at Wells Fargo have been under a cloud since 2016, when the bank's fake-account scandal erupted.
The asset manager will make a minority investment in Human Interest, as well as leading a financing round to support the next phase of the company’s growth.
A new report on 2022 dealmaking shows a growing number of acquisitions of firms with less than $500 million under management.
The wealth management franchise at Bank of America continued to perform well in 2022 despite the stock market sell-off.
NASAA's policy agenda asks lawmakers not to erode state oversight of unregistered securities in the effort to bolster capital formation, warning of potential investor harm.
Sugarman and his partner, Jason Galanis, used the proceeds from the sale of tribal bonds to acquire foreign insurance companies.
Coming off a horrific year for bonds, the table has been set for both simple and creative fixed-income opportunities.
In an episode of the lifestyle podcast, the head of Goldman Sachs Personal Financial Management listed some tenets of financial advice he's used in his career and talked about ways his life has informed his work with money.
But the two groups are almost evenly split on the outlook for inflation in the coming year, according to a study by Ubiquity.
Vancouver, Washington-based advisors Eric Fenton and Rodney Wangler founded their firm in 2001.
