US employment costs unexpectedly accelerated in the third quarter, heightening concerns that a strong labor market risks keeping inflation above the Federal Reserve’s target.

Here’s a sobering truth you’re seeing more of every day: Your unique status, as an advisor, is declining at a rapid pace.

Is there a graceful way to explain to clients I’m not the person making these decisions, and that I understand the impact, without betraying my firm and aligning fully with clients?

Harness the power of neuroscience and psychology to help your clients reach their long-term planning goals.

Contrary to popular belief, “women” and “pre-retirees” are not niches. Here are tips for narrowing a niche that is too broadly defined.

Much of our technology is complex and confusing. How can we fix that?

Recently, a newly divorced woman in her 50s asked me if I knew of any good books for middle-aged, single woman of wealth.

To have a shot at taming inflation, the Federal Reserve is intent on tightening financial conditions across the economy. But they haven’t made much of a dent in corporate America yet.

The US Treasury reduced its estimate for federal borrowing for the current quarter thanks to stronger-than-expected revenues, offering some relief for investors concerned about the rapidly widening fiscal deficit.

A Federal Reserve pause, seasonal tailwinds, an earnings-led rally. Many of the reasons that got Wall Street strategists increasingly bullish coming into the end of the year now look like wishful thinking.

The world’s auto industry is accelerating in two directions at once. Unless those contradictions are resolved, carmakers risk running themselves off the road.

All of a sudden there is a flurry of activity around artificial intelligence policy. President Joe Biden is scheduled to issue an executive order on the topic today. An AI safety summit is being held in the UK later this week. And last week, the US Senate held a closed-door forum on research and development in AI.

Like many advisory firms, we work with many multi-generational families and use a team approach that matches our younger advisors with clients in the same demographic to help them prepare to be good stewards of assets they earn and inherit.

Forging connections with beneficiaries sends the message that you not only safeguard the individual's interests but genuinely care about the long-term prosperity of their family. Here’s how this benefits your client and your firm – and how to do it effectively.

The world is a cold, hard, mean place and you are going to suffer if you allow bullying comments from a tough prospect to derail you.

While getting your loans wiped out in one fell swoop can seem like a lifesaver, it may come with some negative financial implications. I cover what you need to know.

US blue-chip companies unleashed a wave of bond sales on Monday as borrowers look to sell new debt in a week jam-packed with bond auctions, central bank meetings and fresh economic data.

The financial world’s computer-loving crowd is preparing for the dawn of a new AI-powered era — but that doesn’t mean they’re ready to fully embrace the technology just yet.

Goldman Sachs Group Inc. lifted its long-term growth estimates for the US and many other major economies as generative artificial intelligence is set to boost productivity over the next decade.

New research found that the stocks of companies that have invested heavily – especially if that was not financed through organic growth – underperformed an appropriate benchmark.

Of all the negative articles written about Amazon.com Inc. through the years, one piece in particular stung the company more than most. Claiming that Amazon’s aggressive pursuit of growth had come at the expense of a good shopping experience for its customers, New York magazine this January criticized what it called “The Junkification of Amazon.”

Ryan Russell passed away, following a 17-month battle with cancer.

The yield on 10-year Treasuries went above 5% last week for the first time since July 2007, when the first Transformers movie was topping the box office and the Dow Jones Industrial Average surpassed 14,000 for the first time in history.

If you believe that an easy solution to improve lower-class standards of living is to raise the minimum wage, or you are curious about what university presidents spend their time on, Angus Deaton’s new book provide insightful answers to those and many more questions that, taken together, challenge the relevance of modern economics and the capitalism it supports.

I analyze the math of annuity income riders and how you pay the insurance company to draw down your own assets. It is highly unlikely the insurers will pay a dime, which makes those riders questionable.

Many entry-level jobs, especially those in education and social services, do not pay well enough for recent graduates to balance their student loan payments with rent and other expenses. This is where income-based repayment plans for student loans come in.

US stocks carry too much risk and buying Treasuries will pay off, according to M&G Plc as the $402 billion fund house navigates the brutal selloff in global markets.

Bitcoin has jumped on bets that the first US exchange-traded funds investing directly in the token are set to be approved. The question now is whether an actual green light for the products would spur some profit-taking.

Amazon.com Inc. Chief Executive Officer Andy Jassy gave investors much of what they wanted this earnings season: robust sales and profit growth along with a hint that the cloud division earnings machine is regaining momentum.

Momentum has turned in tech stocks and investors awakening from dreams of artificial-intelligence nirvana are back to a less grandiose concern: When will the selling stop?

US consumers have kept buying these things despite high inflation and the contractionary policy of the Federal Reserve, and they deserve thanks not only for the recession that still has not come, but for the fast pace of recent economic growth.

You won’t find this term in any serious economics textbook, but the only clinical way to describe the US housing market is bananas. Affordability is at record lows and mortgage rates are the highest since 2000.

Morgan Stanley’s incoming chief executive officer, Ted Pick, said investment banking will lead the next business cycle, and that hiring for that business will help the firm compete with rivals.

The rout in US stocks has brought the S&P 500 Index to a crucial inflection point. It’s teetering near a correction after breaching 4,200 for the first time since May — a key technical level that may point to a longer-term selloff.

Embattled debt investors like the look of 5% Treasury yields as they weigh the risk-versus-reward scales for the world’s biggest bond market.

Amazon.com Inc.’s run as one of the best stocks this year will likely come down to the performance of a single business line: cloud computing.

Since taking a big leap upward in the 1940s and 1950s, the homeownership rate in the US has been remarkably steady since the 1960s, with close to two-thirds of households owning their homes.

Before we get carried away anew with declarations about how “the investing world is forever changing,” it’s worth remembering how fluid the relationship has proved over the past couple of years — and how another twist is always just around the corner.

The US economy grew at the fastest pace in nearly two years last quarter, fueled by a surge in consumer spending.

As 2023 enters the home stretch, I reflect on asset class performance for the year and discuss what my firm’s models are saying for the next 12 months.

Banks are taking a cautious approach in the investment-grade bond market amid some of the wildest swings in Treasuries in recent memory, waiting for pockets of calm to emerge as they seek to borrow before US officials can raise interest rates or tighten regulations further.

The relationship and the recent divergence between real rates and stock valuations is critical. Be ready for the historical trend to reassert itself.

I’ve identified nine skills and practices that will help you become a great leader and foster a culture that’s conducive to developing future leaders, not just followers.

A successful RIA hired a designer and spent $200,000 on a new logo as part of a project to create a new digital presence.

Being part of a football coaching staff fascinates me.

I don’t understand why it’s necessary to have an elaborate screening process to deal with prospects.

Maybe this time isn’t all that different for industrial companies. In a normal economic cycle, consumer-facing manufacturers feel the effects of a slowdown first, followed by industrial operations that can convert bookings into sales relatively quickly.

In the fiscal year that just ended, the US government borrowed $1.7 trillion, more than 6% of gross domestic product. Bear in mind, that was with an economy running hot, with high inflation and more than full employment.

Municipal-bond yields at the highest in more than a decade are spurring optimism on the part of investment managers, who have been dealing with persistent fund outflows this year as the market has struggled along with the rest of fixed income.

Here are my seven keys to emerging as a leader.