As millions of students begin the new school year, parents across America are edging closer to the day when their offspring stand on their own two feet. But thoughts of shuttering the bank of mom and dad should be put on hold according to a study from the North Carolina...
In 2021, a piece of digital art sold at auction for $69 million. The iconic sale ‘Everydays: The First 5000 Days’ from Beeple was the first time most of the world took any notice of NFTs. Two years on, following something of a frenzy for investing in the burgeoning assets,...
In a move set to bolster its foothold in the West, NFP announced the acquisition of Divergent Wealth Advisors, based in South Jordan, Utah. The strategic acquisition expands NFP’s offerings in wealth management and retirement planning. Divergent Wealth Advisors, an independent registered investment advisor, boasts over $675 million in assets...
Three years and nearly $1 billion later, Wells Fargo & Co. is finally playing offense in one of Wall Street’s hottest battlegrounds: wealth management. The banking giant is trying to lure hundreds of independent advisers to join its platform as part of a larger push to expand the firm’s business...
Consumer stocks, one of the brightest corners of the market this year, are about to lose their shine as risks build for the sector, according to Morgan Stanley’s Michael Wilson. The faltering rally is in keeping with the view of Morgan Stanley economists that household spending probably can’t sustain the...
It is a make-or-break moment for China's relationship with the European Union, as the bloc's trade chief asks for more openness and fairness from Beijing."We stand at a crossroads. We can choose a path towards mutually beneficial relations. One which is based on open, fair trade and investment, and...