Federal agents are going back to participants in a 2009 offshore account amnesty program to milk them for more information on the bankers and advisors who helped them hide their money.
Jewels that once belonged to the richest woman in England sold for $2.9 million at auction today as collectors buy gems with historical value.
John C. O'Hara Jr. has joined global wealth management firm Rockefeller Financial as a managing director and senior advisor.
Switzerland's bid to meet global standards for helping foreign governments identify suspected tax evaders will be assessed in the second half of next year, according to a new report.
The ranks of millionaires expanded by 12 percent in 2010, led by Singapore, as gains in financial markets lifted global wealth for a second straight year, the Boston Consulting Group said.
The year 2013 may snap a 12-year winning streak for wealthy Americans on taxes due on income, capital gains, dividends and giving money to their heirs.
Republicans in the U.S. House are showing signs of backing away from a small-business tax break included in their campaign platform last year.
Many millionaires no longer enjoy doing their own investing and would like to hand over more of the task to their advisors, say two new studies by Spectrem Group.
Mexican billionaire Carlos Slim bought a townhouse in midtown Manhattan that will be used for office space, extending his purchases of real estate in the city as property values increase.
The nearly rich aren't spending nearly as much as the wealthiest Americans on luxury brands.
Beverly Hills is luring wealthy individuals seeking real estate investments, driving up prices for trophy apartment buildings in the city.
The market for trophy art roared back after a three-night slump as Christie's saw its biggest tally for a New York evening contemporary-art sale since May 2008.
The 400 highest-earning U.S. households reported a total of $108.2 billion in income for 2008, a 21.5% decline from a year earlier and the first drop since 2002, according to IRS data.
Wells Fargo & Co. shuffled regional managers and broadened oversight as part of an effort to streamline the wealth-management unit.
As the impact of the financial crisis fades, a majority of ultra-high-net-worth investors are reporting increased satisfaction with their financial advisors, according to a new survey.
Atlantic Trust, the private wealth management division of Invesco Ltd., has been named the nation's top wealth management firm by the Luxury Institute.
As postwar and contemporary art auctions begin in New York this week, 66 Andy Warhol lots will test the market's appetite for one of its biggest stars. What's the best buy?
Simon Cowell has amassed a fortune of $331 million, enough to propel him into the Top 10 of U.K. musical millionaires, the Sunday Times said.
Fidelity Investment's program for helping advisors serve ultra-high-net-worth clients has grown to $2 billion in assets after its first six months, the company said.
U.S. Bancorp is establishing a program to help ultra-high-net-worth clients build legacies and control the impact of money on their families.