(Bloomberg) -- Making trades for seven bucks each has made Rodger Riney a billionaire...

(Bloomberg Gadfly) -- The profession of providing tender loving care to the wealth of the world's rich people is heading for its annus horribilis. Private bankers in Asia could deal with 2017 -- and the headaches the year will bring -- by...

(Bloomberg) -- Henderson Group Plc agreed to buy Janus Capital Group Inc., creating a $320 billion money manager as both companies seek to boost profit and assets in the face of rising competition from passive managers. Henderson’s...

(Bloomberg) -- Nirmal P. “Narv” Narvekar overhauled Columbia University’s endowment in the past 14 years, building a team that delivered top notch returns and minimized losses during volatile times. Now, he’s tasked...

(Bloomberg) -- Khemaridh Hy, late of Wall Street, starts at 5:15 a.m. with a Snapchat selfie and a caption that says, “Time for daily practice. Be present in the now!” After 20 minutes of meditation, he heads for the elevator and...

(Bloomberg) -- Eric Clapton will sell a Gerhard Richter painting valued at about $20 million in an auction that will test the market for the German artist’s work -- and show the musician’s prowess as a collector. The canvas, titled “Abstraktes...

According to a new analysis by the Tax Policy Center (TPC), the top 1 percent of Americans get 27 percent of the tax breaks doled out by the federal government.

Scottrade Financial Services Inc., the online brokerage, is working with an adviser to explore a sale, according to people familiar with the matter.

The very rich are different from you and me. They even have their own IRS audit squad.

(Bloomberg Gadfly) -- It’s that time of year again, time to count with envy all the money made by elite university endowments...