Family Wealth Watch

Billions Wiped Out as Stock-Safety Trade on Wall Street Misfires

Beaten-up investors decided to send more than $60 billion to exchange-traded funds focusing on dividends.

The Sandwich Generation: How to Prepare to Take Care of Kids and Parents

As Gen Zers and millennials move through life, all will have to learn to manage their finances, but some bear responsibility for others as well.

Individual Investors Pull Most Cash From US Stocks in Two Years

Individual investors pulled more money from US equities in October than they have in any month over the past two years.

Millennials are Struggling With Credit Card Debt, NY Fed Study Finds

Credit card debt surged again during the third quarter and so did the number of people missing payments.

Spontaneous Family Wealth Discussions and Decisions Can Lead to Regrets, Finds Merrill Study

Nearly four in five wealthy families have had unplanned discussions about wealth with 26% later regretting it, according to a new study.

Dimon: The Excess Savings Amassed by Low-Income Consumers are Now Gone

JPM CEO Jamie Dimon sees a divergence between the two ends of his customer base, with lower-income consumers running out of a cash cushion.

Wife Threatens to Divorce Husband After He Buys $1 Million House for Sister

For one woman, her husband's impulsive financial decisions may be the last straw in their relationship.