Traders work at the New York Stock Exchange on Feb. 10, 2026. NYSE Shares of financial services firms tanked Tuesday after the launch of a new tax planning tool powered by artificial intelligence that promises to do the work “within minutes.” LPL Financial tumbled nearly 11%, while Charles Schwab and Raymond James Financial both dropped…
Sdi Productions | Istock | Getty Images Amid growing consumer interest in alternative investments, financial advisors say it’s important to find the right way to invest. Alternative investments are a broad category that covers many assets outside traditional holdings of cash, stock and bonds. Alts include private-market assets, real estate, commodities such as gold and…
To be considered wealthy in the U.S., Americans say you need a net worth of $2.3 million in 2025 — but that number can be even higher depending on where you live. It’s down from $2.5 million last year, according to Charles Schwab’s latest Modern Wealth Survey, which polled 2,000 adults nationwide between April 24…
