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Thomas Berwick | Digital Vision | Getty ImagesAt the highest levels of wealth management, success is measured by more than investment returns. Advisors tasked with guiding large fortunes must combine technical expertise, strategic foresight, and the ability to serve clients whose financial lives often span companies, generations, and continents.That’s exactly why CNBC’s Elite Advisors list was created. To identify firms and professionals who exemplify those standards, and to establish a framework for assessing excellence at the pinnacle of the advisory profession.To help develop the methodology and evaluate participating companies, CNBC consulted with AccuPoint Solutions, an asset management data and research…
Amazon plans to expand the rollout of its new conversational AI assistant Alexa+ to India, inviting Indian users to test the Hindi version. The company sent an email to some customers, seen by TechCrunch, asking users to fill out a form in Hindi by June 22 to participate in the beta testing program. “You are invited to join the Alexa+ Beta Program in India. We are creating a new Alexa experience, and your feedback is important to us to improve what you can do with Alexa+. By joining the Alexa+ Beta Program, you will receive a notification when a test…
Jim Cramer’s CNBC Investment Club hosts a “Morning Meeting” livestream every weekday at 10:20 a.m. ET. A recap of Monday’s key moments. 1. Stocks were mixed on Monday as investors assessed the latest developments in Iran war negotiations and awaited the release of key inflation data later this week. West Texas Intermediate crude oil fell below $75 a barrel after reports that U.S. and Iranian authorities had agreed on a framework to reach a final deal within 60 days, easing concerns about disruptions to global energy supplies. Despite falling oil prices, U.S. Treasury yields rose, with the benchmark 10-year Treasury…
Hollywood is playing a somber tune. Clive Davis, the music executive who helped propel the likes of Whitney Houston, Alicia Keys and Bruce Springsteen to the upper echelons of fame, died on June 22 after being hospitalized for a respiratory illness, his family confirmed. He was 94 years old. “To the world, our father was an iconic musical legend whose vision, instincts and relentless pursuit of excellence shaped the soundtrack of countless lives,” the family said in a statement shared with MS NOW. “He discovered, mentored and championed some of the greatest artists in the history of modern music, leaving…
Messi is currently the competition’s all-time and current top scorer with 17 and 4 goals respectively.Published June 22, 2026June 22, 2026Lionel Messi scored his team’s first goal in Group J against Austria, breaking the record for the most goals in FIFA World Cup history and taking his tally to 17 in six soccer tournaments.The Argentine captain reached the top of the charts on Monday when he ran home after 38 minutes in his team’s second group game to deafening cheers at Dallas Stadium in Arlington, Texas, USA.Messi scored a hat-trick in a 3-0 win over Algeria in North America last…
Wella Lodsawan | Moments | Getty ImagesAmerica’s wealthiest households have different financial needs than the average investor, so they seek financial advisors who specialize in managing this wealth class.The inaugural CNBC Elite Advisor List features 25 of the nation’s top investment advisors serving ultra-high net worth individuals and family offices, chosen for their expertise in advising clients with investable assets of $25 million or more. Financial experts who specialize in the ultra-high-net-worth market say these advisors provide investment management services that include private asset, illiquid or concentrated asset holdings, but the bulk of their work resides outside of client portfolios.Experts…
A new partnership has been formed between a Hollywood studio and a tech giant. On Monday, Google DeepMind announced a $75 million investment (according to WSJ) in A24, the popular indie film studio known for hits such as “Marty Supreme,” “Everywhere All At Once,” and the latest blockbuster, “Backrooms.” Google DeepMind is billing the investment as a partnership, a “first of its kind” effort in which the two companies will develop AI tools for film production, and Google DeepMind will receive “feedback and guidance from leading artists.” A24 has recently worked with celebrities such as Timothée Chalamet and Anne Hathaway…
Dilara Irem Sankar | Anadolu | Getty ImagesMetaThe longtime WhatsApp leader is stepping down and will be replaced by the founder of Indian fintech startup Cred, the company announced on Monday.After more than seven years as head of the WhatsApp messaging service, Will Cathcart will transition to another role at Meta, where he will “build new products from the ground up,” Meta CEO Mark Zuckerberg wrote in a Facebook post.”I’m excited to continue working closely together,” Zuckerberg said.A Mehta spokesperson declined to comment on the details of Cathcart’s new role. In a post on X, Cathcart wrote that WhatsApp was…
Guthrie’s mother was right. The journalist met Feldman at his 40th birthday party in 2008 after she split from her first husband, Mark Orchard.”He walked me to the door, didn’t even stay very long, and then a few days later he texted me,” Guthrie said on The Kelly Clarkson Show in 2025. Soon after, the two began dating. Five years later, the couple got engaged in the Turks and Caicos Islands. However, Guthrie actually broke up with him the same day Feldman popped the question.She was tired of waiting for a proposal, “I really didn’t think it would happen,” she…
The wealth management industry is in the midst of fundamental change as more companies move up the wealth ladder to serve the wealthiest individuals and their families. Experts say technology, competition and industry consolidation are putting pressure on fees and profitability. At the same time, data shows that the population and wealth of ultra-high-net-worth investors is rapidly increasing. To survive and grow, more and more wealth management companies are chasing the burgeoning number of ultra-rich individuals and their lucrative accounts.CNBC’s 2026 inaugural Elite Advisors list recognizes 25 firms with extensive experience helping the most affluent investors with their complex financial…