Investment Advisor April 2005

Cover Story

  • In the Pipeline

    For advisors, one of the most ballyhooed promises of the dot-com era has failed to materialize--account aggregation has not made significant headway. If you remember...

  • All Wrapped Up

    As a broker at the largest wirehouse on Wall Street, life was fairly easy. My only stress and my single focus was to make enough...

Features

  • Bountiful Harvest

    For some advisors, the stock market's two-year winning streak has revived confidence in equities. But any such complacency may be misplaced, and while bonds have...

  • Russian Roulette

    Russia is a vast and complicated land. It's where Europe and Asia meet, but it's also a symbolic nexus of old and new, of communism...

  • Special People

    In recent years, as more developmentally disabled individuals have been deinstitutionalized and become active residents in local communities, estate planning for parents of these individuals...

  • Hand in Hand

    If investment advisors are the quarterbacks of their clients' financial planning squad, accountants are often important skill players on that team, performing essential duties that...

  • Riding the Wave

    The registered investment advisor marketplace has rebounded in recent years, with advisors building assets under management and revenues returning to pre-dot-com-crash levels. Yet new and...

  • Together but Separate

    In its most unromantic sense, a legal marriage is the creation of an economic unit, and there are over 1,100 federal rights and responsibilities that...

Beginnings

  • More Notes from the Gen Wars

    "The Great Divide" (February 2005) made strong assertions about the current state of financial planning. I am a 22-year-old newly-minted fee-only financial planner and while...

  • Pay Off That Mortgage, or Not?

    Aptly called the American Dream, home ownership is being enjoyed in ever-increasing numbers. A combination of low interest rates and a long boom in real...

  • How GM and CTA Strategies Play Out

    Last month, we examined some of the characteristic differences between global macro (GM) and managed futures programs offered by commodities trading advisors (CTAs): two directional-biased...

  • Going Hybrid, Gaining Flexibility

    Flexible hybrid funds are a special class of balanced funds that have the leeway to invest in a range of securities, including commodities, real estate,...

  • Investing in the American Dream

    My uncle, a dyed-in-the-wool apartment-renting Brooklynite, was arguing with my parents, suggesting they were fools for having bought a house and paying all that money...

Columns

Conclusions

Sidebar Stories

  • What's the SEC spending?

    One of the more prominent issues these days for RIAs and broker/dealers alike is compliance. Research conducted by the AdvisorBenchmarking unit of Rydex (see page...

  • and Now for Something Completely Different

    When it comes to software for advisors, there always seems to be another company emerging with a new problem-solving piece of software. It's not uncommon...

  • CTA QUESTIONS AND ANSWERS

    What's the minimum investment? Traditional CTAs can start at $50,000 and range up to $5 million. A few are being repackaged into retail versions being...

  • About The Manager

    As John Connor describes it, there have been two basic tracks in his life that led to his current gig running the Third Millennium Russia...

  • Brad Wasserman

    WHLS Financial Advisors, LLC 25505 W. 12 Mile Road, Suite 4200 Southfield, Michigan 48034-8340 Phone: 248-352-8040, ext. 133 Fax: 248-352-4490 Web address: www.whls.com E-mail: bwasserman@whls.com Year practice began: CPA firm in 1970,...

  • Looking back

    Investment Advisor has published an annual planning technology directory since 1997. Below are some excerpts from an article kicking off our tech directory in April...

  • Behind the Numbers, with Stuart schweitzer

    JPMorgan Asset Management's global markets strategist explains his allocations simply. "We remain of the view that stocks will outperform bonds and cash," he says, adding...

  • Savings Initiative

    Senator Craig Thomas (R-WY) and Rep. Sam Johnson (R-TX) introduced legislation last month calling for the adoption of the Bush Administration's savings accounts--Lifetime Savings Accounts...

  • Fidelity Versus Schwab

    Fidelity's advice offerings are not as broad as Charles Schwab's. For instance, Fidelity does not advise on individual stocks. It does offer Lehman Brothers' research,...

  • Satisfaction Guaranteed?

    A recent private-letter ruling issued by the SEC giving advisors the okay to provide certain new clients with a "satisfaction guarantee" is causing quite a...

  • For Your Bookshelf

    Here's my list of the best marketing books (modesty prevents me from mentioning any written by a certain L. Chambers). To order, you can visit...