Investment Advisor July 2005

Features

  • Les Liaisons Dangereuses

    Several years ago, a friend of mine objected to higher-ups about an ongoing affair at his company between a senior executive and a lower-level employee. The...

  • Navigation Aids

    Separately managed accounts were dreamed up years ago at a wirehouse--E.F. Hutton--and to this day they remain a key weapon in the arsenal of the...

  • Family Planning

    Faith and family are the cornerstones of Paul Hixson's life and, by extension, the financial planning profession. The family part is easy to see, since...

  • At Your Service

    If Jonathan Blattmachr had his way, there would be plenty more trusts in this country. That's not just because Blattmachr, an attorney with Millbank Tweed...

  • Forces of Nature

    Can a global resources fund be right for some of your clients? While the mere mention of digging for oil, copper, coal, or gold makes...

Beginnings

  • FPA: The Next Generation

    In your article "A Full Plate for the FPA" (June 2005), you indicated that the establishment of NexGen is a major reason why the FPA...

  • Are Mutual Funds or ETFs Best?

    What's not to like about exchange traded funds (ETFs)? These nifty investments trade like stocks, are based on the most popular market indexes around, and...

  • The Prospects for Convertible Arb

    Two fundamentally opposed views on hedge fund performance are going head-to-head. According to one, convertible arbitrage is a hedge fund strategy that is a victim...

  • Energy Funds Power Upwards

    Recent energy prices have spurred more than just conversation--in the last year, mutual funds focused on energy stocks have soared an average 38%. Moreover, energy...

  • Step Up to the Plate

    Political pundits are wringing their hands these days about blue states and red, about the yawning partisan chasm that has opened up in this country....

Columns

Conclusions

Sidebar Stories

  • Defining Behavioral Finance Terms

    Anchoring. The tendency of investors to become attached to a specific price as the fair value of a holding. Attachment bias. Holding onto an investment for...

  • To Learn More About Behavioral Finance . . .

    BOOKS Advances in Behavioral Finance by Richard Thaler (Russell Sage Foundation, 1993) Against the Gods: The Remarkable Story of Risk by Peter L. Bernstein (John Wiley & Sons, 1996) Choices, Values,...

  • If You Have an Intimate Relationship . . .

    with a client . . . DO: Be open to evaluating its effect on your work performance Be sensitive to its impact on your relationships...

  • Ken Fisher--the $25 Billion Man--May Buy Advisor Practices

    When Investment Advisor last spoke with Ken Fisher two years ago ("Straight Talk From Ken Fisher," September 2003), Fisher Investments boasted $15 billion in assets...

  • Paul Hixson

    Financial Management Professionals 4841 Ihles Road Lake Charles, Louisiana 70605 337-433-4334 www.fmprofessionals.com Year Practice Began: 1987 Number of advisors in firm: 7 Number of clients: 500 (approximately) Compensation method: fee-only Fee for managing assets:...

  • Behind the Numbers,with Sam Stovall

    "Just when I thought it was safe to become defensive, the economy takes off," jokes S & P's chief investment strategist, noting that based on...

  • Looking Back

    Robert F. Keane's cover story this month explores how the science of behavioral finance can be applied to investment advice. In the November 1999 cover...

  • About The Manager

    As Chairman, CEO, and CIO of U.S. Global Investors, Inc., Frank E. Holmes manages $2.2 billion in assets in 13 no-load funds in the U.S....