Investment Advisor March 2006

Features

  • Acting Like He Thinks

    During recent years when large-cap growth funds were eschewed by many investors in favor of small- and mid-cap value, the $836 million Dreyfus Premier Alpha...

  • Old-Fashioned Advice

    On a recent Thursday, advisor Howard Sontag had his first client meeting of the morning with a hedge fund manager and his wife who had...

  • Still Kicking

    Survivorship, or second-to-die, insurance serves a multiplicity of purposes in planning--everything from funding trusts to wealth accumulation--but one of its most popular selling points has...

  • Safety First

    Few prudent drivers would take to the road without having their cars adequately insured, even if it were legally permissible. In these days when a...

  • Allocation Without Borders

    When Ranji Nagaswami spoke at our Wealth Advisor Summit last December about an equities portfolio strategy that produces long-term outperformance along with reduced risk, we...

Beginnings

  • Don't Knock Mutual Funds

    While there was good information in your article "Far From Fossilized", January 2006, the line "....at a much lower cost than is possible with mutual...

  • A Bright Start for '06

    Hedge funds brought in just under $47 billion in new assets in 2005, which combined with investment performance pushed the industry to a record $1.1...

  • World of Plenty

    Investors who put money into emerging markets equities have been rewarded handsomely in recent years. Rich in commodities with an abundance of cheap labor, the...

  • Incentives for Long-Term Care

    A long-term care partnership incentive is now available to consumers in states that have passed enabling legislation, under a new law signed by President Bush...

  • Return of the Broker?

    Full-service brokers are regaining favor among affluent investors, according to the Spectrem Affluent Study 2005. But even as the research showed that more affluent investors...

  • Fast Start for the FSI

    Greeting attendees at the second annual Financial Services Institute's Broker-Dealer Conference on January 23, conference chair Jeff Montgomery noted that FSI "got here as fast...

  • Fidelity's Separates

    Fidelity Investments unveiled a new managed account platform designed to help RIAs save time and expense by streamlining the managed accounts process, and provide them...

  • The Limits of Independence

    All it took was a 30-minute van ride to the airport from the faux (but quite nice) Hawaiian hotel at Universal Studios in Orlando to remind...

Columns

  • Preparing for the Fall

    Are you succeeding at succession? This question increasingly comes up as advisors see each month flip away, and each year change a digit. Recently, an...

  • The Latest Oil Crisis

    Let's start with a couple disclosures. First, having lived through the disastrous economic consequences following the first Arab oil embargo in 1973, and having been...

  • Here, There and Everywhere

    A new study by Moss Adams claims that dual registration--which means advisors who are registered with both the SEC and the NASD, and are collecting...

  • Tax Evasiveness

    It's amazing how many different ways we Americans find to avoidpaying the taxes we owe. Our complicated tax code gives rise to ever-shifting gray areas of...

  • Glory Days

    I've been working with one of my established clients to merge with a much newer firm. The goal is to create more than just two...

Conclusions

  • Retirement.alt

    To help their baby boomer clients generate a decent income stream in retirement, advisors are increasingly investing their clients' self-directed IRAs in alternative assets--everything from...

  • Why We Went RIA

    The increased burden of compliance is troubling many RIAs these days, but there's another side to the story. While we didn't realize it at the...

Sidebar Stories

  • In '07 Budget, Modest Changes in Social Security

    During his State of the Union address in late January, President Bush said he plans to create a bipartisan commission to study the full impact...

  • About The Manager

    As senior managing director and director of systematic equity investments at Bear Stearns Asset Management, James O'Shaughnessy manages $7.1 billion, including sub-management of funds for...

  • Howard Sontag

    Founder/Managing Partner Sontag Advisory 261 Madison Avenue, #14 New York, New York 10016 212-973-1200 Fax: 212-973-1210 hsontag@sontagadvisory.com Year practice began: 1995 Number of advisors: 6 Number of support staff: 20 Clients: more than 350 Client assets:...

  • It Was Time

    After 20 years, one firm decided to buy coverage. From its founding in 1983 until last year, L.J. Altfest & Co., an advisory firm based...

  • The Price of Being Small

    When Lon Dolber opened the doors of his broker/dealer on September 11, 2001, he was as shocked as anyone by the events of the day,...

  • More Money for the Cops

    Under President Bush's 2007 fiscal budget, the SEC's enforcement division as well as the inspections and examinations division would both get more cash. The administration...

  • Accident Ahead?

    Among those who fear that a lack of regulation of hedge funds might be harmful is Bill Donaldson, the former chairman of the Securities and...

  • The Benefits of Big

    Individual RIAs and smaller broker/dealers appear to most keenly feel the burden of compliance, but what of the larger broker/dealers? "We can spread costs across...

  • Behind the Numbers, with Sam Stovall

    It still may not be too late for investors to profit from the energy sector, according to S&P's chief investment strategist, despite its outperformance of...