Investment Advisor May 2006

Features

  • Good Enough Isn't

    As our clients age and continue on their journey in life, they create new issues that can have a material impact on the typical wealth...

  • Service, Service, Service

    Many people today do their own Internet research to find the best deals on travel, cars, real estate, and, yes, even financial advice. When it...

  • When Smaller Equals Better

    Over the long term, small-cap stocks have outperformed other investments. According to Ibbotson Associates, the hypothetical value of $1 invested at year-end 1925 in small...

Beginnings

  • We're All Getting Older

    Thanks for Olivia Mellan's article, "Retiring Minds" (The Psychology of Advice, cover story, March 2006). I turned 55 this month--also noticed a lot of dyslexic-type...

  • The Search for Portable Returns

    Portable alpha is the more widely known--and sought--form of investment returns, but endowments, which tend to be in the vanguard of developing investment trends, have...

  • A Renaissance in Europe

    European stock markets are enjoying a rejuvenation as strong corporate profit growth has led to a wave of merger & acquisition activity. The MSCI Europe...

  • Growing by Design

    At 39, Scott Hanson is one of our youngest Leaders, yet he speaks with a wisdom beyond his years and exhibits a media and marketing...

  • Breaking Away

    For brokers, a successful transition to independence is contingent upon taking that decisive, entrepreneurial leap--a giant step away from the comforts of compliance departments, tech...

  • Catching up with...

    Milton Ezrati, senior economic and marketing strategist with Lord Abbet, has been getting interesting inquiries from investors and financial professionals as of late. They've been...

  • Numerology

    Nearly 60% of American millionaire households get investment advice from a professional advisor and more than half of these households have become more conservative in...

  • Group Think

    On March 29, NASD Executive VP of Regulatory Policy and Oversight Elisse Walter testified before the Senate Committee on Aging regarding investment fraud targeting the...

  • Changes

    Lynn Hopewell, the distinguished financial planning pioneer and former chairman of The Monitor Group in Fairfax, Virginia, who had a fascinating life and career within...

  • Upgrades

    Standard & Poor's launched the S&P Completion Index, which covers more than 4,300 mid-, small-, and micro-cap companies. Additionally, it launched the S&P Total Market...

  • ASSET ALLOCATION

    To learn this month's recommended asset allocations of Investment Advisor's panel of distinguished economists and money managers, click here

  • Renewal

    The mark of a healthy organism is the ability to grow--to evolve over time, adapting to changes in itself and in the environment in which...

Columns

  • Fear Factor

    What's the buzz at almost every industry conference these days? People and compliance. Neither is discussed with much fondness, since both subjects are raising the...

  • A Planner's Planner

    The best thing about covering financial planning is the planners themselves: the vast majority of planners I've met over the years have been smart, service-oriented,...

  • Profiting by Behavior

    Competition for affluent clients is fiercer than ever. To attract their attention, you need to stand out from the crowd. You must have better insights...

  • SOX and You

    Are you up to speed on Sarbanes-Oxley? That's the law Congress put in place after Wall Street was rocked by the corporate scandals at Enron...

  • Toxic Friends

    Friends are supposed to have your best interests at heart. But how many times has a buddy, colleague, or life partner led you merrily down...

  • Ulterior Motives

    The majority of the consulting I do involves working with pioneer planners who are twice my age. My job is to help them understand the...

Conclusions

  • Pension Reform Bill Near?

    Lawmakers failed to unveil the much-anticipated compromise bill on pension reform before leaving for spring break in mid-April, which means the unveiling of a final...

  • Behind the Numbers

    Ask your clients if they're financially prepared for retirement and you'll receive a variety of answers. Too often, however, many of your clients earnestly believe...

  • News & Products

    CCA Small Business Group, the Chicago-based provider of retirement plans and services for sole proprietors and small businesses, recently launched a new version of its...

  • Pick Three

    It's not easy to change your broker/dealer. When readers cast their ballot for the magazine's annual Broker/Dealers of the Year honors (voting in June; results...

  • News & Products

    Fines, Complaints, Mergers The NASD fined American General Securities Inc., a member company of AIG, more than $1.1 million for violations of NASD's Anti-Reciprocal Rule. NASD...

  • The Whole Picture

    Beyond helping clients grow their assets, advisors need to know what's available to protect their clients' financial security and quality of life. To that end,...

  • Reading Your Dials

    Over the years, a curious coincidence has emerged when Investment Advisor profiles successful advisors in its pages--many of those advisors appear to have at least...

  • Quite a Gift

    Lenox Advisors is a multi-office family office based in New York whose advisors act as "personal CFOs" to a roster of high-net-worth clients, 60% to...

  • Protect Yourself

    For me, identity theft always happened to the "other guy," though when it did, it was devastating to watch. That is, until it happened to...

Sidebar Stories

  • Thomas A. Orecchio

    Owner and Executive Vice President Greenbaum and Orecchio, Inc. 1 DeWolf Road Old Tappan, NJ 07675-7015 Phone: (201) 768-4600 Fax: (201) 768-1111 TomO@FeeOnlyWealthManagement.com www.FeeOnlyWealthManagement.com Year firm started: 1983 Year joined firm: 1995 Number of advisors...

  • In His Own Words

    How does Greenbaum and Orecchio handle new clients? Tom Orecchio walks us through a client's first year, in his own words. "The first thing we do...

  • Why Would Your Employees Leave?

    Moss-Adams's research over the past five years revealed these findings on employee retention: Of employees leaving advisory firms, 8% were terminated for cause. Another...

  • Still Timely

    Lynn Hopewell wrote simply but effectively, and many of his words are as powerful today as they were when first written. Following is an excerpt...

  • Getting Educated on SOX

    The Act is on Competence Software's site: www.sarbanesoxleysimplified.com For an online forum on SOX, www.sarbanes-oxley-forum.com The SEC has FAQs about SOX at www.sec.gov/spotlight/sarbanes-oxley.htm A "vendor neutral" site...

  • Coming Together

    Many major organizations around the country are creating Next Generation groups. They all have one common theme: to educate the next generation and give them...

  • It's Always Time for ID Theft

    Tax season may be over, but that doesn't mean your clients shouldn't still be worried about their returns: the IRS is warning consumers that they...

  • What is the IA Leaders' Council?

    The Council comprises accomplished advisors who have agreed to share their insights with Investment Advisor readers over the coming year and help guide the editorial...

  • Behind the Numbers, with Mark Keller

    The chief investment officer of A.G. Edwards has moved a bit towards the defensive side by increasing assets allocated to bonds for the first time...

  • The Cost of Compliance

    The securities industry spent about $25 billion on compliance in 2005, up from $13 billion in 2003, while firms spent an average of 13.1% of...

  • Advisors Consider P/C

    According to an advisor survey conducted late last year by the Chubb Group, a majority of advisors consider property/casualty coverage or risk management in the...