Investment Advisor October 2005

Features

  • The Wisdom of the Crowd

    In the past five years, financial services practice values have moved steadily upward in the open market to well over two times gross revenues. Is...

  • Gender Focus

    Since January of this year, when Lawrence Summers, president of Harvard University, declared in a speech that women may be genetically less capable in mathematics...

  • No "I" in Team

    In talking to Cheryl Holland about the Abacus Planning Group, her Columbia, South Carolina-based firm, perhaps the most striking thing is how little she uses...

  • Privileged Membership

    Perhaps this year more than most in recent memory, current events underscore the fact that membership in a professional association can help an advisor develop...

Beginnings

  • Get Off It, Already

    I believe it is time for the FPA to drop this issue regarding the Merrill Rule, trying to disallow brokers from calling themselves financial advisors...

  • Large Cap or Small?

    When it comes to stocks, size matters. Since 1999, the small-cap Russell 2000 index returned nearly 60%, while its large-cap counterpart--the Russell 1000--has managed only...

  • Portable Alpha Investing

    Institutions seeking better risk-adjusted returns are increasingly employing a portable alpha approach, in some cases using this method to invest with multistrategy hedge fund managers...

  • Financials Come in All Flavors

    Financial services stocks have bloomed under a benign climate of historically low interest rates the past few years. Now that the Federal Reserve is committed...

  • Catching Up With . . . Kathleen Camilli

    Just before Hurricane Katrina struck a glancing category 1 blow at south Florida and then roared through the Gulf of Mexico to devastate Louisiana and...

  • The Local Solution

    Tip O'Neill said all politics is local. The corollary for financial planners and investment advisors--at least for those who are independent and independent minded--is that...

Columns

  • THE GLUCK REPORT, Part I: Enter the Giant

    In what could emerge as a pivotal development in the evolution of the independent advisor segment of the financial services industry, Intuit is launching a...

  • THE GLUCK REPORT, Part II: Happy Ending for IDS?

    Integrated Decision Systems, the portfolio management software company that lost its venture-capital funding after it was selected as the centerpiece for Fidelity's new integrated technology...

  • How Bleak Is Your Future?

    While I personally find it impossible to predict future events with much accuracy, I'm often intrigued by how others see the stars aligning. Should I...

  • After the Flood

    Bob Reed considers himself one of the lucky ones. When Hurricane Katrina took its unexpected final turn toward the Gulf Coast, the Covington, Louisiana, financial...

  • Welcome to the Family

    Becoming a wealth manager. It's an issue that more and more independent advisors are grappling with these days as industry consultants continue to warn them...

  • Family Feud

    When Rupert Murdoch's oldest son recently left News Corp., where he was being groomed to succeed his father, it was a reminder of the powerful...

Conclusions

  • What's Old Is New

    There was a time when defined benefit (DB) pension plans were the only retirement game in town. Employers took responsibility for setting up the plans,...

  • Tax Resources on the Internet

    For many advisors, especially those who are not accountants by trade or education, the federal tax code with its constant updates and private letter rulings...

  • Giving With Head as Well as Heart

    At a time when Americans are being asked to give generously and then give again to help rebuild the lives of displaced evacuees of Hurricane...

Sidebar Stories

  • Speeding Up the Process

    Five years ago, it took over seven months to complete the sale of a financial services practice, from listing to closing. Now, data gathered for...

  • Rules of the Road

    Financial planners can have significant impact on their female clients while building long-term relationships. Knowing your clients well and applying a few simple strategies can...

  • The Right Questions

    In evaluating the new disclosures required of mutual funds, it's wise to ask these questions: Portfolio holdings. Is the portfolio manager adhering to the stated objective? Risk...

  • Cheryl Holland, CFP

    President Abacus Planning Group 3200 Devine Street, Suite 101 Columbia, South Carolina 29205 803-933-0054 www.abacusplanninggroup.com Clients: 130 Clientele: Closely-held business owners; recently divorced or widowed individuals; professionals Compensation method: Fee-only Fee: Combined fee for...

  • Behind the Numbers, with Mark Balasa

    The Alpha Group has the lowest cash allocation of any of our panelists, simply because, according to Mark Balasa, while cash is safe, there are...

  • Boomers Retiring + Smart Advisors = Big Business

    The majority of advisors, 94%, say offering retirement income planning services to clients will provide the biggest boost to their businesses over the next five...

  • Looking Back

    As the great Benjamin Franklin so aptly put it, "In this world nothing is certain but death and taxes." At Investment Advisor, it's pretty certain...

  • A Pioneer Passes Away

    The financial planning pioneer, author, association leader, and mentor Harold W. Gourgues Jr. died of pancreatic cancer on August 18 at age 67; his funeral...