Wealth Manager Web April 2009

Cover Story

  • Attracting and Retaining Women: A 21st Century Challenge

    Flexible work arrangements," "on-ramping and relaunching" and a "nonlinear career path" have entered the lexicon of the present day workplace. But these descriptors are more...

  • Uncertain Times

    Last year's market wreckage doubtlessly left most investor portfolios well short of 2008 return targets and many long-term investment plans way behind schedule. Indeed, except...

  • Good Theory,Bad Practice

    In the 1950s, two brilliant young economists, Franco Modigliani and Merton Miller, were asked to create a corporate finance curriculum at Carnegie Institute of Technology...

  • Bonds Versus Bond Funds

    The Barclay iShares Aggregate Bond ETF (AGG) returned 7.9% in 2008, far outpacing the performance of all equity indices. Moreover, this is not a temporary...

  • The ETF Edge

    Bear markets are bad for business. Portfolios decline, pinching fee income. Clients bail, putting further pressure on AUM and fees. And raising fresh assets is,...

  • Small-Cap Dividends

    Some financial advisors have long overweighted small value funds, heeding research by Eugene Fama of the University of Chicago and Kenneth French of Dartmouth. In...

  • Warning Flag

    The WM Interview Robert L. Rodriguez was early to recognize problems in the credit markets, having gone to a "plain vanilla" stance years before the financial...

  • Survival: The Family Way

    Your Partners Survival: The Family Way The family business model is proving to be robust, even during the current economy. A recently released report by Barclays Wealth...

  • Insurer of Last Resort

    When the FDIC takes over a failing bank, it winds up selling off its assets (to see what's available, take a peek at www.fdic.gov/buying/index.html). The...

  • Don't Quit on Me Now

    The higher you climb, the farther you fall. We went as a profession and an industry from the heights of income, valuation and prestige in...

  • Finding the Right Balance

    The global financial crisis of 2008 seemed to leave investors with nowhere to hide. Large cap, small cap and international stocks all declined. Emerging markets...

  • Patching it Up

    Amidst all the partisan squabbling over the size of President Obama's economic stimulus package and the role of tax cuts therein, there was, at least,...

  • 'My Fair Lady' of Means

    "Why can't a woman be more like a man?" That was the question Professor Henry Higgins sang out to audiences in Lerner and Loewe's "My...

  • Losing Your Concentration

    The virtues of diversification continue to be showcased by the volatile markets. Once simply considered an appropriate mix of stocks and bonds based on a...

  • Living the Legacy

    Today's philanthropy is not your father's philanthropy. Just as modern entrepreneurs and wealthy individuals no longer wait for retirement to enjoy the fruits of their...

  • To the Editor

    At the end of his most recent quarterly review, a client was leaving my office. His portfolio, like my own and those of nearly all...