Wealth Manager Web March 2006

Cover Story

  • A PRECARIOUS PERCH?

    The Prudent Man Rule has been deeply grounded in the advisory framework since 1830, and the basic wording of the Investment Advisers Act hasn't changed...

  • OUT OF REACH

    Family limited partnerships (FLPs) are an effective planning technique for reducing gift and estate taxes. Experts insist that while FLPs may have taken some hits...

  • COVER ALL YOUR BASES

    THE WEALTH MANAGEMENT RULES are always changing. But at the end of the day, it's actually more about being in the client-satisfaction industry than the...

  • OVERSEAS RISE

    WHILE U.S. MARKETS CAPTURED THE HEADLINES DURING THE 1990s, foreigners are leading in this decade. For the past four years, the Standard & Poor's 500...

  • DO LARGE CAPS FIT?

    LARGE CAPS ARE HERE TO STAY--THEY'RE JUST LIKELY TO HAVE A slightly smaller presence in the average investment portfolio over the next couple of years. Though...

  • A GOOD PROGNOSIS

    HEALTH CARE FUNDS HAVEN'T BEEN WINNING ANY POPULARITY contests lately. Only $150 million flowed into the category in 2005, on the heels of a $1.45...

  • THE CORE DEBATE

    TO EACH HIS OWN, CICERO WROTE MORE THAN TWO MILLENNIA AGO. A ripe old bit of advice, but no less relevant for wear in the...

  • 20 YEARS LATER

    IN THE ANNUALS OF FINANCIAL RESEARCH, IT IS THE RARE STUDY THAT survives the test of time. "Determinations of Portfolio Performance" is widely considered one...

  • RESTLESS ROTATION

    THE DEBATE OVER ASSET ALLOCATION'S ROLE IN PORTFOLIO RESULTS may be unending, as this month's interview with Gary Brinson suggests (see page 66). But in...

  • TAMING THE WILD WEST

    FOR DECADES, VARIOUS EXECUTIVE COMPENSATION strategies have been as wild and creative as gunslingers and gold miners in 19th century America. But a new sheriff...

  • RULING CLASS

    CAN A DECEASED INVESTOR OPEN AN INDIVIDUAL Retirement Account? The question may seem ludicrous, but the Internal Revenue Service took it seriously when a young...

  • ACROSS THE POND

    "BEING IN CANADA BARELY FEELS LIKE BEING OUT OF THE U.S.," SAY LEAH BROOKS. YET accepting a teaching position at McGill University in Montreal meant...

  • MISSING THE MARK

    HAVE YOU EVER WONDERED why certain things in our industry become generally accepted business practices? Perhaps you've experienced a sense of dismay when you've seen...

  • TIME FLIES

    WHEN I WAS IN COLLEGE, A buddy and I decided to take a road trip during our summer break to see a few games at...