Wealth Manager Web March 2009

Cover Story

  • To The Editor March 2009

    When Lehman Brothers filed for bankruptcy in September of 2008, the Reserve Primary Money Market fund announced that its price per share had dropped below...

  • Wired for Trouble

    Technology that does more harm than good is a familiar sci-fi theme. For people who can afford the best, however, truth often proves scarier than...

  • Presidential Promises

    Tax-code changes have averaged one-per-day over the past eight years--with 500 changes in 2008 alone, National Taxpayer Advocate Nina Olson announced in her annual report...

  • To Your Health

    During 2008, health funds lost 23.3%, according to Morningstar. While shareholders may have seen little reason to cheer, the group did outdo the S&P 500...

  • The Curious Case of Falling Bond Yields

    The bear case for the dollar and 30-year government bonds is pretty easy to make: As deficits grow, and the U.S. continues to borrow heavily...

  • ETF Trendsetter

    Global Trends Investments' entrepreneurial investment approach appeals to business owners who make up the bulk of its high-net-worth client base, according to the firm's founder...

  • Face Value

    here is plenty of blame to go around for the financial meltdown of 2008. Culprits range from dozy regulators to feckless investors to consumers who...

  • Treasury Strategy

    Some market participants are concerned that as global financial markets normalize, investors will abandon low-yielding Treasuries in favor of more attractive options. Since most bond...

  • Unintended Consequences

    Today's tax law changes, volatile markets and low interest rates may unleash something that your client is not ready for--the law of unintended consequences. As...

  • Supporting the CSA

    The position of client service administrator (CSA) has not only become pervasive throughout the wealth management industry, but has also become the backbone of many...

  • Bad Times, Good Timing

    Trust: Clients seek it; you've earned it. But in the post-Madoff era, even established registered investment advisors are tainted by the public skepticism born first...

  • Happy New Year?

    Portfolio managers, advisors and investors alike were relieved to close the book on 2008 and look forward to a hopefully better 2009. Unfortunately, the impact...

  • If the Shoe No Longer Fits

    While investors and retirement accounts have felt the pain of the past year's massive stock market losses, non-profits have experienced a perfect storm with depreciating...

  • Timing May Not Be Everything

    For the past few months, I've expressed how current market conditions, combined with certain estate and tax planning strategies, can produce remarkable results. Depressed asset...