Wealth Manager Web May 2008

Cover Story

  • Never Too Late

    If you have a client who's dragging his feet on estate planning, the good news is that he may have more time than you think....

  • Legacy Issues

    Ben Bernanke just can't get a break. From day one he was saddled with the burden of filling his predecessor's shoes. No mean feat when...

  • Living with Lockups

    In January 2008, Citigroup made a tough decision on CSO Partners--a $500 million fund consisting mainly of leveraged loans, which had lost 11 percent in...

  • There Will Be Oil?

    Sure, it's easy to be an energy bull now--after seven years of rising prices. But it was a lonely job in the late 1990s, when...

  • Clarifying COBRA

    The Consolidated Omnibus Budget Reconciliation Act--better known as COBRA--protects an employee's right to continue healthcare coverage for a certain length of time--usually 18 months--after separation...

  • Divorce Connections

    Ask women in the moneyed suburbs of lower Fairfield County, Conn. who comes to mind as a good financial advisor for someone getting--or soon to...

  • Back to the Future--Again

    It has been five years since veteran investment consultant and celebrated author Peter Bernstein invoked the word "obsolete" to describe the policy portfolio, which encourages...

  • Marketing Redux

    About two weeks ago a lawyer friend of mine contacted me. He wanted to introduce me to the estate planning attorney at his firm. He...

  • Nobody's Perfect

    Making a mistake with a client can fill you with dread like nothing else. CFP Patti Houlihan remembers the horrible feeling that overcame her the...

  • Playing It Safe

    When the markets began tumbling in the fall of 2007, investors were hard pressed to find secure assets. During the 12 months ending in January,...

  • Retirement Revised

    Remember when all retiring clients wanted was security, and all you had to do was convert the majority of investable assets into bonds? The assumption...

  • The Hidden Obstacles

    As advisors, we're keenly aware of the challenges of retirement planning and portfolio management--longevity, inflation, market uncertainty and sequence of investment returns. But as we...

  • Thicker Than Water

    Shakespeare's King Lear was hardly the only father to bemoan the existence of a "thankless child." Consider the case of the client we'll call "Joe...

  • Rearview Mirror Investing

    Every ETF follows either an established index or, with increasing frequency, a newfangled one. In fact, of the 482 publicly traded U.S. equity ETFs, 39...

  • The Power of Purpose

    Do you know what your life purpose is? Oddly enough, most people don't; in fact, it's pretty rare to find someone who does. That's why...