Wealth Manager Web September 2007

Cover Story

  • Different Strokes

    Conventional wisdom decrees that the preferred business model for wealth managers is to operate as an independent registered investment advisor without any broker/dealer ties. Indeed,...

  • Banking on Loans

    These are flush days for bank-loan funds, which hold below-investment-grade debt. With private-equity groups borrowing heavily, fund managers can pick and choose what they will...

  • A Question of Timing

    The world is brimming with Betas. the U.S.-listed catalog of index funds now totals more than 800, available in three basic design wrappers: mutual funds,...

  • Decisions, Decisions

    Asset allocation is a cornerstone of strategic portfolio design, but is its value diminished if everything is running higher? There's reason to wonder after a lengthy...

  • The Suite Spot

    The most important question I ask software vendors who demo their products for me is, "what does it work with?" I haven't seen any package...

  • My Son, the CFP

    "My grandson, the future wealth advisor..." Have you ever heard that phrase as a grandmother struts with pride around the beauty salon showing off photos...

  • Address Unknown

    It would seem that people from high-tax states like New York, New Jersey and Massachusetts could cut their tax burden dramatically by moving permanently to...

  • No-Hassle Hedging

    Are hedge funds an investment style or a type of account? Mutual fund manager Lee W. Schultheis resolves the question by bringing hedge fund strategies...

  • A Day at the Races

    When financial advisors discuss how they've helped clients "reach the winner's circle" or "cross the finish line," they're usually referring to how their long-term planning...

  • Is Volatility Back?

    Repetition can be comforting at times, as in your morning routine: Shave. Shower. Dress. Try to make it until the coffee kicks in. But repetition...

  • The $64 Trillion Question

    A national debt, Alexander Hamilton advised a young republic struggling with finances, will be a "national blessing." By that standard, the United States is free...

  • The Visionary Advisor

    Rick Kent's "aha" moment came about six years ago, when he was working throughout the ranks of an 18,000- employee Fortune 100 company, helping people...

  • Virtually Complete

    When financial advisor Frank Surette, ChFC, received effusive phone calls from two of his top clients thanking him for the anniversary cards they had received,...

  • Reinventing Lebenthal

    Alexandra Lebenthal is as excited as she is frustrated: "This is an entrepreneurial oxymoron!" she exclaims. "The Lebenthal name in a startup company! I feel...

  • MPT Revisited

    Is modern portfolio theory relevant to the new dynamics of retirement? Detractors and proponents are arguing the soundness of slavishly adhering to MPT once a...

  • Taming the AMT?

    The expanding reach of the alternative minimum tax has the media buzzing and taxpayers troubled. As a result of the AMT's growing reach and uncertainty...

  • Post-Ruling Spin

    It's mid-July as I write this, and it's pretty clear to me that almost no one outside of the Financial Planning Association believed the FPA...