The GRAT
By Mike PattonA GRAT is an irrevocable trust where a grantor makes a one-time transfer of property and retains an income stream payable to him, at least...
November 24, 2008
The Priceless Value We OfferThe end of a year is always a good time to reflect upon the value that we as advisors bring to our clients. 2009 will...
November 19, 2008
Fidelity Names New Head of RIA UnitFidelity Investments on November 19 named Michael Durbin as president of its RIA custody unit
November 19, 2008
Searching for a Custodian, and Questioning DiversificationI am in the final stages of selecting a new custodian and I'm rethinking my long-time belief in diversification. On the custodian front, I have spoken...
November 18, 2008
Schwab Institutional Reorganized; Charles Goldman OutCharles Schwab Corp. said November 17 that it had created a new business unit called Institutional Services
November 10, 2008
Not a Relaxed TimeThere are a lot of things converging all at once. My Web site is officially launched, my new office is under construction and will be...
November 03, 2008
A Week in the LifeThis past week was spent largely on creating a Web site, talking to prospective new custodians, placing a large life insurance policy, servicing my clients,...
November 01, 2008
Gestation QuestionsBefore deciding to launch your own RIA ask youself these three key questions: ? Are you prepared for the financial challenges and personal sacrifices you will...