Tony Davidow has a tough job.
Tony Davidow has a tough job.
Jonathan Henschen, CFS
Over the course of the last year, fraudulent alternative investments have brought down not only small broker-dealers but also midsized firms such as QA3.
Professors Terrance Odean and Henry T.C. Hu have proposed a new kind of annuity; a product offered not by insurers, who can't promise they'll still be around to make payments, but by the federal government.
At press time, the Senate was preparing to vote on competing Democratic and GOP bills to fund the government for the rest of the year.
Few would disagree that the uprisings that ousted the leaders of Tunisia and Egypt have underscored the pressing desire of the people there for democracy, transparency and the right to a more equitable life.
Thomas D. Giachetti
So, how will Dodd-Frank impact your firm? I have set forth below an overview of certain provisions that will impact the vast majority of current and pending…
An advisor recently wrote me to inquire how to best illustrate that the start-up restaurant investment his high-net-worth client was contemplating was a bad idea.
Advisors, institutions and retail investors have had certain notions on the ability to execute an optimal trade based on the perceived liquidity of specific…
If oil prices don’t go above $150 per barrel, it could be a good year, with mid- to high-single-digit growth in the S&P.
Marlene Y. Satter
What if your client’s property/casualty insurer became a partner of sorts, offering the usual advice about risk mitigation and loss prevention?
Talk about trial by fire; Jeff Auld left Berthel Fisher Financial Services to head what was then AIG Financial Advisors in July 2008.
Steve Weydert, CFP, MS
The SEC, like any organization, likes to protect its own turf.
John Haase had a good thing going at Goldman Sachs; a stratospheric rise through company ranks, ultra-high-net worth clients and the respect of his peers. It’s something from which most people would never leave. So why did he?
In an unsettling commentary on the state of our business, financial services tied with tobacco as being among the lowest-regarded of all industries.
The Securities and Exchange Commission’s reputation as a credible regulator may never fully recover from the Bernie Madoff Ponzi scheme.
Extraordinary due diligence and a history of success set 2011s best SMA managers of the year apart from the crowd.
Eliza De Pardo, Dan Inveen
In February 2011, Borders Group, the second-largest bookstore chain in the United States, filed for bankruptcy.
Are there people in your life who just wont agree with youno matter how sound your argument?
Over the past couple of years, retail portfolio management has undergone a self-examination not seen since the mid-1980s.
For a moment in fall 2009, it seemed that the Democratically controlled U.S. House of Representatives and Senate would duel over who could pass a stronger fiduciary standard.
In reflecting back over the advisory practices I’ve worked with, I’ve realized that problem employees clearly fall into two camps.
Years ago, I attended a workshop given by Jean Houston called “The Sacred Wound of Betrayal.”
If asking for referrals is the fastest, least expensive, most effective way to get new clients, why don’t more advisors proactively do it?
It’s wonderful to see so many billionaires pledging to share their wealth with charity.
One of the top concerns for advisory firm owners is growing revenue.
Phone systems have not historically been the most exciting technology available to advisors.
James J. Green
Nixon and China. Johnson and civil rights. Reagan and glasnost. There’s a long tradition of our nation’s leaders taking bold steps to change the national dialogue.