Investment Advisor-June 2008

Issue Gallery ›

  • Asset Allocation, June 2008

    Staff Writer

    To learn this month's recommended asset allocations of Investment Advisor's panel of distinguished economists and money managers, click here.

  • Catching up with...Deb McWhinney

    James J. Green

    After nearly a year's absence from the RIA community she knows--and loves--so well, former Schwab Institutional president Debbie McWhinney has resurfaced, landing a high-profile position...

  • Upgrades

    Staff Writer

    FundQuest launched nine mutual funds as part of its new ActivePassive Funds family, which offers four U.S. equity funds, two U.S. bond funds, and three...

  • D.B. Root & Company

    Staff Writer

    436 Seventh Avenue Pittsburgh, Pennsylvania 15219 Telephone: 412-227-2800 Year firm founded: 1994 Number of planners: Six (all CFPs) Number of clients: 350 households Assets under management: $950 million Compensation: Fee-based Broker/dealer: Commonwealth Financial David...

  • The B/D Custodian

    James J. Green

    As the broker/dealer industry moves, seemingly inexorably, to the fee side of the business, one specific independent B/D--LPL Financial--has taken what might be considered the...

  • ICI's Retirement Numbers

    Melanie Waddell

    The government and policymakers must work together if the 401(k) plan is going to remain the dominant private-sector device for retirement savings, said Paul Schott...

  • It Can Be Easy Being Green

    Staff Writer

    Despite what kermit the Frog sings, it's not so tough being green. Below is a list of some small and relatively painless steps that you...

  • NEWS & PRODUCTS, JUNE 2008

    Staff Writer

    A $5 million fine imposed against American Fund Distributors (AFD) for directed brokerage in 2006 stands, according to a ruling issued by the National Adjudicatory...

  • Pinning Down Prices

    Savita Iyer-Ahrestani, Savita Iyer-Ahrestani

    It seems almost providential that at a time when financial market gyrations have been keeping broker/dealers on their toes that Nasdaq should come out with...

  • Needed: Young Talent

    Staff Writer

    A new study by Cerulli Associates is confirming the troublesome trend that fewer young folks are choosing to be financial advisors, and the industry is...

  • NEWS & PRODUCTS, JUNE 2008

    Staff Writer

    The Treasury Department and the Internal Revenue Service issued proposed regulations April 11 under section 430 of the Internal Revenue Code that provide employers sponsoring...

  • Emphasizing Quality Over Quantity

    Elizabeth D. Festa

    Laurie Hasso has changed her way of doing business since 1985, and not just in moving the financial planning firm she owns with her husband,...

  • The Cost Issue

    Staff Writer

    When you're talking to a prospective client who is balking at the cost of your services, it's probably because they don't perceive enough value. I'm...

  • Two-Way Street

    James J. Green

    So I'm a slow learner. My education on independent broker/dealers began in the first week of January 1999 at a hole-in-the-wall, but very good, Malaysian...

  • What's In A Name?

    Staff Writer

    Since Dave Root and Carrie Kuntz are partners it might seem strange that the firm is called D.B. Root & Company, and not Root &...

  • Read the Fine Print

    Staff Writer

    Just as it's wise to read prospectuses before investing, be sure to read loan contracts in detail before you transfer, because some firms structure transition...

  • Don't Do It

    Staff Writer

    While the use of sophisticated software and instituting standard policies and procedures are necessary to ensure security in your firm, the most powerful tool may...

  • Malicious Software That Won't Go Away

    Staff Writer

    While the cost of being the victim of malicious software, or malware, such as the many variants of Storm, is significant, it doesn't end with...

  • Successfully Saving

    Kara P. Stapleton

    As the level of responsibility an individual has in saving for retirement increases, combined with a boost in longevity, especially for the well off, and...

  • About Those Resignations

    Staff Writer

    Last month in this space, we ran the letter of resignation submitted to the CFP Board by the certificant members of the Board's Disciplinary and...

  • Best World Bond Funds

    Staff Writer

    You've heard it said dozens of times: Foreign assets pay off particularly well during times of a declining dollar. This is true not only about...

  • Involved Pentamillionaires

    Kara P. Stapleton

    The number of American millionaire households reached almost six million in 2007, according to Spectrem Group 's recent study, The Millionaire Investor, which is based...

  • Risky Business

    Staff Writer

    Time is money, certainly in the U.S. stock market. In fact, in just a matter of years, the time it takes to process orders has...

  • Six Steps

    Staff Writer

    Mark Colgan, an advisor in Rochester, New York, and president of Eastside Financial Education, lost his wife when she was just 28 years old. It...

  • Behind the Numbers with Sam Stovall

    Staff Writer

    During a Webinar in late April, Sam Stovall, S&P's chief economic strategist, discussed the equity market outlook. Stovall believes that from economic, fundamental, technical, and...

  • FPA Focuses on Future

    Bob Keane

    "Building relationships and exploring possibilities," is how Mark Johannessen described his agenda as FPA president on a recent visit to the Investment Advisor offices in...

  • Heating Up the Discussion

    Staff Writer

    While industry trade groups are opposed to the mandatory disclosure requirements of the National Association of Insurance Commissioners' (NAIC) Climate Risk Disclosure Proposal, groups such...

  • Dealing With an Inveterate Liar

    Staff Writer

    Thankfully, there aren't many people in our midst who are able to act dishonestly and destructively without guilt or remorse. Research on these truly disturbed...

  • Blue Chips

    Angie Herbers

    In my last two columns, I wrote about how bear stock markets ironically provide the highest growth rates for many advisory practices, and I suggested...

  • (Re)Opened for Business

    Savita Iyer-Ahrestani, Savita Iyer-Ahrestani

    In last year's annual letter to their shareholders, the managers of Dodge & Cox Stock's $54.6 billion stock fund wrote that outperforming the S&P 500...

  • A Long, Hot Regulatory Summer

    Melanie Waddell

    Get ready for a number of regulatory changes to hit home this summer. The SEC is set to release proposed rules soon regarding credit ratings...

  • Truth and Consequence

    Mark Tibergien

    Amid the hubbub over the potential for more regulation of the financial services industry arises an important question: whose interests are being served? The libertarian...

  • Pants on Fire

    Olivia Mellan

    The news is full of senior government officials involved in sex scandals, highly paid CEOs charged with options backdating, reputable writers and journalists caught in...

  • After-Death Experiences

    Lewis Schiff

    While the death of the person to whom you've been married is enough of an emotional challenge in itself, many wealthy widows in particular discover...

  • Lessons Learned

    Mike Patton

    Much of my first nine months on the Road to Independence was spent creating infrastructure, determining marketing strategy, making adjustments, and adapting to a new...

  • Retirement Planning at Envestnet

    Melanie Waddell

    Mike Henkel, former president of Ibbotson Associates, was recently tapped to be the managing director of Envestnet Asset Management's newly established Retirement Services Group. A...

  • Turning the Tables

    Bob Clark, Bob Clark

    I've always had a nerdy fascination with financial products: what they're "made" of, how they're structured, and (my favorite) where the various fees and expenses...

  • Just Ask Them

    Staff Writer

    Advisors around the country complain about prospecting. There are no two ways about it, it can leave you feeling helpless, broke, and depressed, but there...

  • Power of the Platform

    Kara P. Stapleton

    Schwab, Fidelity, and Pershing have a new competitor, now that LPL Financial has taken what many consider to be the next logical step as the...

  • Independents' Optimism

    Kate McBride

    Since the leaders of the Investment Advisor Broker/Dealers of the Year last met with the IA editorial team for an intense roundtable, in August 2007,...

  • The Presidents Speak

    Kate McBride

    In each of the past 15 years, Investment Advisor has asked independent broker/dealers to provide information for the IA Broker/Dealer Directory, and last year started...

  • A Perfect Combination

    Bob Keane

    The first Earth Day in 1970 made a deep and lasting impression on me, as I'm sure it did on the other 20 million Americans...

  • Transfer Time

    Jonathan Henschen, CFS

    For advisors pondering a move from a wirehouse to an independent broker/dealer with visions of large, forgivable transition loans dancing in their heads, it's time...

  • Telling All?

    Marlene Y. Satter

    Now that climate change seems to be on everyone's lips, the talk in the insurance industry is getting hot about disclosure. The fallout from trying to...

  • Nine Acting as One

    Staff Writer

    The physical proximity of a nine-member Investment Policy Committee that has worked together for decades is the cornerstone of Dodge & Cox Stock's success; all...

  • From a Small B/D, Regulatory and Risk Concerns

    Staff Writer

    Broker/Dealer Advisory Board member Nick Sondel, president and CEO of Harbour Investments, in Madison, Wisconsin, and Broker/Dealer of the Year winner in Division I (up...

  • Changes

    Staff Writer

    Jeff Montgomery will be joining Al Frank Asset Management as CEO effective May 1. He was formerly CEO of the broker/dealer National Financial Partners Securities,...

  • How Honest Are You?

    Staff Writer

    Mark Tibergien (CEO of Pershing Advisor Solutions and a fellow IA columnist) has devised a terrific list of questions you can ask yourself to clarify...

  • Group Think

    Staff Writer

    Charles Schwab announced that Danielle Winchester, a doctoral student in the Personal Financial Planning Division at Texas Tech University, has been named the inaugural Schwab...

  • Planning for Those in Real Need

    Staff Writer

    Millions of people who need sound financial advice cannot afford it, and may not know where to go even if they could pay. Those are...

  • On a Mission

    Melanie Waddell

    Kevin Keller celebrated his first year as CEO of the CFP Board of Standards on May 1, 2008. During Keller's first year on the job,...

  • Fishing Where the Fish Are

    Staff Writer

    Here are a few suggestions for making your firm as attractive as possible to job-hunting young pros looking for greener--and saner--pastures: Don't enter a bidding war....

  • The Power of Two

    Bob Keane

    If the future of the advisory business--and the future of the independent broker/dealer industry--is all tied up with efficiently providing customized wealth management services through...

  • Security in a New Age

    Staff Writer

    As Americans have moved online over the last decade, many people have experienced some kind of online criminal activity. Online criminals are now highly organized,...

  • The New Model: The Fee-Only Broker/Dealer

    Philip Palaveev

    There is one overriding question for broker/dealers today: Who needs one, and why? After all, RIAs are prospering quite nicely without having to use the...

ThinkAdvisor Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.