Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Fund in Focus: Hotchkis & Wiley All Cap Value
By Staff WriterGeorge Davis Jr. and Joseph Huber, managers since January 2003. S&P Rank: Not Ranked Concentrated Fund Goes Anywhere For Value
February 10, 2004
Schwab Repackages Investment ServicesNU Online News Service, Feb. 10, 2004, 1:22 p.m. EST -- The Charles Schwab Corp., San Francisco, is changing the way it markets its ...
February 03, 2004
Unum-Provident To Cut Stake In Argentine UnitNU Online News Service, Feb. 3, 2004, 5:37 p.m. EST -- UnumProvident Corp., Chattanooga, Tenn., is reducing its stake in a property-casualty insurer in ...
February 01, 2004
Table 3: Client ProfitabilityAverage Fee-OnlyFinancial Advisor Fee-Only Advisors with$500 million+ in assets Your Practice Assets/Client $500,000$981,000 Revenues/Client $3,697$6,667 Pretax Profits/Client $1,567$2,143 Source: Tiburon Strategic Advisors Fee-Only...
February 01, 2004
Table 2: Income Statement AveragesAverage Fee-Only Financial Advisor Your Practice Partner Leverage (Employees/Partners)3.4 Revenues/Assets (Return on Assets)74 basis points Pretax Profit Margins38% Source: Tiburon Strategic Advisors Fee-Only...
February 01, 2004
An Invitation From MerrillFor many independent financial planners and investment advisors, Merrill Lynch is the stereotypical wirehouse that exemplifies what's wrong with the financial services business. Like most...
February 01, 2004
Making Your Presentations CountIf you read the premiere Tactical to Practical column last month, you know our charter: fight the big competitors with small-unit tactics. This month, we'll...
January 22, 2004
Schwab Advisory Assets Grow 31%NU Online News Service, Jan. 22, 2004, 11:31 a.m. EST -- The Charles Schwab Corp., San Francisco, says it had good luck selling advisory ...