Investment VIPs
What top-performing investment strategists and portfolio managers are thinking about the latest market trends and how to build high-performing portfolios.
Buffett Puts $5 Billion Into BofA, Draws Criticism
By Janet LevauxBank of America said Thursday that it was selling 50,000 shares of preferred stock with a liquidation value of $100,000 per share and a dividend that pays 6% per year to Berkshire Hathaway.
August 19, 2011
Schwab’s Clark Apologizes, Explains Plan Sponsor ControversyIn an interview with AdvisorOne on Friday, Bernie Clark Executive, Vice President of Schwab Advisor Services, admitted it was a mistake to send a letter sent from Schwab Retirement Plan Sponsor Services directly to plan sponsors without first informing the company's RIA affiliates. Clark explained the communication was sent to...
August 19, 2011
Lyin’, Cheatin’ and Stealin’: Themes of NASAA’s Top Investor TrapsState regulators ask advisors with scruples to help identify unscrupulous con men who become more active as market volatility rises.
August 18, 2011
HighTower Sees ‘Exceptional Addition’ to Firm as Margaret Towle Joins as PartnerMargaret Towle, a Ph.D. with a $ billion clientele, is joining HighTower, the Chicago-based RIA firm led by Elliot Weissbluth, as a partner and managing director from Greycourt.
August 02, 2011
Decisions, Decisions: Too Much Choice Hard for InvestorsAn academic study explores why too much choice is not good for retirement plan investors.
August 01, 2011
E&O ErrorsAs I sit on my return flight to the United States from Italy, it saddens me to report that I was not successful in becoming the securities commissioner of Positano or Venice, the Italians insisting that no such position exists.