David Armstrong

Managing Editor
Penton Media
Articles by David Armstrong
I Am My Own Contrarian Indicator
Nothing is certain, and lessons in humility await us all. Working for a financial publication, friends and acquaintances have occasion to ask me for stock tips.
The Benefits of Being Fast
Algorithmic-based trading dominates exchanges and scares many traditional investment managers who suspect the machines have an unfair edge. But research suggests while you rarely win trading against a computer, markets overall are better for it.
The Father of Futures
K. Geert Rouwenhorst was among the first to consider commodity futures as an asset class, and his thinking is behind the proliferation of commodity future ETFs. He gave advisors attending the IMCA conference this week a primer on why commodity futures can play a role in an investment portfolio.
Think Locally, Act Globally: Margaret Graff
IN a small village a half an hour off the main road in Nepal is where Margaret Graff came face to face with the horror stories. Young women told her of being taken from their families and forced to work for pennies in brothels and circuses in India.
The Life Aquatic: Dan Altmayer
Dan Altmayer not only helped raise the money to build the Highline Community College Marine Science and Technology Center (MaST), he collected some of the exhibited creatures himself, directly from the briny deep.
Editor's Letter: May 2013

Reputation and Rewards

 

Earlier this month, Securities and Exchange Commissioner Luis Aguilar made a speech to the North American Securities Administrators Association that should strike fear into the hearts of many readers. He supported the NASAA’s proposal to eliminate mandatory arbitrations in conflicts between advisors and clients, and allow clients to sue their advisor in civil court “the same way a patient could sue a doctor for malpractice,” according to an article on Forbes’ website.

VIDEO: Tiburon CEO Summit XXIV - Advisor Partners
Dan Kern, President and Chief Investment Office of Advisor Partners chats with WealthManagement.com at Tiburon CEO Summit XXIV in New York City, April 9, 2013.
VIDEO: Tiburon CEO Summit XXIV - Envestnet
Jud Bergman, founder and CEO of Envestnet chats with WealthManagement.com at the Tiburon CEO Summit XXIV in New York City, April 9, 2013.
VIDEO: Tiburon CEO Summit XXIV - Advisor Software, Inc.

Neal Ringquist, President of Advisor Software, Inc. chats with WealthManagement.com on how technology is helping advisors attack the mass affluent market at Tiburon CEO Summit XXIV in New York City, April 9, 2013.

Gallery- On the Road With WealthManagement.com: Highlights from FSI and TDAI Conferences
WealthManagement.com was at both the FSI OneVoice 2013 conference for broker-dealers as well as TDAI's annual conference for advisors in San Diego recently. Click through for snapshots of news, events and observations.
The Advisor of the Future
Brett King, author of Bank 2.0 and founder of Movenbank, delivers the FSI OneVoice 2013 keynote address on why the current advisory model is doomed.
Live from San Francisco: Tiburon’s 23rd CEO Summit
Chip Roame’s opening remarks at Tiburon’s CEO summit focused on baby boomers and the trust gap between consumers and financial service firms.
VIDEO: Bradley P Hinton, Weitz Funds

Weitz Funds director of research Bradley Hinton on why he likes Hewlett Packard, Aon Corp. and Valeant Pharmaceuticals.

VIDEO: James Hunt, Tocqueville Asset Management L.P.

The manager of the Tocqueville International Value Fund on seizing opportunities in Europe's economic malaise and why Japanese companies are attractive for long-term investors.

Latest Forums Topics

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Ed Jones to Wells Bank Channel (WBS)

I'm at EJ now in my 3rd year.  I'm in a difficult market for EJ and I'm a true scratch starter.  I'm above expectations, but getting tired of hunting money.  I'm considering going to work at Wells Fargo, who has a huge presence in my town.  The postion would be a bank advisor (WBS) and to me this sounds like a "piece of cake" after being at EJ.  Am I clueless or is the grass really greener?  If you're at WF or at another bank, please give me your thoughts. ...More

New Company set up

Hello, I am currently in the process of setting up my own FA firm. Actually it is a financial service firm including bookkeeping and budgeting services with financial planning as well. My business model is to be a flat fee to review portfolios, make suggestions & assist client with paperwork etc . I do not want to actually manage the investments which I feel allows me to recommend low expense products such as index funds etc.. My clientele will be the small accounts that every other FA would not want....More
The Most 'Liked' Brokerage in the U.S.


Check out which firms are the most (and least) popular on Facebook.



Most Recent Blogs & Columns
Jun. 18, 2013
blog

Not So Fast: Congressional Letter Could Put a Kink in DOL’s Proposal

Thirty-two members of Congress from minority caucuses have sent a letter to the Department of Labor, arguing that the agency's fiduciary proposal could disadvantage their constituents and limit minority access to financial advisors....More
Jun. 18, 2013
Commentary

Death of the Small Broker-Dealer   1

Over the past decade, a tremendous amount of pressure has been laid on the shoulders of the small broker-dealers of the securities industry. Like the iconic Willy Loman in Arthur Miller’s Death of a Salesman, these small and/or independent brokerages are allotted a significantly shorter leash than they have been in years past......More

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