If there is any lesson for advisors in the recent Bear Stearns implosion, it might be this: In times of market crisis it can't hurt to have an exit strategy planned. In fact, I've heard from many advisors at major Wall Street firms that their...
Small-business owners are well aware of today's harsh economic realities. How could they not be? Some companies especially those in real estate and construction are already feeling the pinch of a slowing economy and rising energy and gas costs...
Now that the Baby Boomer generation is retiring in droves, fund companies are focusing on a thorny question: How can retirees obtain reliable income from their investments? Since September, half a dozen companies including Russell, DWS Scudder and...
Warren Buffett has said, I choose to work with every single person that I work with. That ends up being the most important factor. I don't interact with people I don't like or admire. That's the key. It's like marrying. In that spirit, ponder the...
Last month's column discussed why clients with college-bound children should not only permit themselves to borrow money to pay for education expenses, but should even be encouraged by you to do so. Since that time, dozens of education loan...
At one time or another all of us have said or done something that was contrary to our own best interest, damaging to an important relationship or just plain wrong. We kind of knew it at the time, but we went ahead and did it anyway. The question...
For years, regulators have considered altering the 12b-1 fees imposed on mutual funds. But despite hearings and public debate, no new rules have appeared. Now the SEC seems poised to issue a major proposal that would cap 12b-1 fees on C-shares and...
Registered Rep: What attracted you to Fusion? Philip Palaveev: First of all, the fantastic group of advisors Fusion currently has some of whom were my clients at Moss Adams many of whom have become friends. Second, the great partner and friend I...
April's column discussed charitable lead trusts, and why the vehicles might be an optimal solution for wealthy clients who wish to give more money to charity in the near-term and family in the long-term, and less to Uncle Sam forever. But CLTs...
Jim Dario joined Pershing Advisor Solutions from Fidelity Institutional Wealth Services as a Managing Director, responsible for leading business development initiatives. Cambridge Investment Research named Kyle Selberg senior vice president of...
