Over the past few years, our clients' estate and life insurance planning have become far more complicated than they bargained for. Even if clients' personal situations and objectives were relatively static, which is a bold presumption, factors...
We misidentified author Kimberly Clouse's picture in the August issue. But Clouse got it right when she reported in Registering With the SEC, p. 38, that the Securities and Exchange Commission likely would not appeal a decision by the U.S. Court...
In an environment where traditional stockbrokers are being encouraged to offer broad financial-planning services, reps may not realize that, on the contrary, offering a specialized service is the key to success.
You might have to move to another brokerage house or go independent to offer your better clients the kind of treatment tehy want and can afford ... but aren't getting
What's an acquisition worth these days? Much more when you can deliver most of the reps, as UBS seems to be doing in its takeover of Piper Jaffray. As of the close of the deal on Aug. 14, UBS had retained a solid 85 percent of Piper's 840 reps
Plenty of advisors shun global funds, which own a mix of U.S. and international stocks. The problem is that global portfolio managers can adjust their allocations, holding 40 percent of assets in the U.S. one year and 60 percent the next.
It's been five years since my brother Matthew Burke was murdered when terrorists flew an airplane into the north tower of the World Trade Center, trapping him and his colleagues above the burning crash line and dooming them to a horrible death.
