Q: I'm 54 years old and, 19 years ago, was the first woman hired by my firm, which settled a sexual discrimination complaint filed by women employees last year for $54 million. I've got a couple of questions relating to my termination at the firm...
A member of the New York Stock Exchange was arrested in late August for allegedly issuing a death threat to another seat holder who sued to block the Big Board's takeover of Archipelago Holdings. Edward Reiss, 65, a floor broker since 1973...
The retail brokerage model in the U.S. is flawed. Why? Because advisors get too much of the revenue pie. That's the conclusion of a report published recently by Morgan Stanley, titled U.S. Retail Brokerage: Flawed but Improving. The report argues...
Years ago, most investors assessed the merits of companies by analyzing balance sheets, P&L and cash-flow statements. Investors who analyzed corporate boardrooms and ranked them for their shareholder friendly policies were a small (and sometimes...
With the glut of biz mags, investment Web sites and financial news channels, it stands to reason that the general public should be investment literate. A 2003 NASD Investor Literacy Survey found that was only partially true. For example, 79...
More evidence that technology is your friend: Called The Little Black Book, this software packageprints client names and numbers onto standard printer paper. You then cut along the dotted linesstaple the pages to a backingand insert the directory...
Brokers. Not if you want them to be respected, that is. A recent Harris poll asked respondents to rate 22 professions according to their prestige, and stockbrokers finished dead last, with only 8 percent of respondents calling it a prestigious...
It is an article of faith in recruiting circles that wirehouses are practiced in the art of brainwashing. The target of their mind control is advisors. The message: the firms' reputation is the central factor in any success the advisor might...
Lovers of the links are in danger of slicing their nest eggs into the drink, according to a recent survey. Columbus-based Nationwide Financial Services found in a recent study that while golfers have saved nearly 75 percent more than nongolfers...
