Positive thinking is important, but it will only get you so far. In the brokerage industry, the real money lies in the negative realm in making mistakes and then learning how to avoid repeating them. In fact, according to successful reps...
The Dogs of the Dow strategy fell from grace in the late 1990s (along with many other strategies overshadowed by Internet stocks), and it has since spent most of its time in the investing doghouse, so to speak. However, having fared surprisingly...
Money Without Matrimony: The Unmarried Couple's Guide to Financial Security Sheryl Garrett and Debra NeimanDearborn Trade Publishing ($21.95)288 pages In the United States, there are 5.5 million cohabitating, unmarried couples that's 11 million...
It is, by now, an article of faith that wealthy clients are a special group with unique needs. But according to two recent reports, the rich hold at least one thing in common with average consumers: an increasingly heavy load of debt. According to...
You're nearing the end of a meeting with a couple. You've covered retirement and estate planning with them. You know their kids, their hobbies, their values. In fact, you thought you knew them pretty well, until on the way out of the office, the...
Sales of equity-indexed annuities are exploding. According to a study from Financial Research Corp. and Beacon Research, equity-indexed annuities accounted for 30 percent of total annuity sales last year, up from just 6 percent in 2002. An equity...
University of Michigan wide receiver Braylon Edwards was one of the top draft picks in the 2005 NFL Draft. He is expected to sign for millions. But he might want to hire a new financial advisor. Before the draft, Edwards asked his financial...
A.G. Edwards is ready to talk about paying for its transgressions in the sale of Class B and Class C mutual fund shares. In its annual report, A.G. Edwards said the NASD has recommended disciplinary actions against the firm. According to the...
No-brainer decisions aren't what they used to be in the brokerage industry, and outsourcing is a case in point. Broker/dealers have long understood that third-party service providers can handle processes, such as transaction clearing, more...
People applying for work on Wall Street can be denied for many reasons these days, but there are two very common ways they get tripped up. First, some try to hide their criminal past as if their Social Security numbers, CRD numbers, fingerprints...
