Trump Towers Used to be, young reps were considered the face of entrepreneurial spirit. So where were the brokers on the reality TV hit, The Apprentice? Only one, the quickly vanquished Tammy Lee (who worked for Merrill Lynch from 1993 to 2002)...
It's common knowledge that mutual fund shareholders lost money in the late-trading and market-timing shenanigans that have recently consumed the fund industry. But shareholders have been losing many times more money over a longer period of time...
Doctors and financial advisors have a lot in common, and perhaps nowhere is this more evident than on late-night television. There, sandwiched between nightmare-date shows and infomercials, lurk the ads from the ambulance-chasing lawyers and from...
Reps now have another designation to pin to their names, and it couldn't come at a better time. As the U.S. population continues to age, the American College of Bryn Mawr, Pa., has unveiled its newest specialization: Chartered Advisor for Senior...
Wachovia has a new regional president of its northeast region: Theresa Roddy, who has been with the firm since 2002 as the Denver complex branch manager. She was previously Morgan Stanley Dean Witter's Chicago complex manager. She replaces Rick...
On Jan. 15, 2003, a phone call abruptly transformed me from a freelance contributing editor to Registered Rep. magazine into an infantry officer bound for Iraq. As a national guardsman, I was aware that I could be called up for duty. After a few...
Cost-cutting has been a hard fact of life in the securities industry since the bubble burst, but new numbers from the Securities Industry Association suggest that cost-reduction efforts are easing. Between 2001 and 2002, broker/dealers reduced...
Just when you thought the news couldn't possibly get worse, it has. Both the NASD and the SEC have revealed they are separately investigating yet another area within the financial services sector: 529 college savings plans. The state-sponsored...
If personal finance were an orchestra, there would be little doubt what would occupy the first chair in the College Savings section. The 529 savings plan has for years been the darling of investors and advisors, and there are good reasons for its...
If last year's federal budget process teaches anything, it's this: Nothing's a sure thing. True, several of last year's most interesting proposed items dividend and capital gains tax reductions, for instance made it into the final budget. But...
