In more than one sense, Jim Hansberger is a marathoner. The CEO of The Hansberger Group (a wealth management unit of Smith Barney) has run nine of the 26.2-mile races, and, at 58, continues to log 35 miles a week. Further, he has made it a life...
Consider the message brokerage firms are sending to the investing public these days: Total Merrill. Or What We Do to Help Our Clients Succeed (Morgan Stanley). Or Fully Invested in Our Clients (A.G. Edwards). Or This Is Who We Are. This Is How We...
Q: I didn't receive any accounts during an account reassignment after a broker left the firm. My manager said it was because I was on vacation and thus could not call the clients. I suspect that it had little to do with that and more to do with me...
Every morning on the 32nd floor of a Chicago office tower, brokers at William Blair & Co. assemble to hear Blair analysts discuss the companies and sectors they follow. This in itself isn't unique brokers around the world gather by squawk boxes...
For most families, the arrival of children marks the happiest stage of life, but unfortunately, the feelings of unadulterated bliss tend to be very short-lived. If diapers, late-night feedings, babysitters and countless trips to the doctor are not...
In one of the few memorable scenes in Godfather III, Michael Corleone laments his inability to break free of the gangster life: Just when I thought I was out, they pulled me back in. Some subjects of NASD disciplinary actions know that sort of...
Those yearning to learn the secret of successful wealth management teams can take heart in the words of the famous industrialist and financier, Cornelieus Vanderbilt. There is no secret about it, he said in response to a question about what was...
With the economy improving and interest rates still near four-decade lows, bond investors might be feeling afraid, very afraid. And with good reason a sharp rise in rates would punish most fixed-income holdings. Government bonds, which enjoyed a...
In the course of every bear market especially towards the end of the down cycle the securities industry typically decides it has excess capacity in the advisory channel and takes appropriate action. But according to our research, it's not just in...
