February's on-again, off-again code orange alerts eventually created fodder for commentators and comedians who clucked about panicky Americans loading up on plastic sheets and duct tape, only to be told never mind a few days later. But the episode...
Perhaps what is most surprising about Merrill Lynch's decision to pull CNBC off its broker workstations--because of criticism from the likes of pundit Jim Cramer--isn't that it happened, but that it took so long.
Can major surgery be good for business? It can if you structure your book the way Harold Pomerantz did. Two years ago Pomerantz, now a senior vice president in the private client group of Ryan Beck in Hewlett, N.Y., underwent a kidney transplant...
You've been watching the stock of a global industry leader. The three-year bear market has taken its toll on its share price. But overall the company remains sound, or so you believe, with a strong diversified revenue base. Moreover, it's in a...
There's no foolproof way to pick mutual funds that consistently outperform, but a University of Texas professor and a Fidelity Investments executive have found a way to at least improve your odds. The strategy they suggest is best summarized thus...
With the markets sagging and equity mutual funds leaking deposits like a worn tire, it's no wonder fund companies are swearing off the naughty ways of the bull market. Some of these moves are aimed at meaningful changes. Others might be as much an...
If you have affluent clients, you should know about Family Limited Partnerships (FLPs) and Limited Liability Corporations (LLCs), two extremely useful vehicles for helping reduce inheritance taxes. An FLP is simply a partnership created by two or...
This year’s Money Management Institute annual conference turns on a central fact: separately managed accounts (SMA) are in the midst of a critical wave of growth.
Kay Shirley knows solo doesn't have to mean alone. Since starting her firm, Financial Development Corp., in Atlanta more than 20 years ago, Shirley has remained the only producer in the company, with $289 million in assets under management. But...