Archive

Charles Schwab Accused of Its Own "Fraudulent" Ads. Hoist on its own petard? Schwab ads a lie, suit says

Ray Jensen thought he was handling the stress of the bear market well. Until July. That was when the market plunged for four weeks in a row, brought down by more revelations of corporate scandal and dimmer prospects for an earnings rebound. Not...

Someday, the year 2002 will be considered an inflection point, a time when everything that could go wrong, did go wrong a year of profound change. For brokers and financial advisors, it may also be remembered as the year in which those who knew...

Say what you will about mutual fund companies, but one thing they are good at is paying attention to the mood of the investing public. Back in the 1990s when folks wanted to get in on the tech boom, the industry created hundreds of tech funds. Now...

When wirehouses and other major brokerages introduced the notion of call centers a couple of years ago, brokers were suspicious. Although they understood the logic behind the move (to cut costs by giving smaller clients a less costly form of...

Unscrupulous corporate executives are responsible for the length and severity of the stock market decline since 2000, according to people who should know the rich. An October American Affluence Research Center study revealed that 53 percent of the...

With the market about to end its third straight year in negative territory and Wall Street riven by scandals large and small, the life of the retail stockbroker has not been easy in 2002. Until this stuff gets mopped up and the economy proves to...

No individual, regardless of how smart or experienced, can effectively serve the multidimensional financial needs of the affluent himself. It takes a team.

I generally feel sorry for the person who has rejected me, rather than feeling sorry for myself. Consider that I took the time to call him for the specific intention of bringing him happiness, and he failed to accept it. What a shame for him. A...