Long-term loss of market share finally turns to actual asset loss.After years of declining market share, wirehouse proprietary funds are now suffering negative flows, according to a report from Cerulli Associates in Boston.The market-share picture...
Having your own broker/dealer has its advantages. It can be very profitable. It can allow you to grow a business and hire registered representatives. It can open the door to doing your own investment banking and trading. Moreover, owning a broker/...
SIA brochure covers the basics of buying stocks on margin. If your clients are curious about margin loans, you can refer them to a new SIA investor brochure, "Buying Stocks on Margin." It covers the benefits and risks of margin loans and explains...
Every weekday morning for the past 20 years, Donna Thompson has walked into her Lafayette, La., branch office with two things: dedication and commitment.Branch manager Fred Werner remembers one experience that illustrates her dedication perfectly...
With Outlook 2000, your work and life can become easier to manage. Start by learning how to organize your e-mail.Microsoft Outlook 2000, which is available with Microsoft Office 2000 or as a stand-alone program, is overkill software that is...
Less than a quarter of women accept firm's settlement offers. Almost 80% of the women offered cash settlements by Merrill Lynch as part of the firm's class-action sex discrimination suit have rejected them.The case covers both present and past...
Tech unit's goal is an integrated financial services site. Prudential Insurance has created a separate technology unit to transform the Prudential Securities Web site into an integrated financial services site.The new Internet-focused effort at...
Sandy Cleasby sums up what it takes to be a successful sales assistant with one word - communication."This is a communication business," she says. "We need to be able to listen to clients, verbalize their concerns, and convey these concerns...
You do not need me to remind you of the endless stream of change engulfing the financial services world. Yet it is interesting to note that change has a way of bringing out the best and worst in people.Whether it's corporate mergers, technology...
