To do list: Get prom dress, pool party at Kristen's send terrorist mail to Goldman Sachs? The FBI is investigating terrorist threats against Goldman Sachs, sent to the media in two separate letters which may or may...
Investment advisor reps raised their fees last year for the first time since 2002. This nudged them up to a median 1 percent on assets from 0.98 percent the previous year, and brought them back in line with median...
It's a fact: The biggest financial advisors, in terms of assets under management, are wirehouse advisors. Actually, when we began this top advisor list back in September 2002, only a couple of spots were filled by...
Last Wednesday, August 15, a DHL deliveryman uncovered over 100 animals (cats and dogs) living and dead in total squalor in the $2.4 million dollar Saddle River, NJ home owned by Merrill Lynch broker, Philip Tamis, 66...
After 17 years with Fidelity, Ellyn McColgan stepped down as president of Fidelity Investments distribution and operations, which includes Fidelity Registered Investment Advisor Group (FRIAG), the RIA custodian arm of...
Michael McNamara, McNamara Financial Services Firm: Commonwealth Financial Network City: Marshfield, Mass. Established: 1987 AUM: $306 million Number of Clients: 500 Education: Tufts, Boston College After graduating...
Registered Rep.: Strangest request you ever received from a client? Helene Robertson: In 1982, a retired schoolteacher asked me to find a mutual fund that had no weapons manufacturers in it. We went through every...
How often do you call your clients? If they’re affluent, it might not be often enough. According to a J.D. Power and Associates 2007 “Full Service Investor Satisfaction Study,” released on July 24...
The securities industry is fighting tooth and nail to save 12b-1 fees. Exactly one month after the June 19 SEC roundtable convened to discuss the fate of 12b-1 fees, the securities industry’s lobby group, the...
You’ve probably heard about Bear Stearns’ CEO Jimmy Cayne’s numerous golf outings in June—while his company’s hedge funds were tanking. You might have also heard that he tends to score in...
