Artists have always needed wealthy patrons. Bet you didn’t know that UBS’s headquarters at 1285 Avenue of the Americas (bet. 51st and 52nd streets) in New York City also serves as an art gallery, featuring...
Recently, I stepped in to help a relative choose a financial advisor. This relative is in his early 70s, and recently retired. He's not super rich, but having sold off a medical business, let's just say he retired...
Creating lists such as this can be a notoriously capricious business. For starters, why only 10 people? Good question. But it forces a silly answer: The number 10 is a good number simple as that. Yes, it's somewhat...
Economist Paul Zane Pilzer considers himself to be an environmentalist. But he is not your average greenie. Indeed, Pilzer is something of an icononclast: There is no such thing as scarcity of natural resources, he...
Are you an advisor or a broker? Yes, we know, you're a financial advisor, or a wealth manager or whatever fancy term you use to win clients and gather assets. And that's just the problem: Many Series 7 holders out...
As everyone knows, the SEC isn't going to fight the U.S. Court of Appeals vacating the broker/dealer exemption, allowing reps to act like registered investment advisors (fiduciaries), provided certain stipulations and...
Best-selling author Peter L. Bernstein explains how heretical, academic research has become investing orthodoxy. And yet, Modern Portfolio Theory is under attack from behavioral finance theorists. Who is right?
Registered Rep.: You were once a psychotherapist. What of psychotherapy were you associated with? Mark Butler: Family therapy. Within that, I liked the Milan school and the Georgetown/Bowen school, both of which key...
Peter Schiff, owner of Euro Pacific Capital, a broker/dealer based in Darien, Conn., has been called and essentially likened to a traitor. His treason?
Just when you thought the whole argument over the so-called Merrill Lynch exemption had been put to sleep, the argument arises, undead, to be (fiercely) debated yet another day.
