It’s annual meeting season, a time for disgruntled shareholders to confront management face-to-face and let ‘em have it. Yesterday, Citigroup, Smith Barney’s parent, held an apparently long, long, long meeting in an effort to...
The broker protocol just got a lot more inclusive. The exclusive pact between several wirehouse and broker/dealer firms stipulates that the firms will refrain from taking legal action when their brokers switch to other signatory firms and take...
If you’re thinking of recommending a target-date fund to an individual or small-business client, or if any of your clients already own one—and considering their burgeoning popularity, they probably do—you better take a good, long...
If the Blackstone Group ever goes public, it sure would be cool to get an allocation of the IPO. Imagine your clients at cocktail parties, bragging about how they are “in” enough to have gotten a piece of that deal. (Sure might help...
It’s no fluke that Washington, D.C. is the host city for the spring symposium of the Tenant-In-Common Association (TICA). The selection of the capital city coincides with the event’s main focus — the current political climate and...
Investors who are trying to gain a better understanding of the finer points of the tenant-in-common structure can obtain a wealth of information in a new book titled “Effortless Cash Flow: The ABC’s of TICs (Tenant in Common Properties...
The tenant-in-common industry is in the throes of an identity crisis that is forcing investors to choose sides on a complex — and often contentious — issue. Is TIC ownership real estate, or is it a security...
Although the co-ownership structure associated with tenant-in common properties remains in high demand, the industry is discovering that it is not immune to mounting pressures from the frenzied commercial real estate sales market. The end result...