More proof of the breakaway broker phenomenon, albeit anecdotal? Moneta Group has hired two veterans legacy A.G. Edwards advisors, the company said today, amid a nascent national trend of advisors leaving wirehouses for smaller independents.
After a painful year in 2008, some advisors and investors are falling back in love with hedge funds, but the terms of the relationship are changing.
The Dogs of the Dow strategy has only outperformed the index once in the past five years.
The number of wirehouse advisors switching broker/dealers has been in steep decline since June.
First the good news: The S&P 500 should climb by about 19 percent or so from yesterday’s close, says mutual fund manager Steve Leuthold in his firm’s “Green Book” monthly research report, released this morning. Now the bad...
Welcome to the New Normal, a ghoulish economic scenario. But there are some tweaks investors can make to their portfolios to protect against the apocalypse.
Ben Bernanke in remarks release this morning by the Federal Reserves, concludes: Monetary policy isn’t to blame for the real estate bubble; rather blame all those crazy “exotic” mortgages for the speculative excess in real estate.
