ON THE COVER: The 1972 aboriginal painting “Water and Bush Tucker Dreaming,” by Johnny Warangkula Tjupurrula was sold this July at Sotheby’s auction house in Australia for $78,145. Johnny Warangkula Tjupurrula was among Australia...
While Smith Barney now considers the WorldCom option-account problems at its Atlanta branch closed, two former brokers are still waging their legal battle.
The Joint NASD/industry task force released its study on breakpoints last month, confirming that millions are owed to clients by firms for not applying discounts on breakpoints. The NASD is now making sure the firms know exactly how to rectify the...
Separately managed accounts can be confusing, but the paperwork and operations behind them need not be—or at least that’s the thrust of a new effort by Smith Barney Consulting Group. Smith Barney is in the midst of rolling out its new...
Trusts & Estates is the monthly journal for estate planning and wealth management professionals. Published since 1904, Trusts & Estates continues a long tradition of editorial excellence and credibility in the high-net-worth arena. Subscribers...
The Certified Investment Management Associate degree, or CIMA, is an exclusive certification, and some brokers with the similar CIMC designation are finding that out the hard way. The Investment Management Consultants Association, which...
The Federal Trade Commission has set a price for its vaunted "Do-Not-Call" list--a list of numbers signed up to avoid sales calls from telemarketers and uninvited reps--and it's a steep one: More than $7,000. The list, which will be enacted on...