The curious thing about a bubble is, when it bursts, you can't believe people actually behaved the way they did. (Remember, in the late 1990s, backing up the truck and buying the QQQQ for clients? Nah, not you.) Consider what a sweet temptation...
About the current credit market turmoil, Former Federal Reserve Chairman Alan Greenspan said in early September, The behavior in what we are observing in the last seven weeks is identical in many respects to what we saw in 1998, what we saw in the...
Today's intensely competitive recruiting environment demands that branch managers spend a lot of time and energy wooing prospective hires. But too many managers just aren't keeping up. Take the following tale of two wirehouse managers, both with...
Joni Elliot decided that her career came first When vacationing with her boss Scott Magnesen's wife 12 years ago in Desert Springs, Calif., she met her husband-to-be. After a year of long-distance dating, she told him their marriage would be...
Think for a moment about your affluent clients and their centers-of-influence. As you scroll through these images in the theater of your mind, try to assess your marketplace equity. If is your initial response to this term, you are not alone. But...
Last year, Robert Isbitts, who runs Weston, Fla.-based RIA Emerald Asset Advisors, decided he had to take drastic action. Legal and regulatory compliance issues were spreading his employees thin. Everyone at the firm was responsible for his or her...