In this section we present key findings and insights from our survey questions on practice management and operations, including services offered, the most time-consuming activities, professional designations, custody relationships and documentation trends.
Smart decisions are based on more than government statistics, agency reports, news releases, interest rates and stock quotes. We've selected a few fascinating statistics here that illuminate the markets, the world of financial services and big...
Name Firm City, State Est. AUM in $MM Yrs. in Biz Business Description/Specialty 1 Mark T. Curtis Smith Barney Palo Alto, Calif. 15,000 28 Private clients, corporate services, endowments, foundations, retirement plans. 2 Roger Coleman Smith Barney...
When 25-year-old Russell Bailyn embarked on his career as a wealth manager in New York City with Premier Financial Advisors three years ago, his older brothers thought he needed a marketing tool that would differentiate him from the pack.
In 1952, at the age of 65, Harland Sanders took a $105 social security check and an old family fried chicken recipe, and launched the multi-million dollar Kentucky Fried Chicken fast food business. Sanders was a rarity half-a-century ago, but...
Times are tight. Earlier this year, Gregory Gambone looked at his rising costs and realized something had to give. With big increases in the price of everything from gas to postage, Gambone's expenses had spiked about 25 percent versus 2006. He...
In trying to fathom the amount of capital that financial firms have destroyed since last summer, I called an acquaintance who used to work at Merrill Lynch.
You'll usually find grandparents are a willing audience, especially if you first ask them to tell you about their grandchildren, and listen patiently for the next 90 minutes. But for those grandparents with several million or more in net worth, a...
