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.
Wall Street's got balls or does it? Kidding aside, the major wirehouse firms all offer special benefits to employees who want to undergo sex-change surgery. Goldman and Wachovia offer coverage for counseling, hormone therapy, medical visits...
Registered Rep: Describe your ideal client in three words or less. Tom Ruggie: Wealthy, decisive and appreciative. RR: Piece of sports memorabilia you most cherish? TR: Two: an autographed photo of Babe Ruth, and a large Team of the Century photo...
When your clients complain to you about paying their taxes this April 15, don't roll your eyes when they claim, It's not about the money. Because their irritation really may stem less from the idea of their hard-earned dollars going to the state...
With markets soaring last year in places such as India and Turkey, investors poured cash into international funds. Of the $6.6 trillion invested in equity funds, about one quarter is in overseas portfolios, according to the Investment Company...
When markets turn down, the hated short sellers appear. The volume of short sales bets that stocks will drop spiked after technology shares began collapsing in 2000. Not surprisingly, short volume has climbed again in recent months. But in the...
There's no such thing as an easy route to independence. But there are some things reps can do to ease the transition. Consultants say the most critical time for an RIA startup is likely about three to six months prior to its launch. The actions...
There are some topics in this business that seem to pop up again and again. This month's cover story addresses one of them: The difference between registered reps (Series 7 holders) and investment advisor reps (Series 65 holders). The investing...
It seemed like a guaranteed homerun. Eight years ago, Janet Stanzak joined forces with a nearby accounting firm in Minneapolis to launch and run a new wealth-management arm. The firm's eight partners referred clients to the new division, and all...
Firm City Phone Website Total AUM (millions) Total Accounts Number of investment advisors Number of clients 1 Veritable LP Newtown Square, PA 610-640-9551 www.veritablelp.com $8,442 1,558 11-50 500 2 Oxford Financial Group, Ltd Carmel, IN 317-843...
With the appetite for quality financial advisors richer today than it has ever been, it is definitely a buyer's market for you guys. So you better know what you're looking for in a brokerage house, and how to find out if a particular firm has got...
