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.
In the Spitzer Files (evidence released with New York attorney general Eliot Spitzer's $1.4 billion settlement with Wall Street), brokers say the darnedest things about Jack Grubman.
Monte Carlo simulation the method of statistical analysis that determines the probability of certain events using a roulette-wheel like generation of random numbers has become so popular that everyone except registered reps seems to use them to...
Opponents of Salomon Smith Barney's CAP plan, a deferred compensation plan that requires employees to contribute wages through payroll deductions to purchase restricted shares of company stock, have been shot down repeatedly in their attempts to...
Ray Jensen thought he was handling the stress of the bear market well. Until July. That was when the market plunged for four weeks in a row, brought down by more revelations of corporate scandal and dimmer prospects for an earnings rebound. Not...
There is a memorable passage in Lewis Carroll's Alice's Adventures in Wonderland, where Alice is confronted with a fork in the road. She asks the Cheshire Cat, Cheshire Puss, would you please tell me which way I ought to go from here? The cat...
Remember the old days, when you had to sit around and wait for the Sunday classifieds? How archaic. These days, the Internet is the best thing for job hunters since the telephone. From searching for vacancies to sizing up the value of an offer...
When a business partnership is new and everybody is toasting the new team, nobody thinks much about the legal agreements the partners just signed. In the subsequent months, even years, these documents tend to gather dust in a drawer. However, once...
