For registered reps, annuities, one of the most lucrative and complex items in an advisor's repertoire, can appear to be a cure-all for clients. Clients seem to love them, because of the guaranteed income even if they...
In 1970, Legg & Co., a venerable brokerage firm based in Baltimore, made a momentous strategic decision. It merged with an eight-year-old local upstart, Mason & Co. and made Raymond Mason its CEO. Under Mason's...
Robert Isbitts, president and chief investment officer of Weston, Fla.-based Emerald Asset Advisors, is re-examining his hedge fund investing strategy for his well-to-do clients. The problem? When he included the...
Efforts to make corporate bonds more appealing to retail investors have reached a crossroads, and their ultimate success or failure now depends in large part on whether financial advisors acquire an appetite for them...
Ric Edelman, who runs Fairfax, Va.-based financial advisory firm Edelman Financial Services, received a call a while ago from a prospective client, who wanted to set up an appointment to talk about planning for his...
