It’s a Wall Street myth that the more hours you work the better your results. Elite teams and top solo practitioners have never bought into this garbage, which is why they work smart, and when they’re working they work extremely hard...
Advisor CornerQuestion: If you could reverse time and change anything about your career, what would it be? Name: Kelly Hindman Firm: Edward Jones in Carmel, Ind. Years in business: 13 "I would listen to my heart and trust my instincts in...
Given market conditions in 2008 and early 2009, the majority of sales assistants either expect their pay and bonus to stay put or to drop this year; some do not expect to receive any bonus at all. For most sales assistants, bonuses are awarded...
To read the accounts in the popular press of last year's mutual fund performance is to understand the frustration felt by many investors. Exhibit A: Barron's annual fund family ranking issue earlier this year doctored the headline The Best Fund...
The athletic brand Puma is sweetening up dour markets with a new ad campaign featuring The Puma Index, a tracker of the American Dow, Germany's Dax, and Australia's S&P/ASX 200. The application for Mac iPhones features female and male models who...
Laura Coltman got her start as a sales assistant (SA) in an Atlanta Lehman Brothers brokerage office back in the mid 1980s, when financial advisors were still called stockbrokers. Coltman recalls a pressured environment: Brokers would come up with...
When an advisor leaves a wirehouse before his term on his forgivable loan is up, the firm often demands he pay back the balance at once. Mark Thierman is behind a new class action lawsuit that could change that.
Women with more testosterone tend to be less risk averse when taking financial risks, according to a University of Chicago study of more than 500 MBA male and female students. Asked to choose between a guaranteed monetary award or a risky lottery...