Ponzi Porn: Philip Barry, a 52-year old Brooklyn native, stole $40 million from 800 investors, many of whom were his neighbors or elderly, between 1978 and 2009, according to an SEC complaint filed in September. According to reports, Barry ran an...
Look Before You Leap: Top Things to Consider Before Switching FirmsPerhaps you’ve been thinking lately that your current job may not be for you and you’d like to move on. Before you get overwhelmed by the emotional and financial...
Sales assistants are spending a little bit more time talking to worried clients than they were two years ago, according to our survey. But SAs are often able to resolve client calls without the help of their FAs. That's a good thing considering...
In a September report, Daniel Alpert, founder of New York-based investment bank, Westwood Capital, says the current rally is strikingly reminiscent of market moves in 1930, following the 1929 crash. He isn't forecasting another Great Depression...
Robin McNally was 18, fresh out of high school and on her way to the beach, in Melbourne, Fla., when she started her career in the financial services industry. I needed to be able to tell my parents I looked for a job that day, recalls McNally, so...
THIS MONTH'S CONTESTPRIME 907 The number 907 is prime. It has no factors other than one and itself. To prove that 907 is prime, you must check to see that it not divisible by any other number, beginning with 2, 3, 5, 7 and so on. The challenge...
In a story titled, Managing Managed Futures, in our September issue, there were errors in Tables 1 and 4, on pages 67 and 68. In Table 1, all of the returns listed under S&P should have been negative. In the left-hand column, six return entries...