In our November "Fear & Loathing in Retirement Land" package, we noted how difficult it was for financial planners to create retirement plans for clients with iffy DB plans. What to do about it. Go to VonAldo.com.
In 2001 and 2002, insurance companies began introducing the guaranteed withdrawal benefit, giving VA owners a guaranteed income stream. The current bear market is forcing insurance companies to cut benefits and to increase costs.
From: Registered Rep. and Advent [[email protected]] Sent: Tuesday, April 07, 2009 11:07 AM Subject: Own Your Practice This message has been sent by Registered Rep. on behalf of Advent. Own Your Practice Dear Investment...
The United States’ ongoing hunt for tax cheats will be putting a crimp in some clients’ quarterly portfolio reviews. UBS financial advisors who have clients outside of the country where they do business have been instructed to stay put...
Just over six months after he was named the new leader of Citi Global Wealth Management, Michael Corbat is bouncing to another post. Today, the firm named Corbat CEO of Citi Holdings.
Wall Street types might be wise to eat their own cooking. For more, go to VonAldo.com, the new blog by David A. Geracioti, Registered Rep. editor-in-chief.
If there is any upside to the market meltdown of the past seven months, it might be that so many fraudsters operating Ponzi schemes have been dragged into the light. There seems to be a new Ponzi crackdown every few weeks. On Wednesday, April 1...
In today’s Investor’s Business Daily, there is a wonderful quotation from a bank CEO that, I think, neatly sums up the problem caused by an activist government. Please go to VonAldo.com for more.
AIG announced its plan to sell its independent broker/dealers back around October 2008. Six months later, nothing has changed—except that reps we spoke to are even more frustrated. Some say they are ready to bolt...
Bear markets have a way of breaking investors’ spirits—even their ability to rationally analyze capital markets. Take for example the period from about 1965 to 1982: The Dow Jones Industrial Average was essentially stagnant, trading in...
