Phoenix: Following a presentation I delivered on "Affluent Expectations in Tough Times," Mike said, "My clients are continually calling—it's as if they expect me to know when the markets are going to stabilize ... it's gotten to the point...
Harry Markopolos, the famously ignored Madoff whistleblower whose well-informed and detailed warnings about Bernard Madoff were disregarded for years by regulators, testified before House Financial Services Committee today that the SEC is “...
Here’s a possible new twist in the changing financial services landscape: A report in the New York Post raises the possibility of a “joint venture” between the wealth management divisions of Wachovia Securities and UBS. A lot of...
Schwab's CEO, said all the things that registered investment advisors would want to hear from their asset custodian chief on Thursday during an earnings call with analysts.
WELCOMEWelcome to the first issue of The Next Move. At a time when more advisors than ever are on the move—be it from one large firm to another, from big firms to independent broker/dealers, or to registered investment advisories, we look...
A lot can happen in a few years. Back in 2005, Morgan Stanley was at risk of losing its wealth management business during a very public conflict between then-CEO Philip Purcell and its shareholders. Today, Morgan is on the verge of creating the...
RR: As a rep with AIG, how have you handled client concerns? MG: Since we're independent, our clients are comfortable that it's Meg Green & Associates they're doing business with; our brokerage firm is Royal Alliance Associates. We've never...