Internet Securities Bust: Gerald Milligan and Andrew Mariani, of Wellington, Fla., were jointly charged by the FBI, a Florida district attorney and others, with conspiracy to commit wire fraud. Milligan ran an investment website through a company...
Want to borrow some money from a client? Yeah, sounds a little shady on the face of it, but maybe you have good reasons. Well, proceed with caution. NASD Conduct Rule 2370: Borrowing From or Lending to Customers is a fairly simple proposition...
When a client opens a brokerage account, he agrees that he won't sue you, the registered rep, in a court of law. In opening the account, the client agrees to take his complaint through an arbitration system controlled by the securities industry...
One would think a client's collection of 50 cars, let alone 50 Corvettes, would be hard for a team of financial advisors and estate planners to ignore.
Financial Advisors may discuss charitable giving with clients for the same reason that most people choose to give in the first place: It's the right thing to do. But you can use that discussion to clean up your client's portfolio and simplify your...
Kevin Matras looks at the "short ratio" as a market-sentiment indicator, and shows how to use it for finding winning stocks. See how and get three top picks using this indicator.
Morgan Stanley underwent a major management shakeup yesterday. Effective tomorrow, December 1, James Gorman, president of the firm’s Global Wealth Management Group will take on a co-president role at Morgan Stanley
The EEOC is investigating claims made by former Morgan Stanley advisors that the firm discriminated against older workers when it laid off 1,000 financial advisors back in 2005, according to a story in the Associated Press.
Advisor beware: If you have high-net-worth clients who own life insurance in their own names, they could face an unexpected estate tax hit should the Bush tax cuts of 2001 be allowed to sunset in 2011
