Wall Street Brokerage Giants like Merrill Lynch may not see Charles Schwab as a big threat, but the firm has come a very long way from its scrappy upstart days. In fact, some analysts say it's on track to becoming the biggest brokerage firm in the...

How much corporate bigwigs get paid is a hot topic this political season, as the gap between the rich and the poor has reached its widest point in 60 years. Some lefty politicians (and even President Bush) have been raising the issue of whether...

In a story titled Meet the New Panic, Just Like the Old Panic in our October issue, we wrote that the co-author of The Panic of 1907 was Robert F. Burns. In fact, his name is Robert F. Bruner. We regret the error.

Not only is the investing public clamoring for financial advice, but broker/dealers (and registered investment advisories) are searching for advisor talent as never before. In fact, advisory firms are competing for talent even more than they are...

Ah, the benign indifference of numbers. If only we could regard them with a cold heart. Nearly every professional money manager claims that he does, that he invests bloodlessly that is, coolly and analytically taking positions according to his...

Hedge Funds, private equity and other investments may be an emerging playground for the rich, but mutual funds still have their place in the hearts of the moneyed set. Of course, some funds get more love than others. According to the Luxury...

Picking an independent broker/dealer to join is a daunting task. After all, on paper, most independent b/d networks provide similar platforms and services. While every firm will say it has it all and, in most cases, they really do in the end an...

When 401(k) plans appeared in the 1980s, some Wall Street observers hailed the accounts as an innovative step in the evolution of capitalism: opening the capital markets to the small saver. Blue-collar workers could now buy and sell stocks and...

Blame It On The Quaaludes: Jordan Belfort grossed millions as a drug-fueled pump-and-dump artist. He eventually served 22 months in prison and spent one month in rehab. He now owes $107 million in restitution. His story has been bought by a...

Is your revenue production down? Not bringing in those million dollar accounts? Maybe your branch manager has threatened to move you to some backwater town, or garnish your wages a bit? Be thankful at least he's not forcing you to take female...