Sometimes you are guilty as charged caught with your arm in the cookie jar and that's it. Sure, you have excuses and rationalizations, but no NASD or NYSE hearing panel is likely to believe them.

Wachovia Securities, the brokerage arm of Wachovia, is going to start offering its advisors bonuses tied to client satisfaction.

In Not Your Father's Regional (January 2007, p. 55), Baird CEO Paul Purcell gave the following quote on the subject of Baird's lawsuit

A colleague of mine recently left our firm and the business, asking me to take care of a few of his clients. One client about whom he was concerned happens to be his cousin. My colleague was new to the business, and his manager handled setting up...

Relationships among aging seniors can bring great joy - or grave financial risk

STRUCTURED PRODUCTS, complicated hybrid securities used both to hedge and to speculate, are among the fastest growing investment vehicles in the retail market

Some years ago, during the Great Buying Panic of the 1990s, it occurred to Rob Isbitts that the traditional idea of diversification might not provide the downside protection it was advertised to deliver.

It's true. Back in the Great Buying Panic of the 1990s, going 100 percent long (or more) of, say, the S&P 500 or QQQ was about all an investor needed to do to look like a genius.

Not a day goes by without my office receiving multiple inquiries about or affluent client acquisition: What does it take to become a rainmaker?

When the mutual fund scandals broke in 2003, some of the most notorious villains were so-called side-by-side managers money managers that ran mutual funds and hedge funds at the same time.