SOME PEOPLE have too much of a good thing: The 2001 tech wreck taught a lot of advisors and their clients that. In fact, no advisor worth his salt would suggest that a bond fund, a small-cap fund and exposure to, say, the 10 industry segments of...
It's never been as trendy as it is right now or as crucial, many agree to take care of the environment. Indeed, more and more folks with funds want to invest in the future of the planet: A 2006 survey by the American Institute of Architects found...
Greensboro: "We've culled our book, but I still find myself getting bogged down with clients that are below my firewall -- I'm most effective as a rainmaker, not dealing with smaller clients," explained Joseph during a break at our Rainmaker...
On June 12, 2004, Miguel Garcia lost his job at Smith Barney. It brought an abrupt end to a stellar 10-year stint with the firm. The day was unusual from the very start, he recalls. Despite the market being closed for a national day of mourning in...
A good, independent lawyer can be a financial advisor's greatest partner and advocate before, during and after moving to a new firm. But most advisors take the plunge without one.
Stifel Nicolaus, the quiet St. Louis-based regional, doubled its size in two years with its purchases of Legg Mason's capital markets group in 2005 and now Ryan Beck, Bank Atlantic's brokerage arm, in January.
Variable-annuity sales are booming the National Association for Variable Annuities (NAVA) estimates they will surpass $150 billion for 2006, up 33 percent versus the previous year.
