Even as the three-year bear market recedes in memory, the experience of one rep illustrates how those lean years are not yet through with the brokerage employment market. The rep, a Milwaukee-based independent who asked to be identified as David K...
Ordinarily, serious investors aim to steer clear of financial instruments that are sold on late-night infomercials, but tax liens on real estate might well be the exception to this rule. In fact, the very things that makes such investments seem...
If you read the papers, it would appear that America's 95 million mutual fund holders have been systematically defrauded out of millions of dollars over the last several years. Abusive trading, late trading and brokerages' preferred vendor lists...
Attention shoppers: Those of you looking to purchase a financial advisory practice should be prepared for an arduous search. For every practice sporting a For Sale sign, there are 30 or 40 potential buyers out there, according to FP Transitions, a...
In more than one sense, Jim Hansberger is a marathoner. The CEO of The Hansberger Group (a wealth management unit of Smith Barney) has run nine of the 26.2-mile races, and, at 58, continues to log 35 miles a week. Further, he has made it a life...
Consider the message brokerage firms are sending to the investing public these days: Total Merrill. Or What We Do to Help Our Clients Succeed (Morgan Stanley). Or Fully Invested in Our Clients (A.G. Edwards). Or This Is Who We Are. This Is How We...
Q: I didn't receive any accounts during an account reassignment after a broker left the firm. My manager said it was because I was on vacation and thus could not call the clients. I suspect that it had little to do with that and more to do with me...
Every morning on the 32nd floor of a Chicago office tower, brokers at William Blair & Co. assemble to hear Blair analysts discuss the companies and sectors they follow. This in itself isn't unique brokers around the world gather by squawk boxes...
For most families, the arrival of children marks the happiest stage of life, but unfortunately, the feelings of unadulterated bliss tend to be very short-lived. If diapers, late-night feedings, babysitters and countless trips to the doctor are not...
In one of the few memorable scenes in Godfather III, Michael Corleone laments his inability to break free of the gangster life: Just when I thought I was out, they pulled me back in. Some subjects of NASD disciplinary actions know that sort of...
