In the converging financial services business, reps have a big edge over insurance producers. They make more, have better clients--and are pushed harder by management.
XYZ stock is trading at $70, and your client wants to buy it at $60. There are 70-strike and 65-strike puts available, which are trading for $2 and $1, respectively. But there are no 60 puts. Is there something you can do? Yes! Read on. Targeting...
If the Royal Alliance National Education Conference is any indication, independents are thinking one thing: The time to strike at the wirehouses is now.
Have your clients asked about the performance of covered writing? Writing covered calls, also known as the "Buy-Write Strategy," is a basic options strategy, and it is a favorite among income-oriented investors. This article will first explain how...
Pending legislation could clear the way for advisors with 401(k) business to sell financial advice to plan participants. On May 14, the House of Representatives passed the Pension Security Act of 2003, the first step to opening the door for 401(k...
The defection of over 30 Waddell & Reed advisors in the New York and Connecticut region to Washington Square Securities (WSSI), an ING affiliate, has driven a wedge between the firms. Waddell has notified ING that it is ending a third-party...
