The NASDR wants to stop firms from freezing customer accounts of brokers who have jumped ship. In a May 7 press release, the regulator said it will seek comments on an interpretation of existing rules that would prohibit any member firm from...

Wouldn't you like to peek over your client's shoulder and watch how he manages his finances and investments online? Now you can. In April, Registered Representative conducted a national telephone survey of 200 clients to see what they are up to on...

Elroy, a beautiful 1-year-old black Labrador retriever, stands upright like a statue, glaring directly at a guest walking into Alan Rosenberg's office in Granada Hills, Calif. Rosenberg may joke about needing protection after some of his stock...

Prudential Securities in April offered to extend the time recruits have to pay off promissory notes. Branch managers say the move was made to ease brokers' tax bills in a time of declining production. Some guys were feeling pinched, says one West...

Prudential Securities has set up a call center in Scottsdale, Ariz., to manage small accounts. Details have yet to be announced, and it was not clear at press time whether the center was up and running. A firm spokesperson would not confirm...

Facing the down market and the prospect of brokers fleeing the firm, Morgan Stanley has relaxed the higher production quotas it put in place late last year. In an April announcement via a conference call, the firm gave reps with eight or fewer...

First Union Securities reps are enjoying an enhanced deferred compensation plan. The revamped program has been in place since Jan. 1, according to brokers. The firm changed its plan from an interest-bearing arrangement to one with a mix of 25 to...

The market environment is a huge opportunity for all of us. Let's meet this adversity head on. Another bear market? So what? We knew it was coming at some point, right? So why the bellyaching? Sure, it is painful to listen to the so-called gurus...

Motivated by her strong charitable drive and her inner athlete, Dorothy Lewis participated in Odyssey 2000 World Cycling Tour, a year-long, fund-raising bicycle trek that covered 44 countries and 20,000 miles. Lewis, who runs Financial Insights, a...

Money is a family resource, according to financial planner Carol Akright, CFP. And in her book, Funding Your Dreams Generation to Generation, she tells how to use it to fulfill the desires of grandparents, parents and children alike. The book...