After watching most of its competitors launch new fee accounts, A.G. Edwards has finally joined in. In March, it rolled out its Client Choice account, which offers "virtually unlimited transactions," according to the firm.However, the firm will...
That Securities Investor Protection Corp. logo on your office window may give peace of mind to some, but critics say it shouldn't. They complain SIPC's system makes filing claims difficult while its favored lawyers rack up huge legal bills by...
With an office that looks out on the San Juan Mountains in Montrose, Colo., David Tillson says he's "amazed that every broker in America" isn't clamoring to telecommute. "That's the only thing I find unusual about this," he says.Six years ago...
Knowledgeable. Dedicated. Talented. Enthusiastic.These are just a few of the descriptions others apply to our winning brokers. For the 20th consecutive year, Registered Representative honors 10 of the industry's finest reps based on their superior...
Regulators have been busy painting a picture of margin debt exploding out of control. Yet a report released by the SIA in February shows that margin debt as a percentage of market capitalization is well within historical norms.Securities lending...
Norman Schrott, A.G. Edwards, Alexandria, Va. Evidence of Norman Schrott's devotion to his hometown of Alexandria, Va., goes back a long way. In the same year that the A.G. Edwards seniorvice president of investments became a broker, he was also...
Steve Booren, Capital Consulting, Englewood, Colo. Steve Booren doesn't like to take time away from serving his clients. "You won't hear me on the radio or see me on TV," he says. Nor will you find him doing much marketing and prospecting. He asks...
Lyn Hennion, Strand Atkinson Williams & York, Medford, Ore. After 10 years on the road as a wholesaler for Franklin Templeton funds, Lyn Hennion, CFP, decided that "a grandma shouldn't be a traveling salesperson."So in 1994, she took a job as a...
What's in a name? A lot, if you're a younger broker just starting out.According to a survey of 334 prospective brokers by Securities Training Corp., New York, nearly three-quarters of reps 25 years old or younger say recognition of their firm's...
Nadav Baum, Salomon Smith Barney, Pittsburgh While his friends were sound asleep or watching cartoons on Sunday mornings, 10-year-old Nadav Baum was out delivering bagels, orange juice and a copy of The New York Times to clients in his Pittsburgh...
