In His New Book, Donald Trump admonishes us to Think Big and Kick Ass in Business and Life (Collins, $26.95). Tired of thinking small and failing to kick ass, I ventured to the Javitz Convention Center on New York City's west side one weekend in...
Ignore the Next Big Thing? Who would do such a thing? The fee-based model, with its steady stream of revenue, is an attractive way of doing business for lots of advisors. And it has been billed as the newest rage for years now. But there are still...
As Citigroup, Merrill Lynch and other firms take write-offs of about $100 billion (and counting) due to the credit bubble, you might have had this gnawing feeling: This is familiar I've seen this movie before. And you would have been correct. You...
A sweeping new tax regime that will create a minefield for U.S. citizens living in the United Kingdom is due to go into effect on April 6, 2008. And as the deadline approaches, U.K. lawyers and accountants are working feverishly to assess the...
With 75 million baby boomers galloping into retirement, wealth managers are going to be spending a lot of their time deciding what retirement income products are best suited for their clients. Recent research shows variable annuities are not among...
You may have heard it’s not just small time advisors making the leap to full independence these days. Some big b/d brokers are moving too. The interesting thing is, those defecting brokers (also know as breakaway brokers) are running
Recession is on the lips of everyone in the financial-services industry, and several heavyweights have proclaimed we’re already in it or it’s on the way. Merrill Lynch, Goldman Sachs and Morgan Stanley have all predicted the U.S...
You’ve probably made some personal New Year’s resolutions for 2008. Most people do. A new year is always a great opportunity for a fresh start. But have you made new resolutions for your business? Have you examined the year that has...