Yes, it's true that the commercial real estate industry is suffering from increasing vacancies, decreasing rents and declining property values. Call it a trifecta of bad news. Yet, for bottom-feeders er, contrarians this might be a good time to...
The aim of the LIG [Leadership, Innovation and Growth] program at GE was to embed growth in the DNA of our company, GE CEO Jeff Immelt says in an interview in the January 2009 issue of the Harvard Business Review. You will have to read the article...
When you read the 2005 Markopolos letter to the SEC, which warned the regulator about Bernard Madoff, what jumps out at you is how many professionals on Wall Street were actually suspicious of Madoff's business.
If you promise yourself that you will make a powerful commitment to clients, rainmaking and self-discipline, you will come out ahead in 2009 in spite of the economic crisis.
The events on Wall Street over the past six months, coupled with the toll they have taken on many advisors, have caused me to revisit the work of William Glasser, M.D. and his thoughts on human behavior. In his book Control Theory (1984, Harper...
I have a friend, a financial advisor, who keeps what he calls The Yell-At-Tom Index. (His name is Tom.) Interestingly, The Yell-At-Tom Index (TYAT) is low right now, he says. That's right. Despite the utter carnage in the equity markets, the...
In September and October, Houston-based financial advisor Mike Robertson was getting 60 calls a day from panicked clients. On Long Island, New York, about 5 percent of Mark Snyder's clients hit the phones. They're saying, What's happening? says...
I recently met with a wealth management team composed of three senior partners, two support staffers and one intern. They manage over $300 million in assets, and although they have culled their client list, they still have too many low-end clients...