Barry Freedman, Freedman Financial AssociatesBarry Freedman regularly mixes work and play on Florida golf courses. The technology we now have lets me pull up a clients account from a golf cart, he says. Since 1993, Freedman, a CFP and chairman of...
Salomon Smith Barney, Prudential Securities, Merrill Lynch and an educational arm of the Securities Industry Association have expanded the educational programs they developed to help brokers reach young investors at local schools.On Feb. 25, about...
Josephthal & Co. is an anomaly on Wall Street. As one of the few remaining privately-held investment banks and brokerage firms in operation, it has avoided being swallowed in the merger and acquisition frenzy that eliminated so many of its...
Prudential Securities Charles Andriole hated commissions so much that he wouldnt go after stock business when he became a broker in 1982. Bonds offered great yields, so building long-term bond portfolios seemed a good way to cut down on asking...
If you want to call yourself a financial planner in Canada, youre going to have to prove your worth.Under a proposed rule, stockbrokers, investment advisers, mutual fund salespeople and insurance reps who want to engage in planning will be...
Fee-based discretionary portfolio management began with a handful of brokers in the late 1970s, but the approach was an oddity. Back then, who would want to do stock business any other way than get a commission for a great idea? Today, every...
Brad Frederickson hit the production wall four years into the business. He had fulfilled a childhood dream to pick stocks for a living and it felt pretty good to be a $500,000 producer. Until he stayed there the next year. And the next.I found I...
Edmund Finder, Salomon Smith BarneyPicture a veranda overlooking the ocean with a 20-foot polished mahogany desktop supported by driftwood. On the desk are two television sets, a laptop computer, a fax machine and two phones. Just 10 steps away is...
In a Feb. 1 filing with the SEC, the NASD is proposing that member firms be required to provide brokers with an arbitration disclosure statement. The statement would be provided whenever a rep signs a new or amended U-4, and would explicitly point...
If you think that potential clients obtain a list of brokers, devise a slate of questions and go on a round of interviews, think again.The reality of how clients hook up with brokers is much more disorganized. They bump into brokers on planes...