About a year ago, analyst Meredith Whitney made her doomsday call about the municipal bond market, predicting mass defaults. But a year later, it's clear that Whitney was way off. According to Standard & Poor's data, municipal defaults in 2011...
An MBA degree might offer some prestige, but it won't help much in the leap from Main Street to Wall Street, according to a survey by Training The Street (TTS), a corporate training provider for Wall Street firms. The survey of incoming associates...
Most financial advisors are in early stages with social media—but the rules of engagement are already shifting. While gaining followers, friends and prospects to link to is high on most priority lists, firms that have opened the gate to...
ETFs have come under criticism lately. Don Phillips of Morningstar says that as ETFs have proliferated, they have become more expensive and hazardous for FAs and their clients to use. The original ETFs were designed to provide low-cost exposure to...
