Registered Rep: United Capital is a holding company that buys registered investment advisors (RIAs) all over the country. Describe your firm. Joseph Duran: We are a national wealth-management firm that owns signature...
Editor-in-Chief David Geracioti spoke with Krawcheck about a recently announced reorganization in the wealth-management division. Registered Rep.: For a Smith Barney advisor, you guys have had a pretty good year in...
Talk about embarrassing: The credit debacle has shown just how dumb and greedy the (supposedly) smart money really is. Bear Stearns, natch, is the poster boy: The 85-year-old investment bank lost about 90 percent of...
Back during the Great Buying Panic of the 1990s, when making money in stocks was as easy as putting in a buy order for QQQ, Federal Reserve Chairman Alan Greenspan was called, The Maestro. Greenspan was considered to...
Bear markets are shrinking. According to Leuthold Weeden Institutional Research, in a typical post-WWII bear market, the S&P 500 declined 30 percent over 15 months. By comparison, bear markets typically saw declines...
If you are a retail financial advisor at UBS and have client assets stuck in the auction-rate securities market, your new ad slogan might be: “UBS, You Are Pissed At Us.” That’s because the Wall...
The conflict of interest/mutual-fund scandal continues to play itself out. How does one win the trading business of a big mutual fund? Take some traders and executives to, say, the Super Bowl. Well, that was business...
There are some topics in this business that seem to pop up again and again. This month's cover story addresses one of them: The difference between registered reps (Series 7 holders) and investment advisor reps (Series...
Just about everybody and their brother has an opinion about the potential for a recession. Are we headed for one? Are we in one right now? Former Federal Reserve Chairman Alan Greenspan recently weighed in on the...