The short answer, is probably yes, at least for a while. Registered Rep. columnist and professional recruiter Mindy Diamond, of Diamond Consultants, has written a must-read article for any advisor who is thinking about switching firms. She...
If you've got clients who have had a rough couple of years income-wise, now might be the time to dump that old, annoying spouse. According to Crain's New York Business, bankers and other financial types who suffered in 2008 and 2009, this is the...
You would think so, judging from a story in today's New York Times, the house organ of the left wing of the Democratic party. This story tells the same old saga: Wirehouses are all sales and no financial planning. Funny thing, I know a slew of...
You really can't make this stuff up. It's as if Bernie Madoff has replicated himself everywhere...
I have long respected the research (and performance) of the Leuthold Group. Value by disposition, quantitative by discipline, Steve Leuthold --- who correctly called the market bottom in this magazine in 2003 --- said in a research note published...
It's about time that Charles Rangel (D-NY) steps down from his post as chairman of the House Ways and Means Committee. It is really perverse that the man who heads up the House's most powerful committee (the one that writes tax legislation) should...
Want to "socialize" with other financial advisors? Discuss how to sell your book? Have a question about marketing yourself to high-net-worth investors? These and many more topics are being discussed right now on RegisteredRep.com's Advisor Forums.
A friend of mind just wrote me: "I was just told by the head of distribution at a major fund company that Citi is going to sell its hedge fund unit to Skybridge Capital and that Skybridge is going to turn the unit into a 1099 fund of funds...
The world of the Lehman spouse sounds horrible. Sure, you get fancy clothes, extravagant dinners, cars and trips. But the price seems excissive --- since the firm literally owned its employees and their families. Indeed, executives were pressured...
