One way to prepare for rate rises—without sacrificing much long-term performance—is to consider solid short-term bond funds that pay relatively rich yields.

...

“The thing that’s really dead is the conventional wirehouse packaged product.”

...

Morgan Stanley’s managing director of wealth management, Doug Ketterer, 48, on the benefits of having an investment shop in your DNA, the myth of the breakaway broker and training the next generation of advisors.

Head of UBS’ wealth management division, Bob Mulholland, 61, on how the industry has changed, the merits of being small and why he detests the term wirehouse.

...

John Thiel, head of Merrill Lynch’s ‘thundering herd’ of advisors, on Wall Street’s reputation, advisor productivity, and why the wirehouse model of wealth management is here to stay.

WealthManagement.com chats with Todd Munn and Gregg Loprete, portfolio managers with Water Island Capital and The Arbitrage Funds