When his career as a financial advisor ended in May, Norman Pappous took up a new line of work evaluating the investment performance of his former peers. Pappous transformed himself from a retail financial advisor into something like a classic...
There is a growing chorus of analysts and money managers who say that China is bubble that is bound to pop. Morgan Stanley analyst Andy Xie wrote in a research report released Monday that a Chinese asset bubble will most definitely burst in the...
In business succession and estate planning involving a closely held business, employee stock ownership plans (ESOPs) should be one of the prime planning alternatives considered. Unfortunately, they rarely are. That's probably because ESOPs are...
There are an estimated 3,000 single-family offices (SFOs) based in the United States1 and, according to a recent survey by the Wheaton, Ill.-based association Family Wealth Alliance, the number one concern for many is sustainability: Will the...
AGE: 70 POSITION: Chairman, Co-Founder, Grantham Mayo, Van Otterloo (GMO) LOCATION: Boston Education: University of Sheffield; Harvard Business School Until recently, the 70-year-old co-founder of institutional money manager, Grantham Mayo Van...