Since markets hit bottom in the spring of 2009, hedge funds have been reviving. But the structure of the industry has changed dramatically. While hedge funds once catered primarily to wealthy individuals, now the main clients are pensions and...
These are the times that try men's souls. -- Thomas Paine
Tom Paine should have been a financial advisor. Attempting to bolster the spirits of Continentals after a retreat from a superior British force in the winter of 1776, Paine wrote, “The...
Product development in the retirement income space has exploded, and for good reason. With about 77 million Baby Boomers coming up on retirement, advisors will have to deal with a larger pool of clients transitioning from the asset accumulation...
S&P’s downgrade isn’t the problem, say wealth management and family office executives; it’s worse than that. The problem is the nations’ underlying structure of political, economic and fiscal problems—they are a legitimate cause for long-term...
“The markets are oversold and have dropped too far, too fast, especially in light of fairly solid fundamentals,” said Terry Morris, senior equity manager at National Penn Investors Trust Company, a division of National Penn Wealth...
