This month we're pleased to feature a piece by Joshua Brown, a financial advisor, a blogger (TheReformedBroker.com) and, well, industry gadfly. On page 31, we adapted a chapter from his forthcoming book about financial products to avoid. The book...
At a college workshop that I conducted recently in San Diego, I asked the dozens of parents in attendance to guess what percentage of high school seniors got accepted into their No. 1 college. Six percent, blurted out one dad. Before I could...
Don’t write off merger and acquisition activity for the registered investment advisor market in 2012 yet. Sure, market volatility and foggy economic prospects dampened dealmaking last year, according to Schwab Advisor Services. Those conditions...
Contributions to Fidelity Charitable, the custodian and discount brokerage’s donor advised fund, hit a record of nearly $2.9 billion last year, the fund says. And the influence of financial advisors in managing their clients’ money appears to be...
Much of the talk at the Financial Services Institute’s OneVoice 2012 conference in Orlando is about the challenge independent broker/dealers face by allowing advisors to have their own registered investment advisor. During a Tuesday panel session...
Although it's just a few blocks from raucous Times Square, the Manhattan branch office of HighTower, on the 12th floor of a Fifth Avenue skyscraper, is silent as a corporate library. But that silence belies a whirl of activity. One morning in mid...