The proposed FINRA rule would change current practice-which renders arbitrations a virtual black box in which the arbitrators need not explain how they decide a case....
Wives of two senior Bear Stearns investment bankers cancelled pricey interior-design contracts just two days after the firm announced its sale to J.P....
Registered Rep: If you weren't an advisor, what could you see yourself doing? Timothy Halls: Teaching. I get to do a lot of that as an advisor, and I...
Alden Cass is a clinical psychologist who specializes in financial-services employees. Below, the Stock Doc speaks. Registered Rep.: In your book, Bullish...
Diamonds Aren't Forever The SEC charged 11 people, and three companies, for allegedly conspiring to illegally issue and sell unregistered stock in a diamond...
When it comes to company earnings estimates, analysts tend to be optimistic. The U.S. is probably in the midst of a recession, spurred by the credit crunch,...
Below is the transcript of an affidavit from a case in which Bear Stearns attempted to impose a temporary restraining order on departed broker Doug Sharon....
Wall Street Warriors is now casting for its third season, and it's looking for warriors like you. Radius Productions wants four to five men and women...
Johnne Syverson, co-founder of RIA firm Syverson Strege & Company, in West Des Moines, Iowa, has been outsourcing money-manager selection and portfolio...
New York City's Independent Budget Office estimates that the city could lose over 20,000 jobs in the financial sector over the next two years as the mortgage...
If any industry could use a dose of optimism right now, it's financial services. And for the men and women who toil every day on behalf of their clients,...
AIG SunAmerica Retirement Markets, Inc., named Greg Blackwell western division sales manager for the Polaris Financial Services Division. Fidelity's National...
Are closed-end fund preferred-auction securities safe? We consider CFPs to be the conservative's conservative security. Defaults are even rarer than failed...
In July 2007, his firm, Bear Stearns, announced that two of its flagship hedge funds had collapsed. Not surprisingly, clients weren't too happy about...
John Ritter is an unusual case, but he may also be a harbinger of things to come. A fee-only advisor with Ritter Daniher Financial Advisory, an RIA in...
Dodge & Cox is not famous for making dramatic contrarian moves. Instead, the company's funds have become popular by following cautious strategies, such...
During the heyday of paper assets, stockbrokers regularly lorded over their commodity-dealing brethren. It wasn't personal, mind you, just the nature...
Nationwide Communications' owner and president Jim Usher knew his firm's finances were in a tangle. But like most small-business owners, he didn't have...
Given a choice, most of your clients would rather pay for their kids' college education from accumulated savings or an overabundance of current income...
May 1, 2008 12:00 PM, David A. Geracioti Editor-In-Chief
In September 2006, an SEC official gave a remarkably prescient speech to an obscure organization (well, obscure to me, anyway). Martha Mahan Haines, chief...
On April 28, 2003, the SEC, the NASD, the NYSE and various states announced a $1.4-billion landmark settlement with 10 of Wall Street's largest broker/dealers...
There was a time, not too long ago, when for many a tenured financial advisor, graduating to a branch-manager position was the ultimate aspiration. It...
Let's take a contrarian viewpoint regarding success. Much has been written about the typical qualities required for success. (In fact, I covered those...
Despite current laws that reduce the estate-tax bite, survivorship life insurance is making a comeback as an estate-planning tool among some advisors....
A Partner in an independent firm in Arizona, Paul Ahern wants to hire a few more advisors to help expand the practice. But he's having trouble finding...
Smart decisions are based on more than government statistics, agency reports, news releases, interest rates and stock quotes. We've selected a few fascinating...
Are closed-end fund preferred-auction securities safe? We consider CFPs to be the conservative's conservative security. Defaults are even rarer than failed...
Wall Streets Bull and How to Bear It
"There are two requirements for success in Wall Street. One, you have to think correctly; and secondly, you have to think independently." - Benjamin Graham. "Wall Street's Bull and How to Bear It" was written to encourage a strong commitment between investment advisors and their clients. The book identifies a unified set of core beliefs that advisors and their clients should share....
