If electronic-trading pioneer and philanthropist Bernard Madoff was such a convincing fraud, how can your clients trust you? You’re all potential Madoffs now....
State Street has been quietly growing for almost a decade, and it’s now number three in the custody business. Schwab and Fidelity had better watch out....
Note to President Obama: Learn from FDR’s mistakes. A conversation with author Amity Shlaes, author of The Forgotten Man, a narrative about how the New Deal actually inhibited economic recovery....
Ponzi, Ponzi Everywhere: The SEC either has a coincidental backlog of Ponzi scheme cases closing in the wake of Bernard Madoff, or the agency has put...
Fidelity named Peter Cieszkoas as president of Fidelity Investments Institutional Services Company. Cieszkoas was formerly president and chief executive...
For the past half-decade or more, financial advisors have been shifting from commissions to fees as they seek steadier revenue flows, pursue greater flexibility...
Here's something that may get Smith Barney advisors' blood boiling: Former CEO and Chairman Sandy Weill is still enjoying his 10-year employment agreement...
Ringing in at roughly $170 million, President Barack Obama's inauguration bash was the most expensive ever, according to The New York Times. The inaugural...
It was yet another cold and rainy January morning in New York City and the NYSE's morning bell would not be rung for another hour. I sat in my office...
How to help clients calculate and maximize the amount of money available to pay for higher education expenses by encouraging parents to apply for financial aid....
Feb 1, 2009 12:00 PM, David A. Geracioti Editor-In-Chief
When you read the 2005 Markopolos letter to the SEC, which warned the regulator about Bernard Madoff, what jumps out at you is how many professionals on Wall Street were actually suspicious of Madoff's business. ...
The American Dream Planner is designed to develop and stress- test wealth accumulation, management and transfer choices. The software accepts unlimited investments, tax deferred accounts, real property and business interests, income and expenses. Plans can include Trusts (Bypass, Marital, ILITs, CRTs, GRATs), SCINs, marketability and minority interest discounts and other techniques with income, gift and estate tax calculations. Data rich and interactive pie, line and bar charts and tabular data and mail merge provide a source for customizable reports. All versions can share encrypted data. The Personal Edition is intended for individuals with current estates of less than $3-5M. ...
