April 1, 2009
Cover Story
When Bad Firms Happen to Good Advisors
Apr 1, 2009 12:00 PM, By John Churchill
An alleged Ponzi scheme conducted and contained among a few top executives at The Stanford Financial Group was not in the plans for the 200-plus financial advisors who moved their careers and their clients’ fortunes to the firm. Could it have been avoided?...
Features
Caught In The Crossfire
Apr 1, 2009 12:00 PM, By Christina Mucciolo
Proposed legislation aimed at restricting the use of independent contractors for labor and tax purposes is back on the federal to do list. Independent broker/dealer executives are worried the legislation could put them out of business...
Bulking Up
Apr 1, 2009 12:00 PM, By Halah Touryalai
Regional broker/dealers are raking in wirehouse brokers who like the full-service model, but not the drama unfolding at their Wall Street firms. The recruiting bonanza is changing the economics of a channel that has been shrinking for years...
Investing Special Report: Mutual Funds
In Praise Of Market Timing
Apr 1, 2009 12:00 PM
There was not much to celebrate in 2008 and very little so far in 2009. One thing we did learn in spades recently: In down markets, asset classes tend to be correlated...
Heretics in the Church of Diversification
Apr 1, 2009 12:00 PM, By Stan Luxenberg
When everything is overvalued, chucking whole asset classes is not the same thing as market timing...
Bright Spots
Apr 1, 2009 12:00 PM, By Stan Luxenberg
Not every fund is suffering huge cash outflows...
Luck Versus Talent
Apr 1, 2009 12:00 PM, By Nate Wendler
Much has been made of Miller’s recent underperformance. Is Miller a genius who has temporarily gone cold? Or was he just lucky—for 15 years?...
A Vicious Circle
Apr 1, 2009 12:00 PM, By Stan Luxenberg
Losses beget redemptions, which can beget more losses—and more redemptions...
The Practice
Trust is Sexy Again
Apr 1, 2009 12:00 PM, By Anne Field
With the market and Wall Street’s reputations in tatters, clients are fleeing former high-flying financial powerhouses and flocking to banks and trusts - those boring firms of yesteryear...
Roth to Riches
Apr 1, 2009 12:00 PM, By Kevin McKinley
With tax rates bound to go higher in coming years, it may make sense for your clients to convert part of an IRA to a Roth...
You Don't Know Jack!
Apr 1, 2009 12:00 PM, By J. Phil Buchanan
Niche marketing involves much more than just picking a niche to target...
The Inner Game: Prospecting Alert
Apr 1, 2009 12:00 PM, By Matt Oechsli
It's the perfect time to prospect, plus it will get you out of your defensive rut...
Career Moves: Take the Best, Leave the Rest
Apr 1, 2009 12:00 PM, By Mindy Diamond
Switching firms can be a great time to get rid of your most troublesome - and least lucrative - clients...
Street Legal: Let’s Go to the Tape!
Apr 1, 2009 12:00 PM, By Bill Singer
There is no hitting pause once the Taping Rule starts...
Endpiece: The Puzzler #13
Apr 1, 2009 12:00 PM, By John Kador
Think you’re smart? Try these brainteasers that recruiters use in actual job interviews...
Reports
Naughty Or Not: SEC to Contact Your Clients
Apr 1, 2009 12:00 PM, By John Churchill
In an effort to catch future Madoffs before they strike, the SEC would like to ask your clients a few questions. Over-the-top government meddling or simply a good idea?...
Blotter
Apr 1, 2009 12:00 PM, By Kristen French
Decoy Client Sometimes a fake client is an advisor's best friend, unless, that is, the advisor gets caught...
Charticle: The Art Of Pricing Illiquidity
Apr 1, 2009 12:00 PM, By Nate Wendler
More writedowns on the way...
Comings & Goings
Apr 1, 2009 12:00 PM
The Securities and Exchange Commission hired Julie Zelman Davis as deputy director of the agency's Office of Legislative and Intergovernmental Affairs...
Forbes Billionaire Indicator
Apr 1, 2009 12:00 PM, By John Aidan Byrne
For many of the staggeringly wealthy types tracked by the Forbes list, 2008 sucked...
Cold Call
Apr 1, 2009 12:00 PM, By David A. Geracioti
Chad Coe, Deerfield, Ill. Coe Financial Group, First Allied...
Correction
Apr 1, 2009 12:00 PM
In our January cover story about how the credit crunch had dampened RIA M&A activity, we said that 20 percent of National Financial Partners' acquired...
