September 1, 2009
Cover Story
J' Accuse!
Sep 1, 2009 12:00 PM, By Christina Mucciolo
In its zeal to root out bad brokers, the new FINRA rules might force firms to nail some good guys...
Features
You Can Open a Bank
Sep 1, 2009 12:00 PM, By John Churchill
Starting your own bank is laborious but profitable...
The Branch Manager Squeeze
Sep 1, 2009 12:00 PM, By Susan Konig
Consolidation of offices, declining pay and increasing compliance work make the branch office manager job a lot less attractive these days...
The 0% Return
Sep 1, 2009 12:00 PM, By AndrÉ Cappon, Guy Manuel, Stephan Mignot and Seth Varnhagen
Despite what Ibbotson charts show, retail investors—your clients—on average make very little money off their investments—and your advice...
Special Report: Top 100 Wirehouse Advisors in America
One Tough Year
Sep 1, 2009 12:00 PM
The industry’s biggest players are managing less money this year, but they remain focused on their clients and better times ahead...
The List: Top 100 Wirehouse Advisors in America
Sep 1, 2009 12:00 PM
Ranked by assets under management...
Recruiting Games
Sep 1, 2009 12:00 PM, By Halah Touryalai
Plenty has changed at wirehouses recently—except for the level of recruiting deals. Wirehouses continue to offer major upfront money (and some extras) to top producing advisors...
Investing
Fundamentally Yours
Sep 1, 2009 12:00 PM, By Stan Luxenberg
Fundamental indexes attempt to outsmart the market. How are they doing?...
How You Doin'?
Sep 1, 2009 12:00 PM, By John Aidan Byrne
Do your clients know whether you add value to their portfolio returns? They will soon...
Managing Managed Futures
Sep 1, 2009 12:00 PM, By Ryan Davies
Managed futures have been getting a lot of attention lately. Here’s what you should know before you consider them for clients...
The Practice/Opinion
The Importance of Client Service
Sep 1, 2009 12:00 PM, By John Churchill
According to advisors and management, clients aren’t getting the service they deserve...
A Look Back, A Step Forward
Sep 1, 2009 12:00 PM, By Dr. Alden Cass
The past 12 months have been an emotional roller coaster for most financial advisors. But optimism is creeping back. Now is the time to get back on track...
The Inner Game: The 10 Affluent Commandments
Sep 1, 2009 12:00 PM, By Matt Oechsli
The financial advice game may have changed, but here are some old standbys that are essential for working with the affluent...
Career Moves: The Call of Independence
Sep 1, 2009 12:00 PM, By Mindy Diamond
In the last nine months, the number of wirehouse advisors moving to an independent firm has grown as switching within the wirehouse channel has slowed...
Street Legal: On Borrowed Time
Sep 1, 2009 12:00 PM, By Bill Singer
Why isn’t the word getting out on this FINRA rule?...
Endpiece: Recess Equals Success
Sep 1, 2009 12:00 PM, By Eric Singer
How much money did your clients lose last year? As has been well documented, investors lost trillions of dollars in 2008. It didn't have to be this way...
Edit Letter: False Accusations, A Word About Our Cover Art
Sep 1, 2009 12:00 PM, David A. Geracioti Editor-In-Chief
How do you ferret out unscrupulous financial advisors and bar them from ripping off the public? It sounds fairly easy, actually. After all, the securities...
Reports
Advisor Shuffle
Sep 1, 2009 12:00 PM, Halah Touryalai
RIAs and regional broker/dealers are gaining market share in the wealth management game...
The Bigger They Are, the Harder They Fall
Sep 1, 2009 12:00 PM, By Halah Touryalai
Sure, stocks have been on a tear since March. But the S&P 500 is still off by 7 percent over the last 12 months. Not surprisingly, assets held at wealth...
Blotter, September
Sep 1, 2009 12:00 PM, John Churchill
Brokers Facing Life in Jail: Eric Butler, a 37-year old former Credit Suisse broker, was convicted in August of fraudulently selling hundreds of millions...
Advisors Are Going Independent
Sep 1, 2009 12:00 PM, David A. Geracioti
The independent channel has long been advertised as The Next Big Thing. With its 95,000 or so advisors, the independents are the largest subset in the...
Goldbricking Consumers
Sep 1, 2009 12:00 PM, Christina Mucciolo
According to London's Daily Telegraph demand for gold has fallen to a six-year low, and jewelry buyers and electronic producers might be to blame. Buyers...
Class Act
Sep 1, 2009 12:00 PM, Halah Touryalai
Should Wall Street's wirehouse foursome be getting ready for another round of broker-driven class action lawsuits? According to Mark Thierman, yes, they...
Comings & Goings
Sep 1, 2009 12:00 PM, Halah Touryalai
Benjamin F. (Tad) Edwards hired Michael Petiford and Tim Reese from Wells Fargo to join his newly formed St. Louis-based broker/dealer. Edwards is the...
Look Out Below
Sep 1, 2009 12:00 PM, John Churchill
Bears have become increasingly confident that the current equity market rally 49 percent in the S&P 500 from the March trough is due for a substantial...
Correction
Sep 1, 2009 12:00 PM
In a story titled Picking an RIA that ran in our August issue, we incorrectly stated that HighTower Advisors managed $3 billion in client assets. In fact...
