Wealth Management Archives
Wealth Management
The True Cost Of College
Jul 1, 2010 12:00 PM, By Lynn O'Shaughnessy
The sticker price can be reduced, if you know how to do it....
Making The Golden Years Good
Jul 1, 2010 12:00 PM, By Kevin McKinley
Your Boomer clients may have to decide whether to continue working into their planned retirement. Here's how to help them think about it....
LoanMeMoney.com
Jun 1, 2010 12:00 PM, By Christina Mucciolo
Online social networking creates the peer-to-peer lending industry....
The Right School At The Right Price
Jun 1, 2010 12:00 PM, By Lynn O'Shaughnessy
Families With Teenagers Need More Than Simple 529 Plan Advice. ...
The Ultra Wealthy Have A Gloomy Outlook, Keeping A Careful Eye on Their Portfolios 
May 24, 2010 7:00 PM, By Halah Touryalai
The financial crisis left some serious emotional scarring on the ultra rich. In fact, they trust the government less since the downturn, and believe the U.S. and global economies will continue to deteriorate, according to a recent Barclays Wealth survey....
The Art Of The Referral
May 19, 2010 11:52 AM, By Anne Field
Asking for referrals—and getting them—can be as natural as any other part of your business m.o. But it can’t be an after-thought. It requires a well thought out, soup-to-nuts strategy, one that makes you—and your clients—more comfortable with the process....
No-Load Annuities Gain Momentum
May 18, 2010 10:49 AM, By Alan Lavine
As more wirehouse registered reps join RIAs or start their own, as income tax rates rise, and as Baby Boomers continue their march into retirement, expect investments in no-load variable annuities to grow. ...
Congress Mulls “Prepaid” Estate Tax
May 14, 2010 12:01 PM, By Jerry Gleeson
Legislators in Congress are reportedly considering creating a kind of Roth IRA version of the estate tax. On The Money, a blog of the congressional newspaper The Hill, this week said lawmakers are considering whether to let taxpayers have the option of paying estate taxes in advance so they don’t owe that money when they die. ...
IRAs Overtake 401(k)s in Asset Race
Apr 28, 2010 11:36 AM, By Jerry Gleeson
Advisors, take note. IRA rollovers are picking up steam in the U.S., creating an opportunity to expand your share of Baby Boomer assets. Cogent Research plans to release a report next week showing that wealthy investors in the county are holding more assets in IRA accounts than in employer-sponsored 401(k) and 403(b) plans. It’s the first time that IRAs have outpaced workplace retirement plans since Cogent began tracking allocations in 2006....
UBS Retail Brokerage Nearing a Turnaround?
Apr 14, 2010 10:25 AM, By John Aidan Byrne
UBS's American retail advisory business is still losing client assets. But some see a turnaround this year....
Pay It Down Slowly
Apr 1, 2010 12:00 PM, By Kevin McKinley
Making minimum payments on your mortgage, and even taking out a new mortgage, might be a wise idea in this economy....
Waiting on McCann’s Plan for UBS
Mar 30, 2010 1:28 PM, By John Aidan Byrne
The renewal plan for turning around the asset-gathering-challenged UBS Wealth Management Americas should be released within two weeks....
Pay It Down Slowly
Mar 29, 2010 3:24 PM, By Kevin McKinley
Making Minimum Payments on Mortgages Might Be Wise in This Economcy....
McCann Is the Man at UBS; Name Change to PaineWebber?
Mar 15, 2010 5:15 PM, By John Aidan Byrne
The much-anticipated revival plan for UBS Wealth Management Americas will cap off a series of recent organizational changes garnering support from an important constituency: advisors at the beleaguered brokerage, Registered Rep. has learned. ...
Dodd to Introduce Financial Regulatory Overhaul Bill Monday, without Republican Support
Mar 11, 2010 11:01 AM, By Kristen French
Senator Christopher Dodd plans to introduce his financial regulatory reform bill Monday without Republican support. He’s still hopeful that negotiations with Senator Bob Corker (R.-Tenn.) will succeed, however, he said in a statement Thursday morning. Previous negotiations with Senator Richard Shelby (R.- Ga.) fell apart last month. ...
New RIA Custody Rules In Force Friday
Mar 10, 2010 1:47 PM, By Jerry Gleeson
New rules aimed at preventing registered investment advisors from pulling off ponzi schemes take effect Friday. Among other things, RIAs firms that hold clients assets in custody will be required to undergo annual surprise audits, conducted by independent public accountants. ...
Uniform Fiduciary Standard Still A Question Mark
Feb 17, 2010 6:36 PM, By Kristen French
Senator Tim Johnson (R- S.D.), incoming Senate Banking Committee Chair, began floating an amendment last week that would eliminate from Senate regulatory reform legislation the application of a fiduciary standard to investment advice provided by brokers. Instead, Johnson’s amendment calls for an 18-month SEC study on the fiduciary issue. But some say it may just be a negotiating tactic....
Fidelity Cedes Top “Distributor” Spot to Schwab In Client Survey
Jan 21, 2010 5:47 PM, By Christina Mucciolo
Affluent investors rated Charles Schwab the number one “distributor” or brokerage firm, bumping Fidelity into second place, according to Cogent Research’s recently released 2010 Investor Brandscape report. ...
It's A Family Thing
Jan 1, 2010 12:00 PM, By Halah Touryalai
Turns out, most investors would probably turn to their friends and family before getting in touch with you for financial advice. ...
Hidden Treasures
Jan 1, 2010 12:00 PM, By Kevin McKinley
Here are a few strategies for uncovering assets and benefits your clients may not have even known about....
Principal-Protected Notes Not So Protected, FINRA Says.
Dec 29, 2009 11:42 AM, By Halah Touryalai
Principal-Protected Notes are anything but protected FINRA says, and the SRO wants to make sure brokerages are making that clear to investors....
FT Names Blankfein Person of the Year, Why Not You, the Retail Financial Advisor?
Dec 28, 2009 10:54 AM, By David A. Geracioti, VonAldo.com
You gotta love Lloyd Blankfein, it’s true. The Financial Times on Thursday named him its Person of the Year because: “He has led for three years, not only navigated the 2008 global crisis better than others on Wall Street but is set to make record profits and pay up to $23bn in bonuses to its 31,700.” But what about the cohort of retail financial advisors who gather assets and, in general, don’t blow up firms? more…...
Schwab Survey Shows Many FAs at Big Firms Disgruntled (Surprise!)
Nov 20, 2009 10:05 AM, By David A. Geracioti, VonAldo.com
A Schwab survey, released this morning, shows 59 percent of financial advisors at major full-service firms like the idea of going independent. ...
Merrill Integration Ahead of Schedule, Says Lewis
Nov 10, 2009 11:14 AM, By David A. Geracioti, VonAldo.com
Yesterday, The New York Post reported that Merrill Lynch advisors are annoyed by Bank of America’s efforts to get them to offer their clients BoA checking accounts, mortgages and other retail-banking products. Today, the Wall Street Journal reports that Ken Lewis says everything is fine, that the integration of Merrill into BoA is “ahead of schedule.” ...
ING Broker-Dealers Sold to Private Equity Firm
Nov 3, 2009 3:10 PM, By Halah Touryalai
The anticipated sale of the ING broker/dealer network was made official early this morning as the struggling Dutch parent company shed the three independent firms to a private equity firm for an undisclosed amount....
