Bank Investment Consultant articles from December 2008

Bank Investment Consultant archives from December 2008

Correction.(UpFront News)(Correction notice)
December 1, 2008... Greg Gunderson is president of Investment Centers of America; Bern Mahon is Raymond James program manager and president of Union Investments at Union Bank. We regret that both were incorrectly identified in our last issue.

Change Is Good.(BankInvestmentConsultant.com)
December 1, 2008... There's a lot going for you to check out at bankinvestmentconsultant.com this month. In addition to targeted industry news on our homepage, we're launching a blog to keep you up to date with some of the quirkier happenings in our industry,...

TOP 50 REPS.(Cover Story)(Company overview)
December 1, 2008... We're proud to introduce you to BIC's third annual ranking of the best bank-based advisors in America. The field was especially challenging this year as we received over 200 nominations, all from deserving candidates. We selected winners not...

Investing's Keystone.(Branching Out in Pennsylvania)
December 1, 2008... BIC: What new opportunities are opening up in your territory? Larsen: We're a community bank in the Pocono Mountains where a lot of people have been retiring from the big cities, so I deal with a lot of rollovers. Plus, commuters can afford...

Miracle Makers.(Editor's Note)
December 1, 2008... A hearty congratulations to the winners of BIC's third annual Top 50 Bank Reps. You've certainly had your work cut out for you these past few months. You deserve extra kudos for hanging in there with your clients and addressing their concerns...

If We Did Invest... Some strategists see opportunities to take advantage of hammered markets and a fractured economy.(Investing)
December 1, 2008... Byline: Dave Lindorff Being a financial advisor NOW is a bit like being a doctor during a flu epidemic: People clamor for your help, but the advice you have to offer-take it easy, drink lots of fluids and it will all get better-doesn't...

New Products.
December 1, 2008... MUTUAL FUNDS IVA Worldwide Fund and IVA International Fund International Value Advisers (866) 941-4482 ivafunds.com Riverfront Long-Term Growth Fund (RLTSX) Robert W. Baird and Riverfront Investment Group (800)...

Higher Loan Limits for Reverse Mortgages.(UpFront News)
December 1, 2008... Byline: Howard J. Stock On Nov. 6, new regulations officially raised the maximum amount that homeowners, age 62 years or older, can "borrow" by selling their homes back to the bank. The new law, H.R. 3221: Housing and Economic Recovery...

Advisors Act To Calm Clients.(UpFront News)
December 1, 2008... Byline: Matt Ackermann, American Banker Advisor confidence in the economy and stock market sank last month for the second consecutive month, according to Rydex AdvisorBenchmarking, a Rockville, Md., unit of Rydex Investments. The Advisor...

Don't Miss the Roth IRA Boat.(UpFront News)
December 1, 2008... Byline: Howard J. Stock There's little doubt that the next administration will have to raise taxes to cover mounting federal deficits. This is bad news for your clients. It's also the reason why you should raise the topic of Roth IRAs with...

How VAs Could Overcome Their Bad Rap.(UpFront News)
December 1, 2008... Byline: Howard J. Stock It's a sorry tale: Around half of retirees age 55 to 75 with $100,000 or more in assets don't have a financial advisor, haven't planned for expenses in retirement and don't have a strategy to create sustainable...

Banks Boost Ad Spending Amid Cuts.(UpFront News)
December 1, 2008... Byline: Kevin Dobbs, American Banker Reports of job losses at banks are rife, but one area most aren't cutting is ad budgets-in fact, many are bolstering their marketing efforts to capitalize on public unease. And it seems to be working....

Buried Treasure; Natural gas deposits are turning poor farmers into instant millionaires. Advisor Scott Rickard wants to help them manage it.(Producer Profile)
December 1, 2008... Byline: Howard J. Stock It may be straight out of The Beverly Hillbillies, but it's a real-life story. Scott Rickard, an Invest rep at Wayne Bank in Honesdale, Pa., is building his clientele among once-struggling rural dairy farmers whose...

Automatic Touch; How Google can help you put high-quality client contact on auto pilot.(Driving Sales)
December 1, 2008... Byline: Bob Cobb The ideal business has both effective client touches and is highly efficient. Google can make this very easy to do and I'll show you how. In the old pre-Internet days when I was an advisor, I occasionally used a news...