Bank Investment Consultant articles from October 2005

Bank Investment Consultant archives from October 2005

Seizing Opportunities.
October 1, 2005... This issue's cover story explores what the largest banks are doing to lure new talent, encourage fee business and retain staff through the various permutations of deferred compensation. It also discusses how these banks are almost exclusively...

How Katrina Could Play Out in the Markets.
October 1, 2005... Although economists and Wall Street's investment strategists tend to view hurricane Katrina's impact as short-lived, the biggest U.S. natural disaster in memory may end up prolonging the hot real estate market. And, depending partly on just how...

ACN Launches No-Fee Mutual Fund Clearing Platform.
October 1, 2005... A new clearing firm focusing on mutual funds is coming to town. Advisor's Clearing Network (ACN) provides the consolidated records and technology support of a full-fledged clearing firm, without the clearing-related fees. With a rules engine to...

In The Know.
October 1, 2005... AIG SunAmerica Asset Management Corp. has launched its closed-end, multi-managed Focused Alpha Growth Fund. Marsico Capital Management is the fund's large-cap subadviser and chooses 10 stocks to account for about 65% of the portfolio. Baron is...

Tools & Resources.
October 1, 2005... The American College has rolled out the final course in the Chartered Advisor in Senior Living curriculum. HS 352 Financial Decisions for Retirement covers topics such as sources of retirement income, managing portfolios for older clients and...

Calendar.(Calendar)
October 1, 2005... Oct. 9-11 Financial Service Forum Society of Financial Service Professionals Phoenix * (800) 392-6900, or www.financialpro.org Oct. 17-18 Investment/Insurance Sales Management Workshop Bank Insurance and Securities...

Hitting the Jackpot: Jackson State Bank rep Judith Child Singleton is building a $200 million book serving affluent investors flocking to this resort town.
October 1, 2005... High-net-worth clients are the Holy Grail of the bank brokerage world-often talked about, frequently pursued, but rarely seen. There are many factors that play into this, including location, client demographic and so on, but product strategy is...

Money, Money, Money: Compensation plans are evolving in the bank channel, but often not fast enough.
October 1, 2005... As competition between banks and traditional brokerages heats up, the money banks are prepared to pay, and the forms of compensation they're offering, are expanding with every shift in this fiscal arms race. But while the mega-banks can shell...

Program Overhaul: How Altura's Michael Kormos is revamping the credit union's investment program from the inside out.
October 1, 2005... While the largest banks all now have investment programs in place, there still are many opportunities for aspiring program managers in the nation's community banks and credit unions. Michael Kormos, now vice president and program manager at...

Bridging the Generation Gap: Developing relationships with your clients' heirs can be a tricky, but well worthwhile.
October 1, 2005... As any financial planner will tell you, working hard to keep wealthy clients is worlds easier than finding new ones. Building relationships can take years, even decades. Too often, however, financial planners who cultivate and focus on these...

Style Counsel: This article is the fifth in a series of monthly columns presenting lessons from a certificate course offered by the Investment Management Consultants Association.
October 1, 2005... Once an investment adviser has developed a client's investment policy statement and designed a strategy for allocating the client's assets, the third step in the process is to recommend appropriate investment styles and vehicles. Investors can...

Advertiser Index.
October 1, 2005... College for Financial Planning 26 Exstream Software C3 ING 5, 7 Jackson National Life Insurance C4 800-777-7900 www.jnl.com Lincoln...

Planning for Gold: Financial advisers in California take on the challenge of a diverse West Coast demographic.
October 1, 2005... California, home to nearly 34 million people, is at once the center of the technology industry and a popular retirement destination, all of which gives area bank reps a lot to work with. Here's how Dan Bay, a Raymond James rep and vice...