Investment News articles from April 2008

Investment News archives from April 2008

Housing sector may soon bottom out; But prices expected to stay low for a few years.(News)
April 7, 2008... Byline: Janet Morrissey Speculation is growing among analysts and home-building executives that the battered housing industry finally may be approaching a bottom, at least in terms of inventory of both new and existing homes. It could be...

Separate broker/adviser oversight, brokerage exec urges; Planners paid a fee should be considered investment advisers.(News)
April 7, 2008... Byline: Sara Hansard Brokerage firms and investment advisory firms perform very different functions, and the regulation of them should be kept separate, a Morgan Stanley executive said at a conference last week. "There are very big...

States blast Treasury plan; 'Blueprint' diminishes their authority in some cases.(News)
April 7, 2008... Byline: Dan Jamieson State regulators reacted negatively to the Department of the Treasury's "blueprint'' for financial restructuring. It appears to eliminate much of state enforcers' ability to pursue violations of federal securities...

How fees can trigger stealth taxes; Tax rules treat investment fees in a variety of ways, which might affect portfolios.(The Tax-Conscious Adviser)
April 7, 2008... Byline: Robert N. Gordon Since the tax laws are so complex, and often inconsistent, it's no wonder that the tax treatment of investment management fees varies widely. Consider investment management fees paid by a trust. The Supreme...

Wells Fargo, Sanctuary target wealthy in Bay Area; Growing families necessitate more complex planning, the firms contend.(News)
April 7, 2008... Byline: Charles Paikert New approaches to serving the increasingly complex needs of wealthy families were unveiled last week by two San Francisco-based companies, Wells Fargo & Co. and Sanctuary Wealth LLC. Wells Fargo & Co., which...

At the bell.
April 7, 2008... Dodd: Housing bill will target economic crisis A new compromise Senate housing bill will "deal directly with the epicenter of the economic crisis, which is the housing crisis,'' Senate Banking Committee Chairman Christopher Dodd, D-Conn.,...

IN events.(Short Interests)
April 7, 2008... April 22 Webcast: Transitioning to Retirement Income - How to Successfully Bridge the Gap from Accumulation to Income This program has been accepted by the CFP Board for one continuing-education credit. Panelists: John Ameriks, Brant M....

LETTERS.(Viewpoint)
April 7, 2008... Reverse-mortgage warning is incomplete, inaccurate Regarding the story in the March 17 issue, "More to reverse mortgage warning?'' there are at least three aspects of this warning that are incomplete or inaccurate. First, the Financial...

A poke from a piggy.(Short Interests)
April 7, 2008... Byline: Janet Morrissey This little piggy went to market. This little piggy went to a rally last Thursday in Los Angeles to protest tax breaks for home builders. The "piggies'' - a group of costumed protesters - demonstrated outside...

Weak U.S. dollar boosts prospects for lodging industry; Battered currency seen luring tourists, enticing investors.(News)
April 7, 2008... Byline: Janet Morrissey The weak American dollar - an object of hate and fear in the broader U.S. market - is being hailed as a godsend within the lodging industry during these tough economic times. Indeed, the battered currency is...

The week ahead.(Short Interests)(Calendar)
April 7, 2008... April 7 The Asian Development Bank will hold its 2008 Asian development teleconference from 2 p.m. to 2:40 p.m. ET. Consumer credit data for February will be released at 3 p.m. ET. April 8 The National Association of Realtors...

Study urges adult children to talk with their parents about finances; The 40-70 Rule campaign seeks to educate public, involve advisers.(News)
April 7, 2008... Byline: Andrew Coen Discussing finances with a parent can be challenging for adult children, but financial advisers can help start the difficult but necessary dialogue, according to a new survey. Nearly a quarter of the 1,000...

States lift restrictions on spending by endowments; Michigan, Vermont, Kentucky among those weighing looser restrictions.(News)
April 7, 2008... Byline: Sue Asci With the stock market in turmoil, a growing number of states are loosening restrictions that prohibit charities and other non-profit groups from spending money from endowment funds that have dropped in value. Most...

Henderson fund aims for concentration; International portfolio's assets double, reflecting strong interest from U.S. investors.(Street Wise)
April 7, 2008... Byline: Jeff Benjamin Having watched the as- sets under management in the Henderson International Opportunities Fund (HFOAX) double to $3.9 billion over the past year, manager Iain Clark is satisfied that the portfolio was positioned in...

... and a winning piggy bank.(Short Interests)
April 7, 2008... Byline: Andrew Coen If he has learned anything from the contest he won, Harrison Noh of Bloomfield Hills, Mich., probably socked away his prize: a $500 savings bond. The eighth-grader is the 2008 winner of the annual financial...

Regulatory reorganization won't fix incompetence issue; 'Blueprint' doesn't take action to challenge the major industry players.(News Analysis)
April 7, 2008... Byline: Dan Jamieson The Department of the Treasury's "blueprint'' for a new regulatory structure isn't a fix for the credit crisis. The problem isn't lack of coordination among multiple regulators, observers say, but an unwillingness...

Reform should focus on country's needs; Editorial.(Viewpoint)(Editorial)
April 7, 2008... Judging by the heated reaction of members of Congress, Wall Street, the insurance industry, the savings-and-loan and regional-bank industries, etc., Treasury Secretary Henry Paulson's plan to revamp the nation's financial regulation is pretty...

'New-product czar' needed, SEC commissioner says; But it could turn out to be just another silo, critics counter.(News)
April 7, 2008... Byline: David Hoffman SEC commissioner Paul S. Atkins is continuing his campaign for a "new-product czar'' to shepherd products through the agency's Byzantine approval process. That czar would be responsible for overseeing the...

Prime numbers.
April 7, 2008... Go figure 56%: The percentage of paper consumed in the United States during 2007 that was recovered for recycling. More than 54 million tons were recovered in all. Source: American Forest and Paper Association 108,287: The number...

Niche campaign begins.(Short Interests)
April 7, 2008... Byline: Lisa Shidler The Human Rights Campaign is launching a national campaign to address the unique financial issues that same-sex couples face. The campaign, titled "7 Days to a Better Financial You,'' which starts today and goes...

Hedge funds grew 14.5% in 2007; But the quality of the information is questionable, some say.(News)
April 7, 2008... Byline: Jeff Benjamin Despite the recent turmoil throughout the financial markets, the hedge fund industry appears to be alive and well, according to the latest calculations showing that the number of funds grew by 14.5% last year, but...

Small life settlements trouble regulators; Customers could end up worse off after a transaction, some fear.(News)
April 7, 2008... Byline: Darla Mercado Regulators and attorneys are worried that the expansion of the life settlement business into the world of small life insurance policies could harm some policyholders. Life settlement customers could end up both...

Ad spending by fund firms drops - again; 2007 marks second year of declines, with a 10% cut.(News)
April 7, 2008... Byline: Sue Asci Mutual fund companies, smarting from a dismal stock market environment, cut their fund advertising spending by nearly 10% last year, marking a second consecutive year of shrinking ad budgets. Overall, fund companies...

Advisers gear up to battle Treasury; They oppose its plan for Finra to regulate firms.(News)
April 7, 2008... Byline: Sara Hansard The financial advice industry's leading trade groups are preparing a counterattack on the Treasury Department's proposal to have investment advisers regulated by the Financial Industry Regulatory Authority Inc. ...

CASH FLOW IS KING IN EVALUATING A PRACTICE; Slower economy, market may dampen demand for advisory firms.(Round Table: Succession)
April 7, 2008... Byline: Charles Paikert he traditional rule of thumb for valuating financial advisory firms may be about as useful as a butcher's thumb on a scale, panelists at an InvestmentNews round table on succession planning contended last month. ...

ICI pushes for a global mutual fund model; Tax structure overhaul needed if U.S. funds are to compete, group says.(News)
April 7, 2008... Byline: David Hoffman If U.S. mutual funds are going to compete effectively in the international marketplace, a new global fund model needs to be created, according to the fund industry's leading trade group. U.S.-registered funds...

Grooming a successor, with or without help; B-Ds ramp up assistance; some advisers take college route.(Round Table: Succession)
April 7, 2008... Byline: Andrew Coen With the oldest baby boomers eligible for Social Security benefits this year, retirement planning is at full force at advisory firms, leading many to pursue succession planning through a broker-dealer in order to pass...

Insite 2008 Pre-Conference Guide.(Advertising Supplement)
April 7, 2008... Welcome - 3 Agenda - 4 Keynote speakers - 10 Practice management trends - 12 Exchange-traded funds - 14 Giving back by giving smartly - 18 The advisor of the future - 20

B-D execs take wait-and-see approach on Bear Stearns clearing unit; All eyes are on JPMorgan's level of commitment to business.(News)
April 7, 2008... Byline: Bruce Kelly ***** Correction: An article in the April 7 issue, "B-D execs take wait-and-see-approach on Bear Stearns clearing unit,'' incorrectly reported that First Allied Securities Inc. of San Diego clears through Bear...

Round-Table panelists.(Round Table: Succession)(Discussion)
April 7, 2008... From left to right: Vern Hayden, president of Hayden Wealth Management Group, Westport, Conn. Diane MacPhee, owner and president of DMac Consulting Services LLC, Manahawkin, N.J. Kristofor Behn, president and founder of Fieldstone...

Ways to value a practice have changed; To ensure the growth of the value of their firms, advisers require a well-thought-out plan.(Practice Management)
April 7, 2008... Byline: David Goad Too many financial advisers mistakenly rely on past notions of growth to measure the value of their businesses. The explosive equity market of the 1990s, which was interrupted by the technology bubble meltdown, was...

Latest version of eMoney 360 adds five modules; Release includes a new annuity income analysis tool.(Tech Update)
April 7, 2008... Byline: Davis D. Janowski The software vendor eMoney Advisor Inc. added five new modules to the latest version of eMoney 360, its suite of online financial planning tools. The vendor launched the new release, version 5.2, late last...

Corrections.(Correction notice)
April 7, 2008... In the March 24 article "Advisers focus more on health of insurance carriers,'' the ratings for Scottish Re Group Ltd. and Security Benefit Life Insurance Co. were incorrect. Standard & Poor's of New York had downgraded Scottish Re of Hamilton,...

Round table transcript.(Round Table: Succession)(Company overview)
April 7, 2008... The following is an edited transcript of the round-table discussion. Mr. Paikert: Let's start with an overview of the succession market. Mr. Tibergien: It's important to distinguish between succession and sale. Succession planning...

Closing quote.(Short Interests)
April 7, 2008... "When I had my stint with an advisory firm, my boss said, "There are two things you need: gray hair and hemorrhoids. The gray hair is to look mature and the hemorrhoids are to look concerned.'" -Mark Tibergien, chief executive of Pershing...

Estate planning for elderly pays off; Strategy can help a firm retain a family's asset.(News)
April 14, 2008... Byline: Darla Mercado Providing estate planning for elderly clients can be a profitable venture for financial advisers as long as they are willing to play the role of family mediator, some advisers say. Although baby boomers overshadow...

Value-at-risk models can be misunderstood; At large.(Viewpoint)
April 14, 2008... Byline: Michael Clowes I learned recently that I have an incorrect understanding of value-at-risk models, which many banks and Wall Street firms use to measure how much risk they are taking. And I suspect my misunderstanding was shared...

Despite uncertainty, boomers think big for retirement; 93% plan to travel, eat out once they reach age 70, survey says.(News)
April 14, 2008... Byline: Lisa Shidler Despite being unsure about whether they have saved enough, baby boomers are planning to pursue a multitude of hobbies during their retirement years. An online survey of 1,100 people 43 to 62 found that 45% were not...

Brokers who filed complaint face uphill fight; National Financial not to blame for issues with CMOs, some say.(News)
April 14, 2008... Byline: Bruce Kelly The five registered representatives who filed a $36 million arbitration claim against National Financial Services LLC, a giant in the clearing industry and business unit of Fidelity Investments, face a daunting task to...

GunnAllen and former executive claim victory in arbitration ruling; David McCoy, firm say decision vindicates 2005 dismissal.(News)
April 14, 2008... Byline: Bruce Kelly Both GunnAllen Financial Inc. and a former top executive are claiming victory after a lengthy arbitration battle that focused on whether the independent broker- dealer had the right to fire David McCoy, its former chief...

Economic downturn is hard on small businesses; Advisers work closely with entrepreneurs to weather the storm.(News)
April 14, 2008... Byline: Darla Mercado As the economy teeters into a recession and credit tightens, advisers are allaying the fears of their small-business clients. "There are different things you do for someone who is self-employed, versus someone who...

Mutual fund expenses held steady in '07; Cost of investing in funds may go up, say experts.(News)
April 14, 2008... Byline: Sue Asci The era of declining mutual fund expenses is over, and in fact, the cost of investing in a fund may soon be headed back up. The average asset-weighted expense ratio for investors in mutual funds last year was 0.9%, the...

Training uber managers.(Short Interests)
April 14, 2008... Byline: Aaron Siegel The CFA Institute and the University of Pennsylvania's Wharton School of Business have partnered to launch "Wealth Management in Practice,'' a program to help financial advisers manage the portfolios of clients with...

IN events.(Short Interests)
April 14, 2008... April 22 Webcast: Transitioning to Retirement Income - How to Successfully Bridge the Gap from Accumulation to Income This program has been accepted by the CFP Board for one continuing-education credit. Panelists: John Ameriks, Brant M....

The week ahead.(Short Interests)(Calendar)
April 14, 2008... April 14 Retail sales figures for March will be released at 8:30 a.m. ET. Business inventories data for February are slated for release at 10 a.m. ET. April 15 The producer price index for March is due out at 8:30 a.m. ET. ...

At the bell.
April 14, 2008... Import prices spike in March Fueled by a drastic jump of 9.1% in petroleum import costs, the price of imports increased 2.8% last month, according to the Department of Commerce. The bump in prices follows a more modest 0.2% increase in...

Barclays ads tout iShares - and advisers - to investors; Some wonder whether expensive campaign will 'push the needle' of awareness.(News)
April 14, 2008... Byline: Brooke Southall Responding to advisers who complain that the iShares brand means little to their clients, Barclays Global Investors is modifying its marketing. In addition to promotional efforts aimed at advisers, the San...

Firms bolster efforts to combat identity theft; Schwab, TD implement new technology plans to foil the bad guys.(News)
April 14, 2008... Byline: Brooke Southall As identity theft continues to wreak havoc on the American public, including those in the financial services industry, firms are rushing to patch up holes in their online defenses with the newest software and...

Sentinel launches two do-good mutual funds; Vermont firm revamping lineup after acquisition of Citizens Funds.(News)
April 14, 2008... Byline: Sue Asci Expanding into what some industry observers see as a significant growth area, Sentinel Asset Management Inc. last week launched two funds focused on socially conscious investing. The funds mark the 75-year-old...

Shareholders look to keep heat on executive pay.(Viewpoint)
April 14, 2008... This year's proxy season could be a pivotal one in the battle for improved corporate governance. More than 90 companies face resolutions demanding that shareholders be given a "say on pay.'' That is, shareholders are demanding the right to...

Deadline on taxes a greater menace for many advisers; Number of investors seeking extensions could be a record.(News)
April 14, 2008... Byline: Brooke Southall The April 15 tax deadline is looming with greater menace this year for financial advisers, accountants and their clients. Mutual fund investors are expected to owe a record-breaking $33.8 billion in taxes on...

Wealthy embrace online donations; More than half of donors prefer to give online, survey finds.(News)
April 14, 2008... Byline: Sue Asci Wealthy donors are more likely than ever to make a charitable donation of $1,000 or more online. In fact, in a recent survey of 3,443 affluent donors, 51% said they preferred to give online and 46% said they would...

LETTERS.(Viewpoint)
April 14, 2008... Plan sponsors have a fiduciary responsibility Well done on "Plan producers shy away from fiduciary insurance,'' an excellent, timely article in the March 24 issue. Plan sponsors had better get the message that they have a distinct...

BofA stresses philanthropy in managing wealth; Charitable giving is designed to support high-end clients.(News)
April 14, 2008... Byline: Charles Paikert Helping wealthy clients do good, as Bank of America Corp. sees it, is also a good way to do business with wealthy clients. "Philanthropy has become an integral part of the wealth experience,'' said Claire...

Consumers increasingly take loans from retirement plans; Fidelity Great-West, Merrill and T. Rowe report the same trend.(News)
April 14, 2008... Byline: Sue Asci With the economy deteriorating and prices for gas and heating fuel skyrocketing, consumers who are seeking new sources of cash are increasingly jeopardizing their retirement income by taking out loans from their retirement...

With candidates behind estate tax, chance of repeal seen as unlikely; McCain would would cut rates; Clinton, Obama would freeze them.(News)
April 14, 2008... Byline: Sara Hansard Estate tax reform is within reach, but efforts to repeal it appear dead. All three presidential candidates support the estate tax, but the changes they are proposing divide them along party lines. Currently,...

Mutual fund seeks diversification through ETFs; Young fund aims to be alternative to traditional asset allocation models.(Street Wise)
April 14, 2008... Byline: Jeff Benjamin The original thinking behind the development of the SmartGrowth ETF Lipper Optimal Growth Index Fund (LPGAX) was to create a viable alternative to traditional asset allocation models. In practice, however, the...

Tax-managed funds pique investor interest; Despite lure of stiffing IRS, election keeps them in limbo.(News)
April 14, 2008... Byline: Sue Asci Tomorrow is the deadline for filing income taxes, but investors are already thinking about ways to pay less next year - driving more to consider tax-managed mutual funds. If it looks as if taxes are going up, the...

Real estate moguls see opportunity in distressed debt; But purchasing private real estate is not attractive to them.(News)
April 14, 2008... Byline: Janet Morrissey Several of the country's biggest real estate moguls see opportunity in distressed debt, not bricks and mortar, in the current economic crisis and credit turmoil. They expressed those views during the New York...

Paulson's plan forgot the investors; Amid all the talk of regulatory reform, there is scant mention of fiduciary duty.(Fiduciary Corner)
April 14, 2008... Byline: Blaine F. Aikin On March 31, Treasury Secretary Henry Paulson released the Treasury's "Blueprint for a Modernized Financial Regulatory Structure.'' The report was prepared over the course of the past year and isn't some...

ETNs are enjoying steady growth; Exchange traded notes pose threat to ETFs, mutual funds.(News)
April 14, 2008... Byline: David Hoffman As more companies begin to offer exchange traded notes, it's beginning to look like the small but growing ETN universe could one day be a competitor to mutual funds and exchange traded funds. "ETNs are definitely...

Bush regulatory proposal a milestone; Other voices.(Viewpoint)
April 14, 2008... Byline: Christopher L. Davis The release of the Bush administration's comprehensive streamlining plans for regulation of our nation's financial services industry is a milestone event in almost 100 years of gradual but crucially important...

Seeking new blood.(Short Interests)
April 14, 2008... Byline: Darla Mercado If you are looking for a new career as a MassMutual insurance agent, the opportunity could just be a few mouse clicks away. Massachusetts Mutual Life Insurance Co. of Springfield, Mass., has unveiled a new website...

It's not just keeping up with inflation; For retirees, the chief concern is maintaining their standard of living.(Retirement Watch)
April 14, 2008... Byline: David Kelly For those heading toward retirement, the latest inflation numbers should be mildly reassuring. Consumer prices were flat in February. And while they rose 4.1% year-over-year overall, they were up only 2.3% if food and...

Advisers skeptical about screening companies for terrorist links; New indexes, ETFs will move concept into the retail sphere.(News)
April 14, 2008... Byline: Andrew Coen Screening companies for their ties to countries deemed sponsors of terror is a concept that seems to intrigue investors. But whether a company's ranking on a "terror-free'' scale will influence an individual investor's...

'Rep-as-adviser' programs on rise.(Short Interests)
April 14, 2008... Byline: Sara Hansard "Rep-as-adviser'' programs are gaining interest among brokerage firms as an alternative to the banned fee-based brokerage accounts, according to a report by Cerulli Associates Inc. Rep-as-adviser programs are...

Labor Department hears 401(k) providers on fee-disclosure regs; Funds and other service providers don't want to be plan fiduciaries.(News)
April 14, 2008... Byline: Sara Hansard Service providers to 401(k) plans should not be required to be fiduciaries of the plans, the Department of Labor is being told. The department, which is considering new regulations for disclosures, is listening to...

Prime numbers.
April 14, 2008... Go figure 0.7%: Wal-Mart's increase in same-store sales for the five-week period ended April 4, excluding fuel sales, with strong demand for groceries and flat-panel TVs. Source: Wal-Mart Stores Inc. 59%: The portion of the $125.1...

Errors can lead to unnecessary taxes; A failure to complete beneficiary forms properly can cause problems later on.(Investment Strategies)
April 14, 2008... Byline: David T. Phillips During my 36-year career as a financial adviser, I have evaluated and corrected hundreds of estate plans that if left unchecked would have subjected heirs to millions of dollars of unnecessary estate and income...

Corrections.(Correction notice)
April 14, 2008... In an article in the March 31 issue, "Carbon emissions trading becomes hot,'' the quote, "Pending legislation may force a market'' for Point Carbon, a research and consulting firm based in Oslo, Norway, should have been attributed to Greg...

TIAA-CREF's new CEO faces challenges; Despite improvements, efforts to woo advisers need work, some say.(News)
April 14, 2008... Byline: David Hoffman As Roger W. Ferguson Jr. takes the helm of TIAA-CREF today, he assumes control of a company that often frustrates financial advisers. His predecessor, Herbert M. Allison Jr., 64, brought a corporate sensibility to...

InvestmentNews Online Opinion Poll.(Viewpoint)
April 14, 2008... Previously, we asked you: Should all financial advisers be regulated by the Financial Industry Regulatory Authority Inc.? Yes: 48.3% No: 51.7% Respondents: 356 This week's question is: How confident are you in your...

Closing quote.(Short Interests)
April 14, 2008... "E-mail is far less caustic than getting 35 pieces of glossy mail that just gets tossed into the garbage and contributes to deforestation." -Yale Levey, managing director of Next Generation Wealth Planning LLC of Roseland, N.J., on contacting...

Lipper fund awards USA 2008.(Advertising Supplement)
April 14, 2008... Annual Lipper fund awards methodology - 2 Lipper fund awards 2008 U.S. fund family winners - 3 Defining an approach - 4 "A collegial meritocracy" - 5 Writing the book - 7 Lipper fund awards 2008 - U.S. classification award...

Refocus clients to big-grin goals; It gets them thinking of doing something they have longed to do.(Practice Management)
April 21, 2008... Byline: Kathleen M. Rehl Meeting with clients right now might not be much fun. Given the current mess on Wall Street, there's plenty of pessimism to pass around. So let's step away from typical investment strategies for a moment and talk...

Fair value isn't the culprit; it's the scapegoat in credit turmoil; Panel members argue against critics of the accounting method.(News)
April 21, 2008... Byline: Janet Morrissey Fair-value accounting isn't the culprit in today's credit turmoil, it is just the scapegoat companies are blaming for poor decisions they made, a panel of high-profile investor advocate groups said. Speaking at...

Harness the power of newsletters; A professionally prepared e-mail product can help bind advisers to clients.(Marketing Strategies)
April 21, 2008... Byline: Libby Dubick While nothing beats one-on-one communication with your clients, news-letters can be a good second-best. "It lets my clients know I still care about them and want to be involved in their lives,'' said Stephanie...

Lack of financial know-how wreaks havoc; Legislators renew calls to bolster financial literacy.(News)
April 21, 2008... Byline: Sara Hansard Poor financial literacy is partly to blame for the nation's economic woes, Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, said last week. "It was hard to get traction for public...

Other leaders?(Serving the Community)
April 21, 2008... This is the first in a series of profiles of financial advisers who are serving their community. If you would like to suggest an adviser who is making an outstanding contribution to his or her local community, e-mail Charles Paikert at...

XLR8 takes CRM online; Application brings Salesforce.com platform to advisers.(Tech Update)
April 21, 2008... Byline: Davis D. Janowski Advisers in the market for customer relationship management tools and aware of the popularity of giant Salesforce.com might be interested in examining XLR8 (pronounced "accelerate''). The application is the...

Paulson's fantasy kicks Main Street in the teeth; A reporter's view.(Viewpoint)
April 21, 2008... Byline: Charles Paikert Everybody is entitled to their own little fantasy, right? Usually, they are harmless if kept private. But when fantasies are made public - or worse, foisted upon the public - all bets are off. This month, Wall...

Doing and teaching.(Short Interests)
April 21, 2008... Byline: Janet Morrissey Those who can, do. Those who can't, teach, or so they say. But Ernestine Crews does both. Ms. Crews, a 19-year veteran in the real estate industry and a Los Angeles radio show host, this week is launching...

Online investing lags.(Short Interests)
April 21, 2008... Byline: Andrew Coen Online investing is lagging behind Internet banking when it comes to customer satisfaction, according to a new study. With a score of 75 out of 100, online investing scored seven points below banking, according to...

Embracing strategies based on derivatives; Some advisers turn to structured products for risk management.(News)
April 21, 2008... Byline: Jeff Benjamin A small but growing number of advisers are turning to derivatives-based strategies to help manage increased levels of market risk. The structured-products industry, which experienced a 78% increase in sales last...