Investment News articles from July 2008

Investment News archives from July 2008

Muni experts tell investors to hang on to their bonds; Think long-term and hold them to maturity, they say.(News)
July 14, 2008... Byline: Darla Mercado Municipal bond experts are telling investors to hold on to their bonds despite a bubble that has emerged for top rated bonds. These securities are experiencing a bubble after a rally in May and a sell off in June,...

IN events.(Short Interests)
July 14, 2008... July 15 Retirement INsight makes its debut InvestmentNews launches a retirement e-newsblast. The topic of this first issue is retirement income. Retirement INsight brings InvestmentNews to your desktop four times a year to help you...

The week ahead.(Short Interests)(Calendar)
July 14, 2008... July 14 The Practising Law Institute's Private Equity Forum continues through tomorrow in New York. The American Institute of Certified Public Accountants' weeklong national tax education program begins in Champaign, Ill. July 15...

LETTERS.(Viewpoint)
July 14, 2008... Advisers should live up to fiduciary responsibility An article in the June 23 issue, "Schwab faces adviser discontent,'' which focused on the Schwab Yield Plus Fund, from The Charles Schwab Corp. of San Francisco, noted that at least some...

Site uses social networking to match students with lenders; GreenNote Network's debut is well-timed to help students caught in credit crunch.(News)
July 14, 2008... Byline: Charles Paikert As tuition bills begin to arrive in mailboxes of college-bound students this month, borrowing alternatives are emerging for parents and students caught in the credit crunch that has stifled the student loan market....

'How are we doing?'; Just Thinking.(Viewpoint)(Conference notes)
July 14, 2008... Byline: Jim Pavia When walking around town, former New York Mayor Ed Koch often would ask constituents, "How am I doing?'' Taking a page from the mayor, I use industry events, including the recent Morningstar Investment Conference in...

Expand the Fed's role carefully; Editorial.(Viewpoint)(Editorial)
July 14, 2008... Federal Reserve Board Chairman Ben Bernanke's speech last Tuesday attracted the most attention for new mortgage lending rules, to be detailed this week, and for leaving the Fed's doors open to investment banks until next year. But perhaps...

Distressed-debt opportunities appear on investment horizon; Top money managers believe rewards will outweigh risks.(News)
July 14, 2008... Byline: David Hoffman Distressed debt is about to have its day, according to some prominent investment managers. "A lot of money has been raised in anticipation'' of a bull market in distressed debt, said Martin Fridson, chief...

State insurance regulators are angry about EIA proposal; Iowa commissioner Voss is set to meet with SEC Chairman Cox tomorrow.(News)
July 14, 2008... Byline: Sara Hansard State insurance regulators are displeased with the Securities and Exchange Commission and state securities regulators about a proposal that would regulate equity index annuities as securities rather than as insurance...

Addressing women's unique concerns; Longevity and risk management are what advisers helping women should care about most.(Retirement Watch)
July 14, 2008... Byline: Anna Rappaport When it comes to retirement, women worry more than men. In its recent survey of pre-retirees, "Risks and Processes of Retirement,'' the Schaumburg, Ill.-based Society of Actuaries found that 62% of women expressed...

Space industry expected to take off; Satellites, military could prove to be the accelerants.(News)(Conference notes)
July 14, 2008... Byline: Andrew Coen Despite a slowing economy and some potential future funding obstacles, the space industry has nowhere to go but up, participants at a recent space industry conference said. Revenue from commercial satellites could...

INVESTORS SEEKING NEW CHOICES; Economy puts pressure on advisers to offer non-traditional strategies.(Special Report: Alternative Investments)
July 14, 2008... Byline: Jeff Benjamin The pursuit of investment performance in an increasingly uncertain market is drawing more attention to alternative investment strategies, a situation that could place more pressure on financial advisers to step...

KEN FISHER; One of the world's most successful money managers on investment philosophy, direct mail and why he considers himself a failure.(Newsmakers)
July 14, 2008... Byline: Charles Paikert It's hard to miss Ken Fisher. You've probably seen one of the ubiquitous full-page newspaper or magazine ads touting his investment firm ("Take our global- investing quiz. The answers may surprise you!'') Or caught...

On a 401(k) mission.(Short Interests)
July 14, 2008... Byline: Andrew Coen In his 20 years of managing clients' 401(k) plans, Michael T. Scarborough has seen numerous examples of mistakes made by investors who don't allocate enough of their salaries to saving for retirement. Seeing...

Introducing clients to hedge funds; Don't ignore these alternative investments or define them too narrowly.(Investment Strategies)
July 14, 2008... Byline: Patrick O'Connor Many financial advisers are familiar with the asset allocation strategies and diversification benefits achieved by Harvard University of Cambridge, Mass., and Yale University of New Haven, Conn., through investing...

Are best practices enough? Following fiduciary standards would align interests of investors and advisers.(Fiduciary Corner)
July 14, 2008... Byline: Blaine F. Aikin In casual conversation about the troubled financial markets, the words "risk'' and "uncertainty'' often are treated as synonyms. But for the fiduciary, there must be no confusion about their very different meanings....

Prime Numbers.
July 14, 2008... Go figure -0.75%: The year-to-date return reported by the $1.9 trillion hedge fund industry through June 30. Sources: Hedge Fund Research Inc., Bloomberg $4.096: The average price of a gallon of unleaded regular gasoline July 11,...

Brookstreet is piling up arbitration losses; The failed independent broker-dealer's founder and president says he has no money.(News)
July 14, 2008... Byline: Bruce Kelly The legal fallout for the failed independent broker-dealer Brookstreet Securities Corp. is getting costlier, with the family behind the defunct firm getting tagged for damages in its latest arbitration loss. In May...

Retail demand grows for alternative strategies; Financial advisers rely on absolute-return funds to reduce volatility.(News)
July 14, 2008... Byline: Sue Asci Watching institutional investors achieve big gains in alternative investments has whet retail demand for mutual funds that incorporate alternative strategies. This desire has fueled an interest in absolute-return...

Unlocking the value of your business; Higher valuations have brought changes in the ways that practices are being sold.(Practice Management)
July 14, 2008... Byline: David Goad If you have operated a financial services firm for more than 15 years, you have seen significant change. Due to the great bull markets of the last decade, the average client is far wealthier than he or she was...

SIFMA wants higher settlement-reporting threshold; Seeks reporting bar of $25,000, up from $10,000.(News)
July 14, 2008... Byline: Dan Jamieson The Securities Industry and Financial Markets Association wants the Financial Industry Regulatory Authority Inc. to raise to $25,000 the threshold for reporting legal settlements with customers. That threshold is...

China's Olympic glow is already fading; Equity boost for games in Beijing undone by market bubble.(News)
July 14, 2008... Byline: John D'Antona Jr. The Beijing Olympics start next month, but for the Chinese stock market, the event is nearly over. "The Olympics have provided a mild boost historically in terms of stock prices, and China was no exception,''...

Legg Mason outlook dims after money funds bailout; Analysts ponder state of other fixed-income management firms.(News)
July 14, 2008... Byline: Douglas Appell Legg Mason Inc.'s latest round of support for its money market funds has prompted analysts to push back their predictions for when the struggling giant might regain its footing, with some seeing the move as an ill...

People.
July 14, 2008... The Securities and Exchange Commission has named Donald M. Hoerl, 63, acting director of its Denver regional office. He replaces George Curtis, who was appointed deputy director in the SEC's enforcement division. Mr. Hoerl was the...

More investors act to sell ARPS at deep discounts; Online platform is helping to match buyers and sellers.(News)
July 14, 2008... Byline: David Hoffman More investors are looking to sell illiquid auction rate preferred securities issued by closed-end mutual funds even though in many cases, they must sell at hefty discounts. The Restricted Securities Trading...

Financial services firm smarting in ugly market; Pounding by rating agencies, credit crisis and mortgage-related losses makes raising capital rough.(News)
July 14, 2008... Byline: Bruce Kelly Financial services companies, from banks to broker-dealers, are facing dire straits as the credit crisis and mortgage-related losses force companies to seek fresh capital amid an ugly market, analysts said last week....

'Clouds' could rain savings on advisers; New off-site computing services promise greater flexibility, wider choices.(Tech Update)
July 14, 2008... Byline: Davis D. Janowski When it comes to helping clients, adviser Daniel Grossman of Acorn Financial LLC in Nashua, N.H., has his feet planted firmly on the ground. When it comes to computing, however, his head is moving into the...

Missouri enacts hot-button 529 tax parity law; Controversial policy creates tax benefits for participants in out-of-state plans.(News)
July 14, 2008... Byline: Charles Paikert Proponents of tax parity for 529 college savings plans won a hard-fought victory last week when Missouri became the fifth state in the country to offer tax benefits for out-of-state plans. The "Show-Me State''...

No sudden moves.(Short Interests)
July 14, 2008... Byline: Sue Asci While investors may want to make changes in the face of a volatile stock market, most financial advisers don't move assets around during challenging times. In a recent survey of 250 advisers, SEI Investments Co., an...

Bear market tests skills of financial advisers; Top job is calming clients and preparing for more bad times.(News)
July 14, 2008... Byline: Aaron Siegel On the heels of the stock market's worst June performance since 1930 and the official start of a bear market, financial advisers are calming clients' nerves and preparing them for more bad news. "We're setting the...

Retirees overestimate annual retirement savings payout; Nearly half in survey deem withdrawal rate of 10% reasonable.(News)
July 14, 2008... Byline: Andrew Coen Workers think they can pull far more money annually from their retirement savings than most financial advisers would recommend, according to a recent MetLife Mature Market Institute survey. Planners typically...

More environmental risk disclosures are urged; Petition asks SEC to seek transparency on firms' financial health.(News)
July 14, 2008... Byline: Sara Hansard More than 3,000 people have signed a petition urging the Securities and Exchange Commission to tighten requirements that call for companies to disclose risks they face from environmental issues. The petition is one...

Women less aggressive than men in retirement saving; They are less likely to qualify for maximum matching.(News)
July 14, 2008... Byline: Lisa Shidler Women are less aggressive then men when it comes to saving for retirement, according to a new study. Released by Spectrem Group, a Chicago-based research and consulting firm, the survey showed that women defer less...

AARP Financial to expand retirement solution offerings; New boss plans to integrate funds with other products.(News)(Company overview)
July 14, 2008... Byline: Sue Asci Under new leadership, AARP Financial Inc., the financial services subsidiary of AARP, plans to expand its offerings of retirement solutions by the end of the year. "A real key to success over the long term is providing...

Investors roll out the red carpet for pink-sheet stocks; Market cap of companies, trading volume are on rise.(News)
July 14, 2008... Byline: Jeff Benjamin Pink-sheet stocks, which represent thousands of public companies not listed on any U.S. stock exchange, are gaining appeal among some investors, thanks to increased efforts to hold the companies more accountable to...

Global funds try go-anywhere style; New style allows managers to take wider range of risks.(News)
July 14, 2008... Byline: David Hoffman They are the ultimate go-anywhere funds - global funds that can invest virtually anywhere, regardless of geography - and they are growing in number. Fifteen new "world stock'' funds were launched this year as of...

Baird lands nine UBS and three Wells Fargo reps; Firm also hires recruiter for California, Nevada.(News)
July 14, 2008... Byline: Dan Jamieson Like other regional firms, Robert W. Baird & Co. Inc. is benefiting from turmoil at larger competitors. Late last month, the Milwaukee-based firm grabbed nine brokers from UBS Financial Services Inc. of New York....

Advisers see new life for 403(b) market; Revamped rules could benefit current players.(News)
July 14, 2008... Byline: Lisa Shidler Financial advisers who specialize in 403(b) plans are optimistic ahead of regulations that go into effect Jan. 1 They think that the rules, which will make 403(b) plans more like 401(k) plans by requiring sponsors...

Public-sector workers are kings of the earning hill.(Short Interests)
July 14, 2008... Byline: Sara Hansard State and local government workers were paid 51.4% more in wages and benefits than private-sector employees during September 2007, the Employee Benefit Research Institute of Washington said in its June report. ...

Guidelines for ETF investing; For long-term success, establish a strategy and stick to it.(Adviser's Bookshelf)(Reprint)
July 14, 2008... Byline: Tom Lydon and John F. Wasik The increasing popularity of exchange traded funds has led advisers to seek new ways of incorporating ETFs in client portfolios. Adviser Tom Lydon and personal finance writer John Wasik's new book,...

At the bell.
July 14, 2008... SIFMA blasts SEC order on data fees The Securities Industry and Financial Markets Association has filed a comment letter calling the Securities and Exchange Commission's proposed order on market data fees "fatally flawed.'' New York-...

New fund targets aggressive investors; Arrow Investment Advisors adds third portfolio to its quiver.(Street Wise)
July 14, 2008... Byline: Jeff Benjamin Halfway through its third year in business, Arrow Investment Advisors LLC has taken its most aggressive step yet with the launch of the Arrow DWA Tactical Fund (DWTFX). The fund, which was launched May 30, is the...

ING Advisors Network bleeds registered reps; $12M in GDC walks from Multi-Financial; more exits rumored.(News)
July 14, 2008... Byline: Bruce Kelly One of the broker-dealers in the ING Advisors Network Inc. is on the brink of losing representatives and advisers who generate $21 million in fees and commissions to rival firms. Multi-Financial Securities Corp. of...

LPL moves to address technology breach; Firm beefs up security in wake of latest snafu.(News)
July 14, 2008... Byline: Bruce Kelly In the wake of a security breach that affected more than 10,000 clients, LPL Financial has taken several steps to increase data protection. Last week, InvestmentNews reported that for the second time in less than a...

Correction.(Correction notice)
July 14, 2008... In 2008, rollover contributions to individual retirement accounts, largely from 401(k) plans, will total $301 billion, according to Boston-based Cerulli Associates Inc. An incorrect figure was included in the June 30 Retirement Watch column.

To roll or not to roll; Advisers should help investors decide whether to move 401(k) money into an IRA.(Retirement Watch)
July 14, 2008... Byline: Dan McNamara and Mark Benson ***** Correction: In 2008, rollover contributions to individual retirement accounts, largely from 401(k) plans, will total $301 billion, according to Boston-based Cerulli Associates Inc. An...

FDIC, community bankers urge investors not to panic.(News)
July 21, 2008... Byline: Janet Morrissey The Federal Deposit Insurance Corp. and the Independent Community Bankers of America are urging consumers not to panic following the recent collapse of IndyMac Bancorp Inc. "The banking system in this country...

Compliance costs soar.(Short Interests)
July 21, 2008... Byline: Sara Hansard Compliance costs rose 65%from January 2007 through March 2008 for more than 400 investment advisory firms surveyed by four organizations involved in the advisory business. According to the 2008 Investment...

Advisers blast hedge funds for poor communications; A stunning 95.7% say the funds just don't understand their business needs, report finds.(News)
July 21, 2008... Byline: Charles Paikert Although financial advisers are the key drivers in the generation of hedge fund sales, it appears the hedge fund industry and advisers aren't connecting as well as they might, according to a new study. Financial...

Some smaller plan sponsors feel neglected by providers; Large fry say they are more satisfied with the relationships.(News)
July 21, 2008... Byline: Lisa Shidler While three-quarters of plan sponsors of all sizes are satisfied with their provider's performance in terms of relationship management, smaller plan sponsors are less satisfied than are larger employers, according to a...

Advisers can help plan for day-to-day special-needs expenses; Balancing care costs and retirement savings is a struggle for clients.(News)
July 21, 2008... Byline: Darla Mercado Though some advisers are familiar with establishing special-needs trusts for future expenses, they may be less familiar with ways to deal with day-to-day costs related to treatment that can take a bite out of...

New website offers model ETF portfolios; Critic calls it a sales vehicle for tool's creator.(News)
July 21, 2008... Byline: Aaron Siegel In addition to being a money manager, financial adviser and professor, J. Andre Weisbrod is now looking to add the title of ETF expert to his CV. Mr. Weisbrod, president of Weisbrod Financial Services Inc. and...

New Kid reaches out.(Short Interests)
July 21, 2008... Byline: Darla Mercado In September, actor and former New Kids on the Block frontman Donnie Wahlberg will add another title to his resume: national spokesman for the Life Foundation's annual Life Insurance Awareness Month. The...

Tiger 21 and IPI cultivate wealthy - for profit; Rival networking groups offer cachet and community.(News)
July 21, 2008... Byline: Charles Paikert How's this for a business model: invite really, really rich people to join an exclusive club, charge them not inconsiderable fees, and encourage them to share concerns and investment ideas. That is the concept...

Advisers weathering bear market so far; Many have yet to react to a terrible decade for stocks.(News)
July 21, 2008... Byline: Dan Jamieson Although this decade could turn out to be the worst such period for stocks in modern history, advisers don't yet seem to be feeling the full effect. Some bearish observers think too many advisers are blissfully...

What do you want them to say about you? How to create an effective brand strategy - decide what's important to clients and put it first.(Marketing Strategies)
July 21, 2008... Byline: Libby Dubick True story: About six months ago an adviser wrote and told me his firm had a "branding'' problem. The firm had the same name as a well-known mutual fund company and as long as the mutual fund company had done well, his...

Agents flock to referral firm for mortgages.(News)
July 21, 2008... Byline: Darla Mercado Despite the tarnished reputation of the reverse mortgage, a mortgage referral service says that it can help independent insurance agents act as a conduit for the loans, collect a plum commission - and do so...

Innovative companies offer ways to squeeze cash from homes; Programs allow 'house-rich' investors to generate an income.(News)
July 21, 2008... Byline: Janet Morrissey When Thomas Terrill was diagnosed with a deadly lung disease in June 2001 and was told he had less than five years to live, he was stunned. "I had been in wonderful health,'' the Kenilworth, Ill., resident...

At the bell.
July 21, 2008... NASAA seeks comment on adviser model rules The North American Securities Administrators Association Inc. of Washington called for public comments Friday through Aug. 8 on a proposed set of investment adviser model rules. The proposal...

Fund industry lobs proxy counterpunch; ICI says critics have their own agenda and ignore funds' votes cast against management.(News)
July 21, 2008... Byline: Sara Hansard Stung by media and union criticism that their proxy votes are in the pockets of corporate management, the mutual fund industry is fighting back. "Funds are not approaching these issues monolithically,'' Investment...

If only the boss had said something; Many boomers would stay on the job if given incentives, study shows.(News)
July 21, 2008... Byline: Andrew Coen Many baby boomers who are considering retirement might decide to work a few more years if employers offered incentives a few years prior to the boomers' departure, according to a recently released Employee Benefit...

A cure for our ailing health care system; Just Thinking.(Viewpoint)
July 21, 2008... Byline: Jim Pavia Ask your clients what keeps them awake at night, and I bet many will say the skyrocketing cost of health care. That is why the first order of business for the next president of the United States is to fix the health...

SEC's rumor probe will lead nowhere.(Viewpoint)
July 21, 2008... After weeks of slumbering on the sidelines, Christopher Cox and the Securities and Exchange Commission have become engaged in the financial crisis that has swept the markets. Belatedly, the SEC has begun to investigate whether malicious...

Wealth tilt helps banks.(Short Interests)
July 21, 2008... Byline: Charles Paikert It hasn't been the best year for banks, to put it mildly, but those with a wealth management orientation were profitable in the past two years, according to a new study. According to "Who's Who in Bank Wealth...

Infrastructure is real estate's latest hot spot; Investors are parking their cash in bridges and toll roads.(News)
July 21, 2008... Byline: Janet Morrissey A growing number of investors are looking beyond conventional office buildings and shopping malls, and parking their cash in the infrastructure that surrounds them - in particular, toll roads, bridges, electrical...

Prime numbers.
July 21, 2008... Go figure $1.248: The closing futures price July 17 for a pound of frozen orange juice concentrate for September delivery. Sources: Dow Jones Newswires, ICE Futures U.S. $28.46: The average per-hour cost to employers of employee...

Wachovia hits Edwards reps with raiding suits; Non-solicitation clauses are also an issue.(News)
July 21, 2008... Byline: Dan Jamieson Wachovia Securities LLC of St. Louis continues to file lawsuits against groups of legacy A.G. Edwards brokers who have left the firm. In several cases, the firm claims in court filings that the representatives are...

Reality show offers recipe for success; Entrepreneurial planners, advisers can learn business lessons from 'Kitchen Nightmares'.(Practice Management)
July 21, 2008... Byline: Kirk Hulett Practice management lessons are gleaned from some unusual sources. One obscure well of business wisdom is "Kitchen Nightmares,'' a reality show on BBC America. Celebrity chef Gordon Ramsay helps restaurant owners turn...

Uncertainty clouds advisers' view of technology; They know they need it, but can't quantify return on investment, new FPA report finds.(Tech Update)
July 21, 2008... Byline: Davis D. Janowski When it comes to implementing new technologies, a number of financial advisers are discouraged by poor results and inadequate returns on their investments, according to a study that will be released today by the...

Bank on more B-D acquisitions, industry observers contend; Ladenburg, First Allied purchases make some wonder who's next.(News)
July 21, 2008... Byline: Bruce Kelly In the wake of moves this month by Ladenburg Thalmann Financial Services Inc. and First Allied Securities Inc. to acquire broker-dealers, more deals for independent-contractor firms are on the horizon, according to...

Emerging markets a source of stomachaches for advisers; But investors still poured money into the funds in the second quarter.(News)
July 21, 2008... Byline: Sue Asci Some financial advisers are still cautious about emerging markets despite the fact that investors poured an estimated $4.3 billion into the equity-fund sector in the second quarter and the opinions of leading fund...

IN events.(Short Interests)
July 21, 2008... Retirement Income Communications Awards Sponsored by InvestmentNews and the Retirement Income Industry Association, this award recognizes the best in printed and new-media materials aimed at helping financial advisers better prepare their...

The week ahead.(Short Interests)(Calendar)
July 21, 2008... July 21 The Conference Board will release its composite index of 10 leading economic indicators for June at 10 a.m. ET. The Practising Law Institute's two-day seminar "Understanding ERISA, 2008'' begins in San Francisco. July 22...

Fannie, Freddie still favorites in some funds; The stocks plunged, but managers defend positions.(News)
July 21, 2008... Byline: Jeff Benjamin Although the stock prices of mortgage giants Fannie Mae and Freddie Mac were bruised, a handful of mutual funds continue to hold the securities, either because they underestimate the risk or because they are smarter...

Using an all-bond-portfolio approach for tough times; Other voices.(Viewpoint)
July 21, 2008... Byline: Stan and Hildy Richelson In today's tough times, we believe that investment advisers can best preserve their clients' wealth by investing in an all-bond portfolio. We understand that this is antithetical to the current received...

NCOIL recoils from insurance bill moving through Congress; Concerned that legislation inches closer to optional federal charter, it wants state officials to voice opposition.(News)
July 21, 2008... Byline: Sara Hansard The National Conference of Insurance Legislators is pleading for help from governors and state attorneys general to defeat insurance legislation that is moving through Congress that would pre-empt some state insurance...

IndyMac may not be last bank to fail, analysts say; Others are at risk, as is housing market's recovery, they contend.(News)(Industry overview)
July 21, 2008... Byline: Janet Morrissey The collapse of IndyMac Bancorp Inc. and the government prop-up of mortgage giants Fannie Mae and Freddie Mac have led to speculation about which other banks are most at risk and how the fallout may affect the...

Correction.(Corrections)(Correction notice)
July 21, 2008... In the July 14 story "State insurance regulators are angry about EIA proposal,'' MarketCounsel LLC of Englewood, N.J., was incorrectly identified.

Top web stories viewed July 11-17.(Short Interests)
July 21, 2008... 1. Wachovia office searched for ARS docs 2. Naked selling sharply curtailed by SEC 3. Wachovia outlook 'bleak,' analyst says 4. First Allied to woo First Montauk reps 5. Bear Stearns alum starts up $1B hedge fund ...

State insurance regulators are angry about EIA proposal; Iowa commissioner Voss is set to meet with SEC Chairman Cox tomorrow.(News)
July 21, 2008... Byline: Sara Hansard ***** Correction: In the July 14 story "State insurance regulators are angry about EIA proposal,'' MarketCounsel LLC of Englewood, N.J., was incorrectly identified. ***** State insurance regulators are...

Financials, mortgage bonds still abundant in target funds; Allocation exceeds 25% in some portfolios.(News)
July 28, 2008... Byline: Lisa Shidler Despite the many miseries of financial services companies and the mortgage crisis, some of the most popular retirement account vehicles still are invested heavily in mortgage bonds and financial stocks. In an...

Freud meets finance: new focus on feelings; More advisory firms adding psychologists.(News)
July 28, 2008... Byline: Charles Paikert A wealthy prospect wanted investment-grade bonds, and only investment-grade bonds, in his portfolio. His financial adviser, not surprisingly, wanted him to be more aggressive in his investment selections. ...

Tamarac updates Advisor, cuts cost; The most visible new feature is a retooled interface.(Tech Update)
July 28, 2008... Byline: Davis D. Janowski In a move to attract a broader client base, Tamarac Inc. last week launched an updated version of its Advisor software that will cost small advisory firms about half of what they would pay for the current edition....

CEO compensation reports are illuminating; At large.(Viewpoint)
July 28, 2008... Byline: Michael Clowes The issue of CEO compensation has been a hot topic in investor and corporate governance circles for years. Two new papers published by the National Bureau of Economic Research of Cambridge, Mass., provide insight...