Brokers

Financial Services Should Take a Page From the Physician's Code of Conduct: First Do No Harm

April Rudin | Posted 04.20.2012

Read More: Fidelity Investments, Charles Schwab, Wirehouses, Private Wealth Management, Wealth, Wall Street, Financial Services, Financial Planning, Consumer Protection, Brokers, Business News

Financial services needs to fix itself and repair its relationship with consumers who have developed mistrust of an industry who has harmed them.

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Gen-X/Gen-Y Wealth Is Coming to Wall Street -- Financial Services Needs to "Catch the Wave"

April Rudin | Posted 05.27.2012

Read More: Social Media, Baby Boomers, Private Wealth Management, Gen X, Wealth, Wall Street, Social Networking, Brokerage Firms, Gen Y, Banks, Generation X, Banking Industry, Generation Y, Financial Advice, Brokers, Money News

The differentiators and qualities displayed by Gen-X and Gen-Y need to be well-understood and addressed to attract the the next wave of wealth.

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Their Confidence Is Killing Your Returns

Dan Solin | Posted 01.29.2012

Read More: Investing, Investor Tips, Investing Advice, High Risk Investments, Financial Advisers, Financial Experts, Brokers, Business News

I often wonder why so many investors ignore the overwhelming data indicating that capturing market returns in a globally diversified portfolio of low management fee index funds in a suitable asset allocation is likely to outperform stock picking, manager picking and market timing.

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Kathy Braddock, Rutenberg Realty: 27 Million and Counting

HuffingtonPost.com | Ben Craw | Posted 08.21.2011

Read More: Video, Running-a-Business, New York Real Estate, Brokerage, Rutenberg Realty, Real Estate, 27 Million and Counting, Kathy Braddock, Small Business Video, Brokers, Small Business News

Starting your own business is a noble -- not to mention exciting, rewarding and often crazy -- undertaking. The experience is an adventure, to say the...

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Merrill Lynch Uses Large Signing Bonuses To Attract Star Brokers

Posted 06.15.2011

Read More: Merrill Lynch, Brian Moynihan, Advisers, Morgan Stanley Smith Barney, Signing Bonuses, CFP Certification, Wall Street, Revenue, Bank of America, Wall Street Reform, Financial Crisis, Recession, Recruiters, Brokers, Business News

NEW YORK (Joseph A. Giannone) - Merrill Lynch is giving some regional managers permission to offer unusually high upfront signing bonuses to attra...

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Your Broker Can Eliminate Your Tax Liability

Dan Solin | Posted 06.12.2011

Read More: Brokerage Firms, Offshore Bank Accounts, Taxes, Tax Evasion, Ubs Tax Evasion Investigation, UBS Tax Evasion, Stockbrokers, Brokers, Business News

It's tax time, so I thought I would blog about a little known benefit of using major brokerage firms.

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Wall Street’s Next Thundering Herd

Bloomberg | Elizabeth Ody | Posted 06.10.2011

Read More: Marketriders Inc, Banks, Economic Recovery, Wall Street, Portfolio Management, Economy, Brokers, Business News

The next thundering herd on Wall Street may be the ranks of low-cost portfolio managers such as MarketRiders and Folio Investing, which cater to self-...

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New York City Apartment Hell Pt. 4

David Serchuk | Posted 05.25.2011

Read More: Edgewater, Apartments, Brooklyn, Brokers, Deposits, Real Estate, NY Real Estate, Bay Ridge, New York City, New York News

Wherein we are basically extorted by our broker and revisit, once again, a place we didn't even like that much the first time.

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Rich and Poor Serve Their Wall Street Masters

Dan Solin | Posted 05.25.2011

Read More: FINRA Enforcement, Finra, Finra Awards, Stock Portfolio, Financial Portfolios, Stockbrokers, Brokers, Business News

I am often accused by brokers of being too hard on them. They say I cherry pick bad portfolios and there are many "hard working, honest brokers" who do the right thing for their clients. I used to believe it. I no longer do.

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Investing Do's and Don'ts for 2011

Dan Solin | Posted 05.25.2011

Read More: Investments, Investing, Investing Advice, Investment Brokers, Investment Banking, Stockbrokers, Brokers, Investors, Business News

Don't rely on predictions by anyone about the direction of the markets or what to buy or sell in 2011. No one can predict random events. If your broker couldn't call the worst crash in 50 years, why do you believe his predictive skills have improved?

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Broker Talk New York: Understanding Dual Agency

Ron Gitter | Posted 05.25.2011

Read More: Sellers, Condos, Buyers, New York City, Co-Ops, Brokers, New York News

A new provision of New York State Real Property Law will significantly change the way brokers selling co-ops and condos in New York disclose their agency relationships with their clients.

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Elizabeth Warren To Speak At Financial Insiders' Dinner

Huffington Post | William Alden | Posted 05.25.2011

Read More: Tarp, Elizabeth Warren, Wall Street, Cfpb, Cfpa, Banks, Harvard Law School, Congressional Oversight Panel, Financial Services Roundtable, Brokers, Business News

Elizabeth Warren, chair of the Congressional Oversight Panel, a federal bailout watchdog, and a likely nominee to head the new Consumer Financial Prot...

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Broker's Assistant QUITS Via Dry Erase Board

Huffington Post | Sara Yin | Posted 05.25.2011

Read More: Office Humor, Resignation Letters, Quitting Jobs, Dispencer, Spencer, Jenny the Assistant, Brokers, Business News

UPDATE 2: So-- was Jenny fake? Afraid so. In a followup post on theChive.com, "Jenny" revealed that she was an LA-based actress named Elyse Porterfiel...

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Goldman Sachs Settlement: A Reader's Outrage

Iris Mack | Posted 05.25.2011

Seems almost everyone I talk to these days is very outraged over the corruption in the financial system.

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A Real Estate Broker's Tips to the Summer Rental Market

Pauline Millard | Posted 05.25.2011

Read More: Manhattan Real Estate, Real Estate, Rentals, Brokers, New York News

While other outlets may try to offer guidance, unless you work in the field there really is no way to understand exactly how this business it works.

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Regulatory "Reform" Bill Shafts Individual Investors

Jake Zamansky | Posted 05.25.2011

Read More: Sec, Morgan Stanley, Fiduciary-Duty, Wall Street, Regulatory Reform, Chris Dodd, Finra, Sifma, Securities and Exchange Commission, Financial Regulation, Brokers, Business News

I should have known it was too good to be true. A few months ago I was optimistic that regulatory reform would include an investor protection known as the "fiduciary duty" standard.

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Iraq Stock Exchange: High-risk investments

Craig and Marc Kielburger | Posted 05.25.2011

Read More: Economy, Bagdad, Marc Kielburger, Iraq, Stock Exchange, Trading, Technology, Craig Kielburger, Brokers, Home News

Trading floors are known for being volatile. Those who think they're tough should try navigating the Iraq Stock Exchange. On Jan. 12, the Tuesday tra...

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2010: Six Hairy Issues (and How to Solve Them)

Fortune's Stanley Bing | Posted 05.25.2011

Read More: Debt, Unemployment, Carnivorous Pigs, Regulatory Policy, Pessimism, Security Analysts, Ben Bernanke, Bankers, Journalism, Brokers, Business News

What we need is not only a rebound in the economy, it's the feeling in corporate America that it's good to employ people.

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The Niche World of New York Real Estate

Darren Sukenik | Posted 05.25.2011

Read More: New York City Apartments, Developers, Real Estate, Manhattan Apartments, New York Real Estate, Brokers, New York News

Remember those old game shows with contestants in glass money machine booths trying to catch all of the flying dollars? That was the NYC real estate industry two years ago.

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Financial Advice: Five Questions to Ask, Including the F-Word

Jill Schlesinger | Posted 05.25.2011

Read More: Consumer Protection, Personal Finance, Brokers, Protecting Yourself From Your Broker, CBS Early Show, Business News

It seems like everybody is in the financial advice-business, but how do you know if someone is qualified to help you?

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Brokers Abandon Wall Street

Posted 05.25.2011

Read More: Brokers Leaving Wall Street, Financial Crisis, Wall Street Brokers Leaving, Wall Street, Economy, Financial Sector, Financial Industry Brokers, Brokers, Business News

The New York Times reported in April that the financial crisis was altering Wall Street as diminishing bonuses and loss of status (to say the least) a...

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Brokers Abandon Wall Street

Wall Street Journal | Posted 05.25.2011

Read More: Wall Street Brokers, Wall Street, Brokers, Business News

The number of brokers bolting from Wall Street is on the rise amid slumping markets and diminishing fees -- a trend that could augur lasting changes i...

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Firms Taking Bailout Money Defend Retention Pay For Top Brokers

Washington Post | Tomoeh Murakami Tse | Posted 05.25.2011

Read More: Banks, Compensation, Pay, Bailout, Brokers, Retention Pay, Chicago News

Handsome pay packages for brokers totaling billions of dollars have turned the public spotlight on another corner of Wall Street compensation: retenti...

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UBS Shells Out Big Bonus Bucks for Brokers

Bloomberg | Elena Logutenkova | Posted 05.25.2011

Read More: Bank of America, Merrill Lynch, Goldman Sachs, Wall Street, Economy, Banking, Bonuses, Goldman Sachs Group, Ubs, Brokers, Wall Street Bonuses, Business News

UBS hired a team of five in Dallas from Goldman Sachs Group Inc. with $4 billion under management, and a group of the same number from Morgan Stanley ...

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The Hubbub Over Merrill Lynch Bonuses

Clusterstock | John Carney | Posted 05.25.2011

Read More: Bank of America, Merrill Lynch, B of a Merrill Merger, Finance, Merrill Bonuses, Financial Crisis, Banks, Brokers, Business News

As background to all this, recall that Bank of America has promised big bonuses to brokers who stay at the combined bank for the next several years--b...

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