PHILLIPS TAKES A POWDER AS PMC CHIEF: CEO SPLITS AFTER SALE BLOWS UP AND STOCK DROPS BELOW 50 CENTS
Just two weeks after a deal to sell most of PMC International Inc. collapsed, cutting its market value…
PEOPLE / Y. DAVID KOVACS: FIGHTING IRISH’S FENCING ISRAELI
Mathematically speaking, the probability is pretty low that a kid from north of Tel Aviv who spent his…
EVEN WHEN MARKETS ARE DOWN, INDEX FUNDS ARE FAR FROM OUT: BARCLAYS REPORT SHOWS ACTIVE MANAGERS DO ONLY A SMIDGEN BETTER
Barclays Global Investors has stirred up the debate over active and passive investing with a report that states…
SUCCESS NOT ALWAYS PORTABLE: HITCHING WAGON TO PORTFOLIO STAR HAS SO-SO RESULTS
What do mutual fund stars Thomas Marsico, Brian Posner and Elizabeth Bramwell have in common? They all made…
WHOLESALER PAY ROCKETS UP: BATTLE FOR ADVISERS BOOSTS TAKE-HOME TO $400G
Those in financial services like to call mutual funds commodities, because there are more than 8,000. And many liken those who market them to shoe salesmen or door-to-door encyclopedia salesmen.
INVESTORS LICKING THEIR CHOPS OVER GOLDMAN SACHS IPO: CONFIDENT PARTNERSHIP VOTES TO SELL AT LEAST 10%; HAS NO FEAR OF ANOTHER OCTOBER DROP
Like teenagers waiting for rock concert tickets, mutual fund managers are lining up for Goldman Sachs Group LP’s…
BIG CHEESE CPA FONDUED FOR AMEX LINK: ASSOCIATION CHIEF’S FIRM SOLD TO TITAN
Stuart Kessler, one of the first CPAs to offer financial planning services 20 years ago, is embroiled in…
CONFERENCE CALL: SIMPLICITY IS THE WORD IN THE NEW MILLENNIUM
When discussing volatility in mutual funds with clients, financial advisers would do best to take a cue from…
HOW ONE FIRM IS HARVESTING THE BEANS FROM BEAN COUNTERS: BOUTIQUE’S NEW TACK: WOOING OF ACCOUNTANTS
Advisory Consulting Group Inc., a company that provides portfolio management services to financial advisers, is setting its sights…
PRODUCT WATCH: AN AWFUL LOT OF PHONE COS. IN BRAZIL
Merrill Lynch & Co. has introduced a novel stock product to deal with the breakup of Brazil’s monopoly…