Hidden Assets
The key to generating real wealth for wealth managers may lie in their client’s IRAs. By setting these accounts up properly, and ensuring tax deferral across two generations, millions and millions can be accumulated.
capital markets
Highlighting Critical Issues at the Dawning of a New Day
Though the Sarbanes-Oxley Act was made law in 2002, years later directors, chief executives and chief financial officers debate its meaning and its impact on the relationship between boards of directors and the management teams they monitor. In this piece, I worked with PriceWaterhouseCoopers summarizing the views of these constituencies as expressed in a syposioum held in New York City during the spring of 2004.
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Failing to Communicate Can Get a Manager Fired
When a manager gets knocked off one managed account program, does this mean that all the dominoes are about to fall? Yes, but they probably would have anyway.
A Who’s Who of Independent Research
In the wake of the “global settlement” — the April 2003 agreement among 10 investment banking firms and the Securities and Exchange Commission — brokers, advisors and investors soon will find lots more independent research reports on their desks.
Planning for Raising Equity Capital
Raising equity capital is like painting a room. Most of the work is in the preparation, and when prepared correctly, the actual painting is quick and easy. This article, which appeared as a chapter in a book I wrote for Entrepreneur Media under agreement with it’s authors Dwayne Moyers and Art Beroff, details common pitfalls and a step by step approach leading up to a request for the check.
How To Prepare a Loan Request
This primer on how to prepare a loan requests was written as a chapter in the book called Where’s the Money. I wrote the book under agreement with its’ authors Dwayne Moyers and Art Beroff and with Entrepreneur Media, Inc.
Where to Go When The Bank Says No
By 1997 I had written for Entrepreneur magazine for more than 7 years. In my Raising Money column, I had explored almost every nook and cranny of entrepreneurial finance, and had the idea to bring my separate columns together in a book. Ultimately, I was never able to come to terms with Entrepreneur magazine, but shopped the manuscript and found a much more eager publisher: Bloomberg LP, which was getting into the publishing business and anxiously signing up talent. They offered me a deal after our first meeting, and put a lot of resources into helping me put together a first class book. Where to Go earned rave reviews including a four and a half star rating from the Wall Street Journal.
Payment Timing Optimization Analysis
Though little known, Goldstein Golub Kessler is a huge accounting and consulting firm with a myriad of practices. One of these practices focused on helping treasurers and chief financial officers manage their payables and receivables in such a way as to squeeze more cash out of the balance sheet. In this assignment, I worked with practice manager Robert Jaffe to create an article on payment timing strategies that was published in Cashflow magazine.
Automated Collection May Be The Key to New Cash
Though little known, Goldstein Golub Kessler is a huge accounting and consulting firm with a myriad of practices. One of these practices, Treasury Consulting, focused on helping treasurers and chief financial officers manage their payables and receivables in such a way as to squeeze more cash out of the balance sheet. In this assignment, I worked with practice manager Robert Jaffe to create an article on automating the accounts receivable process and increase cashflow to a middle market clothing manufacturer. Though the concept of automating the collections function is dated, the underlying principles regarding collections management remain germane.
The 1,000 Word Mutual Fund Primer
I was retained by the trade group, Regional Investment Bankers Association (RIBA), to produce a series of articles about the basics of investing. The articles were written for retail investors who were beginners, and they were published under the by-line of (RIBA) members in their local news and business publication. The program was a successful tool for business development for members, publicity generation for the group and its’ members, and finally as an education tool to bolster RIBA’s non-profit status. The article below is the sixth in the series and offers an overview of mutual fund investing. Such a series, if written today, would need to include a separate article on exchange traded funds, which offer many compelling benefits over mutual funds.