Adding and dropping money managers in a managed account program is both science and art. Here’s some insight into the process.
On Wall Street
Inside the E&O Crisis: Errors and omissions coverage has become prohibitively expensive–when it’s available. Here’s how the situation effects brokers and wealth managers.
The tried and true way to attract new business is the good old investment seminar. It’s not sexy. But it works, if you can get the details right.
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.