The combined firm, which will operate as Forum Financial, has ten advisers and $500 million in assets under management
It may be unconventional, but this family-owned advisory firm has used Dash, Brooklyn and Trot as "corporate greeters" for the past four years.
Investment adviser Richard Feight admits he's not very good at brewing beer, but he's found that the hobby helped him build business connections and network with clients.
Most financial advisers don't devote all that much thought to chocolate. Then there's Linda Boss and Todd Ganos.
When Scott Leonard is sailing the Caribbean next year, he plans to have one hand on the tiller of his 50-foot catamaran and the other on his cell phone.
Twenty years ago, investment adviser Greg Merlino woudn't take on clients unless they had at least $250,000 of investible assets.
It's been a rough few weeks for Toyota Motor Corp. what with its recall of some 8 million automobiles due to faulty accelerators. Beyond the recall, Toyota didn't help itself with the way it handled the situation, with critics claiming the company was slow and not overly forthright in its response to the problem. Indeed, the once sterling image of the car maker has taken a shellacking in recent weeks. Lawmakers are probing the recall, consumer groups are angry, and tort lawyers are lining up to launch suits against the company. While financial advisers may not have to deal with a crisis of this magnitude, they often face problems involving their firms' credibility and reputation. Failing to handle the situation properly can have disastrous results, said Jane Ingalls, founder and president of Artemis Communications, who has coached financial advisory firms on crisis management. “As painful as it is to watch, the Toyota recall offers key lessons on crisis management,” Ms. Ingalls said.
During a recent visit to a financial services firm, attorney and consultant Brian Hamburger came across an adviser who wasn't sending disclosure statements to clients.
Instead of handing out charts and graphs to clients to explain their financial plans, adviser Gary Klaben provides “mind maps.”
Nearly every Wall Street worker is getting a bonus this year — despite public outrage over banker compensation.
