With all the ink that has been spilled this week over the lack of jobs and the need for job creation strategies, it was easy to miss a very telling, compelling — and contrary — story about the potential for jobs in one corner of the business world: The financial advisory industry.
A nation's GDP to debt ratio usually becomes worrisome near 90%. Japan's is now over 200%. Forget Europe, writes Barry Glassman, Japan is the global economy's real elephant in the room. | Related graphic: <a href=http://www.investmentnews.com/apps/pbcs.dll/misc?url=/misc/zoom.pbs&Site=CI&Date=20111213&Category=FREE&ArtNo=111219978&Ref=V2&credit=Glassman%20Wealth%20Management>Japan vs. the Euro land.</a>
Patrick Cruickshank is one of at least four former Stanford Group Co. financial advisers and executives who may be sued by U.S. securities regulators for fraud, according to the Financial Industry Regulatory Authority Inc. and a lawyer for the brokerage's underwriter.
Peter Schiff, CEO and strategist for Euro Pacific Capital, stopped by the <i>InvestmentNews</i> offices for a chat with Deputy Editor Evan Cooper - and Mr. Schiff offers some pointed views on regulation of brokers and advisers.
Four popular places for RIAs to look for clients - plus the Q4 RIA rankings.
To do their jobs, advisers must know the net worth of each and every one of their clients. So why is it so many advisers know so very little about the values of their own firms?
Targeted content for tomorrow's financial planners
Global stocks rose for the first time in 11 days and commodities and the euro advanced as European leaders drafted a framework for the region's bail-out fund and America's Thanksgiving retail sales jumped to a record. Treasuries declined.
Charles Schwab Corp., the largest independent brokerage by client assets, reported third-quarter profit that met projections after it settled claims about misleading investors and revenue from trading declined.
It's a good time to sell a financial advisory business, especially if the owners have spent the past decade planning their exit.
