Research Magazine April 2009
Features
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The Lure of the Frontier
Here's an emerging market with some impressive numbers: Argentina's stocks had an inflation-adjusted average annual return of 10.9 percent in a decade when equities in...
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Choose Your Partner
It's not a question of any port in a storm -- it's the right port ... in a tsunami. That's what independent broker-dealers are seeking...
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Simply Indispensable
In a one-and-a-half page memo to Commonwealth Financial Network's advisors sent in January, new CEO Wayne Bloom mentions the word "indispensable" or "indispensability" five times. "It's...
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A Partner for Planners
Michael S. Burnham has always had a yen for new beginnings. The visionary has been involved in launching and developing ventures like ice-cream novelty Chipwich,...
Editor's Note
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Publisher's Letter: Eye on Inflation
Economic historian John Steele Gordon relates that when FDR took his oath of office in 1933, banks were entirely closed in 38 states and their...
News
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Gold: Ready for $1,500?
As global economies around the world sputter and world central banks search for the answers, an ancient measure of value appears ready to rise. What...
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ETF Assets To Near A Trillion in 2011
A study published from Strategic Insight (SI) shows the assets in ETFs reaching $1 trillion by 2011. The report highlighted a major shift in the...
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Schwab Poised for ETF Entry
A January 26 filing with the Securities and Exchange Commission paves the way for Charles Schwab to enter the ETF marketplace. The proposed ETF would be...
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State Street Debuts Credit-Bond ETF
Adding to a string of new exchange-traded fund launches, State Street Global Advisors has introduced the SPDR Barclays Capital Intermediate Term Credit Bond ETF (ITR). "With...
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Colombian ETF Available
The South American country of Colombia is renowned for its fine coffee and addictive salsa music. And now, investors can participate in another facet of...
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Van Eck Targets High-Yield Munis
Over the past several months, Van Eck Global has been one of the busiest issuers of new ETFs. In late January, Van Eck launched the...
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As Munis Come Back, Short Funds Still Rule
In the world of equity funds, the ultra-short and short funds are still topping the charts, according to Lipper data. The top funds have produced returns...
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Study Spotlights Target-Date Investors
Target-date or life-cycle funds, which automatically rebalance over time, are being used by more than one-third of investors, according to the Employee Benefit Research Institute,...
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Fidelity Launches Three Advisors Funds
Fidelity Investments has introduced three new Fidelity Advisor Funds: Fidelity Advisor Global Balanced Fund, Fidelity Advisor Worldwide Fund and Fidelity Advisor Convertible Securities Fund. According...
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ICI Lays Out Reform Proposals
Investment Company Institute President and CEO Paul Schott Stevens, in testimony before the U.S. Senate Banking Committee, has outlined ICI's detailed proposal on how to...
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Raymond James Euphoric Over Recruiting; Introduces New Leader at Confab
(LAS VEGAS) Executives of Raymond James Financial Services met with about 1,500 of the firm's 3,120 independent advisors during the group's annual professional-development conference, held...
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Morgan Stanley-Smith Barney Shares News on Retention 'Awards'
While some Morgan Stanley-Smith Barney advisors are being offered retention "awards" in the form of forgivable loans, Wachovia advisors are not set to receive any...
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Wachovia FAs Learn of New Brand
After completing its merger with Wells Fargo, Wachovia has outlined its retention and branding efforts to advisors: Retention bonuses are not being offered, and the...
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Retirement Income Reporter: A Clock or a Garden?
Looking around, one can see an old parting of ways that is becoming relevant again. On the one hand, there is a view that flourishes...
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Putting It Into Practice: Can We Talk?
Providing retirement income support certainly involves a great degree of technical analysis. Yet there are also the more personal issues that must be considered when...
Voices/Columnists
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Get It Wholesale
Just as your clients need trusted advisors, you need some of your own. Since it would be silly to be your own tax preparer or...
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The Deal
Over the years, The Deal has always been a favorite topic among Americans. In the '60s and '70s, we were captivated by Monty Hall's "Let's...
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A Time for Resiliency
Globalization and technology have heightened the interconnection, interdependence and fragility of today's marketplace. In response, Philip Kotler and John Caslione, authors of "Chaotics: The Business...
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Seeking Purpose
Most successful advisors recognize the importance of connecting intergenerationally with their clients' families. What happens when the advisor discovers the complexity of the family dynamics...
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Group Presentations
It's understandably difficult to think about growing your business in volatile times such as these -- but it's essential that you do so anyway. As...
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Hanging Investments on the Wall
Who: George Wachter, Vice Chairman, Old Master Paintings, Sotheby's Where: Caf? Boulud, 20 East 76th Street, New York, February 20, 2009 On the Menu: Fois gras, coq...
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A Short History of the Bubble
In the 19th century, before liberalism became the unmentionable "L" word, it used to denote an economic ideology that was rather like Reaganomics. Defending...
Investment Spotlight
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Attractive Fuel
Mark L. Reichman SMH Capital 713-220-5113 Mark.reichman@smhcapital.com While we believe the long-term outlook for the coal industry is constructive, the combination of a weak economic environment, falling commodity prices,...
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Powerful Currents
Greg Gordon, CFA Citigroup Global Markets 212-816-2802 Greg.gordon@citi.com The Citi utility index was down 24.4 percent in 2008 vs. 36.1 percent for the S&P 500 on a total-return basis,...


















