Wealth Manager Web September 2008

Cover Story

• Hidden Depths

  By Marlene Y. Satter, AdvisorOne

  Your clients trust you to manage their wealth, and while your primary focus is on their investments, there are other circumstances that may impact their...

• In Flux

  By James J. Green, AdvisorOne

  Regulators add valuation of private securities to their focus on the basics. Brian Hamburger says he gets up to five calls a day from wirehouse...

• Online and Off the Beaten Track

  By Nancy R. Mandell

  A paperless account opening solution--one of the long-awaited cyber-perks of the 21st century--is here. Pershing LLC, the Bank of New York Mellon Corp. subsidiary, is...

• The Maestro of JPMorgan Funds

  By Nancy R. Mandell

  JPMorgan Asset Management--the name conjures up the scent of old money, gentlemen's clubs, cigar smoke and above all, a kind of stodgy blue-chip security. But...

• Can It Happen Here?

  By James Picerno

  Wealthy individuals and institutions dominate hedge fund investing, but the mainstreaming of these products rolls on. Strategies that traditionally have been available only in the shadowy...

• Growing Pains

  By Chuck Carlson, CFA

  Investors love talking about their home runs, the stocks that go from $5 to $100, the "twentybaggers" to steal from Peter Lynch. Your clients are...

• The Cobbler's Shoes

  By Susan L. Hirshman

  On Friday, June 13, Tim Russert, NBC News' Washington bureau chief and the moderator of "Meet the Press," died after suffering a heart attack. He...

• Tech Time Again?

  By Stan Luxenburg

  When the Internet bubble popped, technology funds collapsed. During the three years ending in February 2003, the average fund in the category lost 79.7 percent,...

• Partnerships--A Leap of Faith

  By Philip Palaveev, Fusion Advisor Network

  Chess players often say that the perfect game ends in a draw. After a series of precisely calculated moves on both sides, the result is...

• Building a Better Snapshot

  By James Picerno

  More isn't always better, but when it comes to hedge fund databases, there's an argument in favor of using quantity to enhance quality. The reasoning starts...

• Hedging or speculating?

  By Ben Warwick, Quantitative Equity Strategies

  Just a few days ago, I received an "open letter" from the airlines asserting that rampant speculation in the energy markets was destroying their companies....

• Does Volatility Equal Opportunity?

  By J. Gibson Watson III, CIMA, Envestnet

  Investors and advisors alike can commiserate over all the stress the short-term volatility in the global markets is causing their long-term investment plans. But the...

• New Rules for Home Sales

  By Julian Block

  Some recently widowed homeowners who realize profits on sales of their principal residences will benefit from legislation enacted on Dec. 20, 2007, and known officially...

• Valuing Evaluation

  By James Picerno

  In the old days, giving was easier. You made a donation to a charity of your choice, and you hoped for the best. But faith...

• Protecting Passions

  By Andrew McElwee

  Benjamin Franklin, one of America's first self-made men of wealth, once noted, "If passion drives you, let reason hold the reins." That's good advice, though...

• So Close

  By Daniel Moisand

  Three, two, one--buzzer! We lose the championship game by three points. Tears are streaming down the faces of my nine- and 10-year old team of...

• The Effective Defective Trust

  By Gavin Morrissey, JD, LLM, Commonwealth Financial, Gavin Morrissey, JD, LLM, Commonwealth Financial

  As the political landscape changes, and the discussion of estate tax reform intensifies, one thing seems clear: High-net-worth clients are going to need sophisticated estate...

• M&A: The Future of Wealth Management?

  By Bruce Fraser

  Ask any RIA or wealth management firm what tops their hit list. Five, ten years ago, the answer probably would have been more assets, more...