Wall Street Titans Try To Retain Brokers
December 2, 2009
"Battered Brokerages Turn to Wealth Management" | www.philly.com
Large Brokerage firms are facing a mass exodus of top producers and Client assets, projected to exceed $189 billion in 2009.Meanwhile, Registered Investment Advisor platforms like Charles Schwab are gaining significant numbers of new advisors and Client assets.This shift in how Financial Advisors operate will be even more dramatic if new Fiduciary standards under government review are put in place in 2010.
The UK's retail banking industry, a great opportunity to follow Banco Santander
November 28, 2009
Santander launches 'fee-free' bank account | www.guardian.co.uk
The US retail customers and government has had enough of excessive banking fees, and similarly the UK's retail banking industry, a great opportunity to follow Banco Santander's lead.
Financial Armageddon off the table; now what?
November 19, 2009
Goldman Sachs launches $500M small-business venture | www.njbiz.com
Since we all seem to agree that financial Armageddon is off the table, and multiple iterations of TRILLIONS of dollars of current US taxpayer capital & debt has flooded the economy, we all seem to also agree the future impact of this indebtedness is unknown.We also seem to agree that US small business can take us forward and create more opportunity and jobs.
Big Impact on Mutual Fund and Annuity Sales By Advisors
November 9, 2009
"New Rule Will Change the Way Funds are Sold" | www.marketwatch.com
The House Financial Services Committee passed the "Investor Protection Act of 2009", which would significantly impact how Mutual Funds, Annuities and other financial products are sold by Advisors. The legislation replaces "suitability" with "fiduciary" as the Advisor standard and brings fees and commissions charged to center stage.The greatest impact would be on publicly traded asset managers, Brokers and Insurance companies which distribute through Financial Advisors and intermediaries.
October 7, 2009
Climate Change: How to Invest for the Possibility | seekingalpha.com
The social awareness of climate change presents an opportunity to capitalize on firms providing net benefits to the global carbon footprint.
Volatility is becoming "normal" again
October 2, 2009
After the storm – A “new normal” for the world economy | www.economist.com
1 - This opinion-leader concentrates on needed changes in public policy, which are unlikely to happen. What will happen to the markets during this period of waffle?2 - Currency management will matter, as another way governments cheat, but the very shift from emergency priming to actual use of funds will shake up the capital markets.3 - Beware the consequences of shifting consumption patterns. You may get what you wish for!
The new sub-prime market - another slow-motion disaster
October 1, 2009
Asian freight lines face threat of seizure | www.ft.com
1. Ship financing has usually been risky business, but during the 2003-07 go-go years that corresponded with the debt bubble it all seemed free and easy.2.Like US commercial property, ship construction got a lot of non-bank money, so now some funds will suffer - but so will the CDOs the bankers stuffed with ship credits.3. As the Baltic Dry Index plot suggests, a "death spiral" has begun in this asset class and a lot of balance sheets will suffer horribly.
Global capacity adjustment - not just a China PR stunt
September 30, 2009
China moves to curb industrial capacity | www.ft.com
1. Overcapacity is a recurring Chinese problem, in the name of employment management and overall growth. 2. High export dependency (42% in 4Q08) exposed the economy to infrastructure bottlenecks, trade friction and increased risk of oversteering. 3. The need to adjust is real, but the bigger risks are social fragmentation, a global loss of confidence in the China growth story and severely reduced manoeuvering room in the international area.
JPMorgan, the man who encouraged lending
September 26, 2009
How to Stop a Credit Card Payment Increase | www.mainstreet.com
During the last major financial meltdown or depression, JPMorgan, the man who encouraged lending by laying down the gauntlet to his peers, single handedly stimulated the economy. He knew that the severe times dictated new and severe lending techniques. I believe there is going to be an even LARGER backlash to Chase and American Express and other credit card lending institutions, that continue in the business of credit card lending, and continue alienating the high FICO borrowers.
More Fantasy Business, Really!
September 18, 2009
Fantasy Football Open Championship Awards First-Ever Million Dollar Grand Prize | www.reuters.com
Last year the first-ever million dollar prize for a Fantasy Football league was awarded, indicating that this fantasy business is becoming big business. Since 1998 our firm's FMPartnersOnLine holdings have engaged in providing sports content via Internet affiliates. Sign-ups for the 2009 fantasy football season began on Jan. 12 - and are still being started since the beginning of the NFL season.
E-Insurance: When will the insurance industry adopt modern communication tools?
February 14, 2012
ATMs could distribute prepaid Visa cards
January 23, 2012
PayPal can thrive as a standalone company
January 9, 2012
Europe's CO2 Emissions Trading System works, but it can be improved
December 16, 2011
European women wonder why their insurance premiums will increase
December 15, 2011