Working as an advisor for one of the four remaining wirehouses still has its perks, but there are only so many seats at the table, and even those seated can see the bloom is coming off the rose. As recently as the early 2000s, landing a job as a financial advisor (FA) with [...]
The first fluttering of a mass migration away from wire houses has begun, and it’s not only the investors who are taking flight. Savvy advisors are also flocking toward a new generation of broker-dealers that let them choose what clients they serve and what products they sell. An interesting exodus made the headlines [...]
Antarctica, the frozen continent, is an unforgiving and unrelenting wasteland. Visitors are greeted by sub-zero temperatures, bone-chilling winds, hidden crevasses, endless ice sheets, perpetual darkness in winter, and blinding glare during summer. Since the earliest days of polar exploration, adventurers have sought to mitigate the inherent risks imposed by Antarctica. Pioneering Antarctic explorer Ernest [...]
An Introduction to Risk Management When it comes to investing, returns hinge in part on your tolerance of non-systemic risks. At its core, risk is uncertainty—uncertainty that the investment you make today will pay off tomorrow (or in the next week, year, or decade). Uncertainty that if you swim in faster currents [...]
