President Obama Seeks New Rules for Brokers

The White House has called upon the Department of Labor to hold financial brokers and professionals to a higher Fiduciary Standard. The Fiduciary Standard is a simple yet important concept. Simply put, when advisors act as fiduciaries, they are placing … Continue reading

Low for Longer: A More Active Approach to Fixed Income

“Low for Longer” is Blackrock’s investment theme heading in to 2014. The Low for Longer tag line is their way of expressing a forecast of tepid economic growth, easy monetary policy and, consequently, low interest rates. Investment catchphrases such as … Continue reading

84-year-old Florida Widow Wins $590 Million Lottery

Last week the world learned that 84-year-old Gloria MacKenzie was the sole winner of the $590 million Powerball jackpot.  This makes her one of the biggest winners in lottery history.  The widowed great-grandmother chose to receive her winnings as a … Continue reading

Performance-Based Fee

Our clients are given options when it comes to paying us for the management of their portfolio. The asset-based fee, the most commonly used arrangement, is simply based on a percentage of the total portfolio value.  The performance-based fee is … Continue reading