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Features
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Wall Street's Trillion Dollar Nightmare
From bankruptcies to bailouts, the brokerage business changed overnight. Uncertainty and pain may give way to opportunity. But the question is: how soon?
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Ellyn McColgan: Staying Cool in the Crisis
After her shocking departure from mutual fund giant Fidelity last summer, Ellyn McColgan reappeared in April as president and chief operating officer of Morgan Stanley's global wealth management group. In an exclusive interview, McColgan discusses the challenges she has faced in the current market crisis and her plans for the future of the business.
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Hedge Fund Havoc
After a lackluster first half, investors are questioning whether now is a good time to buy low in the hedge fund world or, with the looming threats of a prolonged downturn and tighter regulation, is it time to cut their losses?
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Seeking Unsexy Annuities
Annuities have received a bad rap of late for their high fees and confusing contracts. But as other investments tank, clients are once again looking for guaranteed income streams from their portfolios.
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The Entrepreneurial Spirit
Harry O'Mealia's business education began early, growing up in an entrepreneurial family that owned a billboard company and a small bank. Having such a business-minded family helped shape his outlook as he pursued his career. His journey culminated with his current job as president and chief executive officer of Legg Mason Investment Counsel, where he advises family businesses and helps them build succession plans.
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Street Talk
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Headhunters Weigh in on Advisor Mobility
The wealth management landscape has been reshaped and advisors are contemplating their future.
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Ban Lifted but Questions Linger
Short selling was banned for just a few days, but advisors wonder if it will happen again.
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Ask Not for Whom the Dow Tolls
How will advisors and investors behave after the collapse of 2008?
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5 Questions with Mark Zandi
The co-founder and chief economist of Moody's Economy.com discusses the recent financial shocks.
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Sector Savvy
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Energy Investments Require Caution
Despite market turmoil, the global need for oil may only increase.
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Earth, Wind and Fire: Putting Hybrids to the Test
With a mixture of coal, wind and bio-fuel, Alliant Energy produces some clean numbers
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Energy Sees Summer Spike: Fall Drop
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Departments
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The Affluent Client
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Seismic Shifts Occurring in Managing Retirement
Advisors take note: Investors are less worried about accumulation than preservation and income.
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Keeping Current Is Critical in Challenging Markets
Clients' needs rule the day, so take advantage of existing educational sources, even in disparate areas of your work life.
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The Practice
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Lessons from the Trenches
It's easy to lose focus in today's environment, so the opinions and experience of battle-tested veterans can help.
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Age Before Beauty: Experience Helps in Tough Markets
If you are confident and unbending in tough times, your clients will respect you.
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Products
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Opportunities Stirring in the Municipal Market
For now, munis are trading at tight premiums to Treasuries—but don't assume that means they are risk-free


