Save Me: Coming Up with $500,000 for College
Parents scraping together cash for this year's tuition bills may have it relatively easy. By the time today's newborns graduate from high school, the total cost to attend a four-year private college could tally nearly $500,000.
Money Management Tips College Students Should Bank On
College is an important time of learning, and not just in terms of a student's major. These four years are financially formative ones.
Cheating Clients, Ethical Dilemmas
When a married client told financial adviser J.J. Burns that he had secretly spent $50,000 on his mistress, alarm bells went off.
Executives Deferring Pay as Higher Taxes Loom
With taxes set to rise next year, executives are looking to shelter more of their bonuses and salaries in employer plans that let them wait years to take their pay.
Your Practice: Four Lessons for Advisers from Hurricane Sandy
Disaster plans, normally a peripheral part of an adviser's day-to-day life, have become critical as wealth management firms impacted by Hurricane Sandy try to work from offsite locations, in flooded areas and amid power outages.
How to Break Up with Your Financial Adviser
Jay Rattien had a problem. He couldn’t get his financial adviser to pay attention to him or his portfolio. The adviser barely returned Rattien’s calls. Finally, Rattien called the adviser’s boss — the president of the company — and asked for a conversation.
Apple’s Price Rise Reminiscent of Pfizer’s Viagra?
Apple’s share price has rocketed in recent months, crossing both the $500 and $600 level within the space of mere weeks. So as analysts continually hike their price targets for the stock, is the only way really up?
Market Fears Now: ‘Too Much Complacency’ — and the Fed
Firms have begun hiring again and consumers are spending again. If the economy’s recovering, why aren’t markets roaring ahead? J.J. Burns, president of J.J. Burns & Co., and Greg Peters, Global Head of Fixed Income Research at Morgan Stanley, shared their insights.
Winners: Consumers, Investors
The surprise half-point cut in interest rates by the Federal Reserve yesterday is a clear signal the central bank will not stay on the sidelines while turmoil in the mortgage industry threatens the broader economy.
Big Rally on Wall Street
Stocks rallied Tuesday, as investors stepped back in after two tough sessions marked by worries about the economy and interest rate policy ahead of next week's big Fed meeting.