Look Out For The Falling Stock Market

America was built on free enterprise and the drive for profit, but at what cost does that profit cost, not in bottom line numbers but in human sacrifice? This is not a liberal communist criticism of our system; it is merely a reflection of the changes we have seen these past 20 years.

By |2015-05-21T03:59:07+00:00July 23rd, 2014|Investing|

Record Broker Fees

A recent press release from Merrill Lynch announced record revenue based on fee growth; asset management fees of $1.5 billion were up almost 17% from the prior year. Client balances — which include loan balances and deposits at Bank of America —crossed the $2 trillion mark. More advisers, approximately 46%, were serving a majority of their clients in a fee-based relationship, the firm said.

By |2015-05-21T04:46:49+00:00July 17th, 2014|Investing|