There has been a lot of controversy lately surrounding how and who may provide investment advice. The Securities and Exchange Commission (SEC) promulgated a rule that exempted fee-based brokers from registering as “registered investment advisors” (i.e., the Merrill Lynch rule). The Financial Planning Association has subsequently filed a lawsuit against the SEC challenging the rule. […]

March 24th, 2007 | No Comments »

The American Institute of Certified Public Accountants released a report recently which argues that Americans between the age of 25 to 34 face an “uncertain future due to poor financial habits.” While its conclusion may be correct, its analysis is flat wrong.
The AICPA report was based on the fact that Americans between this age […]

October 27th, 2006 | No Comments »