May 2012 Newsletter: Brokerizing Financial Advice
Would you believe that in the aftermath of the financial crisis legislation has been proposed that will result in LESS consumer protection in finance? “Brokerizing” Financial Advice Under normal circumstances, we do not burden our clients with the details of the regulatory issues we deal with on a daily basis. Periodically, we send you required notifications such as our privacy policy and updated regulatory forms. Our focus is on communicating about your financial well-being. But recently, legislation has been proposed in Congress that we feel could adversely impact investors in general and...
Read MoreFacebook – Buy, hold or pass?
Soon you might have a chance to buy stock in one of the most impressive growth stories of all time as Facebook is expected to become a publicly traded company on Friday, May 18th. At the range of prices anticipated, founder Mark Zuckerberg becomes the latest uber billionaire. And in a case that should be discussed in business schools for years to come, private equity firm Accel Partners could turn a $12 million investment into a profit of over $7 billion. Who wouldn’t want to get in on this kind of gain? By the way, the seeds of that gain were planted in 2005. Our guess is most...
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