Interesting article at SmartMoney entitled, As Market Grew Volatile, Advisors Disappeared.
Tough times for financial advisors at banks and large brokerage houses.
There were 369,928 retail financial advisors at the end of the first quarter of 2010, down from 434,479 the same period last year, a decline of about 15%, according to the Financial Research [...]
Wikinvest: What it is and where it’s going
Don’t get me wrong. I really like the guys at Wikinvest. I’ve written a lot about how well their crowdsourced information and annotatable charts kicks the pants off of more static resources. I’ve also contended that the way Wikinvest deals with investment data is better [...]
By New Rules of Investing
|
Posted in Uncategorized
|
Also tagged broker, cake financial, chart, covestor, crowd sourcing, financial reporting, industry news, invest, investment site, new rules, portfolio, tradestream, wikinvest
|
When was the last time you looked at a financial product (and no, you can’t include CDS or RMBS in this question) and were wowed. It’s been awhile for me (I don’t get out much).
Well, it got me thinking. Earlier this week I went into a restroom and was surprised to find — [...]
Before I start — please check out Tradestreaming.com — the site for my new book (launching soon). Please sign up via email and/or RSS to stay plugged in to this conversation. I’m going to begin migrating my blogging activities to that site as time unfurls (or furls, means the same). So it’s definitely important we [...]
eBay of investment advisors, kaChing announced today that they’re providing servicing of IRA plans. That means that someone with an IRA of at least $10k and the desire to have kaChing investment managers take a crack at managing his portfolio, can now do it.
By New Rules of Investing
|
Posted in Uncategorized
|
Also tagged expert communities, financial advisors, industry news, investment site, ira, kaching, mirrored accounts, new products, new rules, retirement, tradestream
|
Interesting little announcement from StockTwits this morning. The distance between financial content and trade execution narrows as Stock Twits embeds broker Zecco’s Zap Trade into their site.
From the announcement:
Zap Trade is a little “widget” that appears wherever you see a ticker symbol on StockTwits. Clicking the Z launches a pop-up trade ticket [...]
By New Rules of Investing
|
Posted in Uncategorized
|
Also tagged broker, financial advisors, financial content, industry news, investment site, new rules, social networking, stocktwits, tradestream, trading, zecco
|
It’s always a good idea to check out what’s being advertised to see what the financial product firms are pushing. Some of this is horse-leading-the-cart stuff, but sometimes financial products are developed based on demand for such things. Looking at advertising in the financial industry is a momentum-driven way to look at trends [...]
By New Rules of Investing
|
Posted in Uncategorized
|
Also tagged ameritrade, brokers, commodities, etf, etrade, finance, financial advertising, financial advisors, financial reporting, forex, fx, industry news, investment site, mlp, new products, reuters, seeking alpha, tradestream
|
From the Yahoo Finance blog today:
Today the Yahoo! Finance team rolled out new Yahoo! Finance sites in Argentina, Brazil, Mexico, and Singapore. Already in 20+ countries around the world, this is the first wave of a global Yahoo! Finance platform that is rolling out across the globe. This global platform [...]
VOD for investors
Thomson Reuters unveiled its Reuters Insider product today. Geared towards clients of investment terminals, Insider is essentially an aggregator of video content, sucking in both Reuters proprietary content and that from outside partners. It’s going to be like a professional version of Seeking Alpha — but with video, not text.
Trader You Tube? [...]
By New Rules of Investing
|
Posted in Uncategorized
|
Also tagged Bloomberg, BusinessWeek, financial advisors, financial content, financial reporting, industry news, insider, investment site, new products, new rules, reuters, tradestream, trading, video
|
I liked Joshua Brown’s Insider Buying/Selling: The Collected Wisdom of a Thousand Heartbreaks (see it also posted at the CSMonitor with the toned-down title: ‘Debunking myths…’)
There has been a lot of talk during this rally that the insiders — in the aggregate — were selling stock all the way. The Pragmatic Capitalist has done a good job [...]
