by Patrick M. Kelly | Feb 11, 2011 | Economy
The continuing devaluation of Chinese currency is bound to have large-scale effects on the American consumer. As our economy has shifted towards a service-based one, we have outsourced almost all production to China, Japan, Taiwan, and Latin American countries. As...
by Patrick M. Kelly | Nov 4, 2010 | Economy
Although, high net worth clients say they are recovering their losses from recent years, they are still concerned about their financial future. After the recent election, investors feel the economy is looking brighter, but there is still cause for concern. There are...
by Patrick M. Kelly | Sep 13, 2010 | Economy, Financial Services Industry, RIA
RIA firms have substantially increased their assets under management within the past year as of this past quarter. Their growth has jump by the end of the 2nd quarter and the top firms have almost doubled their accounts. Advisors are realizing that breaking away from...
by Patrick M. Kelly | Jul 30, 2010 | Clients, Economy, Financial Services Industry
[pullquote]No one wants to simply talk to a machine for their financial advice…[/pullquote]When affluent investors feel like they don’t know where to find a safe haven to invest, they turn to their trusted advisors. With all the information and tools provided online...
by Patrick M. Kelly | Jul 21, 2010 | Economy
[pullquote] History…offers only one true double-dip experience, and that grew out of a policy error. [/pullquote] Many people are concerned the economy may take another turn for the worse in the upcoming months and are still wary about where it is safe to invest....
by Patrick M. Kelly | Jul 19, 2010 | Economy, Financial Services Industry
Bank of America remains positive about their business model due to the increased growth in its wealth management division. According to BofA Remains Confident in Wealth Businesses As Assets Sink, Matt Ackermann states, “The Charlotte, N.C. company, which reported...
