-
Boston Consulting Group Study, Commissioned by Leading Financial Services Organizations, Analyzes Costs and Funding Needs of Oversight Options; Survey Reveals Adviser Preferences
NEW YORK, Dec. 15, 2011 /PRNewswire-USNewswire/ -- Creating a self-regulatory organization (SRO) to oversee investment advisers (IA) would likely cost at least twice as much as adequately funding an enhanced Securities and Exchange Commission (SEC) examination program, according to an independent economic analysis by The Boston Consulting Group (BCG). In a survey conducted by BCG, more than 80% of IAs said they would prefer to pay user fees to fund enhanced SEC oversight.
-
-
A testamentary trust could not deduct all the fees paid in obtaining investment advice when calculating adjusted gross income for income tax purposes, the 2nd Circuit has ruled in upholding a tax deficiency assessment.
The trust in this case was created for the benefit of a decedent's surviving spouse and son. For the 2000 tax year it reported an adjusted gross income of $625,000 after claiming a deduction of $22,000 for fees paid to an investment management company that provided advice regarding trust assets.
-
As mentioned in Pindyck (1988), since most investment expenditures are irreversible, investors can decide to allocate their amounts until the full value of an incremental unit of capacity equals its full cost. The investment process includes the option of using or not the bought units. We examine in particular the influence of both production functions and stochastic demand on capacity choice, firm's value and long-run marginal cost.
-
-
THINK we could use 5 million new jobs right about now? That's what President Obama promised he'd create by "investing" taxpayer money in so-called green jobs. And not just any jobs, he said on the campaign trail in 2008, but ones that "pay well, and can never be outsourced.
Jump ahead three years, and the only "green" you find is the billions being poured into the coffers of renewable-energy companies lucky to even stay in business, let alone create a high number of jobs.
-
NEW YORK, July 22, 2011 /PRNewswire/ -- Investors put $8 billion into 776 deals for U.S.-based venture companies during the second quarter of 2011, a 5% decrease in investment and 2% decrease in deals from the same period last year, according to Dow Jones VentureSource. The median amount raised for a round of financing during the second quarter was $5.2 million, up from the $4.6 million median a year earlier.
Venture investors and entrepreneurs are adjusting to a new reality with more liquidity opportunities and stronger support from corporate investors," said Jessica Canning, global research director for Dow Jones VentureSource. "As a result, venture investment has held steady as companies either plot an exit or utilize creative financing strategies like government grants, corporate l...
-
In an Oct. 27, 2007 article in Pensions and Investments Magazine by Jenna Gottlieb, "Move Over, Mutural Funds, Here Comes Comingled," experts predicted the majority of assets in retirement plans would switch to collective investment funds (CIFs).
This piece focues on the net cost advantages of this shift, the end result of a concentration on investment product cost, as an eventual determinant of prospective investment performance.
-
More Employers Taking Aggressive Steps to Help Workers Save Enough for Retirement
LINCOLNSHIRE, Ill. -- A new survey by Hewitt Associates, a global ...
-
Since credit unions (CUs) can't turn back the clock to market to a relatively homogeneous membership via direct mail and measure advertising effectiveness based on cost per 1,000, they have to come up with new ways to assess the reach and return of new marketing media -- from Facebook pages and banner ads to mobile marketing, or steering members to the nearest branch via their cell phones. One way to get the most bang for your marketing bucks is to target offers accurately to the right members, suggests Dennis Campbell, assistant professor of business administration at Harvard Business School, Boston. In addition, CUs should calculate the return on various products that appeal to different life stages, such as car loans, mortgages and checking accounts vs certificates and investment acc...