Monthly Archives: August 2009

What Are the Differences Between a Broker/Dealer and a Registered Investment Advisor?

By Lon Jefferies | Published: August 5, 2009
Survey results indicate 76% of Americans do not know the difference between a broker/dealer and a Registered Investment Advisor. People in the financial business currently have the freedom to call themselves whatever they like: “financial advisor,” “financial planner,” or “financial consultant” are all popular. Unfortunately, none of these terms express exactly what the individual is [...]
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The Battle Between Fee Only and Fee Based Financial Advisors

By Lon Jefferies | Published: August 4, 2009
Recently, I was honored to have an article I wrote published by FiLife.com, a website published in partnership with the Wall Street Journal. I was shocked to receive an email from FiLife.com yesterday that highlighted my article in their monthly newsletter. The article has drawn out a heated discussion among other financial advisors. Check out [...]
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What Are the Differences Between Load and No-Load Investments?

By Lon Jefferies | Published: August 4, 2009
Load investments are frequently sold by stockbrokers, insurance agents, and annuity salesmen. These investments subtract a sales charge from the dollars invested in order to compensate the individual who sold the product. The vast majority of mutual funds, insurance policies, and annuity contracts are loaded investments. Load mutual funds are sold as A, B, or C [...]
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What Are Hedge Funds?

By Lon Jefferies | Published: August 3, 2009
Traditionally, a hedge is an investment that minimizes the risk associated with another investment. The hedge is designed to increase in value when the value of the original investment declines. In 2007, Jordan’s Furniture, a Boston-area retailer, held a sale in which customers who bought certain items of furniture were promised they would get their money [...]
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