Slideshow Bank Investment Consultant's Top 10 Stories of 2010

Published
  • December 30 2010, 12:00am EST
11 Images Total

#1. A Closer Look at the Top 50 Bank Reps

#1. A Closer Look at the Top 50 Bank Reps


In December Bank Investment Consultant magazine honored the industry's best bank-based financial advisors for 2010. We took a closer look at what makes them so great.


Read the complete story here.


#2. Clients Behaving Badly

#2. Clients Behaving Badly


After the Dow Jones industrial average lost 54% of its value between October 2007 and March 2009, investors decided they'd had enough. They yanked a net $97.5 billion out of domestic stock mutual funds over the following 19 months, putting their money into bonds, CDs and mattresses instead.


Read the complete story here.

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#3. Taking Care of Business

#3. Taking Care of Business


In our September issue, we profiled Rhonda Arnett, a senior financial consultant with Primevest at Columbia State Bank in Tacoma, Wash. She feels a special connection to small-business owners because when she was younger she worked for one: Her father-who owned an auto repair shop.


Read the complete story here.


#4. Rebuilding Citi

#4. Rebuilding Citi


In September, we discussed Citigroup’s new strategy. In 2009, its switch to a fee-only program that targets wealthier clients caused many bank brokers to leave, but some advisors remain gung-ho about the opportunity to grow recurring revenue business.


Read the complete story here.


#5. What's Wrong With Bank Brokerage?

#5. What's Wrong With Bank Brokerage?


Rick Rummage argued in an August story that while bank brokerage certainly has found a solid footing in the investment industry over the past 10 years, its advisors still lag their wirehouse cousins in production, something that shouldn't be the case, considering banks' much-touted referral stream.


Read the complete story here.

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#6. The Top 20 Program Managers

#6. The Top 20 Program Managers


In June, Bank Investment Consultant ranked the managers of the most productive advisors in bank brokerage


Read the complete story here.


#7. Rules of Engagement

#7. Rules of Engagement


According to our June issue, social networking websites are all the rage, but compliance risks abound for broker-dealers.


Read the complete story here.


#8. Surviving a Bank Failure

#8. Surviving a Bank Failure


BIC Editor Howard Stock wrote in our March issue, “with 166 banks shut down by the FDIC in 2009, sudden operational collapse remains a risk for many bank reps.”


Read the complete story here.

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#9. Rethinking Modern Portfolio Theory

#9. Rethinking Modern Portfolio Theory


In our February issue, Joan Warner asked “are we all doing it wrong — or is the theory in need of updating and repair”



Read the complete story here.


#10. When the Wolf Is at the Door

#10. When the Wolf Is at the Door


How some advisors are helping those affected by layoffs and a diving home prices — and getting rewarded for it.


Read the complete story here.


Bank Investment Consultant's Top 10 Stories of 2010

For advisors in the bank channel, 2010 was a year of regulatory change, market rebounds and relative uncertainty. It was also a year of creativity, ingenuity and success. Here were some of our top stories from the year that was.