Greg Franks is managing partner and president of Snowden Lane Partners. Top Risks Faced By Solo-Advisor Practices Despite the attention given to the fiduciary standard and robo-advisors, there remains another trend that has not been as widely covered but is changing wealth management: the demise of sole-practitioner advisors. The catalysts for their demise have… View Article
Click to play A covered call strategy is an ideal way to produce additional income in a yield challenged environment, said Jesse Clinton, Managing Director at Snowden Lane. Clinton added that this strategy generally does well during a flat to slightly down market, which is what many Wall Street firms including Goldman Sachs are calling… View Article
The New York Law Journal congratulates the 50 young lawyers chosen as 2015 Rising Stars by a panel of 24 esteemed judges. Our judges reviewed nearly 300 nominations of attorneys age 40 and under who have established a record of accomplishments and demonstrated that they are top contributors to the practice of law and their… View Article
Follow @SnowdenLane NEW YORK, April 13, 2015 – Snowden Lane Partners, an independent, advisor-owned, wealth advisory firm dedicated to providing client-focused advice in a values-driven culture, today announced the company will relocate its Manhattan headquarters to a newly designed, larger space at 540 Madison Avenue. The move will be effective August 2015. According to Snowden… View Article
Volatility Rules as Stocks Fluctuate on Fed Fears NEW YORK (TheStreet) –Market volatility was back in full force Thursday, as stocks seesawed throughout the afternoon before closing slightly in the red. Equities have been unpredictable since an unexpected slide in durable goods orders on Wednesday provided investors with another sign the U.S. economy could be… View Article
NEW YORK (TheStreet) — Markets lost their bottom by the afternoon session Wednesday in volatile trading amid uncertainty over the Federal Reserve‘s rate plans. “It’s jitters as to the Fed rate hikes and kind of the divergence in central bank policy … This year we’re going to see more volatility than we’ve seen in the last three or four… View Article
Waiting at the DMV, watching paint dry or getting a root canal strike many U.S. workers as preferable to attending staff meetings, according to a recent report by collaboration-software maker Clarizen. That’s why Mike Capelle and some of his colleagues at United Capital think imitating how medical doctors run meetings to prepare for surgery can… View Article
Advisor Mike Perry likes to tell his clients about one another: not to satisfy prurient curiosity — and not, of course, as a testimonial — but to show how a particular planning strategy worked for someone else in the past. The president of Szarka Financial in North Olmsted, Ohio, finds that a real-life narrative about… View Article
Stocks climbed to fresh records on Tuesday, continuing to grind higher after Federal Reserve Chair Janet Yellen hinted the central bank is close to dropping its “patient” phrasing in reference to raising rates. The S&P 500 was up 0.29% to an all-time high of 2,116, while the Dow Jones Industrial Average jumped 0.55%, or 104… View Article
President Barack Obama on Monday proposed tougher regulations on investment brokers who handle retirement funds, saying it is time to curb hidden fees, “back-door” payments and conflicts of interest that eat into middle-class Americans’ savings. The proposal would have broad ramifications for Baltimore’s financial services industry, including global money manager T. Rowe Price and a… View Article