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Investment Advisers
Investment firm buys former bank branch
January 22, 2011
IBJ StaffC.H. Douglas & Gray will relocate to 71st & College building previously owned by PNC Bank.
MoreMoney flowing to international markets
January 1, 2011
Sam BrattainBooming growth, rising middle classes are attracting investors.
MoreSound Mind launches its third mutual fund
December 23, 2010
Francesca JaroszThe Securities and Exchange Commission on Thursday approved the Sound Mind Balanced Fund, a Columbus, Ind.-based mutual fund
that aims to cater to conservative investors.
MoreSKARBECK: Brokerage soft costs under tighter scrutiny
December 11, 2010
Ken SkarbeckMany investment firms, hedge funds and mutual funds participate in this less-than-desirable industry practice.
MoreIndianapolis investment adviser Gene Tanner in it for the long haul
November 20, 2010
Norm HeikensAt 78, L. Gene Tanner is one of the longest-serving investment advisers working in Indianapolis. Tanner spoke with IBJ's
Norm Heikens about why he shifted to City Securities, his brush with convicted Ponzi scheme operator Bernard Madoff, and how
his investment strategy has changed.
MoreGold is booming, but for how long?
November 20, 2010
Marc D. AllanExperts are split over whether runup in precious metal is a classic bubble.
MorePRINCE: Why iPad could save investment firms money
November 20, 2010
Douglas PrinceThe device is projected to save Prince Group office at Stifel Nicolaus & Co. more than $3,000 in paper alone.
MoreSKARBECK: Changes on horizon for mutual fund fees
October 30, 2010
Ken SkarbeckThe U.S. Securities and Exchange Commission is proposing significant changes to the structure of the annual marketing or distribution
fee on mutual funds known as a 12(b)-1 fee.
MoreSecretary of state files complaint against teachers' fund broker
October 27, 2010
Kathleen McLaughlinDavid Karandos, a broker who advised the Indiana State Teachers Association Insurance Trust before it collapsed in 2009, is
facing an administrative complaint from the Indiana Securities Division, which alleges 13 violations for unethical, dishonest
and deceptive practices.
MoreLEADING QUESTIONS: CPA Sponsel takes calculated risk
October 13, 2010
Mason King
With a family history rich with entrepreneurs, Tom Sponsel decided late
in his accounting career to strike out on his own.
City Securities snares veteran stockbroker from competitor
October 11, 2010
Scott OlsonL. Gene Tanner has left PNC Investments to join City Securities Corp. The veteran stockbroker who began his career with the
former Raffensperger Hughes firm in 1958 said he has returned to familiar territory.
MoreBusiness school expands investment theme for students
September 18, 2010
Norm HeikensGrant will give Indiana University undergrads a shot at managing real money.
MoreSKARBECK: Cheerleaders and analysts share optimistic outlooks
September 4, 2010
Ken SkarbeckA recent report from the consulting and research firm McKinsey & Co. detailed the propensity for investment firm analysts
to repeatedly issue excessively optimistic earnings forecasts.
MoreNew IU program lets students invest $100,000
August 31, 2010
IBJ Staff and Associated PressKelley School of Business Dean Dan Smith said a $100,000 donation from two IU alumni will provide a hands-on learning opportunity
for students.
MoreSchrenker to plead guilty to securities fraud
August 12, 2010
IBJ Staff and Associated PressA former money manager convicted of trying to fake his own death in a Florida plane crash last year has agreed to plead guilty
to securities fraud charges in Indiana. Marcus Schrenker would face 10 years in prison.
MoreEdward Jones eyeing Indianapolis expansion
August 12, 2010
The St. Louis-based financial services firm plans to add 62 branches within the next five years here to complement the existing
90 locations it already has in the city and surrounding counties.
MoreJPMorgan's wealth advisory group led from Indianapolis
August 7, 2010
Peter SchnitzlerElizabeth Schlueter started out in Fort Wayne and rose through a series of promotions that landed her not on Wall
Street but in Indianapolis.
MoreCity Securities rebounds quickly from recession
June 5, 2010
IBJ StaffIndiana's oldest and largest investment banking firm expects its revenue to increase 20 percent to 25 percent this year.
MoreState finalizes auction-rate securities settlements
April 29, 2010
Scott OlsonTwelve investment firms agree to repurchase auction rate securities from Indiana clients for a total of over $370 million
and
to pay fines totaling more than $3.5 million.
MoreFormer basketball players accuse firm of investment fraud
April 16, 2010
Peter SchnitzlerThree Serbian players, two of whom spent time in the NBA, allege Carmel-based Worldwide Associates LLC mismanaged over $12
million.
MoreSKARBECK: How Grace stayed patient under pressure to sell
April 3, 2010
Ken SkarbeckWhen we left, we were trying to imagine a few of the many obstacles Grace might have encountered as her initial investment
grew into $7 million over 74 years.
MoreSchrenker: 'Data' show he tried to fake own death
March 15, 2010
IBJ Staff and Associated PressA former Fishers money manager facing fraud charges acknowledges in a newspaper interview that evidence indicates he was trying
to
fake his own death when he parachuted from his private plane that later crashed in a Florida swamp.
MoreBarron's magazine names state's best financial advisers
March 6, 2010
IBJ StaffThe majority
of the top advisers work for Merrill Lynch, and all but two live in Indianapolis.
MoreSKARBECK: Financial reform should start with derivatives
March 6, 2010
Ken SkarbeckAt the very least, regulators need to get control of derivative trading—transactions need to be more transparent and
carried
out on an exchange.
MoreLocal investment firm sold
February 12, 2010
Indianapolis-based Redwood Investment Advisers Ltd. has been purchased by a firm in Portland, Ore. Redwood, whose clients
include physicians and physician groups, has $350 million in assets under management.
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Same kind of Luddites who oppose I-69. Guessing their 501(c)(4) application probably sailed right through the IRS.
It hurts me that Indianapolis is turning into Chicago south with the rampant corruption that exists in our local government. Favors and money being passed back and forth like candy.
With Kravitz's huge ego I'm sure he would be confident in his ability to lower the quality of arts coverage to the mediocre level to which the STAR aspires overall. Besides, coverage of the arts is largely nonideological and requires that opinion be based on knowledge, which would disqualify the vast majority of the dwindling staff.
I wonder which of the altruistic industry/civic leaders who are promoting this plan have tied up cheap land purchase options on the "prime waterfront real estate" surrounding this future reservoir?
I'm sorry but what are Abdul's credentials for giving legal advice and opinions? Paul Ogden and Gary Welsh would be much better candidates.