HAUKE: Future of car stocks may be electrifying
At some point, fuel cells may answer the hype they’ve lived under the last 15 years.
Wealth Management
Articles
SKARBECK: Short-term sizzle can’t beat consistency
To achieve outsized returns, whether in mutual funds or individual stocks, investors must avoid the hype and reliance on past outperformance.
OneAmerica to acquire McCready and Keene
McCready and Keene Inc. is the fifth-largest employee benefits firm in the Indianapolis area. It employs 95 people nationally, 82 of them in Indianapolis, according to IBJ research.
Schrenker auction expected to fall well short of claims
More than $30 million in claims have been filed against Marcus Schrenker, but a court-appointed receiver expects an auction
of the financier’s property on Saturday to bring in less than $1 million.
Auction to sell items from former money manager
The court-ordered auction includes a motorboat, jet ski and a $30,000 diamond ring, as well as a motorcycle that Marcus Schrenker
used to flee police.
Former basketball players accuse firm of investment fraud
Three Serbian players, two of whom spent time in the NBA, allege Carmel-based Worldwide Associates LLC mismanaged over $12
million.
HAUKE: There’s little down side to investing Down Under
The country started off as a dump for prisoners and other unwanted British citizens, but it has evolved into a modern-day
paradise.
HAUKE: As a rule, market doesn’t reflect today’s bad news
Until a bull market reaches its last stages (the final three to 12 months), there is a general lack of belief that the market
can go higher.
SKARBECK: Amazing patience paid off for Grace
Back in 1935, she invested $180 in Abbott Laboratories stock and never sold it. This one decision became the entire investment
career of Grace Groner.
HAUKE: Letter to David Simon: Be careful with General
Simon is at a crossroads where many other CEOs have found themselves, with most of them getting caught up in the circus, only to find destruction in their wake.
SKARBECK: Biglari’s ambitious, but he’s no Buffett
While Sardar Biglari’s effort to duplicate Warren Buffett is clear, some of the Steak n Shake chief’s moves have been superficial.
HAUKE: Indicators point toward bearish bond market
There is a real possibility that the highs for the bond market have been reached, and we are in the early stages of what may turn into a powerful, sustainable and long-term bear market for government bonds.
Competition is likely heating up to steal away National City private clients from PNC Financial
As PNC digests its acquisition of National City Corp., it probably is pulling out the stops to protect the lucrative customers
from being lured away by competitors.
Some of city’s most successful money managers are father-son teams
All parents hope to teach their kids the value of money. Few end up successfully investing hundreds of millions of dollars
together. But for a handful of top local teams, wealth management is a family affair.
SKARBECK: Getting a good price hinges on stock’s value
Making investment decisions based on where a stock price has been in the past or betting on where it may go in the future is futile and foolish unless the investor has determined the value of the stock.
Securities firm Stifel Nicolaus balks at fraud charge
Transactions cited in the complaint involved advisers scattered across the firm’s seven Indiana offices, though two-thirds
were clients of Jeff Cohen.
Trial delayed for money manager Schrenker
An Indiana judge has delayed until March the trial on securities fraud charges of a former money manager who tried to fake
his own death by jumping from a small plane before it crashed in Florida.
Events to teach personal finance, money management
Hundreds of free events to educate consumers on personal finance and money management will occur around Indiana the week of
Oct. 10-17 as part of the Federal Reserve Bank of Chicago’s annual Indiana Money Smart Week.
Widow likely biggest beneficiary of Simon’s estate
Bren Simon likely will inherit at least one-third of her billionaire husband’s fortune and potentially much more,
wealth managers speculate, based on the legal and tax issues involved in such a large estate.