30 November 2017

Pictet hires new Partner

Assuming the purported annual compensation is close to reality (Sfr 25 Million) one can truly say that Boris Collardi works on 'Wealth Management', his own! Let's hope that 'clients' do as well, since 2009 there has been a continuing boom period in all asset classes. As most fund managers tend to be more or less long come rain or shine they will have happy customers and no one will be checking the substantial fees too closely. When the inevitable bear markets - or even stock market crashes - arrive the moment of truth will arrive. Fees will still be charged, but as the proverbial question will arise: 'Where are the customer's yachts?' (in this case on Lake Geneva)

Wealth Management - but for whose pocket?

16 November 2017

What Americans pay in Advisory Fees

Personal Capital Advisor Fee Report

13 November 2017

Beware of Investment Scams!

Nearly a decade after Bernie Madoff, Americans are still losing their life savings to Ponzi schemes.
It is difficult for ordinary investors and savers to identify swindlers and conmen. PBAdvisory can help you with due diligence and allow you to follow the old principle: Investigate before yu invest! It is surprising how often investors neglect to conduct the most basic background checks before parting with their hard-earned money.