Articles by tag - smith barney

Following a mass migration of brokers from Merrill Lynch after the buyout by Bank of America, some high-ranking executives and brokers are returning. Is this an exhibition of disloyalty and conflicts of interest between brokers and you, the client?
Posted on February 23, 2010 by
I've been trying to move large amounts of money out of Smith Barney to the higher yielding online savings and CD accounts listing on this site. This week, Smith Barney made it very difficult.
Posted on January 17, 2009 by
With all the attention on Citi and all the speculation about the possibility that it will go down, where is the discussion of Smith Barney and the many people who have accounts with them. Does a crash of Citi mean a crash of Smith Barney and the loss of some or all of the positions in one's accounts?
Posted on November 23, 2008 by
In times like these, and stupidly only in times like these, people begin to look at the protection (insurance) coverage underwriting their own, individual brokerage accounts. And what one finds is a real eye opener. If you have more than $500K in a brokerage account, everything over that amount is totally unprotected. And this is as true for the big ones (Merrill and Citi/Smith Barney) as for the smaller ones (E*Trade and CD Ameritrade). If you don’t have more than a half million, you can rest easy. If you do, you are on your own. If this economy falls apart – if we move into severe recession and some banks go into bankruptcy – there is a real likelihood of loosing a lot of wealth – that means you, not just the guys with multiple millions.
Posted on December 05, 2007 by

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