May 16, 2016 |
Hugh Cunningham will tell you he doesn't know much about the new U.S. Department of Labor regulations, introduced in April, that govern retirement investments such as annuities, though he's an investor in annuities. This much he knows firsthand, though: He wasn't happy with some old sales tactics behind the complex products. A few years ago, when the Washington Township resident was on the cusp of retirement, he wanted to put a portion of his assets into something that would generate income after he stopped working.
March 31, 2016 |
When times were good for onetime Villanova University basketball standout turned bank chairman and successful Main Line money manager Barry R. Bekkedam, his tastes tended toward Ferraris, Aston Martins, and travel by private jet. But that was before the 2008 financial collapse; before he lost millions in investor cash to a $1.2 billion Ponzi scheme; and before the financial institution he cofounded, Berwyn-based Nova Bank, collapsed into a hole,...
March 15, 2016 |
TOUR GROUP 10 p.m. Tuesday, Bravo. Two episodes in, it seems safe to say Jared Levy is in the running for class flirt of Bravo's Tour Group . The 38-year-old Northeast Philly native, a financial adviser who graduated from George Washington High School ("I actually went to school with Kevin Hart"), has been particularly attentive to two of his fellow travelers, nonidentical twins named Misty and Jenna. But the fast-talking Levy, whose previous TV experiences involved talking about money, said he was interested in becoming a bit less guarded and careful when he agreed to be part of a group of 11 people chosen to see the world on Tour Group . Levy spoke recently about his experiences on the show, which airs at 10 p.m. Tuesdays: You introduced yourself on the show by saying, "If Steven Hawking had a baby with Snooki, I would probably be the product of that relationship.
February 26, 2016 |
A financial adviser has been charged in the death of a Philadelphia woman whose body was found dumped on a central Pennsylvania road on Valentine's Day, police said. Robert Moir, 59, allegedly told police that after spending several nights with Corrine Pena, 35, he awoke one night to find her dead in his bathroom from an apparent drug overdose. He then carted her corpse in his Mercedes-Benz to a snowy, secluded road in Centre County, where he dumped it and wrote authorities an anonymous letter to help them identify the body, according to an affidavit filed in the case.
February 18, 2016 |
At age 84, Raymond Welsh still prided himself on getting to work early each morning. A partner at UBS Financial Services, Mr. Welsh had spent his entire career with the company. He waved off questions of retiring with a grin. Last year, the company threw him a 60th anniversary party. Friends knew he would work as long as he possibly could. "You could set a clock by him," said Ted Durkin, the branch manager and complex director at the company's Philadelphia office. Mr. Welsh, of Haverford, a respected financial adviser and major philanthropist in the Philadelphia area, died Sunday, Feb. 14, after contracting a bacterial infection.
October 23, 2015 |
Citigroup and the Wharton School are launching a joint three-year executive education program called Citi Wharton Global Wealth Institute, scheduled to open in December on the main University City campus and on Wharton's campus in Beijing. The program could enroll as many as 1,000 of Citi's 4,000 or so retail financial advisers around the world over three years, said Rodolfo Castilla, head of Citi's Global Wealth Management Products and Platforms. Why did the world's largest bank choose Wharton?
September 12, 2015 |
As a second baseman, Thomas C. Goldschmidt Jr. touched all the bases, from Little League through Camden Catholic High School and into the adult teams in the U.S. Amateur Baseball League. "From what I heard," his wife, Vinese, said, "he always loved baseball. " She recalled the family story that, because Mr. Goldschmidt seemed ever on the move, "his father, when he was 2 or 3, used to call him Scooter Boots. " On Sunday, Sept. 6, Mr. Goldschmidt, 50, known as Tim, died of a heart attack at Kennedy University Hospital in Washington Township, where he resided.
August 27, 2015 |
Robert M. Wall Jr., 69, of Mount Laurel, an English teacher at Haddonfield Memorial High School who became a financial adviser, died of brain cancer Friday, Aug. 21, at Virtua Memorial Hospital in Mount Holly. Born in Rahway, N.J., Mr. Wall earned a bachelor's degree in English at Villanova University in 1968 and a master's at what is now Rowan University in 1980. Mr. Wall taught at Haddonfield Memorial in the 1970s and 1980s, and in 1985 became a financial adviser at the Equitable Life Assurance Society of the United States.
July 24, 2015 |
When ex-Eagle Irving Fryar needed money in 2008 and 2009, a financial adviser now serving time in federal prison told him about a scheme they could use to defraud banks, New Jersey Deputy Attorney General John Nicodemo said in opening arguments at Fryar's trial in Mount Holly on Wednesday. By applying for multiple mortgage loans in quick succession, and using one property as collateral, the two men could obtain money that banks normally would not approve, Nicodemo told the jurors.
June 29, 2015 |
Dwayne "the Rock" Johnson is one of the greatest performers of 2015. Seriously. Few actors can claim to have fought as many diverse foes, or done it with as much credibility and charisma, as Johnson has so far this year. And he's still got six months to go. In the mega-blockbuster Furious 7 , released in April, Johnson took on the man-versus-man thing, utilizing not only his hand-to-hand combat skills against Jason Statham's diminutive-yet-bomb-happy villain but also a flamethrower against, well, anyone else.