The following is based on one of Norm Trainor’s clients, Walton Rogers.
What does it mean to be in the top 1% of your profession? For members of the Million Dollar Round Table (MDRT), it means that you are not only recognized as having reached the pinnacle of success in your profession, but also, that you are the beneficiary of a tradition of sharing that is unusual in our competitive world. Walton Rogers was chosen by his peers to be the President of MDRT for 2009 and to be a part of its Executive Committee for five years. His election to this august position recognizes his years of giving back as a trusted member/leader in over 25 leadership positions. However, Walton would be the first to admit that he has gained far more than he has given through this association.
This month, many advisors are working on next year’s business plans.
For many advisors, these business plans will end up like a black hole in space – lots of energy will go in and little or nothing will come out.
Causes of the “black hole” effect
There are number of things that cause business planning to fail to translate into results.
First is underestimating the impact of entrenched habits – and failing to build in routines around new initiatives emerging from the business planning process.
Gold Catches Traders by Surprise by AdvisorAnalyst 12 Mar 2010 at 12:50pm
Adam Hewison, of MarketClub, a seasoned Chicago trader, shares his thoughts on gold in his latest trading video.
The move down in gold yesterday su... How to Treat a Cold with Dr. Pepper, and other Weekend Reads by AdvisorAnalyst 12 Mar 2010 at 11:17am
Here are this weekend’s diversions for your reading pleasure. Have a great weekend, and March Break!
Testosterone: Friend Or Foe?
If testosterone i... Why Gold is Declining (The King Report) by AdvisorAnalyst 12 Mar 2010 at 10:52am
We received several inquiries about why gold is declining. Our view is gold is retrenching because:
• UK QE has ended (for now)
• US QE will end i... UniCredit Bank Warns Plunge In Sterling And Gilts, Britain Is Next “To Be Pum... by ZeroHedge.com 12 Mar 2010 at 10:31am
This article is a guest contribution from ZeroHedge.com.
Kornelius Purps, director of fixed income at Europe’s second-largest bank, UniCredit, has ... Chart: US Consumer Holds Back Growth by Prieur du Plessis, Investment Postcards from Cape Town 12 Mar 2010 at 10:19am
An interesting chart comes from the Consumer Metrics Institute (via Clusterstock - Chart of the Day) that constructs a US consumption index based o...
Stay on top of the latest headlines from the Wall Street Journal Online.
WSJ What's News Late Edition, March 12,2010by The Wall Street Journal 12 Mar 2010 at 4:47pm
Stocks maintain a narrow range on mixed economic data but move higher for the week; retail sales posts an unexpected gain in February; and Toyota faces a lawsuit in California.
Jeffrey Saut Daily Audio Comment Raymond James
Listen to the recording with one of the media players below:
Jeff Saut’s Daily Audio Comment is recorded every weekday, except Wednesday, at 9 a.m. ET. It is made available to the public on this Web page at approximately 1 p.m. ET.
Updated Twice Daily - Click to Listen