In a word, NO. Northern Trust is totally worthless. I thought with them I might get some good advice...Wrong. They are all crooked. Cost me over 750K over 10 years before I dumped them. They are all awful. Tried a few smaller ones, but they are all in it for the commission.
Do your own DD and keep your portfolio manageable. Analysis firms are to busy moving stock prices for their buddies, and the investments banks well........Just plain Sughhhk
Please don't forget what these criminals did with the mortgage backed securities. The government gave all of them a 'get out of jail free card' - nothing has changed, they're just not as stupid this time around. This is the most unbelievable scenario in the world.
A - you call yourself a 'bank'
B - customer's come and give you their hard earned money
C - you pay them a whopping 2% interest on that money and give them a toaster
D - you set up a trading platform for derivatives using their money
E - you set up or partner with a 'dark pool' off-shore
F - you make billions manipulating the markets with your 'bots'
G - you pay yourself millions in bonuses each year from that money pool
H - And . . . the consumer, unfortunately is not included in the profit sharing from the money pool
I - small businesses and consumers still find it difficult to get loans from you
Take your money and put it in a credit union. I got very tired of seeing Jamie Dimon's smirk in front of all those senators who read him the riot act - WAFJ
Yes there is, but you have to buy your research then it is un biased. They have to do good research or their customers won't pay any more. If investors are buying research and the company gives them bad investment then they will not stay in business very long. Value Line investments has great research but they will not recommend investments like Arena, they do research on over 5000 stocks and rank them according to their time line and anticipated returns.
Of there are, but you are not getting their rec. There are plenty of serious analytical firms that provide opinions to hedge funds. What you hear is "sell side". The good analysts are those who who provide research to the "buy side".
do you personally pay money for the work product of these analyst firms ??? if no, then you should assume their published research/opinion is at the very least,,, a day late and a dollar short.
you simply must do ur own due diligence.
Veritech that's like asking if Wall Street brings anything to the economy besides rewarding themselves. This country will sink into poverty if we expect those snakes to make retirement work for the folks that work hard and then they screw them with their own 401k money. How come pensions generally only go to gov leaches? You have your answer gov workers the new aristocracy.
Most gov't workers are in a union. What the unions suck out of the gov't and private corps is unsustainable. Union people eventually lose their jobs or benefits. It is like perpetual motion machine great to strive for but unattainable. New Jersey unions are trying to block small business from participating im the re-construction from Sandy. That is why their is a price tag of 60 billion dollars now and before it is over it will be 120 billion. Many of the expenditures in the gov't are at union scale, if not union labor. If you bid a gov't contract you must provide your workers Union scale. Now, I wonder why we have a tremendous deficit. Certainly not the whole reason but certainly a major contributor.