http://registeredrep.com/ Registered Rep News en-us http://registeredrep.com/advisorland/career/smith_barney_loses_top_executive_cfo_program_on_the_rocks0709 After just 7 months on the job, Chris di Bonaventura, head of the Citi Family Office group, handed in his resignation, Smith Barney confirmed. The departing exec is joining Fidelity’s Family Office Service Business. career Thu, 09 Jul 2009 10:17:00 EDT http://registeredrep.com/training/cima_adds_postmpt0808 training Wed, 08 Jul 2009 17:39:00 EDT http://registeredrep.com/newsletters/wealthmanagement/build_america_bonds_0708 Among the many economic stimulus provisions in the American Reinvestment and Renewal Act of 2009 is a short-term program to expand financing alternatives for state and local governments. The legislation creates a new category of taxable municipal bonds (Build America Bonds or BABs), designed to facilitate financing of state capital expenditures and operations. New issues of BABs, which must be issued before 2011, already are reaching the market, with implications many investors should consider. wealthmanagement Wed, 08 Jul 2009 17:13:00 EDT http://registeredrep.com/ubs/ubs_hoekstra_tax_issues0708 A story in the Financial Times teasingly suggests UBS US Wealth Management is in for a big change at the top. Marten Hoekstra, CEO of the US unit, may be ousted or get a wingman, it says. ubs Wed, 08 Jul 2009 14:46:00 EDT http://registeredrep.com/wealthmanagement/bear_greed_miscommunication0706 Back in the Great Buying Panic of the late 1990s, I once asked a financial advisor what his biggest problem was. His response: “Managing client expectations.” This question was posed in the summer of 1999, the year the Nasdaq Composite soared by 85.6 percent—on top of double-digits gains in the preceding four years. The advisor told me: “My clients think it’s always like this.” For more, please go to VonAldo.com, the blog of RR editor-in-chief David A. Geracioti. wealthmanagement Mon, 06 Jul 2009 12:33:00 EDT