Catch A Falling Star…

By | September 27th, 2016|Advisor Insights|

And put it in your pocket You’ll remember Tom Marsico. He earned a good degree of fame for his stock-picking prowess at Janus Capital back in the 90s. Fame was so bright, in fact, he bolted from Cherry Creek in 1997 to launch his own shop, Marsico Capital, in downtown Denver. Just three years later [...]

Wall Street Journal Feature

By | September 16th, 2016|WSJ Feature|

Article as seen in the North Texas Premier Financial Advisors publication, a special advertising supplement to the Wall Street Journal If the notion of having access to institutional-quality asset management sounds appealing, read on. Fund Architects was founded to provide investors dynamic investment portfolios designed to capitalize on constantly shifting global markets. “We could see [...]

A Thought For Your Pennies

By | September 13th, 2016|Advisor Insights|

Ever wonder why Congress has an approval rating of 13%? Don’t. By all appearance the number is between 12 and 14 points too high. To wit: The U.S. House actually passed a bill last Thursday that would actually allow the nation’s smallest public companies to offer stock without getting approval from the SEC. The nation’s [...]

Calm Before the Storm?

By | August 31st, 2016|Advisor Insights|

Any idea what the “Greenspan Put” might be? No? Well here are a couple of hints: Greenspan refers to a rather loquacious former Fed Chief named Alan; "put" refers to contractual obligation giving its holder the right to sell an asset at a particular price. So what do you get when you put the two [...]

No Legg to Stand On

By | August 17th, 2016|Advisor Insights|

There’s not that many long-running relationships on Wall Street to begin with, and now there’s one less. Last week, Bill Miller, the Legg Mason manager made famous by beating the S&P 500 from 1991 to 2005, is leaving the Baltimore-based money firm after 35 years. The breakup is somewhat anticlimactic, of course, since Miller’s good [...]

Rhymes With Utopian

By | August 3rd, 2016|Advisor Insights|

So, what do you do when you’ve made a billion dollars trading other people’s money and the regulators have barred you from trading other people’s money? Here’s an idea: Start trading other people’s ideas. Quantitative investing is the process of choosing potential investments based purely on statistical measurements True enough, the infamous Steven A. Cohen, [...]

You Bet Your (Herba)Life!

By | July 19th, 2016|Advisor Insights|

On Friday, the FTC announced it had reached a settlement with Herbalife Ltd. that will allow the “nutritional-products” company to avoid being classified as a pyramid scheme. In return, the Los Angeles-based outfit will have to make significant changes to its business practices and pay a $200 million fine for its deceptively promissory behavior. A [...]

Unsentimental Journey

By | July 5th, 2016|Advisor Insights|

By way of reminder, it was June 23 when voters in Great Britain decided to go on permanent vacation from the European Union. Here we are nearly two week later, and the markets are still tallying up the winners and losers. According to the Wall Street TripTik, the S&P 500 lost 5% in two days [...]

Exchange Traded Fun

By | June 20th, 2016|Advisor Insights|

So, in today’s bizarre trading world, where a “speed bump” can be defined as a delay of 350-millionths of a second, the SEC voted Friday to certify the IEX Group Inc as the U.S.’s 13th national stock exchange. The decision is notable in that it makes the IEX the only exchange anywhere to include a [...]

Dude, You’re Getting a Dell

By | June 6th, 2016|Advisor Insights|

Thomas Rowe Price, Jr. was 40 years old when he bolted from his position as the head of investment for MacKubin, Legg and Co. in 1937. That year, he and three of his Baltimore buddies launched T. Rowe Price and Associates to trade stocks for investors who appreciated the boys’ asset-based fee system. T. Rowe [...]