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Tip of the Day "Fee-Only" is Your Friend

"Fee-Only" is Your Friend - Unlike financial advisors that work on a fee-base or commission-base service, "Fee Only" based advisors are the only ones legal obligated to act in your...

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Chief Executive Officer

Chief Executive Officer - a chief executive officer is the highest ranking official of a corporation.  The Chief executive officer, commonly known as the CEO, typically is the president of the company, and reports the Board of directors. The CEO usually presides and oversees all daily business operations, sets strategies for company success, and is the spokesperson between the company and the board of directors.  In some cases the Chief Executive Officer has a spot on the board, or even is elected Chairman of the Board, depending on the striation of the company.

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Definition of the Day Block Positioner

Block Positioner - A block positioner is a member who is registered in the Securities and Exchange Commission, and who deals, sells, securities while taking a long or short position with stocks and bonds. A block positioner takes this stance with the hopes that he or she will net a...

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