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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 Operating Officer

Chief Operating Officer - the chief operating officer (COO) is an executive corporate officer of a company or corporation that oversees day to day operations. The COO is usually named because the CEO is too busy to handle the day to day operations. The COO reports directly to the CEO. Main duties are to oversee the operations of the company, develop more efficient and cost cutting ways to improve the performance 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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