TITLE

Mutual Funds R Us

PUB. DATE
March 2005
SOURCE
Journal of Financial Planning;Mar2005, Vol. 18 Issue 3, p21
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article reports on the launch of a franchise called The Mutual Fund Store by an ex-stockbroker in the U.S. as of March 2005 which recommends only mutual funds on a fee basis to clients with an investable minimum of $50,000. The store does not handle other aspects of financial planning such as estate planning and insurance. About 15 offices were established as of early January 2005, often located in strip malls next to such services as orthodontics, cell phone stores, and fast food outlets. The firm's headquarters in Overland Park, Kansas, does the back office work, leaving the franchisees to make specific recommendations to clients from the firm's approved list of funds. Clients can choose individual funds, construct a personalized portfolio, or choose from preset portfolios. Founder Adam Bold's three-hour syndicated radio show in the cities where franchises operate drives much of the stores' traffic.
ACCESSION #
16401744

 

Related Articles

  • 'Mutual Fund Store' Franchises Across U.S. Pizzani, Lori // Money Management Executive;11/22/2004, Vol. 12 Issue 46, p1 

    The article presents the success-story of the mutual-fund-only, predominantly franchise-operated, and fee-based financial planning outlets called Mutual Fund Store. Adam Bold, a former registered representative with a brokerage firm, founded the venture in the basement of his home in Overland...

  • Vanguard, Fidelity Make Hall of Shame. Frankie, Chris // Money Management Executive;10/18/2004, Vol. 12 Issue 41, p1 

    This article reports that the mutual funds of the mutual fund companies Fidelity Inc. and Vanguard Group Inc. have been listed as the worst in the U.S. The Fidelity Destiny 1 fund and the Vanguard U.S. Growth fund are two of 15 funds that Adam Bold, founder and CIO of Mutual Fund Store, a...

  • Financial Engines to Acquire Brick-and-Mortar Advisory. Manganaro, John // Plan Advisor News;2015, p1 

    Not convinced that robo-advisers are shaking up the defined contribution retirement plan advisory space? This week's news that digital-advice darling Financial Engines will acquire a firmly established traditional advisory chain, The Mutual Fund Store, might finally change your mind.

  • Mutual Fund Store to Expand, H&R Block-Style. Pizzani, Lori // Money Management Executive;4/16/2007, Vol. 15 Issue 15, p9 

    The article reports on the plan of Mutual Fund Store to expand its services in the U.S. The company has 54 storefront locations and provides advisory services to more than $3 billion in client assets. Adam Bold, founder of the firm, will assume the role of executive chairman and continue to...

  • Financial Engines' $560M Deal Puts Humans in the Machine. Din, Suleman // Financial-planning.com;11/6/2015, p4 

    The article offers the insights of Larry Raffone, chief executive officer (CEO) of investment advice company Financial Engines, regarding the acquisition of the Mutual Fund Store from private equity company Warburg Pincus by the company which needs traditional advisors to stay competitive.

  • Business News.  // South County Journal;12/7/2011, Vol. 56 Issue 49, pA8 

    This section offers business news briefs in Missouri, including the hiring of South City resident Michael Sorth as executive director of Gateway Greening, the appointment of South City resident Parris Finger as mortgage loan underwriter of Gorman and Gorman and the new location opened by Mutual...

  • The Tables Turn. Worrell, David // Entrepreneur;Jan2007, Vol. 35 Issue 1, p65 

    The article presents five fundamental elements that attract investors to make great investments in a certain company in the U.S. The elements mentioned include quality products, large and growing market, well-defined financial records and projections, excellent industrial management, and...

  • Financial Engines to Acquire Brick-and-Mortar Advisory. Manganaro, John // Plan Sponsor News;2015, p1 

    The article discusses the acquisition of advisory chain Mutual Fund Store by investment advice company Financial Engines, and presents the views of Financial Engines' president Lawrence "Larry" Raffoneto on this deal.

  • Planning for Long-Term Care. COTE, GAYEL // Business NH Magazine;Dec2015, Vol. 32 Issue 12, p31 

    The article discusses the survey conducted by A Place for Mom and the Mutual Fund Store which shows the percentage of Americans who did not discuss long-term care for their parents. It outlines some tips on how to discuss long-term care for parents by speaking to a senior living advisor, talk to...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics