Recently Released!!!
Date Published: September 2011
Comprehensive Power Point Deck: 607 Slides
Summary Power Point Deck: 86 Slides

The purpose of this research is to provide readers with an initial understanding of the economy & markets and their impact on the financial services industry, various products & services, various markets & distribution channels, and specific financial services firms. This research addresses the unemployment rate, interest rates, inflation, the value of the dollar, oil prices, home sales, & other factors, and their collective impact on the stock & bond markets, and the financial services industry.

This research outlines four historical phases: 

• Country Formation Phase
• Great Depression & Aftermath Phase
• Growth Phase
• Troubled Times Phase

This research leads to five primary conclusions:

• Significant Consumer Impacts
• Decreased Revenues for Full-Service Brokerage,Discount Brokerage, & Financial Advisor Firms Due to Depressed Markets
• Asset Managers & Registered Investment Advisors Will Have Lower Revenues Due to Lower Assets Under Management
• Slow Recovery Likely
• Many Prior Investment Assumptions No Longer True & Theories Need to Evolve