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How Frank Campanale's E.F. Hutton resurrection, a TD management hire and upbeat advisors electrified IMCA's annual conference

More than 1,500 advisors came to the Potomac -- including more than a few of Campanale's Smith Barney Consulting alumni

Author Guest Columnist Timothy D. Welsh April 26, 2012 at 5:40 AM
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Timothy Welsh: Campanale and his team were caught somewhat flat-footed when the story broke.

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Mentioned in this article:

TD Ameritrade
Asset Custodian
Top Executive: Tom Nally

Investment & Wealth Institute
Top Executive: Sean Walters

Nexus Strategy
Consulting Firm
Top Executive: Timothy D. Welsh

C. J. Williams

C. J. Williams

April 27, 2012 — 11:40 AM

I was at the IMCA Conference. I spoke with Frank. He was very clear that EF Hutton was announcing that it would launch later in 2012. Contrary to the impression left by this article, it was obvious that they were well-prepared for the attention. Frank said they are planning an innovate approach that they will announce when they launch. And, Frank said that they would unveil their plans later – at the point they launch. Obviously they purposely decided not to reveal their specific plans. Their website in this pre-launch stage is www.efhuttoncompany.com The site doesn’t provide much info at this point. Anyway, Frank is one of the most experienced people in the industry and has been involved in some innovative things that changed the industry. I think it’s best not to under-estimate the man. Certainly reviving EF Hutton is unique – a really brilliant move. I am looking forward to hearing what EF Hutton will be doing.

Eric Mabius

Eric Mabius

April 27, 2012 — 4:17 PM

When stock market was doing well, all my friends, portfolio had much higher return on investment than mine because I had kept my portfolio to be a balanced portfolio with 50% invested in annuities with <a href="http://www.conseco.com" rel="nofollow"> Bankers Life </a> & rest was in stock market but with solid companies. But, recession hit hard my 50% of portfolio but since I had fixed return from annuities – I was the winner at the end. I actually advise everyone to do that – it is must to keep your portfolio balanced & Invest only in solid fortune 500 companies. We must learn from our mistakes & not repeat them.

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