At 78, L. Gene Tanner is one of the longest-serving investment advisers working in Indianapolis. Tanner spoke with IBJ's Norm Heikens about why he shifted to City Securities, his brush with convicted Ponzi scheme operator Bernard Madoff, and how his investment strategy has changed.
Experts are split over whether runup in precious metal is a classic bubble.
Indiana among those rolling out new, less-risky 529 plans to attract savers wary of losing money in the stock market.
With a family history rich with entrepreneurs, Tom Sponsel decided late in his accounting career to strike out on his own.
L. Gene Tanner has left PNC Investments to join City Securities Corp. The veteran stockbroker who began his career with the former Raffensperger Hughes firm in 1958 said he has returned to familiar territory.
With a deadline looming, supporters and detractors debate extending tax cuts signed by former president George W. Bush.
Former money manager admits to bilking friends, family members and other investors out of millions of dollars before trying to fake his own death. He’ll be sentenced Oct. 7.
A recent report from the consulting and research firm McKinsey & Co. detailed the propensity for investment firm analysts to repeatedly issue excessively optimistic earnings forecasts.
Kelley School of Business Dean Dan Smith said a $100,000 donation from two IU alumni will provide a hands-on learning opportunity
for students.
The greatest investors I know all use time-tested principles and apply them rigorously in their activities.
The St. Louis-based financial services firm plans to add 62 branches within the next five years here to complement the existing
90 locations it already has in the city and surrounding counties.
Elizabeth Schlueter started out in Fort Wayne and rose through a series of promotions that landed her not on Wall
Street but in Indianapolis.
The unprecedented size of government in America matters to anyone who is concerned about wealth creation in this country.
At some point, fuel cells may answer the hype they’ve lived under the last 15 years.
To achieve outsized returns, whether in mutual funds or individual stocks, investors must avoid the hype and reliance on past outperformance.
McCready and Keene Inc. is the fifth-largest employee benefits firm in the Indianapolis area. It employs 95 people nationally, 82 of them in Indianapolis, according to IBJ research.
More than $30 million in claims have been filed against Marcus Schrenker, but a court-appointed receiver expects an auction
of the financier’s property on Saturday to bring in less than $1 million.
The court-ordered auction includes a motorboat, jet ski and a $30,000 diamond ring, as well as a motorcycle that Marcus Schrenker
used to flee police.
Three Serbian players, two of whom spent time in the NBA, allege Carmel-based Worldwide Associates LLC mismanaged over $12
million.
The country started off as a dump for prisoners and other unwanted British citizens, but it has evolved into a modern-day
paradise.
