yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
Cloud Expo & Virtualization 2009 East
Smarter Business Solutions Through Dynamic Infrastructure
Smarter Insights: How the CIO Becomes a Hero Again
Windows Azure
Why VDI?
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun's Incubation Platform: Helping Startups Serve the Enterprise
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
CEO of Advice IQ Challenges Author Helaine Olen to Publicly Debate Her “Bleak Picture” of Financial Advisors

Nicholas Stuller, CEO of AIQ, the parent of financial website AdviceIQ, has issued a vehement response to Helaine Olen’s new book, Pound Foolish: Exposing the Dark Side of the Personal Finance Industry. LINK TO BLOG POST. The book largely excoriates the industry and its advisors with what Stuller calls “overwrought eagerness to paint a bleak picture.”

Among the problems that Stuller sees in Olen’s analysis:

Exaggerated Problems. One is investment dinners, hosted by brokers eager to sign up prospects for variable annuities. In reality, Stuller points out, advisors largely avoid this tactic and get clients by word of mouth.

The book says six million people attended the meal pitches over three years. That means two million per year at, say, 50 attendees per session. Assuming only one advisor was at these events (likely several attended), that means 40,000 advisors were involved yearly. That figure represents a mere 2% of total advisors, who number around two million (including brokers, fee-only advisors, insurance agents, and bank trust officers).

Incorrect Assertions. Repeatedly, the book contends that financial types pledge lavish returns on investments if only John Q. Public signs up. A typical Olen assertion: “Investing is risky and there are no guarantees. This is not something very many people will tell you.” Especially since the passage of Sarbanes-Oxley in 2002, advisors are wary to the point of what Stuller describes as “near-paranoia” about explaining that a financial plan or transaction is not a guarantee.

“Ms. Olen’s book contains many assertions that are either unsupported or incorrect -- too many for comfort or credibility,” said Mr. Stuller.

He is particularly troubled by her lack of understanding of advisors: what they do, how they work, and just how rare (fortunately) the Madoffs of the world are. An analysis done finds only 7% of all advisors have a regulatory complaint -- a lower rate of incidence than either doctors or lawyers have.

Mr. Stuller is inviting Ms. Olen to a public debate designed to set the record straight and Reuters has offered to host the debate and webcast it live on the Reuters Insider and

“My call for a public debate with Ms. Olen is intended to make sure individual investors have all the facts about the financial advisor industry,” said Mr. Stuller. “I firmly believe Ms. Olen concocts a cartoonish world that omits important facts and distorts reality and the public deserves to hear the truth and see the proof about the financial services industry.”

About AIQ, Inc:

AIQ, Inc. publishes the popular Meridian-IQ suite of Financial Advisor directories, licensed by over 330 major fund companies, broker-dealers and insurance companies for industry research and marketing purposes. AIQ is led by a veteran Wall Street team who are subject matter experts on retail financial advisors and investing. Its consumer-facing product,, combines daily personal financial journalism with listings and rankings of pre-vetted Advisors that are certified to have passed AdviceIQ’s proprietary Regulatory Compliance Review (RCR™), the strictest industry regulatory due diligence.

RCR™ attests to the quality of an advisor’s compliance history. This due diligence encompasses the entire disciplinary and complaint history of all four major U.S. regulators: Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), State regulators who license Investment Advisor Representatives and State Insurance Commissioners. Investment firms pay an annual subscription fee to have each financial advisor undergo the RCR™ screening. Only advisors who successfully pass the vetting process may have their profiles posted on RCR™ prevents advisors with serious infractions from appearing in the published listings and rankings. It also excludes advisors censured by one regulator, who then move to another financial services industry and would otherwise escape scrutiny. AdviceIQ gives investors access to trustworthy advisors who can help them take charge of their wealth and financial planning.

About Business Wire
Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York and Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can b...
Internet of @ThingsExpo, taking place June 7-9, 2016 at Javits Center, New York City and Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 18th International @CloudExpo and will feature technical sessions from a rock star conference fa...
Growth hacking is common for startups to make unheard-of progress in building their business. Career Hacks can help Geek Girls and those who support them (yes, that's you too, Dad!) to excel in this typically male-dominated world. Get ready to learn the facts: Is there a bias a...
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance acros...
As organizations shift towards IT-as-a-service models, the need for managing & protecting data residing across physical, virtual, and now cloud environments grows with it. CommVault can ensure protection & E-Discovery of your data - whether in a private cloud, a Service Provider ...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)!

Advertise on this site! Contact advertising(at)! 201 802-3021

SYS-CON Featured Whitepapers