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Back to old times? Fee-based investment advice gaining in popularity.

Publication: Westchester County Business Journal
Publication Date: 05-SEP-05 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Back to old times? Fee-based investment advice gaining in popularity.(Focus: PROFESSIONAL SERVICES)(investment advisers)

Article Excerpt
When the stock market collapsed in 2000 and the financial repercussions of 9/11 followed the next year, the need for financial advisers was stronger than ever.

"The more difficult the times, the better it is for people like me," said Greg Werlinich, president of Werlinich Asset Management L.L.C., an independent investment advisory firm in Valhalla. "If times are great, people think they can do it themselves and don't need anybody. It's when the market is going sideways or just choppy that they recognize the need for someone who does this for a living to take control of these very important assets."

Some of the niche advisers may have given up on the field following the downturn,...

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