Word: cerulli
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...Nina M. Catalano, Michelle Cerulli, Elizabeth M. Doherty, and Aria S.K. Laskin contributed to the reporting of this story...
...stunned as you watch your 401(k) balance shrink, know that your pain is shared by millions--reflecting a broad decline that hasn't occurred since these retirement-savings plans started 20 years ago. A recent study by Cerulli Associates shows the average account lost nearly $5,000 in 2000. With the equity markets expected to stay cool for a while, researchers at the benefits consulting firm say the growth of 401(k) assets is likely to continue to taper...
...401k Self-directed brokerage options are gaining popularity, according to a study by Cerulli Associates. This option lets employees use their 401(k)s to trade stocks or pick mutual funds outside the sponsor's list. Keep in mind, though, that some plans have limits on the amount you can trade, and the extra fees for trading and commissions could pinch returns...
...Donald Cerulli and Rennie Brown are properly pompous and gossipy as family hangers-on and Linda Avitabile, though less successful as Fanny Cavendish, has her moments. Alvin Cohen is evidence that a good actor will make something thorough even out of a non-speaking bit part...
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