3 Reasons Why Your Financial Advisor is Too Old

3 Reasons Why Your Financial Advisor is Too Old

Suitability vs Fiduciary In my previous post about the DoL ruling, I mentioned that as of this year your financial advisor is required to act as a fiduciary with regard to retirement accounts. Before the DOL ruling, financial advisors just needed to determine if an investment was suitable for a client. What does that tell […]

Weight, Performance, and Other Things you Shouldn’t ask a Financial Advisor About

Weight, Performance, and Other Things you Shouldn’t ask a Financial Advisor About

One of the questions that I get quite often when speaking to prospects is, “What has your performance been?” My response to this question used to be to go into 1, 5, and 10-year performance deliverable and discuss the performance of each position and why it did well or not. At that point, the prospect’s […]

Financial Planning for Newly Weds

Financial Planning for Newly Weds

According to the Institute for Divorce Financial Analysts, the third leading reason for divorce is money issues. In today’s culture money is one of, if not the most taboo of conversations. Even if you don’t talk about religion or politics much with your spouse, you most likely know their religious and political biases. Do you […]

3 Finance Questions You Should be able to Answer

On August 2nd, Freakonomics radio did an episode titled “Everything You Always Wanted to Know About Money (But Were Afraid to Ask).” In the episode description, they state roughly 70% of Americans are financially illiterate. This stat is a big reason why I work as a financial advisor and believe it is an important profession. […]

What the Heck is a Hedge?

The word hedge has started to develope a poor reputation in recent years. A hedge fund is a company of corrupt overpaid Wall Street suits like Martin Shkreli… according to some people. People also use the term “Hedging my bet.” What I have found is that many people don’t understand the meaning of hedge, but […]