facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast blog search brokercheck brokercheck

Publications, Insights & News

Who is Paying Your Investment Fees?

The other day I met with a long time client and we were talking about some of her early investing experiences. She told me she started at a local bank and they offered her investment management services. She happily accepted and for years she thought it was a complimentary service provided by the bank and reminded me that she didn’t realize there were fees associated with her investing until our first meeting.

Read More
%POST_TITLE% Thumbnail

What Every Teacher Should Know About Their 403(b): Surrender Charge Basics

How does it Work? Surrender charges usually come in two flavors: Fixed Period: Where the surrender charge is based on when you start the annuity. For example, if you started the annuity in 2017, the annuity could be free of surrender charges by 2024. In this example, the annuity has a seven-year surrender schedule. The number of years will vary depending on the insurance company. Another variable is the percentage, which represents the actual fee on the withdrawal. If you dig in the prospectus of an annuity, you will probably see something that looks like this- 8%, 7%, 6%, 5%, 4%, 3%, 2%. This indicates the annuity has a seven-year surrender period with an 7% surrender charge in the second year, 6% charge in the third year, and so on until the eighth year.

Read More
%POST_TITLE% Thumbnail

The Upswing of a New Swing

So, how does this relate to personal finance? Sometimes, making a change feels uncomfortable, but it often yields good results. Not only will the initial change provide benefits, but it often has a ripple effect and positively impacts future events.

Read More
%POST_TITLE% Thumbnail

Money is Made to be Spent

Most people I speak with want to accumulate money, (nothing wrong with this) but after a brief discussion, they realize the accumulation of money is usually not the end goal. In other words, accumulating money for the sake of accumulating it is not the finish line. The accumulation of money is often a means to provide other venues and experiences in life. It ultimately becomes a tool to enhance their lives.

Read More
%POST_TITLE% Thumbnail

Sleeping at Night Vs. The Optimal Financial Decision

While a calculator is a tremendous tool and the extent which we can model financial situations is truly mind boggling, however one basic problem remains- it does not have a brain and if it does not have a brain (to my understanding) it cannot consider “feelings”. Sorry Watson.

Read More