Financial Investment Advisor Blog
If you’ve ever known someone who’s lost a spouse, parent or significant other, then you’ve probably heard them lament about the stress of closing out the deceased estate. I’ve been through this process a few times and wouldn’t wish this job on my worst enemies. Even if your executor has handled the family’s finances, it’s…
As a consumer, you can gain valuable insight and make smarter investment decisions by simply understanding how your financial advisor is compensated. Most advisors want to do the right thing for their clients, but sometimes, outside pressures make them recommend inappropriate products and services. What is right for the client can sometimes get pushed aside…
With only a few weeks left in 2014, there is still time to cut your tax bill. We’ll review the more traditional strategies along with a few hidden gems specifically for business owners and accredited investors that often get over looked. The basic strategy for year-end planning is to time your recognition of income so…
When was the last time you had your blood pressure tested? Taking your blood pressure is one of the first things most doctors do before treating you for just about anything. How much pressure your blood is under as it courses through your veins is a reliable indicator of your overall health; and it can…
Great question! This can be a confusing topic for those outside the investment industry. I’ve worked as a fee-based advisor, commission only advisor and now work as fee-only advisor. The easiest way to explain this is to review all three side by side. The first difference is compensation. Fee-only advisors work for their clients and…
[fusion_text]The IRS finally gave up after years of fighting that after-tax 401(k) dollars cannot be rolled into a Roth conversion. Most people simply put money into their 401(k) pre-tax–up to the annual employee limit. However, some plans allow employees to make contributions above the annual deductible limit on an after-tax basis. The employee didn’t get…
