Assets Under Management Fees and Expenses

Your financial planner gets paid even if your account loses value, what a deal! In the past, financial planners, stock brokers and financial advisors used assets under management as a revenue source.  It works this way:  the client has $500,000 invested with the advisor and even though some of the assets may have been acquired [...]

By |2020-04-13T18:42:46+00:00March 21st, 2019|Financial Planning|

Be Cautious Of Those Bearing Financial Advice

A recent report from the Government Accountability Office (GAO) revealed a considerable deficiency in the amount of savings set aside for retirement.   The report showed that in the group of 55-64, almost 55% of those households had little or no money set aside for retirement. For those who have saved for retirement in that age [...]

By |2020-04-13T18:59:53+00:00August 18th, 2018|Retirement Planning|