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 [...]
Financial planning can be a challenge, which is why it is always a good idea to enlist the expertise of a skilled personal financial planner, who can help you maximize your savings strategies. Here are some of the most common money management mistakes that you should avoid in order to achieve a more successful financial future.
While you are exposed to risk in your investments, does your broker enjoy a guaranteed income from your portfolio? His income stream is called fees! It’s the week before Christmas, and the markets are tanking, and Securities Dealers should be getting a spanking. You’ve lost all the year’s gains you thought you had made, and [...]
From the President of Crown Haven Wealth Advisors, Casey Marx Hello Mr/Mrs. John or Jane Q risk advisor, I’m speaking to you- Because: Your clients are talking to me. They are talking to me because I provide them with something that you can’t. I provide them guarantees that they will never lose another penny due [...]
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 [...]