perfect plan

Why You Don’t Need a Second Opinion

Feeling great financially right now? Are your investments up, job going well, saving a little money, economy strengthening? Many of you are feeling pretty secure where you are and may be thinking you have no reason for a financial review or second opinion. After all, as of *March 2017, the Consumer Confidence is at an […]

robo advisor © zapp2photo/StockAdobe

Robot Advisor or Human Advisor

Robo-Advisors are attracting more attention today. Even some large Wirehouse Firms and Independent Financial Advisors are adding them to their list of services. In simple terms, a robo-advisor is a computer algorithm program created by humans to manage money digitally in a cost effective manner. Essentially they replace wealth managers with a lower cost computer […]


Wealth Management Post Election

Most have political opinions and that’s terrific, however, the election is over and this article will not be politically driven. Frankly, I think many of us are sick and tired of hearing about it. So if you are looking for a political rant you have come to the wrong place. But if you are interested […]


Will the Election Affect the Stock Market

  I have received numerous calls all asking “What’s going to happen with the election? How will it affect my portfolio?” My answer – “Honestly, I have no clue.” All markets contract and expand and historically over the past 100 years, the stock market has performed better under Democratic Presidency. Take a look at the […]

buyer beware of poor financial products salesmen

Financial Products – Buyer Beware

I am sickened, disheartened and ashamed. My emotions stem from the lack of character shown by fellow financial advisors. These are the advisors that sell product and make transactions specifically to make the sale, to get the commission, to keep their numbers up. The client’s best interest has nothing to do with the decision. In […]

financial confusion

Why Get a Financial Planning Second Opinion?

People routinely seek second opinions from medical specialists yet many never consider seeking a financial second opinion. Just as your health decisions are important, the decisions involving your financial decisions are critical. Why the difference in thinking? My opinion is they don’t know anything is wrong or what to check and why. In many instances, […]

Money is a necessary tool

Planning For a Rich Life

How often do you review your financial plan? Are you doing this alone or with a trusted advisor? If it has not been done regularly and with a financial advisor you might want to reconsider your strategy. Like oxygen and water and we need money to live and thrive – to lead a rich life. […]

Financial security

Should I Convert to a Roth IRA?

Over the past several months clients have called me regarding converting their IRA, 401k, 403b or other retirement accounts into a Roth, but these conversions can have serious tax implications. The Tax Problem One case involved converting an IRA into a Roth IRA. The client was passionate about the idea of tax-deferred growth and tax-free […]

Money down the drain

5 Common Mistakes Investors Make

1. Letting Greed Lead All too often investors become greedy and chase top performing stocks, mutual funds or sectors. Unfortunately, many of them only stay top performers for a short period and then become underperformers. Greed is possibly the number one offender hurting investors. Don’t let greed lead you to investment decisions. Sure everyone wants […]

stop swearing about annuties

Annuities Are Not a Four-Letter Word

They Overgeneralize, Create Doubt and Scare Investors I remember reading an article about complaints filed against a local financial planner regarding indexed annuities. I do not know the financial planner or wealth management planner in question, nor can I comment on these particular occurrences; however, articles like this make it very difficult for prudent and […]

Is there a perfect investment?

Is There a Perfect Investment?

Truthfully there is no perfect investment because all have pros and cons and what works for one will not work for another. Also all investors are unique because of factors such as: their age, income, tax bracket, risk tolerance, liquidity needs, future income needs, occupation, family, objectives, goals and dreams. Time is The Best Investment […]

Bond Safety

Are Bonds Safe?

The Safety Debate One of the greatest debates I have encountered is, “Are bonds a safe investment?”. There is a great deal of confusion among investors and financial planners that shows a misunderstanding of bonds and how they work. I will begin with the basic mechanics of how bonds function and work to a more […]


Volatility – Friend or Foe?

Is Stock Market Volatility the Enemy? Investors without an investor policy statement, may not understand the philosophy and investment strategy or have transparency (clarity) in understanding the flexibility in their portfolio. In short, they come to the opinion volatility is the enemy instead of a friend that may create great opportunity over a period of […]

chained to computer

Is it an Addiction?

Are You a Financial Media Junkie? Why are so many investors addicted to the financial media? Because many are addicted to prediction – meaning they try timing the stock market to increase returns and avoid losses. Unfortunately, many buy into the fear and greed trap – buying near the top and selling at the bottom. […]

Piggy bank in a bear trap

Who Are You Paying? [Investing]

It’s Your Money! All too often we see investors in a fee-only wealth managed account not understanding what they own, why they own it and the implications of fees and other costs on the performance of their investments. Understanding these fees and costs are fundamental components of protecting your assets. Oftentimes, even the financial advisor […]

Hidden Costs of 401k

Is Your 401k a Ripoff?

401k investments are among the largest investment segments in the market, accounting for almost 4 trillion dollars. How are These Retirement Accounts a Rip Off? The problem is most holders of these investments are not receiving the expert attention needed to properly manage, what is in many cases, their largest retirement asset. 401k owners that […]

Panic Widespread as Stocks Crash

Greed – The Enemy of Investing

Hindsight is 20/20 Most remember chasing the real estate sector prior to the correction in 2005. Many investors, Realtors, venture capitalists, businesses and others paid and continue to pay a huge price for jumping in with the intention of making fast money flipping properties­­­­. We were pitched there was no real estate bubble and that […]