Investors Take Charge: Those Seeking Advice Shift Toward Lower Cost Options - Los Angeles Times
“If you’re trusting someone with your financial decisions, they should have your best interest first.”
“Our modern approach challenges the status quo of the financial services industry"
“Being a fiduciary is a major responsibility, but it's easier to help people when you have their best interests top of mind.”
Money Hour: Millennials and Saving For Retirement - KNX 1070 News Radio
“To be smart with Money you need to develop some mental toughness, because money and emotions, they're connected”
A Plan to Divide the Family Business - The Wall Street Journal
“The lesson here is that you’re better off having these discussions now rather than arguing about them later”
“Compared to mutual funds, ETFs have lower fund expenses, because they tend to be passively managed funds that track a particular index"
“Millennials have a bad taste in their mouth from the recession and they just don't trust Wall street, they don't trust big corporations"
Why the Financial Industry is Still Broken - Investopedia
“When large firms get caught for violating rules, they simply pay the fines and move on — it’s business as usual"
“Overconfidence causes people to overestimate their level of preparedness and underestimate risks”
Onboarding Clients In The Robo Age - Investor's Business Daily
"I don't see robos threatening my business. We're embracing the technology that's helping us grow."
Advisers React to Trump's DOL Fiduciary Rule Decision - InvestmentNews
“I'm not a fan of the fiduciary rule in particular because you can't create a rule and then an exception to the rule"
A Way to Save Heirs Lots in Capital Gains Taxes - The Wall Street Journal
"Dividing up the family business among siblings is probably one of the tougher jobs for advisers”
Robo Technology to Upend Wealth Management Industry - Yahoo Finance
"Clients should expect more from their advisors and a modern fiduciary approach is a step in the right direction"
5 Questions to Ask A Fiduciary - U.S. News & World Report
"The only way you are going to know is by directly asking how an advisor is being compensated."
The Worst Money Mistakes Young Americans Make - The Street
“The biggest mistake Millennials make with money has more to do with our behavior than anything else”
"Our behavioral biases often times impact our decision-making process around money and investing"
Why Save for Retirement in Your Twenties - Investopedia
"For millennials the most important thing about saving is getting started, compounding interest benefits those who invest over longer periods the most"
Older People Fear This More Than Death - MarketWatch
"Baby boomers today have higher expectations than their parents in regards to the retirement lifestyle they wish to live"
Why Your Financial Adviser Should be Tech Savvy - Bankrate.com
"When clients have a question, it's answered by their adviser. The same person, every time"
From Fraud Victim to Finance Guru: Family Financial Tragedy Inspired my Business - Business News Daily
"Its outcome continues to fuel my passion for helping people become more aware of their finances and how today's decisions impact their future."
"The better you plan for retirement, the more likely you are to meet or exceed those expectations"
"Americans have a big problem with their immediacy bias, a tendency to prefer immediate benefits over longer term gratification"
Big Decision for a Small Business - The Street
"SEP IRA is always pre-tax funds, as such the business will receive a deduction for the tax year in which contributions are made."
The Rules on RMDs for IRA Beneficiaries - Investopedia
“Clients overwhelmingly choose to convert to an inherited IRA and take life expectancy payments"
“Many of my clients are Gen X-ers and Gen Y-ers, and we have discussions about money and emotions regularly”
Why Would Your 401(k) Be Unavailable After You Leave a Job? - Investopedia
“If you are restricted from accessing your vested 401(k) funds, that is indeed illegal.”
“Young people should have at least three months’ worth of living expenses saved up in their bank account or otherwise readily available"
The Debate Over ETFs in 401(k) Plans - Institutional Investor
“It would negatively impact revenues collected by the insurance and investment companies providing the platform”
401(k) Lawsuits: How Employers Plan to Protect Themselves - Investopedia
“Plan sponsors are fiduciaries to the plans they've set up for their employees. Many employers don't understand the gravity of that responsibility”
The Next Generation of Financial Advice for Family Businesses - AM830 Exit Coach Radio
“No one wants to talk about the what-ifs. If you think these discussions are tough on your family now, imagine how it will be when they’re emotionally vulnerable and you’re not there to speak up”
Finance Industry Pro's: MyRA Misses the Point - Fiduciary News
"The bottom-line is Americans are not saving enough to cover expenses through retirement"
“I’m more likely to pedal faster down trails that I’m familiar with and ride more slowly on new trails I don’t know, even if it’s an easier trail. The same goes for investing.”
Why Are Small Businesses Reluctant to Start 401(k) Plans? - The Retirement Advantage
“The cost to administer 401k plans prevents many small businesses from setting them up – the smaller the plan the larger the cost as a percentage of total plan assets.”
Compliance Headaches Coming for 401(k) Plan Sponsors - Fiduciary News
“investors should clearly understand the motivation and compensation that drives decision making for the firm’s managing their money. Conflicts of interest should be clearly communicated in plain English”
15 Ways to Save $5 a Day - GO BankingRates
“Being willing to walk or take public transportation can save you some serious cash depending on your driving habits and gas prices where your live”
The #1 Mistake Small Businesses Make with Finances - Point Blank
"Not planning ahead of time to align personal and family goals with the business"