Sentences with phrase «advisors in the financial planning»

Do any advisors in the financial planning community even conceptually understand what a long - term bond bear market looks like these days?

Not exact matches

Robin Young, an advisor at Northstar Financial Planning in Windham, N.H., is currently working with a couple in their early 40s who are taking extreme measures to plan.

«It's ironic, because if you look at his proposed tax plan, he is in effect leaving the AMT system in place,» said Marianela Collado, CPA and CFP with Tobias Financial Advisors.

«Attaining millionaire status doesn't mean much anymore,» says financial planner Vid Ponnapalli, founder of financial planning firm Unique Financial Advisors in Holmdel, Nefinancial planner Vid Ponnapalli, founder of financial planning firm Unique Financial Advisors in Holmdel, Nefinancial planning firm Unique Financial Advisors in Holmdel, NeFinancial Advisors in Holmdel, New Jersey.

In his second book, Your Retirement Income Blueprint, author and financial advisor Daryl Diamond challenges this and other misconceptions about retirement income planning.

For the employees, we have a financial advisor come in and break out one - on - one session, and they go over our employees» income, expenses, aligning their financial goals and breaking down the plan in a practical, easy - to - follow format.

Many financial planners are doing a poor job at, well, planning — both for the future of their own firms and in grooming the next generation of advisors.

He has more than 30 years experience in financial planning, and recently launched Active401k, which helps both financial advisors and 401 (k) participants become more active in managing 401 (k) accounts.

In a case of the proverbial cobbler's children being the worst shod, only 30 percent to 35 percent of financial advisors have a succession plan in place, David DeVoe, managing director and founder of San Francisco consulting firm and investment bank Devoe & Co., told attendees at Charles Schwab's IMPACT 2017 confab in ChicagIn a case of the proverbial cobbler's children being the worst shod, only 30 percent to 35 percent of financial advisors have a succession plan in place, David DeVoe, managing director and founder of San Francisco consulting firm and investment bank Devoe & Co., told attendees at Charles Schwab's IMPACT 2017 confab in Chicagin place, David DeVoe, managing director and founder of San Francisco consulting firm and investment bank Devoe & Co., told attendees at Charles Schwab's IMPACT 2017 confab in Chicagin Chicago.

«Being in the insurance and financial services industry, I'm always looking for ways to set myself apart, build my business and add value for my clients,» says Randy Rosler, a financial advisor with MetLife's Strategic Planning Group.

More from Investor Toolkit: Advisors turn to life coaches and counselors Retirees leave $ 100B in Social Security benefits on table Ring in 2018 with a new financial game plan

Financial advisor Carolyn McClanahan, director of financial planning at Life Planning Partners in Jacksonville, Florida, said the clients who say they don't want to retire often don't want to rein in their Financial advisor Carolyn McClanahan, director of financial planning at Life Planning Partners in Jacksonville, Florida, said the clients who say they don't want to retire often don't want to rein in their financial planning at Life Planning Partners in Jacksonville, Florida, said the clients who say they don't want to retire often don't want to rein in their splanning at Life Planning Partners in Jacksonville, Florida, said the clients who say they don't want to retire often don't want to rein in their sPlanning Partners in Jacksonville, Florida, said the clients who say they don't want to retire often don't want to rein in their spending.

In the last few years, financial advisor Ron Carson has observed prospective clients increasingly asking whether his firm has a succession plan in placIn the last few years, financial advisor Ron Carson has observed prospective clients increasingly asking whether his firm has a succession plan in placin place.

«The No. 1 reason that advisors need to have a plan in place is this: If you have a fiduciary responsibility to your clients, you need to ensure that their financial affairs are attended to the moment you are not able to,» Tibergien said.

Households that spend $ 50,000 at age 65 tend to see a decline by about 15 percent over the next 15 years and 20 percent by age 85, according to Jonathan Guyton, a certified financial planner and principal at Cornerstone Wealth Advisors, in an article in the Journal of Financial financial planner and principal at Cornerstone Wealth Advisors, in an article in the Journal of Financial Financial Planning.

In some cases, Laboe says, that assistance should come from a trusted advisor, whose job it is to create financial plans that address complicated issues like taxes, estate planning and income distributions during retirement.

But that's not so, attorney John Scroggin, a partner with Scroggin & Company in Roswell, Georgia, told advisors Thursday at the Financial Planning Association's annual conference in Baltimore.

«When you do a brain dump, you get a clearer picture of what will hurt your well - being» if you fail to act, added Bradley, a CFP and founder of the Sudden Money Institute, which trains advisors in financial transitions planning.

Financial advisors say investing in your health is as important as investing in the market when it comes to planning for medical costs in retirement.

In one of the simpler forms of hybrid collaborations, independent financial planners are referring investments to a robo - advisor while providing over-all financial planning services.

While the robo - advisor retains full responsibility for managing the investments and matching the client to the appropriate portfolio, the financial planner might fill the role of trusted human advisor who can prepare an in - depth financial plan but also counsel clients about all aspects of their finances.

None of our clients use a stock broker and insurance agent — which means they aren't affected by the rule at all unless their plan's financial advisor gives rollover recommendations in addition to investment advice.

While the industry has been evolving for several years, lawsuits against advisors and plan providers have picked up speed in the last few years, according to Conor Weir, managing director and a financial consultant at Retirement Benefits Group.

Cetera Financial Group says it has hired more executives and updated its platforms in order to helps its advisors sell and service retirement plans in accordance with the expected new Department of Labor fiduciary standard.

We provide institutional - quality investment services, directly connected to your financial plan and in line with strategic benchmarks... as a truly independent advisor, our investment decisions are made purely in your best interests.

While a uniform fiduciary standard would be disruptive to the retirement plan industry in the short - term, I believe it's in the best interest of all retirement plan stakeholders — participants, fiduciaries, and even financial advisors — in the long - term.

Help is available: Many people would benefit from working with a financial advisor to develop a plan to save for retirement; however, that option isn't in the budget of many millennials.

The Financial Planning Coalition — which includes the Certified Financial Planner Board of Standards, the Financial Planning Association and the National Association of Personal Financial Advisors — said in a statement that the White House's support of DOL's proposal «is a strong sign that investor protection is a priority for this Administration.»

As for his own king - size national financial planning practice, with $ 16 billion in AUM, Edelman is vigorously recruiting advisors seeking to join a big RIA that has indeed successfully established itself as abiding by the fiduciary standard.

Vanguard, the mutual fund company, recently published a free retirement planning guide for folks like me who aren't interested in hiring a professional financial advisor.

The Financial Planning Coalition — comprising the Certified Financial Planner Board of Standards, the Financial Planning Association and the National Association of Personal Financial Advisors — filed an amicus brief Thursday in the U.S. District Court for the Northern District of Texas, in support of DOL's fiduciary rule and opposing efforts to stop the rule from taking effect.

IFA FinPlan, powered by eMoney, is a robust technology where IFA clients can keep their financial accounts, investments and spending organized in one easy - to - use personal financial management dashboard, and dedicated IFA Wealth Advisors can in turn produce comprehensive and personalized financial plans.

In response to a recent article on Financial Planning, Joe McCusker Sr., ChFC at RIA Celtic Consulting Services in Las Vegas, voiced support for the proposal and a redefinition of the term advisor, writinIn response to a recent article on Financial Planning, Joe McCusker Sr., ChFC at RIA Celtic Consulting Services in Las Vegas, voiced support for the proposal and a redefinition of the term advisor, writinin Las Vegas, voiced support for the proposal and a redefinition of the term advisor, writing:

Wealthstream Advisors works with people who are seeking in - depth financial planning and independent investment management so that they have the confidence and knowledge they need to navigate the complexities that wealth brings.

The majority of US respondents (60 %) across all age groups considered a financial advisor important both to the planning process and in generating income during retirement.

You must understand that those letters qualify your advisor, and building a financial plan to fit your needs means finding the right qualifications in an advisor.

Robo - advisors, self - service offerings and digital currencies are the headliners in this (frightening) discussion about the future of financial planning.

The beauty of rule is that it puts 401 (k) plan sponsors and financial advisors in the same boat by making both responsible for keeping 401 (k) investment fees reasonable.

Vanguard has quickly added in the neighborhood of $ 20 billion to their hybrid robo - advisor service that gives their clients the opportunity to talk to a financial advisor when they have planning questions in addition to an asset allocation service.

Bedoya is president of RB Financial Advisors, a financial consulting firm specializing in retirement and insurance Financial Advisors, a financial consulting firm specializing in retirement and insurance financial consulting firm specializing in retirement and insurance planning.

Whether issue is tax repeal or tighter advice standards, it's important to remember that agents and advisors are in the planning business helping with life and disability protection, wealth distribution, education funding and securing financial futures, he said.

If you're worried that you won't have enough income for the lifestyle you want in retirement, you might want to discuss with a financial advisor or insurance professional about the potential benefits of using annuities as part of your overall retirement plan.

To put it another way, the differences in how women view their investments — and the relative gap in engagement in financial planning, compared to men — are reflected in the way they approach their relationships with financial advisors.

In fact, the percentage of Boomers working with a financial advisor who are highly confident in having sufficient savings to live comfortably throughout their retirement years is more than twice that of Boomers who are planning for retirement on their own, IRI data shoIn fact, the percentage of Boomers working with a financial advisor who are highly confident in having sufficient savings to live comfortably throughout their retirement years is more than twice that of Boomers who are planning for retirement on their own, IRI data shoin having sufficient savings to live comfortably throughout their retirement years is more than twice that of Boomers who are planning for retirement on their own, IRI data show.

The beauty of the DOL's Fiduciary Rule is it puts 401 (k) plan sponsors and financial advisors in the same boat — they're both ERISA fiduciaries that must put the interests of 401 (k) participants first.

Description: As a partner at Conrad Siegel Investment Advisors, Inc., Tracy works with clients nationally and is upheld to the fiduciary responsibility while specializing in investment management and comprehensive financial planning.

To find an expert in your area, try one of these sources: the Financial Planning Association for a financial advisor, the American Bar Association for an attorney and the American Institute of CPAs for an acFinancial Planning Association for a financial advisor, the American Bar Association for an attorney and the American Institute of CPAs for an acfinancial advisor, the American Bar Association for an attorney and the American Institute of CPAs for an accountant.

The only comprehensive retirement training organization in the financial services industry focused exclusively on educating professionals on the nuances of Social Security retirement planning, the organization creates and provides a training course on Social Security retirement benefits and claiming strategies and provides advisors with the opportunity, for those inclined to do so, to sit for a comprehensive exam that if completed successfully will provide them with the Certified in Social Security Claiming Strategies designation.

Our credit advisors will assist in analyzing your current financial situation, providing personalized options based on your goals, and recommending the optimal debt management plan to achieve financial stability.

Understand your immediate financial needs when dealing with an illness in the family, read tips on how to create a financial plan and information that can help you find the right financial advisor