Sentences with phrase «financial advisers say»

Bitcoin is a highly speculative investment — the kind most financial advisers say investors should only buy into with money they can afford to lose.

Most financial advisers say you'll need to continue receiving 80 % of your pre-retirement earnings to comfortably maintain your pre-retirement standard of living.

But if you're not at that stage yet, financial advisers say, it's important to start early and put aside as much as possible.

But financial advisers say parents should consider becoming more conservative with investments as their children near graduation from high school and start looking at post-secondary options.

The answer, most financial advisers say, is yes.

However, financial advisers say that if you need the monthly income at 62, start taking it.

Most financial advisers say people should create an emergency fund, typically containing about six months earnings, to prepare for unexpected bills or job loss.

Some financial advisers say the tradition of RRSP season leading up to tax returns only encourages procrastinators to wait until the RRSP deadline — March 2 this year — before they contribute to their plan.

Financial advisers say people this age often can find extra money in their budget to save.

But financial advisers say that learning when to let go is a fundamental part of ensuring that your lakefront property doesn't become a bad investment.

Most financial advisers say you need to be able to replace 70 % of your pre-retirement income after you stop working.

A lot of financial advisers say you should have an emergency fund, in addition to whatever else you're doing.

Some financial advisers say long - term care insurance is the solution.

Workers who aren't saving as much as they want to can aim to get there over time by having their contribution rate increase automatically by one or two percentage points each year, financial advisers say.

You can borrow money against your retirement account under some circumstances, but financial advisers say such borrowers often struggle to get back up to speed on their retirement savings — in other words, their past over-saving leads to future under - saving.

While many financial advisers say you need a replacement amount of 70 % or more of your working income, research shows most couples get by comfortably on 50 % to 60 %.

Cardinal George Pell, Pope Francis's chief financial adviser said he would take a leave of absence as the Vatican's finance tsar and would return to Australia to fight the charges.

OTTAWA — The plunge in the stock markets in recent days may have rattled investors, but a financial adviser says the drop is a reminder of the importance of understanding your risk tolerance and building a strong financial plan.

As per my financial adviser he said that i get an average of 15 % returns if i invest in this so called elite or smart wealth builder.

Our financial adviser says we're fine without an annuity, but we're still unsure since neither of us will receive a pension.

Not exact matches

You'll want to ask your adviser if they're allowed to sell investments outside of what their employer offers, Davidson says: «If the answer is no, chances are that you should decide not to limit your financial success by working with these advisers.

Tribune Media said last year it was working with financial advisers Moelis & Co and Guggenheim Securities on a strategic review.

At just over $ 7.8 million in annual revenue, Buffer was averaging closer to $ 122,000 per worker this past fall, which the company needs to improve, says Carol Coughlin, founder of BottomLine Growth Strategies, a financial adviser to small and medium - size businesses.

«Financial capital is very mobile and basically is looking only at rates of return,» says Chris Ragan, a professor of economics at McGill University and former adviser at the Bank of Canada.

In doing my research, I realized that virtually every site I visited used the same words to describe what they did and most started off by saying something like «we are different to other financial advisers».

But in a new survey of 250 business owners by Bank of America's Merrill Lynch division, only 39 % said they used an expert — like a management consultant, financial adviser or commercial banker — to develop a succession plan.

«A lot of my job is ensuring clients don't pay too much for investments,» says David Christianson, a financial adviser at Winnipeg - based private financial services firm Wellington West.

But critics in the financial services industry say the rule would limit the ability of advisers to service clients who can not afford to pay for financial advice and must use products that carry commissions or other indirect costs.

Credit Suisse acted as Alibaba's financial adviser and Morgan Stanley advised Cainiao, the statement said.

The advisers who spoke with Reuters said many of the bank's roughly 16,426 financial advisers are now unhappy.

On Wednesday, Joseph Swanson, senior managing director of Houlihan Lokey, financial adviser to Noble's senior creditors, had said the proposed restructuring was the only transaction on the table, so creditors were focused on getting it done.

«Most new ventures have nondisclosure agreements that they'll get you to sign, but these typically allow the signer to share the business plan with a CPA, attorney, or investment adviser,» says Linda Gill, managing director of the Cincinnati office of SS&G Financial Services.

«Under Jack Bogle, growth was a side effect,» says Daniel P. Wiener, a journalist - turned - financial - adviser who has published his popular subscription newsletter, The Independent Adviser for Vanguard Investors, for 26 years.

«Rather than trying to beef up inventory, they should have closed more stores and spread the existing inventory among the stores they had left,» says Dan Harrow, a financial adviser retained by the creditors» committee.

«It's absolutely a big - time, growing field,» says Frank Murtha, a New York - based psychologist and partner in MarketPsych, a consulting firm that offers training to financial advisers and similar professionals.

Robert said consumers, financial advisers and corporate decision - makers could benefit from an awareness of the technology effect and its potential consequences.

«James has never focused on being liked,» said Brian C. Pfeifler, one of Morgan Stanley's top financial advisers.

He had paid cash for her house in Gainesville, valued at roughly $ 900,000, but he says one of his financial advisers took a loan out against it in his name without his knowledge — which left Hearn - Pearson as one of her son's largest creditors.

But niceties and bonhomie are overrated anyway, said Mr. Pfeifler, the Morgan Stanley financial adviser, who joined the firm about 25 years ago and has had a front - row seat for all of its ups and downs.

An executive of a U.S. wealth - management firm told me that after the financial collapse in 2008, some of the bright young advisers were communicating with wiped - out clients via emails that said, essentially, «Sorry, we can't help you.»

«A lot of it comes down to time and convenience, and what's best for you as a consumer or business,» says Jeffrey Hausinger, a Certified Financial Planner and senior financial adviser with Merrill Lynch in TamFinancial Planner and senior financial adviser with Merrill Lynch in Tamfinancial adviser with Merrill Lynch in Tampa, Fla..

NAB said on Thursday that MLC had more than 1200 financial advisers, ran the largest retail superannuation fund in the country, had $ 199 billion in assets under management and 3300 staff.

Funny or Die, founded by Ferrell, Adam McKay and Chris Henchy, has hired a financial adviser to evaluate options including a possible sale, Chief Executive Officer Dick Glover said in a memo to employees.

The company said MLC had more than 1200 financial advisers, ran the largest retail superannuation fund in the country, had $ 199 billion in assets under management and 3300 staff.

«By allowing investors and their financial advisers to efficiently learn about our REITs and invest directly, there is less cost involved in raising equity capital than there would be through more traditional public distribution formats,» said Amy Tait, chairman, CEO and co-founder of Broadstone, in a statement.

«This is a way that people who don't work with a financial adviser can generate income from an IRA or 401 (k),» he says, «and it's also a strategy that any 401 (k) operator can put in their plan.»

«We support a best interest standard and believe that professional financial advisers have a crucial role to play in encouraging retirement saving and investing,» Wells Fargo said in the statement.

Merck's financial adviser JPMorgan has invited bids for the business, which is valued at about 4 billion euros ($ 4.8 billion), ahead of a Dec. 15 deadline, the sources said.

The Office of Management and Budget said that «outdated regulations in place before this rulemaking did not ensure that financial advisers act in their clients» best interest when giving retirement investment advice.

Thirty - five percent said they would speak to someone certified by the DCC, 28 percent said they would seek advice from a financial adviser, 16 percent said they would turn to an accountant, and 12 percent said they would talk to a lawyer.