Sentences with phrase «financial advisors tell»

Most financial advisors tell clients to pay themselves first, meaning that they should put some cash into a savings account before doing anything else with it.

Since those investors are just looking for the highest returns, and not say buying bonds their financial advisor told them they needed bonds as part of their retirement planning, they are more likely to jump when rates rise.

These are helpful.You are right that market failures have hit elder popluation in heavy way in past decade or so, and on top of that the fed locks interest at artificial rate low, so if we did save like our wise elder and financial advisors told us to do, we now get about nothing at all in interest return on those life savings.

When a financial advisor tells you need to engage in «tactical asset allocation,» hold tightly to your wallet and run away like the wind.

Recently a financial advisor told me that the three - fund portfolio lacked diversity.

Her financial advisor tells her to wait it out and reasons that the stock market has always rebounded in the past.

In fact, a year or so ago my financial advisor told me he is doing more and more video meetings with his clients.

With every financial advisor telling you something different, how do you know whom to trust and which policy to choose?

The result is a one - sided relationship in which your financial advisor tells you what's happening without much - needed input from you.

Not exact matches

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 Chicago.

What the question tells him is that it's becoming more important to investors to know what will happen to their assets if their financial advisor unexpectedly dies or is disabled.

«Hedge funds, mutual funds, financial advisors, credit cards, mortgages, there are fees everywhere,» Levine told CNBC's «Squawk Box» on Tuesday.

«I tell them, «Go ask your financial advisor.»

Talk to any financial advisor, and he or she will tell you horror stories about cashing out your retirement fund early.

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.

Many advisors will tell you differently because they have a financial interest in taking your money and lastly, they won't tell you the truth about financial history.

If there are cumulative quantity discount eligible shares that would qualify for combining with your current purchase and you do not tell your financial advisor or the Franklin Templeton Funds» transfer agent at the time of any purchase, you may not receive the benefit of a reduced sales charge that might otherwise be available since your financial advisor and the Fund generally will not have that information.

One attendee asked Hauser if financial planning crosses the line into advice when an advisor tells a client to roll over assets but doesn't recommend a specific investment.

It is your responsibility to tell your financial advisor when you believe you have fulfilled your LOI with sufficient cumulative quantity discount eligible shares.

I will take it a step further by saying even financial advisors who actually believe the «buy - and - hold» model will no longer be very effective in the future (at least for the next several decades), will still not tell you otherwise.

That's why financial planner and advisors will tell you leverage is risky.

Joseph Weinberg, Paycase Financial CEO and OECD think tank special advisor, told Bitcoin Magazine:

In addition to being one of the most comprehensive and useful retirement calculators — really more like a virtual financial advisor — the tool can instantly tell you how your retirement income, expenses, assets, debt and net worth compare to other people in your own zip code.

Most advisors tell us they already know their client's financial needs before they recommend a product.

John Morris from Christian financial advisors firm the Harvest Partnership told Premier's News Hour being frugal can be helpful.

A Christian independent financial advisor has told Premier people shouldn't rush to judge the Queen after it has been revealed that she may have secret overseas...

A Christian independent financial advisor has told Premier people shouldn't rush to judge the Queen after... More

I'm not a financial advisor, so I can't tell you what your wardrobe budget should be or how much should go to basics vs. LOVE buys.

With less financial risk and more creative freedom, streaming platforms like Hulu are telling new stories like «Resident Advisors,» about dorm room rule enforcers in college, directed by «Friends» writer Ira Ungerleider.

However, a developing subplot involving her relationship with a bland financial advisor David (Max Greenfield) holds far less interest, and that becomes a central narrative once Jeanette struggleswith telling her anti-capitalist father that she plans to marry the guy.

If your financial situation has become problematic and you're eyeballing your 401K plan as a possible out, most financial advisors will tell you; you need to have a full understanding of the consequences before you move that direction.

Another advisor I know makes a different analogy: he compares a financial plan to a compass rather than a map: it can't tell you what's over that next hill or around that next curve, but it can keep you pointed in the right direction.

When you make a withdrawal, you need to tell your advisor or financial institution how much of it comes from EAP and how much comes from «contributions» (which is also called «capital»).

Such investors are often told to find a fee - only financial planner and MoneySense has catered to this by providing an online directory that points out fee - only advisors here.

A financial advisor once told me that Asset Under Management fees are the best form of passive income.

But the overall effect for financial advisors» clients is more nuanced, Nicholas Lascari, a CPA and partner at Gordon J. Maier & Company, tells the publication.

And for clients with pass - through businesses, advisors should review how the deduction equal to 20 % of their business income would affect their overall financial standing, he tells the publication.

A lot of parents can't afford to fund college accounts for their kids and a retirement fund for themselves, and most financial advisors would tell you that your retirement should come before your kids» college funds.

All financial advisors would tell you that when you prepay even a small amount it goes towards the principal payment of your loan and as the principal amount reduces, so does the interest amount.

Most financial advisors will tell anyone approaching retirement to lower his / her exposure to the stock market and invest more in bonds.

When I first made the career switch to becoming a financial planner and investment advisor a colleague told me that in his opinion buy and hold is a very active investment strategy.

One «financial advisor» at my bank today told me that if you invest $ 5000 on Jan 1 and then withdraw some during the current year, whatever you withdraw can not be replaced until the next year when it is added to your contribution room.

Financial advisors are quick to tell you to cut up all the cards, but you actually need them in order to build your credit.

As I was just telling my accountant friend, «Unless the ROI of using a financial advisor — the fees beats that of investing on our own, I prefer to do it myself.»)

I had met my parents» financial advisor who was telling me about exciting technology companies.

Now that he's a financial advisor, he tells his clients not to focus too much on debt payoff.

You raise some interesting points: young people are told that they should start investing early but there is precious little guidance because independent financial advisors require a huge minimum portfolio and advisors who accept small accounts are simply salespeople interested in pushing product.

«Most financial advisors will tell you that you simply can not have a better lifestyle in retirement than you did while you were working full time.

As any financial advisor will tell you, a savings of just a percent or so on your loans can yield a huge decrease in the total interest paid over the course of time.

In review courses for the certified financial planner (CFP) exam, prospective advisors are told, «Umbrella insurance is always the right answer.»