Sentences with phrase «use of a financial advisor»

Not exact matches

About 90 percent of North Korea's trade is with China, and Chinese junket operators are well equipped to use the formal banking sector and informal financial networks created by the Chinese traders and small businessmen who've crisscrossed the world for 1,000 years, says Andrew Klebanow, a senior partner at Global Market Advisors LLC in Las Vegas.

A survey of 10,000 households that use financial advisors found that more than half of advisor clients (51 percent) thought the advice they received was either free or they didn't know how much they paid for it.

Carson suggests working with an advisor who can use software to run Social Security projections and help assess the best claiming strategies within the larger context of your financial picture, goals and objectives.

Glassman uses Dimensional Funds, a family of low - cost mutual funds marketed to financial advisors, for his core domestic and international equity exposures.

While financial service industry analysts have generally applauded Affirm's goal of giving younger consumers new, responsible ways to purchase using credit, Brian Riley, principal executive advisor at CEB TowerGroup, has questioned aspects of Affirm's business model.

Robert R. Johnson, president and CEO of The American College of Financial Services, which trains financial advisors, said that «using leverage to invest either in the stock market or other marketable securities is a speculative plaFinancial Services, which trains financial advisors, said that «using leverage to invest either in the stock market or other marketable securities is a speculative plafinancial advisors, said that «using leverage to invest either in the stock market or other marketable securities is a speculative play.»

The deduction doesn't have to be for an entire room, if that section of a room is not used for personal purposes, says Cynthia Turoski, a certified financial planner and certified public accountant with Bonadio Wealth Advisors in Albany, N.Y.

There must be a zillion social media management businesses and consultants out there by now, and I'll bet a bunch of them used to be financial advisors.

These annuity illustrations are used by financial advisors because they help show on paper what kind of returns a particular annuity might offer over the long haul.

Traditionally, companies have used testimonials from «experts,» such as doctors or financial advisors, to convince consumers of the merits of a brand.

And approximately 60 % currently use some type of financial advisor, which means robo advisors can and should target them.

So why would a human financial advisor make use of a robo advisor?

A robo advisor is an online wealth management service that provides automated, algorithm - based portfolio management advice without the use of human financial planners.

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.

Chetney expects much of the demand for the new Morningstar service will come from independent broker - dealers such as LPL, Commonwealth Financial Network and Cambridge Investment Research, which could mandate that their advisors use a third party to assume the fiduciary responsibility for defined contribution plans.

Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC, and Wells Fargo Advisors Financial Network, LLC, Members SIPC, separate registered broker / dealers and nonbank affiliates of Wells Fargo & Company.

The New York - based Fusion Analytics financial advisor offers the six biggest investing lessons of 2012 in his Reformed Broker blog as only he can — using the kind of salty and brutally honest language that rarely escapes off of the trading floor — and adds that now that he's divested himself of his hard - earned wisdom, he can die happy.

For this step, many investors use the assistance of a financial advisor, especially if they're a beginner.

CFA and Americans for Financial Reform released a report on Wednesday, written by Hauptman and Barbara Roper, CFA's director of investor protection, which scrutinizes how brokerage firms and insurance companies market their services on their website and «contrasts the practices they use to attract customers with those they use when resisting regulation as fiduciary advisors.»

Perhaps the criminalization in other countries of the inexplicable business model used by the vast majority of American «financial advisors» will serve as an example of what real reform looks like and suggest to Americans that financial advice is in fact not «free,» that financial advisors are actually true professionals, and that it's infinitely safer for your wallet and better for your peace of mind to be invoiced by your advisor and never have to wonder if you got good advice or just a good sales pitch.

Using detailed data from two large Canadian mutual fund dealers (accounting for about 5 % of their sector) for 3,276 Canadian financial advisors and their 488,263 clients, and returns and fees for 3,023 associated mutual funds, during January 1999 through December 2013, they find that:

Eighty - five percent of financial advisors in a nationwide survey by Putnam Investments said they use social media in their practices today.

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.

That said, most of the financial advisors that partner with Employee Fiduciary use low cost investments like index funds and ETFs in their fund menus.

Ask a financial advisor for help with determining how much you should contribute monthly or use one of the many online calculators to get a general idea.

Different financial advisors have various ways of charging for their services, including: Commissions Flat or Hourly Fees Assets Under Management (AUM) Fee Based (Combination of fees and commissions) All of these payment methods are used by legitimate and reputable retirement financial planners.

Safe Harbor Financial Advisors uses these time - tested principles of Benjamin Franklin as the foundation of our service model.

«We don't use gold because financial advisors are supposed to stand in the way of clients and bad decisions, and gold is the ultimate bad - decision asset.

Charles Schwab will introduce a financial advisor version of a robo - advisor that will allow advisors using its platform to white label the service to their clients for free.

Wells Fargo Advisors is the trade name used by two separate registered broker - dealers and non-bank affiliates of Wells Fargo & Company: Wells Fargo Advisors, LLC and Wells Fargo Advisors Financial Network, LLC (members SIPC).

67) PAYING BILLS — Teaches how to budget, how to manage weekly paychecks to pay monthly bills, bill charts, financial advisors percentage recommendations, how to write a check / use an ATM, organization of bill - paying tools.

The Board of Education elected to begin using variable rate debt in Fiscal Year 2001, with the advice of independent financial advisors.

Robo - advisors have been gaining popularity as a hassle - free and simple way to invest compared to a do - it - yourself approach or the use of a traditional financial advisor.

The platform uses simple, honest pricing to help you invest at a fraction of what you might pay a traditional financial advisor.

Other contributors to the expanded use of index - based investments are regulations in Britain and other countries abolishing or limiting commissions earned by financial advisors.

Talk to a financial advisor if you have questions about how much of your savings you want to use for school.

Use your advisor as a sounding board As you consider your decision, talk to your financial professional, who can help explore the financial and personal impact of entering retirement with or without a mortgage as part of your overall retirement planning strategy.

In subsequent chapters, Hallam describes the process of building a portfolio of index funds or ETFs (using real investors as case studies) and lays bare the techniques that financial advisors use to sell their services.

One of my favourite financial authors, William Bernstein, used to recommend that investors ditch their financial advisor and handle their portfolios themselves.

Financial advisors can help you by using inflation calculators, and they can suggest the best ways of dividing up your savings among different investment vehicles to maximize your interest.

I strongly suggest you talk with your financial advisor if you're thinking about using one or both of these strategies.

So, some financial advisors say that you should contribute to your RRSP and then use the tax refund to pay down your debt, that way you get the best of both worlds.

Unlike the standard platform used by many financial advisors with multiple fees and a commission management fee of 3 %, a managed account platform has just 1 fee.

Ask a financial advisor for help with determining how much you should contribute monthly or use one of the many online calculators to get a general idea.

«Any financial advisor worth their credentials would give an emphatic «no» to using loans, or in other words, go into debt, to go on vacation,» says Ryan Miyamoto, CFP and founder of Derive Wealth, a California - based wealth management firm, «Why?

Costs are kept down by using fancy computer algorithms to do the work a normal financial advisor would do, which means investors aren't stuck paying the 1 % trailer fees which are built into the expense ratios of most mutual funds.

Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC (WFCS) and Wells Fargo Advisors Financial Network, LLC, Members SIPC, separate registered broker - dealers and non-bank affiliates of Wells Fargo & Company.

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.»)

Cerulli Associates conducted an online survey of 378 financial advisors in December 2016 and January 2017 to ask them about their practices and specifically their use of bond ETFs.

The metaphor works when comparing use of traditional financial advisors with the lower - cost «self - service» robos.