The Other Retirement Plan

Our mission statement is “to provide like-minded individuals with financial and emotional security.” While our day to day focus is managing investment portfolios and creating financial plans so that our clients can realize their retirement goals, we also want to help them to have a rewarding and fulfilling life once they have reached retirement. It is important to us to concentrate in our area of expertise and to seek other professionals who are experts in fields ranging from tax planning to elder care to travel. We keep a list of these contacts so that we… [read more]
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Financial Reform?

The Dodd-Frank Wall Street Reform and Consumer Protection Act that cleared Congress on Friday, like the health care reform legislation before it, is a complicated document. The US Chamber of Commerce estimated that the 2,319 page bill will generate 533 new regulations, 60 studies and 94 reports. Until the regulations are finalized, and the studies and reports completed, it won’t be clear how it will affect all of us, but there are some observations that can be made now. Put Clients’ Interests First at All Times Jane Bryant Quinn, the financial journalist, did a great… [read more]
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Free Agent Forecasting

What can LeBron James teach us about financial experts forecasting the future? I’m probably in the minority of those of us who participate in this blog as a fan of the National Basketball Association, so some of this information may be new to some of you. That said, if you have picked up a paper, watched a news broadcast or have even a fleeting interest in sports, you have probably at least heard LeBron James’ name over the last several weeks. For the uninitiated, LeBron James is one of the top players in the NBA.… [read more]
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Investor Protection Gets Knocked Out of the Financial Reform Law

(from Jane Bryant Quinn’s website, janebryantquinn.com, 6/25/2010 – read the article directly here) Senator Tim Johnson socked investors with what might be a knockout punch, during negotiations on the financial reform bill. Investor protection is down for the count. The new law, when passed, is going to leave you out. Johnson, a South Dakota Democrat, laughs at the concept of “fiduciary duty”—the idea that people who advise you on investments should to put your financial interests ahead of their own. At present, registered Investment advisers have a fiduciary duty toward you and your… [read more]
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