Independent Advisors: Do You Have Freedom Or Are You Drowning?
Many financial advisors have their reasons for going solo. They want to maintain control of client relationships, be their own boss, and increase their earning potential. But somewhere along the way, the excitement wears off. Things get complicated. The tedious task of running your own business sinks in, and you begin to feel overwhelmed. Sound […]
Read ArticleAdvisory Firm Myths–Busted: What Percentage Of Revenue Do Top Advisors Really Take Home?
For most financial advisors, owning your own firm sounds like a dream. You set your own schedule. You call all the shots. You take home all the profit. But even if you’re pocketing all the profits, do you really earn more as a solo advisor than you would at a larger ensemble firm? Let’s find […]
Read ArticleAdvisory Firm Myths–Busted: Do Advisors Who Own Their Own RIA Take Home More Money?
A lot of advisors think they’ll take home more money if they run their own RIA. At surface level, this makes sense. But after having worked with hundreds of advisors over the past 13 years, I can tell you advisors who run their own RIAs usually don’t make more money. Shocking, I know. Let’s talk […]
Read ArticleWelcome to Brexit
Yesterday’s vote by the British electorate to end its 43-year membership in the European Union seems to have taken just about everybody by surprise, but the aftermath could not have been more predictable. The uncertainty of how, exactly, Europe and Britain will manage a complex divorce over the coming decade sent global markets reeling. London’s […]
Read ArticleSummer’s Hot Issues
On May 21, 2015, the S&P 500 Index closed at 2,130.82, an all-time closing high for this broad measure of 500 large U.S. companies. In the year since, it has failed to recapture that level. It’s not uncommon for the major indexes to go through periods where gains are elusive or we experience unwanted volatility. […]
Read ArticleCalmer Waters Are Welcome
Probably the simplest reasons anyone invests in stocks are to make money (capital gains), generate income (dividends), or some combination of the two. Of course, that really is putting it in the simplest of terms. Many of you have chosen to follow our recommendations to place a portion of your nest egg in a diversified […]
Read ArticleAgainst The Wind
Recession or no recession Recently, the focus for investors has been all over the map: Oil prices Corporate earnings The global economy China’s economy China’s currency (the yuan) Anxieties about banks (especially in Europe) The Federal Reserve’s next move Global central banks that may be running out of ammunition to counter economic weakness Emerging market […]
Read ArticleIs it the IRS…or a Scammer? Don’t Be Fooled! By Kermit Johns
A client recently told me about a call he received from the Internal Revenue Service that seemed suspicious. The caller left an urgent callback request, but he was not adept at representing himself as an IRS agent. Regardless, my client was concerned about the IRS having access to his fee-based investment account. Unfortunately, this […]
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