Good Stuff

The Fiduciary Rule: Do You Even Care? Should You?

If you are not a part of the financial industry, you are probably unaware that this past spring the Department of Labor finalized the fiduciary rule.  The fiduciary rule will hold all financial advisors who provide retirement investment advice (401(k), IRAs, IRA Rollovers, etc.), to a “fiduciary standard” – or in other words, require them to put their client’s best interest above all else.  This new rule is expected to take effect in April 2017.  It is noteworthy that the new rule does not apply to after-tax investment accounts, even if the after-tax account is earmarked for retirement. This issue [&hellip

by  |  Published in Articles, Estate Planning, Financial Planning & Budgeting, Finding an Advisor, Investments, Retirement, Uncategorized | 

ONYX Rides: A Special Movie Event

In the summer of 2016, Ken Simpson and Terry Roe pedaled 4,270 miles across the United States and completed the 2016 Trans Am Bike Race from Yorktown, VA to Astoria, OR. Please join us on Thursday, March 9, 2017 in the comfortable theater at the ARTitorium on Broadway for a special movie presentation of their exciting adventure! Showtimes are 7 P.M. and 8 P.M. Movie theatre snacks (popcorn, candy bars, and cold soda) will be provided. You can visit the event page and RSVP on Facebook

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A New President . . . Now What?

Shortly after the recent presidential election, I received an email from a client asking me what was going to happen to the market now. He not only emailed me but also copied his family members. So, instead of giving him a call to discuss his concerns, I decided to respond to his email with an email that was copied to all of his family. I believe that his concerns are felt by many of us; so, with my client’s permission, I decided to share my response with each of you. Dear (Client and family), Before I give some of my [&hellip

by  |  Published in Articles, Estate Planning, Financial Planning & Budgeting, Investments | 

Presidential Elections and the Stock Market

October 2016 Next month, Americans will head to the polls to elect the next president of the United States. While the outcome is unknown, one thing is for certain: There will be a steady stream of opinions from pundits and prognosticators about how the election will impact the stock market. As we explain below, investors would be well‑served to avoid the temptation to make significant changes to a long‑term investment plan based upon these sorts of predictions. SHORT-TERM TRADING AND PRESIDENTIAL ELECTION RESULTS Trying to outguess the market is often a losing game. Current market prices offer an up-to-the-minute snapshot [&hellip

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Women, Are You Financially Aware?

In 2015, Fidelity Investments conducted a study to measure how women view and address their finances. Despite the fact that 92% of women said they want to learn more about financial planning, only 47% said they would be confident discussing money and investing with a financial professional on their own, and 80% said they had refrained from discussing their finances with those they are close to. In my experience as a registered investment advisor, it seems that within married couples, typically one spouse is less interested in being part of the financial decision making process, and more often than not, [&hellip

by  |  Published in Articles, Financial Planning & Budgeting, Investments, Retirement, Social Security |