The Advice Industry Part II A lot has happened in our regulatory world since I posted the original blog piece. The DOL rule is void. The SEC is opening up a public comment period about its new standards of client care. See related: The Advice Industry, Part I The government regulates this industry – investments, […]
A professional person earns his living by the fees he charges clients for the services provided. In this video Glenn explains why the CFP® professionals at CameronDowning charge a fee for their financial planning and investment advisory work, and why it is in the client’s best interests to pay it.
Should I Pay a Fee for Financial Advice? From time to time I’m asked, Glenn: there are plenty of financial guys out there. They’ll do financial planning for free. So why should I pay you guys? Good question! To answer it, let me give you a little background. Back say, 50 years ago, if you […]
The 457 Deferred Compensation Plan is a retirement account offerred to many who are employed in the public sector. Watch our video to learn how it is especially beneficial if you retire early.
What is the difference between a Roth IRA? Can I contribute to a Roth? Should I? You’ll find your answers in this video.
Don’t be nervous. We’re not going to judge you. Some people come to us with specific issues that they’d like addressed. Others come with a vague sense of unease – that things aren’t as they should be. We function as your financial doctors. We’ll ask questions, poke and prod, and eventually come up with a […]
Compound interest is a miracle over time – how interest upon interest builds up. In this video we lay out the case to start saving now! The first dollars you save are the one that will hardest for you over the years.
The emergency fund is meant to protect and preserve. Life’s emergencies aren’t a matter of whether they occur – they surely will – but rather when they occur. Since by definition emergencies don’t happen on a schedule, it is important to save into the eventuality.
You may not be able to contribute directly to a Roth IRA because your income is too high. But there is sort of a back-door way to do it. You can convert all or part of your traditional IRA into a Roth. In this video we’ll tell you about the tax consequences.
When you took out your student loans, you made a bet with yourself – that the education you gained would qualify you for work that would be high-paying enough to repay the loans. How’s that going for you? Yes, there are income repayment plans with eventual loan forgiveness. But do you know that there’s a […]