Picture this—it’s Friday afternoon, your work is done, and you have the weekend ahead of you. But what makes this weekend different than any other weekend is that you have scheduled a two-week vacation. You wish your colleagues well, they express similar thoughts, and you head toward freedom. Of course, you’re excited! Travel, new experiences,
Post updated on: 07.01.20 Portfolio design with either active or passive investing styles is one of the great investing debates today. Most of the finance experts and money managers are usually passionate on one style or the other and invest their clients’ nest egg with their preferred style. If your money manager is an active
Investment style and strategies have certainly become very complex these days. We’re in a unique period of time with the evolution of the global financial markets, complex investing strategies, thousands of funds, derivatives and other financial instruments to choose from. It can be down-right scary for a new investor to get started. There are hundreds
Unfortunately, we see this all too often: a client thinks there is just one retirement “number” and if that “number” is achieved, then retirement will be honky dory! Well, it just isn’t that simple!… Our introductory meeting had gone on for about twenty minutes when Gary interjected. “Look, I don’t want to get all complicated.
If you’re like me, getting from point A to point B requires a plan or a roadmap. I was taught a long time ago that if a plan isn’t written, it probably doesn’t exist. Shooting from the hip may work in some instances, but in critical areas such as one’s personal finances, I’d rather have
There are usually clear signs if we are ill and that prompts us to see a doctor. When our car isn’t running right, we take it to a repair shop. Financial health is critical too! You could be financially sick and not know it until it’s too late. The good news is that there are
One of the most talked about items in the financial industry today is what is a fiduciary and what questions should a client ask their financial advisor. Here is a 2-min video that captures the essence of fee-only, fiduciary, and independent: This video should help you formulate some questions that you can ask your advisor.
After about 5 years under development, the Department of Labor released its long-awaited fiduciary rule, which extends the fiduciary standard to those who advise clients on individual retirement accounts, 401(k) assets and other qualified retirement savings. Registered investment advisor (RIA) firms, such as Garrett Investment Advisors, have always been subject to a fiduciary standard under