Wealth Think

Your IRA Expert examines non-spousal benefits and a series of questions on IRA/Roth conversions.

Benjamin Franklin said, “Without continual growth and progress, such words as improvement, achievement, and success have no meaning.” Franklin was right. While it may seem obvious that business growth is central to any advisor’s ultimate success, in today’s highly complex and competitive marketplace, the importance of growth cannot be overstated.

If there is a constant in the investment advisory landscape, it’s change. And few things are changing faster than the independent sphere.

When the concept of retirement was first mainstreamed in America in the 1930’s, it was largely viewed as having “one foot already in the grave.” For many baby boomers today, it might well mean the same thing.

Buying high and selling low isn’t a portfolio-damaging behavior that only investors struggle with.

The uncertainty has vanished with the re-election of Barack Obama as president. But the incumbent who won a second term last night still has a number of problems that he continues to face – from a sluggish economic recovery, a huge deficit, a stubbornly high unemployment rate and of course, the fiscal cliff.

Successful advisors chose their third-party partners wisely so that they can best use their extra time to make a greater impact on the individuals and families they serve.

Ninety percent of women report feeling insecure when it came to personal finance and 48% of women agree with the statement, “Investing is scary for me.” These statistics highlight the need for financial advisors working with women to foster financial confidence in their clients as part of the client engagement.

Ed Slott, Your IRA Expert, examine minimum distributions, 457(b) plans, and using an IRA as a shelter when filing for a bankruptcy.

Research tells us that 90% of heirs will reject their parents’ advisors, and 70% of widows will change advisors after their husband’s death. Can you afford that level of loss?