Retirement Financial Advisors News, Information and Guidance

dol fiduciary rule

DOL Fiduciary Rule: Could Trump Ruin Your Retirement Finances?

Every financial publication has an article about how Trump might be ruining your retirement with his executive order to revise the Department of Labor’s DOL fiduciary rule for financial advisors. However, because you are reading this article, you are probably relatively engaged with your retirement accounts and may have less reason to worry. There are…

how to find a good financial advisor

How to Find a Good Financial Advisor When 12% Have had Complaints About Them

As you near retirement, you may decide it’s time to have someone help make sure you are set up for a successful future. We could all use financial advice, how to find a GOOD financial advisor is the important question. It is your money. You need good advice, not bad! Unfortunately, more than 12% of…

When to Start Working With a Financial Planner — If Ever

The benefits of working with a financial planner are widely known and convincingly supported by research. However,  too few of us actually turn to professional help when it comes to planning for. A recent study by Northwestern Mutual found that only 20% of Americans have a written financial plan. Another third of U.S. adults said…

Retirement plan consultants

Market Plunge Makes the Case for Retirement Plan Consultants

Are retirement plan consultants worth the investment? Toss a quarter in the air and it will land on the right answer. Depending on who you ask, of course. The case for hiring one might be found in the recent stock market plunge. It’s nobody’s favorite topic of discussion. But that probably means it’s an important…

Plan your retirement

Working with a Financial Counselor to Plan Your Retirement

Alexis Schroeder is a 22-year-old fitness, finance and travel blogger. She writes about saving money while living a healthy, adventurous life in her 20s. Steve Douglas once said, “Your future is always more valuable than today,the sooner you realize that, the better.” With that in mind, working with a financial counselor to plan your retirement…

Retirement

What a Financial Advisor Can Do For You and Your Retirement

A financial advisor and retirement advisor are the same in many ways. But there’s one significant difference. Where a financial advisor is concerned with your finances and goals generally, a retirement planner also takes into consideration pensions, Social Security, and all other factors that will affect your retirement specifically. Many people save and invest for…

Types of Financial Advisors: Your Guide to Finding the Best Financial Advice

If you’re like many Americans, you probably have concerns about your retirement plan. But research shows that those who work with a financial planner are often better prepared for retirement and have more confidence in their savings plans. However, taking those first steps toward meeting with a financial advisor can seem daunting, especially when navigating…

What Do Financial Advisors Do? Do I Need a Financial Advisor?

The best financial advisors offer many benefits to their clients.  However, many of us think that they only provide advice on investments to really wealthy people. Here are 6 things that financial advisors do to benefit clients of all levels of wealth. 1) What Do Financial Advisors  Do?  They Boost Your Retirement Savings — Dramatically…

What Does Fiduciary Mean? Should You Care?

Fiduciary duty?  If you are not exactly sure what that means, you are not alone.  But, how can a concept that should be so important for anyone seeking help with retirement, investments, savings and all personal finance matters be so little known and so little used? How do you even pronounce fiduciary? Pronounced: fid —…

Pros and Cons of Obama Administration’s Proposed Retirement Planning Changes

A new proposal by the Obama Administration is taking unprecedented steps toward protecting people who are planning for retirement. President Obama is directing his administration to move forward with a proposed rulemaking that will protect families by imposing a “fiduciary standard” on retirement advisors. The fiduciary standard ensures  that advisors put the interest of average…