Independent Advisors Are Crafting the Future of Retirement Planning Industry
While the SEC continues to debate the issues of duty and integrity, some of the nation’s most experienced financial advisors are setting tomorrow’s standards for unbiased retirement planning services. Among them is an elite cadre of about 70 independent advisors who participate in an ongoing exchange – a virtual think tank. The advisors, who are affiliated with Legacy Investment Services, Inc., are evaluating and refining processes, rigorously testing emerging technologies and promoting practices that give investors unlimited access to quality investment products.
The brainchild of founder Marc G. Minor, RFC, Legacy Investment Services was established in the early 1990s. The processes he developed broke the traditional business models. He reasoned that sophisticated technology used in mega-firms to conduct independent research and stress-test portfolios was available to smaller firms as well. And, once he cohesively aligned with an independent broker-dealer, he would no longer be captive to the broker’s limited options nor would he be accountable to sales quotas. His “out-of-the-box” approach would give each client access to the entire universe of investment options. …Read More
If You Own a Business – or Did – Keep Reading!
Business owners are often alone in making decisions, and some of those decisions can be momentous.
“We’re the business owner’s ally,” says Chuck Smith, CPA, CGMA, ChFC, CLU. “Fully 50 percent of private businesses are adding new owners or selling within five years. And 90 percent are transitioning within 10 years. We help these clients see and act on their options.”
Smith worked in corporate finance for some of the nation’s largest firms. That was before he made the career move to do what he really wanted to do in the first place. …Read More
Comprehensive Financial Planners Address All the Things That Make Life Enjoyable
Despite unprecedented market volatility, one group of investors is unusually confident about their life plans. In 1986 these individuals and families began working with Tucson, Arizona-based Raskob Kambourian Financial Advisors, Ltd. As Patricia F. Raskob, CFP® and her team helped them navigate through booms, expansions and crises, the level of trust grew. Even the uncertainty caused by the 9/11 attacks elicited only two phone calls from concerned investors. Today, 85 percent of the firm’s referral base is from satisfied …Read More
Tried-and-True Investment Strategy Is Ideal for Today’s Uncertain Economy
When supply goes up, prices go down. When demand goes up, prices go up.
Planning for a successful retirement is not difficult if you understand the law of supply and demand. “Not one of our retired clients felt they needed to go back to work during the market meltdown of 2008,” says Tony Benitez, President-Investments at BGR Financial Group, LLC, a full-service financial services firm in Tucson, Arizona. …Read More
Entrepreneurs Can Energize
America’s Economic Future
Robert S. Graham, MBA, CFM, RFC
Arizona’s Robert S. Graham has made a career of seizing business opportunities, even in a tepid economy. One of the top entrepreneurs in the nation, he became vice president of a regional broker/dealer while in his 20s, successfully managed three companies and launched three venture startups. Along the way, he also authored the book Job Killers, The American Dream in Reverse. And that’s just so far – he’s still in his early 40s. …Read More
Retirement Strategies for High-Net-Worth Clients
Peter Y. Choy, CRPC®, at Morgan Stanley
When the owners of a highly successful medical group were considering selling the practice to a large health care provider, they faced several options, each with as many potential pitfalls as opportunities. The doctors turned to financial advisor Peter Y. Choy for guidance. Choy is a Senior Vice President-Wealth Management, CRPC®, Investment Management Consultant, Portfolio Manager and Financial Advisor at Morgan Stanley. …Read More
Retire With Peace of Mind
Frey Financial Seeks Stable Outcomes in an Unstable World
You’ve been getting ready for years, faithfully putting money into 401(k)s, IRAs and other retirement accounts in anticipation of the time when you will exit the work force. Now comes the hard part: generating a retirement income that will meet your spending needs throughout your retirement years.
“When making this transition, there are many factors that must be considered before you step across that threshold between work and retirement,” says Clay Frey, CFP®, President of Frey Financial, in Tucson, Arizona. …Read More
Retire & Stay Retired …SAFE, SMART, SECURE
Retirees and pre-retirees today face some of the most challenging circumstances in
Generating a stable retirement income that will retain its purchasing power, be sufficient to cover emergencies, and last as long as the retiree does is increasingly hard to come by in today’s volatile markets. With many experts expecting taxes to rise, inflation to rear up again, and health care costs to continue their upward climb, many will find it difficult to live as they wish in retirement. …Read More
Setting New Standards in Lending
The mortgage crisis of 2007-08 left many homeowners facing foreclosure and hundreds of banks out of business. New federal regulations were swiftly enacted, requiring greater due diligence by lenders. But for Arizona-based V.I.P. Mortgage, Inc., it was pretty much business as usual.
“Putting people first has always been our motive and goal,” says President Jay Barbour. “We’ve built a company, rather quickly and quite possibly in the worst of times, with complete transparency and trust, demonstrating daily how we genuinely care. By under-promising and over-delivering, we are committed to restoring the reputation of the mortgage industry.” …Read More
Is Traditional Banking Stuck in the Past?
DBSI Is Redefining Banking From the Consumer’s Perspective
By Becky Tumidolsky
In the banking industry, success is a steep uphill climb.
Consider the classic branch service model. Even with heavy competition, many banks and credit unions appear the same: velvet rope lines, tellers safely ensconced behind fortress-like walls without the freedom or know-how to engage with products, and clients relegated to corner offices for anything more complex than a deposit or withdrawal. The overall experience? Uninspiring. …Read More