Submitted by Claire Emory on Tue, 11/19/2013 - 12:00pm
As a child you pulled the blanket over your head to ward off the monsters. Your financial future is no monster – if you think ahead – but some people still insist on pulling up their blanket. Here are some sobering numbers and ways to get planning while you still have time.
Submitted by Larry Light on Sat, 11/16/2013 - 9:00am
It’s a paradox, but an understandable one: Investors are especially leery of risk after the 2008 market bloodbath, yet still need returns to fund their retirements and things like their kids’ educations. Taking risk is the only way to get those returns. So financial advisors are walking a fine line in allocating client assets.
Submitted by Sterling Raskie on Mon, 11/11/2013 - 12:00pm
The capital letters after your advisor’s name denote more than alphabet soup. Here’s a breakdown of what the letters mean and how your advisor can – and cannot – help you.
As you seek advice regarding savings and investments, you come across professionals with capitalized designations after their names. Sometimes two letters, sometimes three, sometimes a string linked by commas and trademark symbols like railcars hooked together on a train.
Submitted by Larry Light on Sat, 11/02/2013 - 9:00am
Advisors sometimes have to mount rescue operations. Every financial advisor has horror stories that they lived through, much like battlefield medics tending the wounded after the fight. They did their best to save wounded investors.
A troubled couple one day came to Craig Poeppelman, an advisor with Harper Associates in Upper Arlington, Ohio. Their portfolio was in tatters. They had an advisor, whom Poeppelman calls Hannibal. This guy did not do a good job for the couple.
Submitted by Rick Kahler on Wed, 10/30/2013 - 3:00pm
For advisors, professional credentials mean something. But our clients should know that one of the most prized, Certified Financial Planner, or CFP, is endangered because of new wrongheaded rules.
This matters to you, in shopping for an advisor or working with one. You need to know what you are getting. Integrity. Trustworthiness. A commitment to clients' best interests. These are all essential qualities for any advisor you entrust with your financial affairs.
Submitted by Larry Light on Sat, 10/26/2013 - 9:00am
When you seek a financial advisor, what questions should you ask? Your aim is to find someone who handles clients like you – and who is financially savvy.
If searching for an advisor to manage your assets, one question that’s of marginal help is: What’s your investment record? A money manager whose investment performance touched the sky last year may stumble this year.