Finding a good independent financial advisor involves evaluating their qualifications, understanding what services they offer and determining their compatibility with your financial goals. Independent advisors don't work for larger financial services fir
In the shifting landscape for financial advisory services, many advisers are boldly deciding to break away from traditional broker-dealer or big advisory firm models and create their own registered investment advisor (RIA) services. This shift toward independence is driven, they say, by a desire ...
Only you know if you need the help of a financial advisor or if you can go alone. If you decide to hire a financial advisor, ensure they are a fiduciary, so your needs are put first. Read now:Should you hire a financial advisor or DIY If you want to invest yourself, you have many...
Since a large percentage of folks will inevitably file for benefits at the earliest possible age, leaving the early filing age at 62 results with a high percentage of people receiving benefits at a lower and lower rate. The result is a lower outflow from the system, which extends the period...
(COLAs), the break-even point is actually quite a bit lower, possibly as early as age 76. This is due to the fact that the COLA is a percentage applied to your monthly benefit – and if your monthly benefit is reduced by filing early, your COLA adjustments will be smaller as well, ...
“FI Number”: the total amount of money needed to give you that level of income for life. Your FI Number depends on two things: your current spending, and your safe withdrawal rate (SWR). Your SWR is the percentage of your savings you can safely withdraw without running out during your...
There are no asset fees, and I never accept any form of financial industry compensation. Financial Planning Articles A Fee Only Financial Planner for Those Who Are Not (Yet) Rich An Objective and Independent Financial Advisor Asset Allocation, Investment Asset Tax Location, and Emergency Cash Manag...
Annual Percentage Rate (APR):A mortgage APR reflects the interest rate, mortgage points, and other fees the lender charges on the loan. Loan Type:With both conventional and jumbo mortgages, interest rates can either be fixed or adjustable. Fixed-rate loans tend to have higher rates than adjus...
In instances where the Adviser is also an employee of Independent Bank, Independent Bank receives a substantial percentage of such fees and commissions. These payments create a financial incentive for Independent Bank to recommend Commonwealth over other firms where no compensation is received, resulting...
trustee – security & continuity with personalized services of a private trustee: attention to detail, the person you meet is the person in charge, focus is on the client’s wellbeing while your assets are managed by an independent professional fee only fiduciary registered investment advisor. ...