Frequently Asked Questions
Do I need a financial planner?
Yes, if- Motivation is helpful to set financial goals and plan for the future.
- Financial goals are difficult and/or complex.
- Lack of understanding, time, or inclination makes investment decisions difficult.
- Current investments cause a tax burden.
- Not knowing how much to save for retirement, education, etc., prevents investing.
- A death, divorce, inheritance, or career change has recently altered your situation.
- Selecting investments for your company retirement account is difficult.
- Establishing more benefits for employees of your company is desired.
- What is comprehensive planning?
- Do I need a financial planner?
- What is a Fee-Only Planner?
- Why is fee-only compensation of critical importance?
- What is the difference between fee-only and fee-based financial planners?
- When do I pay income tax on a regular taxable account?
- What is an institutional fund?
- What is passive portfolio management?
- In layman's terms, what is the Modern Portfolio Theory?
- What is an asset class?
- What is a mutual fund?
- Why choose mutual funds over individual stocks?
- What is the difference between actively managed funds and index funds?
- If index funds serve up average returns, why have they been able to beat most actively managed funds that invest in similar securities over the long run?
- How does diversification lower my risk?
- What is the relationship between risk and return?
- Who will hold my investments?
- How much will it cost?
- How will I be billed?
Investing involves risk including the possible loss of principal. No guarantees of investment success can be offered or that a client's goals and objectives will be achieved. Investments will fluctuate and there will be periods where the investments may be worth less than the initial purchase value.