Within three minutes on April 23, the Dow Jones Industrial Average lost nearly 150 points, and approximately $136 billion of market value was wiped out. The recovery was just as fast, and many Americans weren't aware of the events. So what happened?
While good advice from a qualified financial planner can mean the difference between a successful retirement and outliving your money, I wouldn’t trust most financial advisors with my own money, and I don’t think you should either.
HSBC recently published an article titled “The Future of Retirement, The Power of Planning” which compares the circumstances of investors who work with a financial planner to those who invest on their own. Was having a financial advisor worth it?
The media is currently buzzing about how you should delay taking Social Security until age 70 in order to maximize your monthly benefit. Let’s examine a fairly typical retiree and determine if it pays to postpone receiving Social Security checks.
Net Worth Advisory Group is proud to announce it has been listed as a Premier Advisor of Utah by NABCAP. Additionally, the study recognized Net Worth Advisory Group as the “Exemplary Wealth Advisor” in financial planning in the State of Utah.
Some people wonder if they are active enough with their investments if they don't make changes frequently. In reality, study after study concludes that when it comes to portfolio turnover, less is likely more.
Broker-dealers argue it is possible to collect sales commissions and also give trustworthy advice. Other advisors and regulators believe an advisor’s vision is clouded once the investment choices include products paying sales commissions.