Net Worth Advisory Group

Many financial advisors offer to analyze a client's 401(k) plan and develop an optimized portfolio utilizing the investment choices available. Over the long-run, would you be better off paying the fee or investing these funds in your retirement plan?

Net Worth Advisory Group, a fee-only financial planning firm in Salt Lake City, Utah, has expanded into a new office in Sandy, Utah. The new office is located at: 9980 South, 300 West, Suite 110 Sandy, Utah 84070

Weak 401(k) plans have few investment options, don't offer proper diversification tools, and utilize mutual funds with poor track records. What should you do if your employer's 401(k) has inferior investments? It depends on your personality.

After identifying an appropriate asset allocation of stocks, bonds and cash, and determining a diversification strategy, an investor must choose specific investments. There are over 26,000 mutual funds. How can an investor know which funds to trust?

A financial plan should be objective in nature. If the investment section of the plan revolves around pitching certain products, you may be working with a commission-based financial advisor, potentially a bad sign.

The Wall Street Journal detailed how expensive it is to own a mutual fund. The average expense ratio of a U.S. stock fund is 1.31%. Additionally, a study of thousands of U.S. stock funds concluded the average trading costs amounted to 1.44% of asset.

Net Worth Advisory Group will be teaching a retirement and financial planning seminar at LaCaille on Thursday, February 25th at 7:00 pm. Both those who are currently retired and those who will be retiring within the next year are welcome.

Webinar will detail what should and should not be included in a comprehensive financial plan, how to utilize the financial plan to maximize the probability of obtaining retirement goals, and how to update the plan to reflect your changing situation.

According to the SEC, individuals with a written financial plan have twice the money in investments as those who don’t. Don’t miss this opportunity to learn how to construct a financial tool that will benefit you for the rest of your life.

An insurance agent's compensation is a function of how much insurance he can sell. Consequently, individuals are frequently sold more life insurance than they need. How much life insurance would a fee-only financial planner suggest you need?