By George M. Smith, CIMA® Finding a qualified financial advisor is a big decision. Using the word qualified may seem obvious, but just because someone holds themselves out to be an advisor doesn’t guarantee that they are equipped to meet your financial needs. When looking for a qualified financial advisor, I believe that you should
With the passing of 2020’s SECURE Act came the birth of the Pooled Employer Plan (PEP) and some significant relief to employers who either currently offer the employees a 401(k) or have been thinking about starting one. Here are 5 things to know about PEPs and why they might be right for your business. A
By Rene Bruer If you’re in the market for a financial advisor, one of the biggest questions you may have asked yourself is “how do I find the right person?” Think about what brought you to this point; a life change, a complicated financial situation, receiving a financial windfall, retirement, starting a new job with
Stress Testing Your Financial Plan In the current environment of COVID-19, it is understandable if you are questioning the stability of your financial plan, provided that you have one. Reviewing your life circumstances is appropriate in good and bad times, and employing a Financial Stress Test should be a part of your overall approach. This
By Steven Hiraga A Bit of Retirement Plan History The 401(k) retirement plan, introduced in the Revenue Act of 1978, is still a relatively new workplace benefit. For example, employee-provided health insurance goes back to the early 1940s in response to concerns of inflation as the US started coming out of WWII. Going back even
By René Bruer “Y’all ain’t from around here” is a colloquialism you hear in the South when you first move here. After leaving the Marine Corps in 2001, my wife Beth and I moved to Tallahassee from California. The California license plates, lack of southern accents, and a still-developing taste for barbeque combined with an
Once you’ve decided it’s time to get some professional financial help, you may be asking yourself: “Which type of financial professional is best for me?” From a financial advisor to an investment advisor to a wealth advisor, it’s helpful to know the differences between each category of financial experts before committing to a long-term engagement.
Addressing the wealth management process, the types of wealth management professionals, and investment philosophies, this whitepaper serves as the ultimate resource for high net worth individuals or families seeking wealth management. The Wealth Management Guide for High Net Worth Individuals and Families To learn more about our wealth management process, go to www.smithbrueradvisors.com.
by Steve Hiraga West Virginia teachers recently ended a 9-day strike in exchange for a 5% pay raise. Average salary of those teachers was $45,622 in 2016, ranked 48th in the US. Based on those rankings they would now pass Kansas to take over the 42nd spot. Did they miss an opportunity to hold out
by George M. Smith One great thing about America that we see over and over again is the comradery, community and self-sacrifice during and after disasters and traumatizing situations. Just this year alone we’ve seen this played out countless times during hurricanes Harvey and Irma, the Las Vegas shooting, and the California fires. From these