The 2017 Mortgage Rate Outlook: Here’s What the Experts Are Saying
The post-election period is often one of uncertainty, and the time since the 2016 election has been no different with regards to market force and the financial world. With a new administration taki…
Your Money Matters: Retirement planning tips for women
Nancy Coutu Money Managers Financial Group 1211 W. 22nd Street Oak Brook www.monimgr.com Nancy's Tips: Save, Save, Save Women must save more than men do because they generally live longer. Wives live 8 to 10 years longer than their husbands if they are married when they're the same age. More than 75 percent of women will eventually be widows. I recommend dedicating 10 - 15% of your salary to your 401(k). If you can’t put that much away right now, at least save enough to take advantage of your employer match and build from there.
How Lower Fees Could Put Independents on Top
Asset management fees are coming down as lower-cost passive investments take center stage and calls for radical transparency in fee disclosure get louder This means change is coming to the wealth management arena as well, say industry experts How this plays out for individual advisors will depend on their technology platforms and, according to Shirl Penney, CEO of Dynasty Financial Partners , on their ability to articulate value and offer distinct services under clear pricing policies. New York-based Dynasty provides a la carte infrastructure support and related services to about 40 RIAs. For Penney, the fact of “fee pressure and the fear of margin compression” among wealth managers is “undeniable” as “the rate of innovation” in…
How to Grow Your Savings Every Day This Week
Quick ways to reboost your savings this week — LearnVest Tax tips for freelancers — Lifehacker 8 reasons you need to start buying local
What are Investment Policy Statements?
Contributed by: Angela Palacios, CFP® Each investor is unique. You have your own attitudes, expectations, objectives, and guidelines for your investments. These factors are important to communicate to, not only your team of investment managers, but also to your family if needed (not to ment