Author - David John Marotta, CFP®, AIF®

1
How to Calculate An Advisor’s Value: Liability-Relative Optimizing
2
Who Gets Your Stuff When You Die Without a Will?
3
How to Calculate an Advisor’s Value: Dynamic Withdrawals
4
Here’s How Much Your Net Worth Should Really Be

How to Calculate An Advisor’s Value: Liability-Relative Optimizing

Allan S. Roth wrote an article for Financial Planning magazine entitled “Calculating An Advisor’s Value.” The article claimed that five different components of intelligent planning decisions comprised the value brought by a smart financial advisor. According to Morningstar, planners can add the equivalent of 1.82% annual return to clients through these five components of what they call “gamma.”

I commented on the introduction and indexed of all five components (plus two additional items) in a previous blog post. In this post I am just going to comment on the fifth of the five, “Liability-Relative Optimizing”, to which …

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Who Gets Your Stuff When You Die Without a Will?

A 2007 study by Harris Interactive found that 55% of all Americans die without a will.  In legal parlance, dying without a will is known as dying ‘intestate.’  So who gets your stuff if you die intestate in Virginia?

Rumor has it that the state automatically takes all of your assets if you die without a will.  This can happen, but rarely does.   In the commonwealth of Virginia, your assets go to your next of kin.  (This assumes that you actually leave behind an estate worth something after all your debts, taxes and final expenses are paid.)  Only if there …

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How to Calculate an Advisor’s Value: Dynamic Withdrawals

Allan S. Roth wrote an article for Financial Planning magazine entitled “Calculating An Advisor’s Value.” The article claimed that five different components of intelligent planning decisions comprised the value brought by a smart financial advisor. According to Morningstar, planners can add the equivalent of 1.82% annual return to clients through these five components of what they call “gamma.”

I commented on the introduction and indexed of all five components (plus two additional items) in a previous blog post. In this post I am just going to comment on the third of the five, “Dynamic Withdrawals”, to which …

Read More

Here’s How Much Your Net Worth Should Really Be

Since the end of last year, the U.S. markets went up and then down and then back up to end the year sideways. Market volatility was especially pronounced in the European Union as sovereign debt and the struggle to enact austerity measures whipsawed the markets, although not as a result of any changes in the underlying fundamentals.

If you are within 20 years of retirement (age 45 to 65), it’s critical to get your retirement planning updated. Computing your net worth annually is like taking a sextant reading to chart your course toward financial security. The changes of the past …

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