Portfolio over $1M? You’re Probably Paying Your Financial Advisor Too Much
For decades the status quo in the financial advisory world has been to charge clients around 1% of assets under management. This fee arrangement has many advantages. Unfortunately, most of those advantages are enjoyed by the advisors, not the clients.
Why You Need to Know Dimensional Fund Advisors (DFA)
Would you like to know how winners of the Nobel Prize in Economics invest? Look no further than Dimensional Fund Advisors (DFA). DFA has been implementing the great ideas in academic finance since it was founded in 1981.
Another Wild Market Prediction
It seems the financial media’s favorite thing to do is make wild predictions. The more extreme the headline, the better. Today’s headline1 on Yahoo! Finance was particularly grabby:
“2016 marks the end of the great bond bull market”
Debunking Investment Myths: An Evidence-Based Approach
Over the last several weeks we have looked at four myths that keep investors from having a positive investment experience. Today, I outline a strategy based on decades of academic research, which I believe gives investors the best chance of reaching their goals.
Investment Myth #3: Superior Skill = Better Performance
A keen intellect and extensive experience are valuable traits for an investment manager to possess. Unfortunately, they are not sufficient to allow them to produce market beating returns. This reality goes against our intuition
Why I Started a Financial Planning Firm
Starting a financial planning firm from scratch wasn’t an easy decision. In the end, I felt compelled to try to fill a void in the marketplace and better serve my clients.