Search Results for: blog financial advisors

We’re Broke! Why Do We Need a Financial Planner? Part 2

Once you have made the commitment to achieving financial independence and have selected your advisor, the next step is the discovery interview. It is at this point that your planner will be attempting to ascertain how you feel about money. While that may sound pretty straightforward, money is a highly charged matter for most of us; it has come to represent many of the key structures of our lives—like security, safety, power, prestige, independence, and even love. In American society, money—how much we have, how we earn it, and how we spend it—has become a stand-in for our moral character. … Continue reading →

We’re Broke! Why Do We Need a Financial Planner?! Part 1

After my divorce, the financial planner who had worked with my former husband and I continued to call me every six months or so, wondering if I was ready to put a new financial plan into place. I was flattered, if a little confused, about why he was bothering with me. I had primary physical custody of our infant daughter, I was receiving no financial support from her dad, and I was working for a notoriously underpaying local non-profit. Let’s face it, I was broke. The answer to the question, of course, is that it is an undisputed fact that … Continue reading →

Fee Based vs. Commission Based Financial Managers

When it comes to money advisors and managers, there are really two main types: fee based and commission based. While most people hate to pay someone to manage their money, the reality is… these individuals are doing a job and need a way to make a living. Which one should you chose? First, accept the fact that if you hire someone to do something, you will have to pay them. Commission based money managers can be as expensive or more than fee based. Often the main difference is how you pay them. Commission based planners and stockbrokers take their money … Continue reading →

Seek Financial Assistance

Are you getting calls from creditors? Do you live from paycheck to paycheck? Are your retirement years sneaking up on you? Did your business recently fail? If you are here reading this blog due to financial problems in your life, I want to tell you… don’t be afraid to get financial assistance. Problems with money are often treated with the attitude, “if I ignore it, it will go away.” But, just like a medical problem, ignoring your money problems will not make them go away – it usually only makes them worse. What is often hard to admit is that … Continue reading →

Finding a Financial Planner

Discovering the perfect financial planner for your family’s needs takes a bit of homework. Although it can be a timely and lengthy process, ensuring that you find someone to trust is critical. Unfortunately, all it takes is one unscrupulous or misinformed individual to ruin your life savings and potential earnings. A great place to start your hunt is at the National Association of Personal Financial Advisors. There is a collection of qualified financial planners listed through them, but don’t assume they are all right for you. It is still important to take further steps to find the best financial advisor. … Continue reading →

Take a Class in Financial Planning

Before you spend a dime to hire a financial planner, look into enrolling in a class. Many Junior colleges and community centers offer these types of finance classes. You will find them on a variety of subjects, from budgeting to estate planning. Usually the cost is less than $50 for a couple hours of instruction time. A financial planner will cost you far more than that, in both time and money. Numbers and money management is not everyone’s cup of tea; but even if you failed math class, you can still benefit from a financial planning course. It should be … Continue reading →

Financial Advisors

Even if you feel that you do not have enough money to talk to a financial advisor, you may want to take advantage of the services one could provide for you. A financial advisor can do more than simply help you with your investments; she can sit down and help you plan out your future. A good financial advisor will take the time to sit down and learn your goals and dreams, and then work with you to help you achieve those goals. Your financial advisor will likely look at your spending and saving habits. She may be able to … Continue reading →

Shareholders Sue Ancestry.com After Sale

Just when you thought it was all said and done, the saga continues! Permira has acquired Ancestry.com. One would think that was the end of the story, but no. Shareholders of Ancestry.com are suing about this sale. They feel that they were shortchanged in this deal. Permira Advisors, LLC., acquired Ancestry.com for around $1.6 billion. Permira will pay $32.00 a share for Ancestry.com stock. That amount is 41% higher than the closing price of the stock on June 5, 2012, which was the last day of trading before it was reported that Ancestry.com had hired a financial adviser for the … Continue reading →

Permira has Acquired Ancestry.com.

An ongoing saga, filled with much speculation, and come to an end. It is now official. Permira has acquired Ancestry.com. As always, whenever one company is acquired by another one, this will involve some changes. Permira Advisors, LLC., have now officially entered into an agreement to acquire the popular genealogy website Ancestry.com. This ends the saga that has been going on for quite some time about whether or not Ancestry.com really was up for sale, and, if so, who the buyer would be. The total transaction is said to be valued at around $1.6 billion. Permira will pay $32.00 a … Continue reading →

Book Review: Safe Money Millionaire by Brett Kitchen and Ethan Kap

Over the last month, I’ve been talking to financial advisors who have given me reasons to keep money in a 401(k) fund and not to pull it out even when chaos breaks loose in the economy. About two weeks ago, though, I read the book “Safe Money Millionaire” by Brett Kitchen and Ethan Kap, and heard a different side to the story. Kitchen and Kap are both in the field of insurance – but not just any insurance. They market cash value insurance plans, and that is the message they deliver in their book – if you put your money … Continue reading →