In the clients’ best interest

We applaud the Department of Labor’s fiduciary rule, which demands all advisers act in their clients’ best interest. That this ruling, which takes effect today, has been so hotly debated speaks volumes about how far the industry still has to go to achieve real transparency. The ruling charges advisors with the task of giving advice… | Read More »

When your fiduciary is your friend

As I have mentioned before, one of the greatest blessings of a long career in this field is that my clients become my friends. With this and all great blessings comes a deeper responsibility: I want to do right by my friends. Last week I had a meeting with a friend who has been a… | Read More »

Roth may not be perfect for everyone

Like many, I have certain expectations of camping.  Hard ground.  Hot food.  Cold drinks.  The simple things in life.  I certainly do not expect an eye-opening conversation about tax codes and retirement policies.  So, when the topic came up this last weekend around a campfire, I was quite surprised. One of my friends, generally very… | Read More »

Absurd payday loan provision in WI budget troubling

For more than 30 years we’ve been strong proponents of financial success through education. We teach classes, host seminars, run an active blog and write a weekly market commentary. We hold the industry’s highest credentials, including the CFP®, CFA®, CMT®, and CPA because we respect both our clients and our fiduciary relationship with them. That’s… | Read More »

In life and wealth management, change is the only constant

Change is the only constant. Although Greek philosopher Heraclitus said this more than 2500 years ago, it’s especially true today, particularly when we look at retirement scenarios. Financial headwinds– shrinking interest rates and rising inflation, taxes, Social Security and health care costs – continue to batter potential retirees. Most troubling for people trying to plan… | Read More »