Ben Beck standing infront of a whiteboard, providing instruction.

Ask me why we don’t believe in investing in bonds. Ever.

By Benjamin Beck, CFP® When people meet us for the first time, one of the things that are most surprised to learn is that we don’t invest in bonds. Not ever. I love it when they ask why not, because it gives me a chance to explain how having bonds in your portfolio can cost

Read More »
Smiling businesswoman walking away from a large office.

3 Things Wirehouse Advisors Need to Know Before Breaking Away

In the financial advisory and investment world, Wirehouses are the franchises of the industry. Morgan Stanley, Bank of America’s Merrill Lynch, or UBS: there’s a lot to be said for an established framework and the support that comes from these big names. But they can also be hard to advance in and extremely limited when

Read More »
3D illustration of a pen resting over a seal that contains balanced scales and the words "fiduciary duty."

Business Ethics in the Wealth Management Industry

In any industry, business ethics need to be a critical part of both the ethos and the contractual obligations they have both internally and externally. However, in the wealth management industry in particular, you have several thorny ethical issues that can affect both client-advisor relations as well as the fiduciary duty of the firm. We’re

Read More »
User logging in on a smartphone, example of fraud or identity theft.

Tales from Beck Bode: What to Do If You are a Victim of Fraud

Financial planning and wealth management is more than investments and managing funds, it’s also being aware and ready for a financial crisis. While many risks are accidental or internal, others are targeted maliciously against you. Part of financial preparedness is education and planning for fraud prevention because even now, in this time of crisis, criminals

Read More »
Digital graphics of stock market volatility with positive and negative growth.

Looking Past the Current Stock Market Volatility is Key

If you’ve got any money in the markets, you’ve probably had your eyes glued to the Dow Jones, NASDAQ, and the S&P 500. We know we have. It’s been a rollercoaster of ebbs and tides, with drops that dip historically and sudden spikes of activity – both buying and selling. We want off this ride

Read More »
Pen with business report on financial advisor's desk.

Resources for Financial Advisors During and After the Coronavirus

Saying these last two months have been trying would be an understatement. Beyond the struggles we all share of quarantine life – cabin fever, boredom (or alternatively, no breaks for essential and frontline workers), and a lack of flattering haircuts – those in the world of wealth management and financial planning have had the market’s

Read More »
Image of the COVID-19 virus superimposed over a financial graph.

Why You Need to Continue Your Financial Plan During COVID-19

Things right now seem crazy: this pandemic has had ripples across all parts of our lives. Panic toilet paper buying, closed businesses, insane Facebook relatives, and cabin fever are only half of it: the reason you clicked on this blog is the other half. We are seeing financial instability across the board, with bull and

Read More »

Why Wealth Management Is About So Much More Than Retirement

What if I told you to stop thinking about a retirement date when considering your personal financial plan? What if I told you that investing isn’t just about retiring and living happily ever after? Here are three reasons why: 1. You’re healthy, but inflation is killing you. Quit planning like you die at retirement.  Throw

Read More »

Watch out for IRMAA – Who’s that, you ask?

The Income Related Monthly Adjustment Amount, referred to as IRMAA, can come as a surprise to some retirees.  The standard Part B Medicare premium in 2018 is $134.  What most people don’t know is that as retirees they may end up paying a significant surcharge on their Medicare Part B and Part D (Drug benefit) premiums. This is a result of the Medicare Modernization Act of 2003 (which took effect in 2007) affecting Medicare Part B

Read More »
Scroll to Top