An RIA has the fundamental obligation to act solely in the clients’ best interest. A fiduciary must provide his or her clients a duty of undivided loyalty and utmost good faith. Additionally, a fiduciary must disclose conflicts of interest or potential conflicts of interest before and during an advisory engagement.
Review your credit report carefully, major discrepancies may be a sign of identity theft. If you see credit associated with companies you don’t recognize, accounts that you didn’t open or credit inquiries that you did not initiate, report it to the credit reporting bureau and local law enforcement.
Research shows that men are more confident than women about investing.
Review your annual expenses and establish a spending plan for the coming year. Evaluate your spending habits over the past year and identify a few areas where you are over spending. Develop a plan to reduce spending in the areas you have targeted.
Most young adults successfully graduate from school without a practical understanding of personal finance. Starting out with a solid foundation and some smart financial habits can help your children live a happier, more fulfilling life.
Anyone who is or was married has many Social Security benefit options to choose from. If you are currently married you may be entitled to 100 percent of your own benefit or 50 percent of your spouse’s benefit.