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.
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.
Diversify across a wide variety of investments to help buffer against market volatility. Reduce your risk by diversifying across different companies, municipalities, industries, and geographical areas.
Mutual funds are professionally managed, making them ideal for individuals with limited investment knowledge or limited time to research and monitor individual stocks.