Restoring Trust in the Financial Planning Industry

In tumultuous economic times, and after numerous financial scandals and stories of outrageous financial prophets, more than a few fortunes were soon parted from their unknowing owners. The financial services industry has always had a black eye.  A Harris Interactive poll was done a few years ago asking Americans whether they trust the advice they’re […]

Wealthcare Workup Point #1: Asset Analysis

Ron Papa, President of Legacy Advisors in Norwell, explains how each point in his “wealthcare” workup comes together to provide a comprehensive approach to retirement planning.   Assessing Symptoms or ASSET ANALYSIS: The first point in my 5-Point Wealthcare Workup is Asset Analysis:  that’s where we analyze your current assets from an investment, tax and […]

The Financial Woes of Rock Legends: How many of the greatest rock musicians mismanaged their fortunes.

This week I’d like to talk to my blog readers a little bit about the major rock legends who have made some pretty bad financial decisions in the past. Let’s start with Mick Fleetwood from British‐American rock band Fleetwood Mac, for instance. Fleetwood Mac put out many albums and made a lot of money back in […]

Violins for Music or Money?

We’re seeing some solid gains in the stock market lately; while, at the same time, we’ve seen some considerable challenges like the Fiscal Cliff and just this week the Cyprus Banking Crisis…it seems that investors are turning off the bad news and moving on. A better way of describing this might be “stumbling forward” – […]

Why Most Investors Now Choose Independent Advisors

There has been plenty of industry buzz over the past few years around the so-called “breakaway advisor movement,” a long-term industry trend where many financial professionals are leaving behind their broker-dealer and wire-house affiliations to go independent. This movement is accelerating rapidly; however, little attention has been paid to an equally powerful industry trend: the […]

Shocktober 2011

Here is a compelling commentary about October’s market rebound from Wayne Schmitt, the Chief Investment Officer for Gradient Investments in Minneapolis, MN. He is someone I view as a very bright and capable professional and a trusted friend. –   Ron P. Shocktober 2011 November 1, 2011   Octobers have a long history of scaring investors […]

Mountaineering with the “Best & Brightest”

MOUNTAINEERING WITH THE “BEST & BRIGHTEST” Ron Papa Reports from the “Economic Summit” On October 4, 2011, I attended an “Economic Summit” featuring a panel of eight institutional economists and portfolio strategists, representing different asset allocation approaches as they scaled the lofty peaks of economic turmoil and market uncertainty through 2012.   The following is an […]

2011 Third Quarter Scorecard

We’ve witnessed historic levels of market volatility during the third-quarter. The market worried about euro-zone sovereign debt, as well as, lingering economic weakness in the US and many other countries around the world. THE THREE D’s Rob Arnott from Research Affiliates, relates his view of the structural headwinds in the US economy- what he calls […]