Preparing Our Children for Their Financial Futures
By: Eryka Morehead, President & CEO, Collaborative Planning Group
Blog
For the last 21 years, Foster Group has been a member of a national network of investment advisory firms, all of whom serve clients in a fiduciary capacity. The consortium, Zero Alpha Group, was founded in 1995 in recognition of their alignment in vision and goals and their collective desire to work collaboratively. Today, Foster Group continues to be an active member of ZAG in many ways and our...
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Interest rates have been at historic lows for a number of years now and it often leads physicians to ask what they should do with their surplus cash-flow to create the most wealth. Should you accelerate the payoff of student loans and mortgage debt or should you invest the surplus because borrowed dollars are so cheap that, in some cases, the return on the invested dollars could be higher than...
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We are on the cusp of my favorite time of year - football season. I have loved the game of football since I can remember. The strategy behind different schemes and formations, the physical challenge, and the deep level of trust among teammates developed throughout a season. Ultimately, football is a team sport. Successful teams work together like a well-oiled machine and understand the importance of each position. One of the...
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Lead Advisor Jon Evans Asks, lead Advisor Phil Kruzan Answers
1. We have been hearing a lot about the term “fiduciary” in the news media recently, can you shed some light on why this is an issue? In our industry, I think we have done a really good job of confusing the public by using sophisticated terms, words, and phrases about financial products and financial instruments. There are two distinct... Read More
As a financial advisor, I talk about money all day long…and it doesn’t stop when I get home! Since our girls were young, my wife and I have been intentional about teaching and training them on making financial decisions. What we discovered over the years are two significant truths:
- The best way to learn to handle money is have your own money to handle.
- The best way to learn to... Read More
Here’s why we care about a fiduciary standard and why all investors should as well. When receiving financial advice would you rather have a financial advisor guide you in way that is always in your best interest or something less? The Department of Labor recently published a rule requiring financial professionals and companies who provide investment services to retirement plans to operate according to a fiduciary, or, in common language, a...
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No matter which media outlet you choose to keep current on events of the day, the overwhelming sentiment that seems to be spread is negativity. If you’re like me, this can become a little discouraging. The psychological effects of this constant barrage of bad news is something I wonder about, but off-topic from my point in writing this. Spoiler alert, the news isn’t all bad. As financial advisors, we often remind...
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