When a hard-won historic milestone is achieved, it’s usually front-page news: Apollo 11’s “one giant leap for mankind.” The fall of the Berlin Wall. Martin Luther King’s “I have a dream.” … The recent fiduciary ruling by the Department of Labor (DOL).[read more]
Our Perspective on the Department of Labor’s New Fiduciary Rule
The Behavior Gap
“The investor’s chief problem – and even his worst enemy – is likely to be himself.” – Benjamin Graham, author of The Intelligent Investor Research on investor behavior again confirms that most of us aren’t wired to make good investment decisions[read more]
Benefits of Working with a Professional Financial Advisor
Studies show that investors who use a professional financial advisor achieve better results on average than investors who don’t. A professional financial advisor offers you significant advantages, including: A well-structured portfolio. An advisor will begin by making an asset allocation recommendation[read more]
To Build Wealth, Start With a ‘Big Picture’ Strategy
At Grand Wealth Management, we firmly believe that investment management and financial planning go hand in hand, and that one without the other can result in less than effective financial decisions. We often meet individuals who have focused on selecting[read more]
Whose Interests Does Your Financial Advisor Serve?
In last month’s edition of Financial Insights, we let you know that a U.S. Court of Appeals had struck down the so-called “Merrill Lynch rule.” The court ruled that the Securities and Exchange Commission (SEC) had exceeded its authority in exempting[read more]
Is Your Personal Data Prepared for an Emergency?
Many of life’s unexpected perils, such as a fire, flood, theft, or death or serious injury occurring within your family, can have profound implications for your household’s financial security. With contingency planning, however, you can limit the chaos and confusion[read more]