Call Us at 610.715.2881 for a No-Cost, No-Obligation Consultation!

Revisiting Decision-Making Biases

Our caveman ancestors had a simple test for survival – Fight or Flight. In our modern world money is the source of survival. As a result every primitive survival and pleasure-seeking drive is intensely focused on capturing and guarding money. These drives are involuntary and highly emotional emerging more quickly and forcefully than logical analysis. [...]

DOL’s Fiduciary Rule Helps Wall Street – Not Consumers

The recent release of the “fiduciary rule” from the Department of Labor is being hailed as a boon to consumers. Conflicts of interest in the retirement advice industry are supposed to be a thing of the best. But will they be? Many consumers seek guidance from a brokerage firm. You know them well – Morgan [...]

In Wake of DOL’s Fiduciary Rule Key Regulator Doubts Robo-Advisors Can Be Fiduciaries

Earlier this week the Department of Labor (“DOL”) released new rules aimed at ensuring providers of retirement investment advice adhere to a fiduciary standard – that is, to put the best interests of clients first and above all. This may seem like an obvious point but as we wrote here many investors have no idea [...]

What’s In a Google Search?

In an oft-paraphrased 1789 letter to Richard Price Thomas Jefferson wrote that a well-informed electorate is a prerequisite to democracy. The next time we as a society collectively wonder about the political landscape and direction of our country we need look no further than ourselves and the things we deem important. Just what are the [...]

Congress Guts Popular Social Security Strategy

In an attempt to close a ‘loophole’ they claim is exploited by ‘evil one-percenters’ Congress has done away with a very useful planning strategy – File and Suspend. File and Suspend allows spouse #1 to file for and immediately suspend receipt of benefits until a future date up to age 70. This allows spouse #2 [...]

IRS Announces 2016 Inflation-Adjusted Limits

Last week the IRS told us what’s new in 2016. While some items remain unchanged there are interesting developments with 401(k) contribution limits, income tax brackets and deductions, IRA contributions, the estate tax credit, AGI phase outs and more. More than 50 tax-related items were addressed. A partial summary and some of the more interesting [...]

Know Where You’re Going Before Choosing How To Get There

Carl Richard is a believer in The KISS Principle. He spends his time providing financial education by explaining complex strategies and terms using simple, easy to understand diagrams. You can find examples in his weekly “Sketch Guy” column in The New York Times and his book “The Behavior Gap: Simple Ways to Stop Doing Dumb [...]

Go to Top