Posts Tagged With ‘ Personal Finance ’

When it comes to money and relationships, it’s important to be on the same page. But what if you’re not? Investor advocate and Wealthramp founder Pam Krueger, joined by Wealthramp network advisor, Bob Carroll, CPA, CFP®, CDFA™, went on the air in Cleveland to talk to viewers about the importance of working together with your partner to navigate your finances. If you’re struggling to align your ideas with your significant other or just need help with deciding which strategies make the most sense for your family, it can be helpful to work with a fiduciary, fee-only financial... Continue Reading

What if I told you the world of providing financial advice has greatly evolved in the last decade? Do you know how it has changed and if you’re still taking an “old-school” approach to planning your finances? It used to be that financial planning was an “add-on” service for wealthier clients with enough assets to be professionally managed. The emphasis was on the return of the assets and not much else. Meanwhile, the average person, especially one starting out in a career, had little to no opportunity to receive any planning advice. However, some of today’s financial advisors haven... Continue Reading

Over 90% of financial advisors in the US are not legally bound to act in your best interest. That’s because they’re just sales people, who are paid commissions to recommend things like annuities, insurance, etc. How are you supposed to know if what they’re telling you is truly thoughtful advice, or just a sales pitch? Investor advocate and Wealthramp founder Pam Krueger joins Maggie Rodriguez, host of Daytime Tampa and local Wealthramp network advisor, David Frisch, CPA, PFS, CFP® of Frisch Financial. Together, they break down what it means to be a fee-only, fiduciary advisor,... Continue Reading

Sarah is a highly respected  therapist, author, and speaker, with over 30 years’ experience nearing retirement age. She’s also a hands-on investor who knows what she wants. Sarah was searching for a highly qualified fiduciary advisor with the right expertise for her situation, and who would be responsive to her needs. Sarah found her way to Wealthramp by filling out a simple survey she found on Instagram. She didn’t really expect to find a needle-in-a-haystack advisor this way, but took a chance.  Sarah had already met several advisors that weren’t the right fit. Like many people, she... Continue Reading

There are a lot of financial advisors out there, so how can you tell that your financial advisor is really working in your best interest? They may say they put your financial interests first, and they may even believe that they are. However, unless they are a Registered Investment Advisor (RIA) legally held to a fiduciary duty to act in the best interest of their clients, their loyalty may be to the firm they work for, not you. Financial advice is an industry, not a profession. While no one can just call themselves a doctor or a lawyer, the guidelines for who can call themselves a “financial... Continue Reading

The Secure Act 2.0 impacts saving and investing for just about everyone, and especially those about to retire. Are you ready to take full advantage of all the new retirement laws? Many people are relying on their financial advisor to understand and take advantage of all the new rules.  Investor advocate and Wealthramp founder Pam Krueger, joined by Wealthramp network advisor, Bob Carroll, CPA, CFP®, CDFA™, went on the air in Cleveland to give viewers a sneak peek into Secure Act 2.0, and explain why it pays to work with a fee-only fiduciary advisor now more than ever. If you’re thinking... Continue Reading

Setting Yourself Up Right: Choosing your financial advisor can be easy once you know what you’re looking for. These five steps will help you find the smart fit for you. 1. Get clear on what your financial advisor will deliver. There’s a difference between a broker and an independent financial advisor. Brokers or insurance agents sell products. They’re paid commissions for financial products they may recommend to you. Independent financial advisors work directly for you. They provide advice gained from experience and focus within the industry. A relationship with a financial advisor may result... Continue Reading

When it comes to optimizing your financial wellness, many believe that expert and unbiased financial advice is too expensive or out of reach. But that’s not always true. It’s essential that you understand how your financial advisor is compensated, so you can truly trust advice that could make or break your retirement goals. You don’t have to get your financial advice from someone selling a financial product or service, and earning commissions. Investor advocate and Wealthramp founder Pam Krueger joins Gayle Guyardo, host of nationally syndicated health and wellness show Bloom in Tampa and... Continue Reading

For many couples, no amount of therapy, date nights, chocolate or flowers is enough to keep their marriage going. When divorce becomes the only option, it’s important to start planning because the process is often emotional. That’s especially true when it comes to handling the financial aspects of divorce. You can get caught up in all the legal negotiations and miss things that eventually turn into costly mistakes. The fact is the cost of a divorce can far exceed just attorney fees. And, while conventional thinking tells you that ex-spouses split everything 50/50, the financial impact of divorce... Continue Reading

How I Got Started I started out going to college and learning that I was extremely interested in working with numbers. After graduating, I decided I wanted to pursue becoming a CPA. After I finished up my Master’s, it was around 2008 and as many are aware, the market crash happened, so I ended up moving to New Jersey. I had a family friend pull me aside while I was back and they told me about how their financial advisor was hiring interns for the summer. With the market in the hole and job opportunities scarce, I immediately jumped at the opportunity. Over time I have really enjoyed helping people... Continue Reading