Here’s what might happen if Trump rolls back the new financial advisor rule

February 22, 2017   KHOU by KHOU Staff   A rule that would require financial advisers to act in their clients’ best interests is another regulation facing a possible rollback by the Trump administration. The “fiduciary rule,” which has been in the works for over a year, is scheduled to finally go into effect in April. The rule aims to change how …

What Could Happen if Trump Rolls Back The Dodd-Frank Act

February 13, 2017 Magnify Money by Katie Tiller The Dodd-Frank Wall Street Reform and Consumer Protection Act has been seen by many as legislation that helped dig the American economy out of the Great Recession by putting strict limitations on banks. Banks had to rein in their high-risk mortgage practices and meet stricter lending requirements. President Donald Trump has begun …

This Hot-Potato Rule May Get Delayed. What It Means For Your Retirement

January 9, 2017 CNBC by Tom Anderson The April 10 rollout of the Department of Labor’s contentious fiduciary rule is less than four months away. Republican lawmakers, however, want to wind back the clock. Rep. Joe Wilson, a South Carolina Republican, has introduced a bill that would delay the rule, which requires broker-dealers and financial advisors to provide advice in …

Why it’s important to review workplace benefits in October

October 5, 2016 CNBC by Deborah Nason When it comes to updating benefit packages every October, “most people run for the hills,” said Mark Germain, certified financial planner and founder and CEO of Beacon Wealth Management. “They wait until the last minute and just check off the boxes. And they don’t always seek out advice, because they don’t understand the …

How to Find the Right Financial Adviser for You and Your Money

July 20, 2016 Kiplinger’s Personal Finance by Lisa Gerstner & Kimberly Lankford Financial advisers come in a confusing array of professional designations, with different fee structures and areas of expertise. Americans aren’t making the grade when it comes to managing their finances—or at least they don’t think they are. On average, U.S. households give themselves a C+ on their ability …

Advisors See New Fiduciary Rule as a Chance To Educate Clients

April 15, 2016 Investor’s Business Daily by Morey Stettner April 6, the Labor Department issued a regulation to raise the standard for investment advice to retirement savers. Brokers and other financial professionals who help investors with retirement accounts must now act in the best interest of their clients. For those financial advisors registered with the Securities and Exchange Commission, the …

The Best Way to Save and Invest for a Home

April 15, 2016 Money Magazine by Sarah Max Q: I want to save to buy a home in the next five to 10 years but don’t want to use a savings account since they pay so little. Where should I save? — Maria, New York City A: This is a dilemma, to be sure. With interest rates still so low, …

When Clients Get Divorced

June 12, 2015 Wall Street Journal   John Gugle was featured in an article that addresses how financial advisors handle the tricky situation of their clients going through divorce.  John is a principal and owner at Alpha Financial Advisors in Charlotte, N.C. *** You can find the original Wall Street Journal article at: http://www.wsj.com/articles/when-clients-get-divorced-1434116143

The Triple Tax Benefit of Health Savings Accounts

U.S. News & World Report By Kate Stalter   The tax advantages are appealing, but don’t overlook HSAs as a way to save for health care in retirement. Americans are generally aware of tax-advantaged investment vehicles such as 401(k) plans, individual retirement accounts and 529 college savings plans. But one instrument, the health savings account, isn’t as well known, although it …

Going Beyond Referrals to Win Clients

May 11, 2015 Wall Street Journal Ann Gugle of Alpha Financial Advisors was featured in an article that dealt with financial advisors finding new clients and the unique ways that advisors build their practices.  Ann has worked to build up clients among Americans working and living internationally.  Ann is a principal and owner at Alpha Financial Advisors in Charlotte, N.C. …