Get Wise to Your Advisor: How to Reach Your Investment Goals Without Getting Ripped Off

Lockshin, Steven D.

ISBN 10: 1118700732 / ISBN 13: 9781118700730

Published by Wiley, 2013

May have limited writing in cover pages. Pages are unmarked. ~ ThriftBooks: Read More, Spend Less. Seller Inventory # G1118700732I4N00

Synopsis:

The financial services world is changing. Technology is enabling an automated approach to investing that should bring down the cost of commodity services.  No longer do you have to fund the lifestyle of a broker or advisor to have him tell you how to diversify or where to find the next investment that cannot be missed.  This book will provide the tools for calculators that tell you most of what you need to know; from how much insurance you need to have to how you should diversify.  The book will help readers with the following: 

• Understand what you have
• Plan your long-term goals
• Start to save (maximizing your 401k)
• Reduce debt
• Run your Monte Carlo Simulation
• Determine the appropriate asset allocation
• Set up your auto-rebalancing and periodically (annually, perhaps) re-examining your asset allocation to account for globalization
• Deploy the asset mix through low cost, tax-efficient strategies
• Look at it once per year

This book will provide a better understanding of your investment decisions. But, we all cannot be do-it-yourselfers. Advisors serve as an important resource for consumers when they are both capable and understand their duty to serve you, the customer, first.  To complement their moral station, they must have the skills to deliver appropriate advice.  The book, much like the company Steve founded, will simplify standards for consumers and audit advisors to those standards. 

About the Author:

Steven D. Lockshin is the founder and former CEO of Convergent Wealth Advisors, one of the nation's leading wealth management firms, providing investors with objective advice, flexible investment solutions, and transparency. He helped pioneer the open architecture approach to investing and was an early adopter of asset allocation strategies for high-net-worth clients.

Bibliographic Details

Title: Get Wise to Your Advisor: How to Reach Your ...
Publisher: Wiley
Publication Date: 2013
Binding: Hardcover
Condition: Very Good
Dust Jacket Condition: No Jacket