EAGLEROCK FINANCIAL IS PLEASED TO INTRODUCE A SPECIAL PRESENTATION
“YES, YOU CAN RAISE FINANCIALLY AWARE KIDS”
“It is important that your children learn what they can do with money early in life so they will apply the lessons learned at home as they face the real world in future years.” This quote, from American Century’s founder James E. Stowers Jr., sums up our webinar topic real well!
** Learn how to raise kids in a financially aware manner
** Learn your roll as the CFP – Chief Financial Parent
** Involving your children and grandchildren in your finances
Stuart Steinberg of Eaglerock Financial, Inc has worked with families for more than 20 years, helping them work toward their financial goals through a holistic, well rounded approach rooted in objectivity, education, and empowerment
WHEN: Wednesday May 30 at 10:00 A.M est and Thursday May 31 at 1:00 est
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, consult your financial advisor prior to investing. Investing in mutual funds involves risk, including possible loss of principal
Investors should consider the investment objectives, risks, charges and expenses of the investment company carefully before investing. The prospectus contains this and other important information about the investment company.
Securities Offered through LPL Financial, Member FINRA/SIPC
Here are 5 top tips for choosing the right person to help you manage your financial life:
1) Ask Questions. When you’re looking for a financial advisor, you want to know how they do their business. Your questions will help start some important conversations.
How long have they have been in practice? What are their credentials?
What type of clients have they had?
As an advisor, do they have a specialty? Insurance or tax planning? Estate and retirement planning?
How do they keep up with the changing financial landscape?
What services do they offer?
You can never ask enough questions.
2) Get the Right Fit. Your financial advisor plays a significant role in your life. It’s important that you feel good about them.
I suggest you align yourself with an advisor who tends to think the way you do. For example, if you’re deliberate in your decision making, advice from an aggressive planner might often sound rash to you. Avoid this kind of situation by taking time now to get to know this person.
I’ve been working as a financial advisor for more than 20 years and I feel very comfortable having this conversation. I like when prospective clients ask me what I specialize in. I tell them about the array of services I offer, how they range from tax preparation on a very basic level to sophisticated retirement planning for the affluent. I’m confident that I can rise to the challenge that comes with any client who contacts me. If, however, we aren’t a good fit, I will let them know.
3) Ask For a Referral. Ask a friend, business associate, or a family member. Who do they use? I’m happy to say that I’ve built my entire practice on referrals from satisfied clients.
4) Compensation. Independent advisors have different pricing structures. It’s important to understand how the advisor is paid.
For example, most of my work is fee based. That means I receive a monthly fee for managing money and for planning with my clients. For some of my work, I get paid a commission based on the type of investment and total money invested.
When interviewing a prospective financial advisor, you want to ask about their fees and commissions.
5) Trust the process. It’s important to do your homework. But eventually you need to make a decision. I encourage my clients to do relevant research online, but after a time this can be overwhelming. At some point you must stop and trust your team and make the decision. Move on with your life. Don’t be a victim of paralysis by analysis.
Listen below to Stu and Win damon of WNBP.com review this topic on radio 1450 AM Newburyport
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, consult your financial advisor prior to investing.
Advisory services offered through LPL Financial, a Registered Investment Advisor. Securities Offered through LPL Financial, Member FINRA/SIPC
EAGLEROCK FINANCIAL IS PLEASED TO INTRODUCE A SPECIAL PRESENTATION
“RETIREMENT STRATEGIES FOR WOMEN” (Tracking #540182)
The challenges are everywhere for women in the work force. Earnings still tend to be lower overall, women are likely to live longer, and are often in the role of the caregiver. Combine all this with a cautious investment behavior and I wonder: Will it be enough?
** Learn strategies to move your retirement plan in the right direction.
** Do you know how much you’ll need to save?
** Will you need MORE income in retirement?
Stuart Steinberg of Eaglerock Financial, Inc has worked with families for more than 20 years, helping them work toward their financial goals through a holistic, well rounded approach rooted in objectivity, education, and empowerment
WHEN: Wednesday May 23 at 10:00 A.M est and Thursday May 24 at 1:00 est
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, consult your financial advisor prior to investing. Investing in mutual funds involves risk, including possible loss of principal
Investors should consider the investment objectives, risks, charges and expenses of the investment company carefully before investing. The prospectus contains this and other important information about the investment company.
Securities and Advisory Services Offered through LPL Financial, Member FINRA/SIPC
I love golf and used to play it alot. With 3 kids and a growing business, its tough to find the time to play these days. Here are 5 ways golf is like financial planning:
1) Prepare and Plan. Good golfers approach each round with a plan. In preparation for this they look at variables – the course conditions, the weather, how they’re feeling, and how they’re hitting the ball, among others. In preparation for our meetings, I tell my clients to do the same: identify as many variables as they can. They can anticipate, for instance, sending their kids to private school. They might know about the potential of a rise or a fall in salary due to a change in job or career. Prepare for the future and make a plan. It’s what good golfers do, and it’s what good financial planners do, too.
2) Goals. Before I had three kids I had time to play golf. I regularly shot between 75 and 85. If I got on the course tomorrow, however, I don’t even think I could shoot my weight. I might be out of practice but I am still in the habit of making a goal. Before my round I’d lay out the holes in my mind and set a target score for day. It brings focus to the day and gives me something to shoot for. It should be no different when you do your finances. Think about the fairways and the greens ahead of you, so-to-speak. Set realistic goals that you can stick with. Say you want to move to a neighborhood where the houses sell for no less than $600,000. That sounds like a goal to me. Just make sure you have a plan in place that will get you there. If that plan is not realistic, modify the goal so it is attainable.
3) Resources. In golf, the touring pros keep notes on difficult holes and greens and yardages and other data. Great pros remember every shot and angle and distance and they store it all in their head and in these books. Likewise, you need information to plan your finances. Collect those magazine articles, or any good advice you find on the Internet, or advice from family and friends. It can all be taken into account when planning. And think of your financial planner as your caddie. Your caddie is someone who knows what you’re capable of. Your caddie helps you interpret the data and advises you on how to approach difficult shots. Your financial planner should be this for you, too.
4) Acceptance. There are some things you just can’t control. Golf is a capricious sport. Your best day on the course can be followed by your worst. Same with the financial markets. One day they’re up, another day they’re down. There’s only so much you can do about these things. If you want to stay in the market, you have to learn to live through these wild swings and look for ways to preserve balance in your portfolio.
5) Camaraderie, knowledge, competition, and friendship. I want all of these when I play a round of golf. I want all of these when I’m working with a client on their finances. I want to get to know my clients. I want to learn from them, teach them, help them. Golf partners strategize together and it really helps. I look for the same kind of collaboration and the same results in financial planning.
Listen to our podcast below as Win Damon and I review this topic on wnbp.com. I am live with Win on Radio 1450 AM / wnbp.com every Tuesday morning at 8:30.
EAGLEROCK FINANCIAL IS PLEASED TO INTRODUCE A SPECIAL PRESENTATION
“THE SANDWICH GENERATION – CARING FOR YOUR AGING PARENTS” (Tracking #1-023042)
If you are one of the 20 milion + American who struggle to care for aging parents while raising a family of your own, this FREE webinar could be important to you! Join Financial Advisor Stuart Steinberg, CPA, MBA for this free webinar today!
** Learn how to talk to your parents about money and how to identify their needs.
** Find out what financial and medical information you will need, and learn how to get it.
** Know the important resources available to you.
Stuart Steinberg of Eaglerock Financial, Inc has worked with families for more than 20 years, helping them work toward their financial goals through a holistic, well rounded approach rooted in objectivity, education, and empowerment
WHEN: Wednesday May 16 at 10:00 A.M est and Thursday May 17 at 1:00 est
Stuart Steinberg, CPA, MBA, is proud to present the Eaglerock Financial Literacy Webinar Series.
Take the opportunity to learn from financial advisor Stuart Steinberg in a free 12-week webinar series. Each week of this exciting, engaging, and important series will focus on a select aspect of your personal finances.
The founder of Eaglerock Financial, Stu has a passion for empowering his clients by teaching them how they can improve their financial outlook. Along with a wealth of professional credentials, Stu brings the perspective of more than 20 years in the financial services industry. He has a passion for education, a sense of optimism, and a talent for creative problem-solving. To every one of his clients he brings a high level of commitment and a deep well of energy.
Join Stu for a free 12 week Webinar Series starting Thursday Septmeber 13 at 1 pm
The Sandwich Generation (Tracking #1-023042)
Thursday September 13 at 1 p.m.
Invest in Your Child’s Future Presentation (Tracking #634953)
Five Tips for Surviving Market Volatility Presentation (Tracking #1-017263)
Thursday October 4 at 1 p.m.
Managing the Human Element in Investing Presentation (Tracking #539687)
Thursday October 11 at 1 p.m.
Invest for Life (Tracking #683907)
Thursday October 18 at 1 p.m.
Retirement Strategies for Women (Tracking #540182)
Thursday October 25 at 1 p.m.
Retirementology (Tracking #660535)
Thursday November 1 at 1 p.m.
Yes, You Can…Raise Financially Aware Kids (Tracking #709153)
Thursday November 8 at 1 p.m.
It’s Always Something: Crisis to Confidence (Tracking #681605)
Thursday November 15 at 1 p.m.
Distribution Basics for Employer Sponsored Retirement Plans (Tracking #726716)
Thursday November 29 at 1 p.m.
Women, Money and Power Presentation (Tracking #392784)
Thursday December 6 at 1 p.m. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, consult your financial advisor prior to investing. Investing in mutual funds involves risk, including possible loss of principal.
Investors should consider the investment objectives, risks, charges and expenses of the investment company carefully before investing. The prospectus contains this and other important information about the investment company.You can obtain a prospectus from your financial representative. Read carefully before investing.
Securities Offered through LPL Financial, Member FINRA/SIPC
According to the Forest Institute of Professional Psychology in Springfield, MO, 50% percent of first marriages, 67% of second marriages, and 74% of third marriages end in divorce.
That means people – a lot of people, unfortunately — are dicing up their money and assets in every conceivable way. Divorce often means that homes are sold, boats are sold, 401k accounts are split. There are new tax situations to understand, child custody disputes, and other legal implications that hover over the experience.
It can be much cheaper (though far more psychologically painful) to stay together than get divorced.
I once went through divorce myself, and though it was an unhappy time it has given me some insight to pass onto clients who are going through it now. Here are 5 tips for people who are planning the finances of their divorce.
1) Have a great team in place. I’m not just talking about the lawyer who’s going to “win big” for you. I’m talking about the person who can make a financial plan for you and or your children going forward. How will you pay the bills monthly? After you pay your debts, will you have enough retire? How many more years do you have to work? What about affording college for the kids? These are some of the key questions a financial advisor can help you with.
2) Get educated. The Internet is full of information, and I ask my clients to use it wisely. Before a monthly or quarterly meeting, I’ll give them some popular terms — $401k rollover,annuity,529 college savings plan,alternative investments, and others – to research online. Our meetings are always more productive when a client takes on the homework. Getting educated in this area of your life will help you make good decisions for your family.
3) Consult a qualified tax advisor. Hire a professional who really knows his or her stuff. They can help you wade through all the many filing options. Also, it’s good to find an advisor who has a good CPA to refer you to. With all the annual tax code changes it helps to have a top notch person in this area.
4) Get organized. Many women have never had to handle the financial side of their lives. Now, amidst divorce, they must learn on the fly. Avoid getting overwhelmed by staying organized. It might be as ordinary as writing checks to pay the bills, or keeping track of debt online. You’ll thank yourself for staying on top of it all.
5) Try something new. No matter your situation, it always pays to take the high road and do the best you can. Personally, I was divorced in 1997 and learned a yoga practice that has continually grown and expanded me physically and mentally. In every disappointment in life there lies an opportunity, and in this case yoga was mine. In this difficult time, you might find something that will change your outlook forever.
Click below to hear Win Damon and I chat about financial planning and divorce on at wnbp.com and 1450 am WNBP Newburyport every Tuesday at 8:30 am
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, consult your financial advisor prior to investing. This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.
Stuart Steinberg is a Financial Advisor with, and Securities and Financial Planning is offered through LPL Financial. A Registered Investment Advisor, member FINRA/SIPC. You can reach him at Eaglerock Financial, Inc. 55 Pleasant Street, #206, Newburyport, MA 01950 (978) 864-9581.
EAGLEROCK FINANCIAL IS PLEASED TO INTRODUCE A SPECIAL PRESENTATION
