Why Most Personal Wealth Management Concerns Are The Same (Part 3)

Posted by Joel Capperella on Mon, Oct 27, 2014

This is part 3 in a series covering the explanation of why most Americans share the same concerns over their personal wealth management.  Part one covered the history of the 401k and the fact that it was never intended to be the sole source of an individual’s retirement income.  Part two covered the typical focus of the personal finance industry on accumulation. Also be sure to read the post on the four most common concerns of asset protection strategies.  

The accumulation focus of today’s personal finance industry minimizes the opportunity for most consumers to properly factor the impact of income taxes during retirement.   Most know at least one person in their lives who are currently in retirement and are now paying a tax bill that has been assured by their participation in qualified (tax deferred) plans. Across the board there is a single sentiment about this situation, dislike.  

Read More

Tags: tax deferment, personal wealth management

Why Most Personal Wealth Management Concerns Are The Same (Part 2)

Posted by Joel Capperella on Mon, Oct 20, 2014

This is part 2 in a series covering the explanation of why most Americans share the same concerns over their personal wealth management.  Part one covered the history of the 401k and the fact that it was never intended to be the sole source of an individual’s retirement income.  Read the post on the four most common concerns of asset protection strategies.

Since 1980 personal wealth management by accumulation has increased.  The 401k has been massively successful, but more for the financial services industry than the average investor concerned over their personal wealth management.  By exploiting tax code to make it easy for employees to capitalize on their employers’ deferred income incentive the financial services industry has grown from just 4.9% of GDP in 1980 to over 8% of GDP in 2011.  This number continues to climb every year, and examining the source of this increasingly large portion of the United States economy we find that the largest growth has been associated with fees accumulated in exchange for these services

Read More

Kaepernick, NFL, Bose, Beats, and Wealth Advisors

Posted by Joel Capperella on Fri, Oct 17, 2014

wealth-advisorsThe news that the NFL fined San Francisco 49ers quarterback Colin Kaepernick $10,000 for wearing Beats by Dre headphones in violation of an NFL contract with Beats competitor Bose, is a curious analogy of the ridiculousness that wealth advisors engage in on a nearly daily basis.   The NFL, Bose, and Beats by Dre (which is now owned by Apple) are not exactly small businesses. Each multi-billion dollar entity has the cash flow, strength and influence to make significant impacts on not only consumer preferences but also culture itself.  So it is amusing when such large entities run into situations that transcend their influence.

Read More

Tags: personal wealth management, wealth advisors

Why Most Personal Wealth Management Concerns Are The Same (Part 1)

Posted by Joel Capperella on Mon, Oct 13, 2014

Last week we wrote a post that covered the most common concerns over asset protection strategies.  Today we start a three part series on the reasons why most personal wealth management concerns are seemingly so similar.  First I want to encourage you to read the post linked above, but in the interest of convenience here is a quick summary.  Those that we educate at our seminars almost always have one of the following concerns over protecting their hard earned accumulated assets: 

Read More

Tags: 401k, personal wealth management

Because it is Eagles Giants

Posted by Joel Capperella on Fri, Oct 10, 2014

Most of our readers are in the Philadelphia region, in fact probably 90+ percent.  So if you happen to be out of the region you have to understand something about NFC East football, it is intense.  It honestly doesn’t matter which opponent in the east your team is playing, they are all rivals.  It doesn’t matter how well your team is doing, an NFC East matchup is a big deal.  But it reaches a completely higher level when the two rivals are vying for the top spot in the conference and the game is the national game of the week.   That is what is going on this Sunday night.  The 4 – 1 Eagles vs the 3 – 2 Giants. Bradley Cooper (Philadelphia native if you didn’t know) gets it.  Check this out!
Read More

Tags: Football

The 4 Most Common Concerns Over Asset Protection Strategies

Posted by Joel Capperella on Thu, Oct 09, 2014

For the last decade we’ve held seminars all across the Delaware valley speaking to literally thousands of average investors. While the amount of their accumulated wealth varies, there is one consistency that is common across nearly every single person that we have educated.  They want to implement asset protection strategies to protect what they’ve accumulated but don’t necessarily know how to best go about creating one or putting one into place.  More specifically there are four common concerns over asset protection strategies, and our seminars attendees almost always have two or more of them on their minds. 

Read More

Tags: asset protection strategies

Addressing the Cons of Indexed Universal Life

Posted by Joel Capperella on Thu, Aug 14, 2014

The Approach that we implement for our clients is focused on a single objective, improve the performance of the safe part of the long term portfolio.  The goal is to improve the income that an individual or a couple will have access to in their retirement years.    

Read More

Tags: pros and cons of indexed universal life insurance

Is A Better Financial Plan Seminar Right for Me?

Posted by Joel Capperella on Thu, Aug 07, 2014

We run between 20 and 30 seminars annually across the Philadelphia region.  Our attendance has been picking up lately and we are getting many questions about when they are scheuled, what they focus on, and most importantly whether or not a seminar is right for a particular person.  The last question is probably the most frequent.  People want to know “Is A Better Financial Plan seminar right for me?”   Because we are asked so frequently we thought that we would put a post together to summarize the criteria that would make attending a seminar a good use of your time.   

Read More

Tags: Seminar, criteria, retirement income

Financial Decision Making is Hurt by the Absence of Objectivity

Posted by Joel Capperella on Wed, Jul 23, 2014

We are currently working on a number of new pieces of content that are focused squarely on the specific vehicles we use when developing solutions for our clients that will help them with the financial decision making process.  We are actually pretty excited about it and the plan is to deliver the details across several mediums.  Now as anyone in a small business will tell you, initial plans don’t always work out exactly as they were sketched on the napkin.  So while the multiple medium is a matter to be determined do be on the look out for our new material.  The objective is to provide more and more detail and insight into the mechanisms that make up the plans that we put together.   

Read More

Tags: financial decision making

Why Wouldn't You Want to Learn More?

Posted by Joel Capperella on Thu, Jul 03, 2014

Couple of weeks ago I wrote a post about the importance of  transparency in the business of personal finances.  You can check it out here, in fact go read it right now it is important.  In that same spirit, today I want to be a little more blunt and transparent about something that puzzles me to no end.   

Read More