03/31/2017
What Grade Would Financial Advisors Give Trump?

What Grade Would Financial Advisors Give Trump?

…and other recent Wealth Management articles OptiFour executives have been quoted in.

 “What Grade Would Financial Advisors Give President Trump?”

That’s what TheStreet.com decided to find out by talking to American money management specialists, including Larry Solomon, director of investments and financial planning at OptiFour Integrated Wealth Management. Overall, Solomon gave him an O for Orange – generally good, but can also mean “caution” or “slow down ahead”.

To see all the factors behind Solomon’s assessment of the Trump Administration so far, read the full article: “President Trump Grades Out Well in the Eyes of Financial Advisors”.

“5 Lessons We Can Learn from Johnny Depp About Money Management”

Larry Solomon, director of investments and financial planning at OptiFour Integrated Wealth Management was recently featured in the article “5 Lessons We Can Learn From Johnny Depp About Money Management” in US News & World Report. In it, he explained how Johnny Depp’s financial crisis could have been alleviated if he’d been more open with his financial advisors, and if they’d been more outspoken about the effects of his spending habits.

You have to be on the same page as your financial advisor, Solomon said. “Any regular saver and investor should know that a good financial planning process includes an analysis of the client’s income, savings, investments and lifestyle expenses to make sure they are cash-flow positive and on track to achieve their financial goals,” said Solomon.

“5 Great Estate Planning Tips for the Rest of Your Life”

Despite the multitude of attorneys, financial planners and accountants that specialize in estate planning, the majority of Americans are skittish about planning for their end-of-life financial needs. When people do end up visiting an estate planner, they sometimes fail to cover the most important ground. Larry Solomon was asked to weigh in in an article in TheStreet.com.

First, he describes a common estate planning mistake, establishing a revocable living trust but failing to fund it. Second, he cautions against purchasing cash value life insurance if the goal is for a death benefit to replace income or protect your family.

To learn more about how to get the most out of your visit with an estate planner, read “5 Great Estate Planning Tips for the Rest of Your Life”.

“RIAs embrace the tough-love feedback of advisory boards”

One thing that sets OptiFour Integrated Wealth Management apart is that we have an advisory board that rigorously critiques our approach. It’s like a focus group, explains Weston Burnett, president of OptiFour Integrated Wealth Management, in a recent Investment News article. Our advisory board, which was created four years ago, is made up of 12 clients serving three-year terms.

To learn why some financial advisors embrace this kind of tough love, and how it improves the client experience, read the full article, “RIAs embrace the tough-love feedback of advisory boards”.

About OptiFour Integrated Wealth Management

OptiFour Integrated Wealth Management has provided wealth management and financial planning in the greater Virginia, Maryland, and DC area for the past 25 years. To learn more about our firm and our many integrated services, please visit our homepage today!

 

sort