Well, all know this isn’t true. But it isn’t your fault. This last year Gary Duell was the procrastinator. None of the smartest people in the room (not including yours truly) could agree on what was going to happen and what to do about it. Now that a major source of craziness will largely […]
Financial Advisers Keep Their Clients From Procrastinating Read More »
Just to be clear, this blog is about Financial Myths and the name of this post is indeed a myth. Or can be. There are “advisers” who sell insurance products in the absence of a financial plan in order to make a quick buck. But at prevailing money management fee rates (1.02% as of 9/2020)an
Fiduciary Advisers Who Offer Insurance Products Are Just Out To Make Money Read More »
Would you like to know why I’ve gotten zerofreaked-out calls or emails from my clients because of the coronavirus, political upheaval or [insert your own freak-out factor]? It’s because we’ve already tested even worse scenarios (like the 2001-2003 recession) in their written retirement financial plans and they know they will be OK. However, that doesn’t
6 Financial Steps You Should Consider NOW Read More »
I’ve always believed a universal fiduciary standard should exist for anyone who gives advice to others that can affect- and ruin -lives, whether it’s journalists, bankers, stock brokers, teachers or wedding planners. I don’t know why the fiduciary focus is strictly on finances. If you hold yourself out as an expert, you’d better not be
Top Three Influencers of Fiduciary Advice Read More »
I’ve had the good fortune to meet and work with Frank Maselli. He is a brilliant, affable and hilarious adviser to advisers. Below I’ve simply cut and pasted a great and timely article he just wrote for us advisers. Published on March 8, 2017 LikedUnlikeAnnuities & The F-Word! 25 Comment 6 ShareShare Annuities & The F-Word!
Annuities and the F-WORD Belong in the Same Sentence. Read More »
Well, no, it isn’t. But it could be. To get up to speed, here’s a good summary of the rules: https://www.dol.gov/ProtectYourSavings/FactSheet.htm Yeah, that is a many thousands of words summary. You should see the whole thing! In a nutshell, the Dept. of Labor’s new rules would have required anyone who gives advice about retirement plans
Trump’s delay of Fiduciary rules is a good thing. Read More »
1. Gary Duell, you are the Owner and Founder of Duell Wealth Preservation. What sparked your interest in this line of work and what were you doing professionally prior to this firm? What is the history of this firm? * I began my career as an agent for Farmers Insurance. *After 15 years I was
Interview with The Suit Magazine Read More »
I don’t think I have to remind you that this post heading is a MYTH. What’s astonishing with the case below is not so much the jaw-dropping audacity of the crook but the carelessness of his victims. Here’s the story, according to an article by Marlene Y. Satter in ThinkAdvisor. (See my Do’s & Don’ts
Annuity Salespeople Are All Honest & Competent Because of Special Licensing Read More »
I don’t think I have to remind you that this post heading is a MYTH. What’s astonishing with the case below is not so much the jaw-dropping audacity of the crook but the carelessness of his victims. Here’s the story, according to an article by Marlene Y. Satter in ThinkAdvisor. (See my Dos & Don’ts
Annuity Salespeople Are All Honest & Competent Because of Special Licensing Read More »
I don’t think I have to remind you that this post heading is a MYTH. What’s astonishing with the case below is not so much the jaw-dropping audacity of the crook but the carelessness of his victims. Here’s the story, according to an article by Marlene Y. Satter in ThinkAdvisor. (See my Dos & Don’ts
Annuity Salespeople Are All Honest & Competent Because of Special Licensing Read More »