All Posts

My Prediction about the Future Advisor

My Prediction about the Future Advisor

During the late 80s, I worked on Wall Street for Drexel Burnham Lambert.  I remember the investor intermediaries were then called “Stock Brokers” or “Brokers.” The Broker’s value proposition was access to information and the execution of trades.  I remember the Brokers walking over to a wall that had a see-through tubing system that ran

Read more

How Much Money Do You Need To Be Wealthy?

How Much Money Do You Need To Be Wealthy?

According to a recent survey from Charles Schwab [referenced in an online article by Financial Advisor Magazine], “…respondents said that on average being wealthy means having a personal net worth of $1.9 million. That’s down from $2.6 million in the prior year’s annual “Modern Wealth Survey.” “Survey participants also lowered the bar for how much

Read more
LOAD MORELoading ...