Asset Management
Written by David, March 24th, 2010
Senate Banking Committee Chairman Christopher Dodd (D-Conn.) has been all over the media lately with his plans to impose new regulation on the financial industry. One of the proposed changes to the current body of regulatory law includes the potential of designating brokers and other financial advisers as fiduciaries.
Now, you may have already thought that your broker or advisor was a fiduciary, which means just means they are required by law required to act in your best financial interest. Well, if you thought that, you’d be wrong. Most brokers and financial advisors are not bound by a fiduciary responsibility to protect your money.
The only kinds of advisors that are bound by fiduciary rules are registered investment advisers, or RIAs, and certified financial planners.
My firm, Fabian Wealth Strategies, is a registered investment adviser that knows and respects the fiduciary relationship we have with our clients. In fact, the requirement that we steward your money with the utmost caution and care fits eminently well with our personal charter to preserve and protect your capital.
I don’t think Sen. Dodd’s proposal to make all brokers and financial advisors fiduciaries will end up in the final version of financial regulatory reform. The Wall Street lobby is too powerful to let that happen. You see, the big brokerage firms really don’t want to be responsible for your money the way a RIA firm is.
I’ll leave it up to you to judge which type of advisory relationship you’d prefer, but let’s just say I know the one I prefer, and that’s the fiduciary responsibility of the RIA.
NOTE: Fabian Wealth Strategies is a SEC registered investment adviser.
Written by David, June 24th, 2009
If it looks like a duck, swims like a duck and quacks like a duck—then it’s probably a duck.
We’ve all heard this little common-sense gem, yet when it comes to investing, many people have a hard time telling the ducks from the swans. Nowhere is this case of mistaken identity more pronounced than when it comes to recognizing what most so-called “active” investment advisors are doing with their clients’ money.
The way I see it, most investment advisors claiming to be “active” managers are just buy-and-hold sheep in Armani clothing.
What do I mean by this? Well, I explain it all in detail in my new special report, The 7 Dirty Little Secrets of Asset Management.
This report shows you why so many common investment strategies that purport to be active management are basically just different twists on the same old worn out—and thanks to the recent bear market—now thoroughly discredited investment philosophy.
If you want to find out if your portfolio is being put in jeopardy by buy-and-hold pretenders, click here.
Written by David, April 16th, 2009
We are now in history-making economic times. In the last 18 months, most investors large and small have suffered catastrophic losses. The recent rebound in the equity markets has given some relief and hope that the future may be improving but there is still great concern for our economy.
HOW your money is being managed going forward will be critically important to avoid repeating the same mistakes of the recent past.
No matter where you are invested, you owe it to yourself to make the best decision possible. Click on my photo below to watch a brief video on the 5 Keys to Your Investment Success. Now more than ever, you need to determine if your advisor is prepared and your assets are positioned for the difficult road ahead.
Written by David, April 15th, 2009
Have you lost faith in your financial advisor? Does his or her insistence on “staying the course” make you feel like they don’t have your best interest at heart? If so, then it’s time for you to get a second opinion.
If you find yourself holding a bull market portfolio in the midst of the worst bear market since the Great Depression, then Fabian Wealth Strategies can help.
At Fabian Wealth Strategies we have our clients defensively positioned for the difficult times ahead. If you have a portfolio valued at $250,000 or more and would like a second opinion on how to handle this bear market, call us at (800) 391-1118 or visit us at www.fabianwealth.com.
Written by David, March 31st, 2009
Today’s stock market beast is not the same animal it was a decade ago. In fact, the pace of change has been relentless in recent years, and even the most conscientious individual investor has had a tough time keeping up with the all of the financial market upheaval.
If you’re managing your own money, are you getting the results you think you should?
Or, is your money being managed by a stockbroker or investment advisor who insists
you “buy and hold” stocks even while Wall Street—and your portfolio—get savaged by
a malicious bear?
Now more than ever, individual investors need expert guidance and continuous “eyes
on” monitoring of all of their positions, not just occasionally, but every trading day. The
simple fact is that in today’s market environment, you’ve got to have an experienced
ally on your team if you want to successfully navigate these treacherous market seas.
At Fabian Wealth Strategies, we believe that innovation is at the forefront of each
client’s success.
Click here to learn more about how Fabian Wealth Strategies can help you manage your assets according to your goals in a simpler, easier and more cost-efficient way than ever before.
Written by David, August 06th, 2008
Want to here the latest update on my Lemon List, the list of America’s worst-performing mutual funds?
Well, now you can take a listen to my chat with Fabian Wealth Strategies vice president David Fabian, who presented me with the highlights (or should I say low lights) of some of the most egregious mutual fund offenders in what was a very tough second-quarter.
To listen in on my chat with David, click here.
Listen to the Windows Media File
Download the MP3
If you own a mutual fund, or if you were planning on buying a mutual fund anytime soon, I urge you to listen to this segment today. A little chat under the lemon tree could save you from a very sour-tasting portfolio down the road.
