Tag: fiduciary advisor

September 16, 2020

By: Joseph Vecchio / 0 comment

Employer Fiduciary Responsibilities

Whether large or small, employers that provide a retirement plan all face one common risk: Fiduciary Responsibility. Employers that provide a retirement plan have a fiduciary responsibility to keep the plan in compliance with the Employee Retirement Income Security Act (ERISA). Due to the complex  regulatory rules, plan sponsors can often find it difficult to […]

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July 13, 2020

By: Joseph Vecchio / 0 comment

10 Biggest Mistakes To Avoid When Hiring a Financial Advisor

Knowing when to hire a financial advisor If you want to build wealth and optimize your financial life, hiring a financial advisor can be a smart move. Unfortunately, not all financial advisors are equal – not by a long shot. And if you hire someone who isn’t qualified, you could wind up worse off than […]

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April 7, 2020

By: Joseph Vecchio / 0 comment

3 Flaws of Salespeople That Will Hurt You

THREE Character Flaws That WILL HURT YOU – Ignorance, Incompetence or Incentives. 1. Ignorance- It is possible that they just didn’t know how to analyze your situation holistically/comprehensively. 2. Incompetence – It is also possible that they did not have the right resources or if they did how to apply those resources the right way. […]

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March 17, 2020

By: Joseph Vecchio / 0 comment

Protect Yourself – Fee-Only Financial Planning

What is fee only and tax focused advice? As fee only advisor, I do not represent a bank, a brokerage firm, or insurance company. My sole source of compensation is paid directly by clients in the form of a fee. Why is that important? If you don’t know how your advisor is being paid how […]

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March 12, 2020

By: Joseph Vecchio / 0 comment

3 Imminent Threats To Your Investments (not COVID-19)

Forecasters, Market Timers, and Other Behaviors Are A Threat To Your Long Term Goals Investment plans must be inspired by your goals for the future, and constructed with principled investment strategies and evidence for what works in investment management. Not on a hunch, or on what pays a broker the highest commission. This in essence […]

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March 11, 2020

By: Joseph Vecchio / 0 comment

Who Do You Lean On For Financial Advice?

It is widely agreed upon that most of us don’t do our own plumbing, we don’t fill our own cavities, and we tend to bring our vehicles to the mechanic when they have problems. There are certain things in life where someone’s expertise is both valuable and a time saver. The same can be true […]

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February 28, 2020

By: Joseph Vecchio / 0 comment

ARE YOU MENTALLY PREPARED FOR A 40% MARKET DECLINE?

Many investors are completely unaware of the amount of inherent risk in their investment portfolios. My job is to make sure you aren’t caught unprepared for the next gut-wrenching market correction. Now is the time to ask the question “How far can your investments drop in this market correction?” Once you understand how much of […]

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February 25, 2020

By: Joseph Vecchio / 0 comment

You Must Unlearn What You Have Learned

What’s Taught: Pick winning Stocks Find superior money managers Time Markets Financial Press   What Matters: Reduce Expenses Diversify portfolios Minimize Taxes Discipline

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February 23, 2020

By: Joseph Vecchio / 0 comment

Why Healthcare Professionals Shouldn’t Buy Insurance Without a Financial Plan

Within the financial service industry, there is no higher form of achievement than sales to medical practitioners during and after their years in residency. The insurance and financial industry have understood for years that graduates from medical school, regardless of their chosen field of expertise, have a potential for significant income over their lifetime. The […]

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February 17, 2020

By: Joseph Vecchio / 0 comment

Medical School Loans = Good Business Loans

Many recent medical school graduates seem to be embarrassed about their student loans. As I talk with these individuals you can see in their body language that they feel taking on approximately $200,000 in debt to get a medical degree might have been an imprudent financial decision. In contrast, I invite you to think of […]

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Shore Financial Planning © 2021 All Rights Reserved.

Shore Financial Planning is a fee-only financial advisor based in Monmouth Beach, New Jersey. As a fee-only/commission-free/flat-fee financial planner, I do not sell products or collect commissions. I am a fiduciary financial planner that specializes in tax-focused planning as a CERTIFIED PUBLIC ACCOUNTANT (CPA), and CERTIFIED FINANCIAL PLANNER™ CFP® professional. I serve clients in New Jersey and remotely throughout the U.S.A.