Oct 4

Foresight Wealth Management Makes The Inc. 5000 Fastest-Growing Company List

Foresight Wealth Management, L.L.C., invests “side-by-side” with its clients. So, when Foresight made the Inc. 5000 Fastest-Growing Private Companies list, Adam Nugent, founder of Foresight, gratefully acknowledged that it was because of the relationships they had built and the trust they had earned, which resulted in their organic growth through client and professional referrals. See recent Press Release on MarketersMedia

Dec 3

Systematic Withdrawals in Retirement

Many of us grew up with the concept that regular, periodic contributions to our retirement account was a sound investment strategy. The idea was that in a fluctuating market a regular schedule of a set investment amount, generally speaking, would mean that we bought more shares when prices were low and less shares when prices were high.¹ Does this mean that taking regular, periodic withdrawals during retirement makes similar good sense? Actually, it can be

Nov 26

Retirement Income and the Traditional Portfolio

Retirement Income and the Traditional Portfolio The challenge with taking withdrawals from a traditional portfolio is the sequence of returns danger. Experiencing negative returns early in retirement can potentially undermine the sustainability of your assets. So you may want to consider a couple of strategies to help mitigate this concern. The first is to have a pool of very liquid assets to fund two-to-three years of retirement spending; this may keep you from selling longer-term

Nov 19

Your Changing Definition of Risk in Retirement

During your accumulation years, you may have categorized your risk as conservative, moderate or aggressive and that guided how your portfolio was built. Maybe you concerned yourself with finding the best-performing funds, even though you knew past performance does not guarantee future results. What occurs with many retirees is a change in mindset it's less about finding the best-performing fund and more about consistent performance. It may be less about a risk continuum that stretches

Nov 12

Trends in Charitable Giving

Whether the economy is expanding or contracting, Americans tend to be consistent with charitable donations. In 2013, as the U.S. economy continued to stabilize, Americans gave an estimated $335.17 billion to charity. That's almost $19 billion more than the previous year.1 Americans give to charity for two main reasons: To support a cause or organization they care about, or to leave a legacy through their support. When giving to charitable organizations, some people elect to

Nov 5

Helpful Content

GET THE LATEST NEWS, INSIGHTFUL ARTICLES FROM THE INDUSTRIES TOP CONTRIBUTORS, HELPFUL CONTENT TO HELP YOU MANAGE YOUR FINANCIAL FUTURE, RESEARCH TOOLS, FINANCIAL CALCULATORS, AND SO MUCH MORE. ARTICLES Active And Passive Investing With Foresight Wealth Understanding Roth Accounts How Much to Contribute to a 401K Rebalancing Your Portfolio Over time, different investment performances can shift a portfolio's intent and risk profile. Rebalancing may be critical. 9 Facts About Social Security There are things about

Oct 29

Retirement Income and the Traditional Portfolio

The challenge with taking withdrawals from a traditional portfolio is the sequence of returns danger. Experiencing negative returns early in retirement can potentially undermine the sustainability of your assets. So you may want to consider a couple of strategies to help mitigate this concern. The first is to have a pool of very liquid assets to fund two-to-three years of retirement spending; this may keep you from selling longer-term assets at an inopportune time. Through

Oct 1

Featured on Financial-Planning.com on RIA’s

Adam from Foresight Wealth & Management is quoted as saying, When the market was falling apart in 2008 we had started to implement some of our tactical strategies in our client accounts. I had an aggressive investor who I was meeting with to review their account towards the end of the year. At the time, the market was down nearly 40% and I was there to report that we were down just over 10%. When

Sep 17

WSJ Talking About Family Finances

As families gather for a turkey dinner this Thanksgiving, some financial advisers, like those of Foresight Wealth want them to bring up a taboo topic: money. Too many families are reluctant to discuss important financial matters, such as the state of aging parents savings or their plan for leaving what's left to children and charities. According to a recent Merrill Lynch study, 70% of investors have never talked with mom and dad about their will,

Sep 10

PlanAdviser: When Financial Blows Make Clients Feel They Can’t Save

People may need to be taught that it is preferable to drop the amount they save than give up saving altogether, Chepenik says. Dropping the amount, from 10% to 2% or 3%, will make a difference. He counsels clients that one day things will improve. He suggests they try visualizing their lives a few years ahead, when economically things get back to a more normal state Click here to read the full

Sep 3

ThinkAdvisor: Smaller 401(k) Plans Beat Larger Ones: Study

Bigger isn't always better, especially when it comes to companies that provide 401(k) plans to their employees. A new survey by Judy Diamond Associates finds that smallest 401(k) plans outperform the largest plans when both investment returns and participant engagement are factored in. One thing sets them apart: education. Click here to read the full

Aug 27

RIABiz: Warranties and guarantees come to the 401(k) game but can insurance really put the client first?

It used to be about as popular as earthquake insurance in Napa County. But as legal shake-ups rattle more plan sponsor windows, warranties and fiduciary insurance policies in the 401(k) arena are making a comeback despite the long memories of some prominent skeptics who recall how rotten such policies were the first time around.. Yes, insurance on 401(k) plans has long been seen as yet another layer of fees, obfuscation and dubious value in a

Aug 20

How Much to Contribute to a 401K

A common question many Foresight advisors are asked, is How much should I contribute to a 401K People know contributing to a 401K is important, but they are not sure how much they need to contribute. When deciding what your contribution should be, there are a number of factors to consider: 1-Start Contributing As Soon As You Start Working  As soon as you start working, you should be contributing to a retirement fund. If you

Aug 13

Understanding Roth Accounts

Chances are you'd like to retire at some point in your life. To do this, it's best to have different financial investments available to you. While stocks, mutual funds, gold and other investments are available to you, you might also want to consider opening up a Roth account as well. A Roth IRA is a specific retirement account that allows you to grow your money, all tax free. This is because the money you place

Aug 6

Active And Passive Investing With Foresight Wealth

Regardless which investing strategy that you employ, people simply want to make money when they are risking their hard earned cash. The two different types of strategies investors face are the active and the passive money management investments. These are both complete opposite techniques when it comes to investing, and each has its share of supporters promoting the benefits of using that technique to invest. In simple terms, the active investing strategy is where you

Jul 30

Rebalancing Your Portfolio

Everyone loves a winner. If an investment is successful, most people naturally want to stick with it. But is that the best approach? It may sound counter intuitive, but it may be possible to have too much of a good thing. Over time, the performance of different investments can shift a portfolio's intent and its risk profile. It's a phenomenon sometimes referred to as risk creep, and it happens when a portfolio has its risk