3 Proven Reasons You Need a Roth IRA

This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA To be eligible for a Roth IRA you need to have earned income from wages or from self-employment.  Additionally higher income earners are not eligible.  Married couples filing a joint return with a modified adjusted gross income of less than … Read more

3 Things In Life You Only Want the Best Of

This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA

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1) Seat Belts – Pretty Obvious

 

 2) Parachutes – Any Questions?

 

 3) Financial Advice

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Control Your Destiny

  This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA When reviewing their investment portfolios, investors frequently focus on the wrong item—the rate of return. Where should you start? You should center your attention on the areas that are under your control. The Amount of Money Saved The amount of money … Read more

The Tale of Two Unrestricted Gifts

  This is tale of two unrestricted gifts made by donors when they passed away.   Robert Morin   Robert Morin worked as a librarian at the University of New Hampshire (“UNH”) for nearly 50 years. When he passed away he surprised the school by leaving his entire estate of $4 million to his alma … Read more

Raymond James Financial Reports Fiscal 3rd Quarter 2015 Results

* Record quarterly net revenues of $1.32 billion, up 9 percent over last year’s June Quarter and 3 percent over the preceding quarter.   * Second highest quarterly net income of $133.2 million, or $0.91 per diluted share.   * Quarter-end records for client asset under administration of $499.8 billion and financial assets under management … Read more

4 Reasons to Change Your Financial Advisor

Twenties Arrow1) You Are Having Communication Issues

Unfortunately communication issues can run the gamut. This could be something as simple as phone calls or e-mails are not being returned promptly. Or perhaps it’s either a lack of communication or just inconsistent communication. Either way, communication issues can certainly make your relationship with your financial advisor a challenge. Many smart advisors will promise to return all of their calls within 24 hours. This seems like a good policy and is also a clear measuring stick. We have simplified our approach and called it the “Sunset Rule.” Our goal is to return all of our clients’ calls by sunset, that day. No, unfortunately we’re not always successful doing it. Having this as our goal however and communicating it to our clients is important. It sets both ours and our clients expectations.  

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