Financial Planning

Why Should You Hire An Independent Financial Advisor?

Why should you hire an independent financial advisor?

A question that you may have asked yourself is why you should hire an independent financial advisor? A common question that I hear from people who are not familiar with the difference between a financial advisor who is independent vs. those that are employees of brokerage firms is, “Aren’t you guys all the same anyway?” …

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Rule #1 For Your Financial Future: There is No “I” In “Team”

Rule #1 For your financial future: there is no “I” in “team”

Here is rule #1 for building your financial future. Whether you are a business owner, or an individual, you may rely on the advice and guidance of various financial professionals who may not be working together, as a team on your behalf.  In a perfect world the people who provide financial planning & retirement, investment management …

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Manage Your Important Financial Documents and Reduce Clutter

Manage your important financial documents and reduce clutter

A Cluttered Life Can Cost You In The Long Run: Manage Your Important Financial Documents It may surprise you to learn that many people have important financial documents strewn all over their homes – in desk drawers, underneath books, in various files cabinets and often not located in the correct file, in between books on …

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Higher student loan rates presents challenge for black community

Data from the U.S. Census Bureau shows how higher student loans rates presents a challenge for the Black Community. For example, according to the U.S. Census Bureau, 18 percent of African-Americans 35 years old and older had a bachelor’s degree or higher in 2010. Some 1.5 million African-Americans 25 years old and older had advanced …

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Avoid Making Retirement Planning Mistakes

Avoid making retirement planning mistakes

At all costs, major retirement planning mistakes can and should be avoided just like Caffeine. Caffeine? Yes, caffeine! Hang in there with me for a minute and you will understand what I’m talking about. When done properly, the process of retirement financial planning should greatly reduce the potential for costly mistakes during retirement. As a …

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Maryland Fee-Only Financial Advisor

Maryland fee-only financial advisor

As the President of an independent wealth management and investment advisory firm, I am honored that Investopedia has chosen to partner with Wealthcare Financial Group, Inc. to bring quality personal finance education to their millions of readers throughout the United States and abroad. Schedule an appointment with Wealthcare Financial Group, Inc. to discuss the following: …

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Financial Literacy: Key to Creating and Sustaining Wealth for African Americans

Financial literacy: key to creating and sustaining wealth for african americans

Why Financial Literacy? A major differentiating factor between those who understand how to make money work for them has everything to do with financial literacy, which is also why I believe that it is the key to creating and sustaining wealth for African Americans. According to the 2009 Consumer Financial Literacy Survey, “54 percent of …

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