Why hire a fee-only financial advisor?
If you are looking for a financial advisor, you may have heard the term “fee only financial advisor” and wondered what it means. A fee only financial advisor is an advisor who is compensated solely by the fees they charge to clients for their services. They do not receive commissions from selling financial products, which […]
Fee-Only Advisor vs Fee-Based Advisor? What’s the difference?
As if the financial industry weren’t complicated enough, there are fee-only investment advisors and fee-based advisors — and a Registered Investment Advisor firm can be either. As the wording implies, fee-only investment advisors like Rockbridge receive NO commissions or any other forms of compensation from ANY outside sources. At the other end of the spectrum, commissioned brokers receive most or all of their […]
How Accurate Are Market Predictions?
If you ask 100 different financial “experts” about future stock market performance, you’ll get 100 different opinions. Most will be wrong, but some, by sheer luck, will be correct (luck is often confused for skill). Investors often rely on expert opinions on what to do with their investments, especially in volatile markets like we are […]
Where is the value?
It’s no secret that since the Financial Crisis value stocks have underperformed growth stocks. Many theories exist as to why this has happened, none of which can be confirmed as truth. This begs the question “what does this last decade of value underperformance mean?” The answer, truthfully, is that it means nothing. For starters, value […]
How to prepare for a market correction
It’s simple. Don’t. A common question we receive is “how do I prepare for the inevitable stock correction?” There are two answers to this question: the one you want to hear (which is wrong), and the one you don’t want to hear (which is right). Mainstream media wants you to believe that you can outsmart […]
Investment committee thoughts from friday 4/20/18
Introduction People from all across the world look forward to Friday. Friday marks the end of a (usually long) work week and the start of what is supposed to be a relaxing weekend. At Rockbridge, we look forward to Friday’s, particularly Friday mornings, for a different reason. Friday mornings have become a tradition, some say […]
A Simple Guide to Life Insurance
Life insurance is often sold as a “one size fits all” product; it will serve as protection and as an investment account that will grow at an impressive interest rate. When you take the time to unwind these products, you will often find that the old saying holds true: “If it seems too good to […]
What’s Happening At Rockbridge
2015 was an exciting year of growth and change at Rockbridge. Market returns were less than ideal for the year, but we continue to see growth in our fee-only business model as prospective clients seek out unbiased advice and professional investment management. We are the leading fee-only investment management firm in Central New York, managing […]
A Simple Guide to Medicare: Supplement vs. Advantage Plan
Most Americans are overwhelmed with the array of options when searching for health insurance coverage in addition to Medicare Part A and B. Before answering a common question people ask regarding Medicare, it probably makes sense to explain the different components: Medicare Part A: If you paid Medicare taxes while employed (most people do), there […]
