In the late 1990s, my family came into a large, unexpected monetary windfall. Lacking personal experience with money management, we hired an advisor recommended to us by an old and trusted friend. This advisor was a vice president at his firm. He wore expensive shoes, had a beautiful office, and charged a whopping 2% of assets under management. We thought our money was in good hands, and turned our attention away from our money and toward our young family.
Shortly thereafter, the dot com bubble burst. To my horror, I learned that our windfall had been invested entirely in US stocks, with a large percentage in the tech sector. We owned no bonds, no real estate, and no foreign stocks. Our portfolio was extremely risky, and not properly diversified. As a result, we lost 85% of our windfall, in addition to the beautiful home we had just purchased.
As this calamity unfolded, I began to educate myself and came to the realization that I could do better. I took over management of what was left of our personal money, and later other family member’s money. Eventually, I attained my Series 7 and Series 66 securities licenses and started managing money professionally.
In 2009-2010, I passed courses and exams to become a CERTIFIED FINANCIAL PLANNER™ (the CFP® credential) and a Chartered Financial Consultant (the ChFC® credential). Later, I added the American College’s Retirement Income Certified Professional credential (RICP®).
Presently, I work to help my clients create and maintain prosperity, peace of mind, and happiness. I am a fee-only planner, not a salesperson, and am in this business to help people manage their financial affairs wisely, with as little stress as possible.
I specialize in retirement planning and investment portfolio management, typically creating broadly diversified, low-cost, tax-efficient portfolios. For most of my clients, I use exchange-traded funds (ETFs) and no-load mutual funds, but for some – those who are interested in creating a long-term income stream – I may use individual dividend-paying stocks as well.
My credentials include:
- CFP® (CERTIFIED FINANCIAL PLANNER™)
- ChFC® (Chartered Financial Consultant), The American College
- RICP® (Retirement Income Certified Professional), The American College
- Series 66 Securities License
- Member of the Financial Planning Association (FPA)
- Masters Degree in Computer Science, University of Wisconsin, Madison WI
- Bachelors Degree in Philosophy, University of Virginia, Charlottesville VA
Aside from work, I enjoy yoga, hiking, and a good book.
If there’s anything I can help you with, please get in touch – I’d love to hear from you.