Client’s First Visit
Every new client spends his or her first meeting with Ryan in a 45-minute “get acquainted” session that’s relaxed, conversational and substantive. It’s the best way to begin a good working relationship.
Discussing Compensation with Your Financial Advisor
Full transparency is the only way to build trust. That’s why it is important to understand how your financial planner gets paid; commission or fee-based? The difference is important.
Quantitative vs. Qualitative
Ryan cautions against assessing financial planners solely on their quantitative claims. There is much more to successful, long-term relationships than rates of return and stock performance.
How is PCA Compensated?
It may be a rarity in the financial planning industry, but Ryan lifts the curtain on how his company gets compensated; something you should ask any financial planner to do.
Do I Need a Financial Advisor?
Don’t let uncertainty, fear or apprehension prevent you from taking one small but very important step: Making contact and having an initial conversation about financial planning.
The Making of an Entrepreneur
The spirit of an entrepreneur manifests itself early in life for some. Ryan honed his love of business as a 9 year old who understood his siblings’ love for candy.
One of Ryan’s most enjoyable interactions is during his monthly Ladies’ Luncheon events–an informal, low-stress but highly informative gathering for women only.
The Client Experience
In his 25 years in the industry, Ryan has heard one thing more than any other from new clients: “I don’t hear from my advisor enough.” PCA’s high-touch approach is very different.
Retirement Cash Flow
At PCA we want to look at the various cash flow dynamics — how much income is coming in and how much is going out — that are unique to your situation and retirement.
Investment Philosophy of Ryan Poterack
Our investment philosophy is aligning with clients on what we are trying to achieve. Because money is just ink on paper until you exchange it for something you personally value.
Our monthly workshops differ from other firms’ in a number of ways: They are friendly, lively, thought-provoking and open only to clients and subscribers to our newsletter.
Understanding Life Insurance
Term insurance, permanent or both? The questions about life insurance — and the strategies for making them work for you — go much deeper than that.
Understanding Long-Term Care Insurance
Not needing long-term care insurance is about the only time you can purchase it. Ryan touches on when and why this instrument needs to factor into your financial thinking.
Life Insurance as an Investment
It might surprise you that the people who least need life insurance are often the ones who invest in it; Ryan explains the ideas behind life insurance as investment strategy.
Understanding 401K Plans
One of the most popular savings vehicles is also one that demands a good deal of attention as you near retirement; uninformed decisions could have significant tax consequences.
The label “annuities” can mean many things. Ryan breaks down the three fundamental types — income, variable and fixed.
Understanding Certificates of Deposit
Most of us are familiar with the popular product offered at most every bank. But what’s the trade-off for its seemingly risk-free return?
How Much Life Insurance Do You Need?
This is a very personal decision; know which questions to ask about your family, your obligations and more as you decide how to insure your life.
Understanding Individual Bonds
Investing in a corporation through bonds can offer appealing rates of return; but be sure to weigh the risk of that attractive interest rate.
Never lose sight of the fact you become a part owner when you buy a stock. You share in the company’s successes, and you suffer through their failures.
What is an IRA?
Traditional IRA or Roth IRA? Neither is necessarily better than the other, but understanding the benefits and limitations of each is essential for any investor.
What is Long Term Care Insurance and Why Do I Need It?
An uncomfortable topic for some but a vital consideration when planning for retirement: What do you do if you suffer a debilitating health issue?
How to Invest in Mutual Funds
Perhaps the most widely held investment vehicle, mutual funds give you the opportunity to have tremendous investment diversity with relatively little money.
How to Invest in Real Estate Investment Trusts
Real Estate Investment Trusts, a very popular investment ahead of the 2008 downturn, can be an attractive investment for some individuals who see them similarly to mutual funds.
What are Exchange Traded Funds?
Exchange Traded Funds are similar to mutual funds but the subtle differences include some potential tax advantages. It pays to explore this quite popular investment option.
Risk & Asset Management
Some people are naturally risk averse, some are more open to it. Ryan asks his clients to examine their reasons for assuming more risk before taking it on.
Three Phases of Your Financial Life
Have you thought about the continuum of your financial life? Ryan has, and he calls the three stages accumulation, distribution and conservation.
Of the literally thousands upon thousands of investment choices, from the extremely low risk to the extremely high, there’s a blend that fits your goals.
Retirement Planning for Real Life
Sometimes life has a way of disrupting the most carefully laid plans. Ryan talks philosophically about his approach to financial counsel and how he interacts with his clients.
Understanding Social Security
Everyone who worked in their lifetime is ostensibly eligible for Social Security benefits. But the most intelligent strategies for using those benefits differ from person to person.
Understanding the Insurance Industry
Do you know the difference between “captive insurance companies” and an “independent insurance broker”? It’s an important distinction to know when dealing with your advisor.
What is a Reverse Mortgage?
Reverse mortgages or carrying any kind of debt into retirement are tools that might help you enjoy your wealth while alive. But there are trade-offs you should weigh.
Financial Planning 101
Conventional wisdom is that in retirement you should not touch your principle savings and only spend the interest or dividends. But should that really be the fundamental approach?
All Debt is NOT Equal
Don’t make the mistake of viewing all debt with the same eye; some debt is more punitive than others and identifying that can be essential to protecting your wealth.