Who Wins ‘Passive vs. Active’ Institutional Debate? Pt. 1: U.S. Large Cap Blend

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Advisors and investors alike hear all the time in various articles, speeches and interviews that passive investment funds (indexes) always outperform active investment funds (non-indexes). In my view, however, I’ve found that most articles written on the subject rarely provide precise “apples to apples” comparisons, much less an all-institutional dialogue about true data. Therefore, through a series of articles, my …

The Real Value of an Advisor: ‘Risk’ and ‘Managing’

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Check out Andy’s post from ThinkAdvisor regarding the “VALUE” of an Advisor… Find out what “the silver bullet”, “Vegas”, “winning big” and “having your cake and eating it too” might have to do with the actual VALUE of an advisor… Andy RiceAndy graduated from the University of Alabama-Birmingham with a B.S. degree in Accounting. He is a Registered Investment Advisor …

Help Your Clients Avoid Paying Taxes They Don’t Really Owe

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While the federal government probably doesn’t collect all lawfully owed tax dollars due to its own inability to fully validate every taxpayer’s claimed write-offs, it also collects a lot of tax revenue to which it’s legally/factually not entitled. I know what you’re thinking; how does the IRS actually collect and retain tax revenue that isn’t actually owed? The answer is …

Andy Quoted in Investment News Article

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Andy was quoted in the Investment News Article “Advisors on Stock Selloff: Keep Calm, Keep Diversified”    https://www.moneymanagementservice.com/wp-content/uploads/2014/10/2014-10-15-Andy-Quoted-in-InvestmentNews.pdf” AudreaAudrea attended the University of Alabama in Tuscaloosa, where she majored in one of the first approved financial planning programs taught at the University level. In 1998 Audrea graduated from The University of Alabama in Tuscaloosa with a Bachelor of Science degree …

The Four Traits of “The Perfect Advisor”

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All investors are looking for the “Perfect Advisor”, but for some reason, many never find them.  And It’s no wonder, if even some of what I’ve heard investors want in their “perfect advisor” is true!  Allow me to elaborate. To these investors, the perfect advisor is: 1)  Smart: They expect their perfect advisor to be highly educated, have years of …

Are You a Crummey Advisor or Just a Crummy Advisor?

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Crummy is defined as dirty, run-down, tacky, worthless or just plain lousy.  On the other hand, if you’re a “Crummey” advisor, that’s a good thing – especially if you’re making “Crummey” recommendations to your high-net-worth (HNW) clients.  Let me explain what I mean about making “Crummey” recommendations. A “Crummey Trust” is used when a parent wants to make lifetime gifts …

2 Tax-Efficient Savings Strategies for Right Now: Tax Season Lesson, Pt. 2

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Because every client’s needs are unique, a canned approach to tax-efficient savings of Roth IRAs, traditional IRAs, 401(k), 403(b), NQ annuities, NQ accounts, etc., is not necessarily the most flexible or tax efficient option for every client. As advisors, we know that the words “tax-free” don’t always mean there’s no tax ever paid, just like the term “pre-tax” doesn’t mean …

Why I Don’t Like Roth IRAs: Tax Season Lesson, Part 1

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Tax planning for clients during tax season always generates new strategies and ideas, as unique situations tend to get my analytical wheels turning. From a risk/reward wealth management perspective, I like to look at tax planning with the actual cost to the client in mind, including what is the best cash flow option, because the most tax efficient savings strategy …

Money Management Services named as one of the 2013 “TOP RIAs” by InvestmentNews

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We are proud to announce that we were named in the December 2013 issue of InvestmentNews magazine as one of the Top RIA’s – Largest Fee-Only Registered Investment Advisory Firms in the U.S.  We are so thankful and truly honored that our clients allow our family to serve and guide them with taking care of their family’s. *InvestmentNews qualified firms …