Financial Advisor Concord & Carlisle

What Are the Risks of Your Investment Decisions?

I have been a professional financial advisor for thirty years. I specialize in building custom portfolios for retirees or people saving for retirement.

Psychologist Daniel Kahneman was awarded the 2002 Nobel Prize in economics for pointing out what some of us intuitively already knew: people dislike losing money more than they like making it.

Due to financial loss aversion, I ask my new clients to complete a risk tolerance questionnaire​. I do not intend to build them a portfolio that is 80% stocks, which might lose 30% in a bad year, when the client’s risk score indicates that they would sell everything if it dropped even 5%.

Financial Planning for Retirees

Don’t Know What Kind of Investment to Make?​

Disdain for loss can also hinder a client from wanting a portfolio, for fear that it might not grow fast enough to reach their financial goals. As their financial advisor, I need to alert my clients about possible pratfalls and provide them with personalized solutions: save more, take more risks, diversify more, or spend less.

Diversification and Investment Portfolio Design

I built portfolios for hundreds of public school employees when I set up their 403(b) accounts. Therefore, I was excited when the U.S. Department of Labor finalized rules in 2011, allowing financial advisors to provide investment advice for employees with 401(k) plans.

Retirement Planning

Whom Am I Affiliated With?

I am an Investment Adviser Representative at Cambridge Investment Research Advisors, Inc. (a $44B RIA based in Fairfield, IA) and a registered representative with Cambridge Investment Research, Inc. (a broker-dealer with over 3,000 registered representatives nationwide).

Cambridge Investment Research

Meet Tim

Tim Hayes

Tim Hayes

Financial Advisor

Contact Tim

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When the Seasons of Life Change, Your Financial Strategy Should Change, Too

More About Tim

I will provide expert and highly personalized financial planning, retirement planning, and wealth management from my Boston office, when you need an independent financial advisor in Massachusetts (Boston, Weston, Wayland, Sudbury, Lincoln, Lexington, Concord, or Carlisle.)

If you’re concerned about your financial future, let’s talk