Financial Advisor Salem and the North Shore

Financial Advisor Tim Hayes Boston & Dartmouth, MA | An Independent Consultant

I have been a professional financial advisor for 25+ years. I specialize in building custom portfolios for people who are saving their money for retirement or are already retired.

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

Dislike of financial loss is the reason why I give all of my new clients a risk tolerance questionnaire to complete. For I do not want to build them a portfolio that is 80% stocks, which might lose 30% in a bad year when the client’s risk score indicates they would sell everything if it dropped even 5%.

Disdain for loss can also hinder a client from wanting a portfolio at all, for fear it might not grow fast enough to reach their fiscal goals. As their financial advisor, I need to alert my clients to possible pratfalls and provide them with solutions: save more, take more risk, or spend less, depending on each client’s individual situation.

Read more: FinaMetrica Risk Tolerance Questionnaire and Profiling

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

Towns and Cities of the North Shore

Salisbury, Newburyport, Newbury, Rowley, Ipswich, Essex, Rockport, Gloucester, Manchester by the Sea, Beverly, Danvers

I am from Beverly went to Beverly High School spent my high school and college summers working in Marblehead at the Landing Restaurant and the Corinthian Yacht Club.

The Solution(s) You Are Interested In:

Investment Advisor

Financial Planning

Retirement Planning


Additional Services:

Asset Management

Life Insurance Needs Analysis

Retirement Income


Saving for Retirement

Portfolio Analysis

403b Plan


Free Consultation at Your:



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July 2019

About Financial Advisor Tim Hayes

Independent Financial Advisor

I am registered with Cambridge Investment Research, Inc., a broker-dealer with over 3,000 Registered Representatives nationwide. Investment Adviser Representative at Cambridge Investment Research Advisors, Inc., a $94B RIA based in Fairfield, IA. I've held an industry securities registration for 26 years and am subject to SEC and FINRA oversight.

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