Financial Advisor Salem & Beverly
What Are the Risks of Your Investment Decisions?
I work with individuals to build or update their personalized investment portfolios based on their goals and risks and then review their portfolios at least once a year.
I advise on any possible rollovers from employer retirement plans and help design strategies for income planning during retirement.
I can also advise on your life and disability insurance needs.
I implement, manage, and service the retirement plans of companies and not-for-profits per the rules and regulations of ERISA and the Department of Labor (DOL). I also can install and manage group life and disability plans.
I advise executives and business owners on their nonqualified deferred compensation plans, stock options, and company stock (net unrealized appreciation, NUA).
Most client investment accounts are held at Pershing LLC and Fidelity Investments, Pershing, which is a wholly-owned subsidiary of the Bank of New York Mellon Corporation (BNY Mellon).
Whom Am I Affiliated With?
I am an Investment Adviser Representative at Cambridge Investment Research Advisors, Inc., a $44B RIA based in Fairfield, IA. Also registered with Cambridge Investment Research, Inc., a broker-dealer with over 3,000 registered representatives nationwide.
How Much Do You Charge?
Most clients pay fee-only or an hourly rate. The size and complexity of the client’s wealth management and financial and retirement planning determine that fee.
Some clients pay a commission, mainly those with smaller accounts, i.e., Roth IRAs, some public-school teachers with 403b retirement accounts or parents or grandparents setting up a 529 college savings plan.
My Roots in Salem
I grew up in Beverly, lived in Salem when I finished college and spent my summers bartending at the Corinthian Yacht Club in Marblehead while going to college.
Social Media Follow
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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 (Manchester-by-the-Sea, Marblehead, Swampscott, Beverly, Boxford, Martha’s Vineyard or Rhode Island Providence and Newport.)