508-277-5847 [email protected]

Financial Advisor Southborough Tim Hayes AIF®, CRPS®, AWMA®, CFS®, APMA®, CAS®

Experience and Knowledge You Can Trust

Wealth Management, Financial Planning, Retirement Planning

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.

I ask my new clients to complete a risk tolerance questionnaire because I dislike financial loss. 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%.

The Importance of Understanding Your Risk Tolerance

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.

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.

Investing In an Overpriced Stock Market

A top independent broker-dealer

Cambridge Investment Research is an independent broker-dealer for financial professionals dedicated to offering objective investment advice to clients. Investment advisory services are offered through Cambridge Investment Research Advisors, Inc., a federally registered investment advisor.

Cambridge Investment Research

Cambridge is fully devoted to four core values: integrity, commitment, flexibility, and kindness.

Financial Advisor Southborough

Not sure which retirement plan is best for you?

I build and manage retirement accounts for individuals with IRAs, Massachusetts public-school teachers with 403(b) accounts, and self-employed business owners for whom I design and manage SIMPLE, Solo 401(k) plans, and SEP Plans.

I also help employers to improve their 401(k) plans.

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