Services for Retiring Individuals & Couples
Tim Hayes AIF®, CRPS®, AWMA®, CFS®, APMA®, CAS®, CES™, CTS™
You have retirement accounts in a few different places, and so does your spouse. Now that you are retired or thinking of retiring, you are closer to using the money. But you haven’t changed the allocation or risk level of any of those accounts. Moreover, you haven’t met with a financial advisor to discuss your retirement goals or accounts.
How Tim will help you transition into retirement?
- Measure how well your investments match up with your risk tolerance and goals and income needs.
- Design a strategy for minimizing your tax burden.
- Recommend investments based on an explicit balance of growth vs. security.
- Figure out whether you should keep your 401k or 403b with your previous employer or roll it into an IRA, where Tim will build you a new portfolio.
- Build that portfolio using your risk tolerance to create enough retirement income, but so that you will not outlive your money.
- Look over any pension options you may be eligible for and review any Social Security and Medicare questions you may have.
- Examine any group life policies you may want to convert to an individual policy.
Please be sure to speak to your advisor to consider the differences between your company retirement account and investment in an IRA. These factors include, but are not limited to, changes to the availability of funds, withdrawals, fund expenses, fees, and IRA-required minimum distribution.
Whom Am I Affiliated With?
I am an Investment Adviser Representative at Cambridge Investment Research Advisors, Inc., a $44B RIA based in Fairfield, IA. I am also registered with Cambridge Investment Research, Inc., an independent broker-dealer with over 3,000 registered representatives nationwide.
I’ve held an industry securities registration for 30+ years and am subject to SEC and FINRA oversight.
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.
Where Are Client's Accounts Held?
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).