Articles

Jeremy Sorci

Jeremy Sorci is a AFIM™ and a senior financial advisor at Premier Financial Group. Jeremy works with individuals, trustees, beneficiaries, families and businesses and has experience with charitable organizations, IRAs, 401(k)s, 403(b)s, and a variety of types of trusts.
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Recent Posts

Portfolio Managers Say Diversification is Key

By Jeremy Sorci | October 30, 2018

What's the best way to invest your hard-earned capital? It's investors' age-old question — and why so many turn to trusted wealth advisors for help.

Because while the process of building an investment portfolio may seem, in itself, simple, creating an effective portfolio involves realistic goal setting, a long-term time horizon that stretches across a few decades, a modicum of self-discipline and, significantly, risk awareness. Combined, these factors create the recipe for a diversified portfolio that's tailored to meet your specific financial needs. 

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Strategic Financial Planning and Socially Conscious Investing

By Jeremy Sorci | October 18, 2018

You’ve heard the expression, “Don’t judge a book by its cover.” This saying proves true in so many areas of life, but you probably don’t think of it in terms of socially conscious funds. This article explains why you should.

Wealth Planning and the Socially Responsible Debate

If I were to ask 20 people to define socially responsible investing, I’d likely get 20 different, but similar, answers. Ironically, if I were to research 20 different socially responsible mutual funds, I’d likely see 20

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Family Wealth Advisors Share 8 Tax Mistakes to Avoid

By Jeremy Sorci | October 12, 2018

Taxes may not be pleasant, but they are—as they say—inevitable. Still, that's no reason to pay more than you need to. 


Unfortunately, many Americans who prepare their own taxes do just that, to the tune of an average $400 overpayment! A 2014 study by H&R Block found that inaccuracies on do-it-yourself tax returns added up to a total of more than $1 billion in overpayments per year, affecting about 20 percent of those who file their own returns. Read on as our family wealth advisors share 8 common mistakes made at tax time — so you can avoid them.

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Finding A Great Financial Advisor - Part 2: Costs and Fees

By Jeremy Sorci | August 13, 2018

Have you ever wondered how much difference there really is between one financial advisor and another?  On one level they all do the same thing - they invest people’s money.  However, like every other profession, each financial advisor has their own area of expertise, skill set, experience, training, and educational background. 

And just like when seeking professional services in any other industry, it's important to choose a financial advisor that best meets your unique needs. Since a financial advisor you choose can dramatically impact

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The Advantage of Wealth Advisors: Are the Fees Worth it?

By Jeremy Sorci | July 26, 2018

If you've ever wondered if the costs associated with working with a wealth advisor are worth it, you're not alone. In fact, an article at the Motley Fool described the cost of using a financial advisor as "brutal," referring to a hypothetical 1 percent of assets annual fee reducing net returns, as well as the longer-term impact of fees that aren't reinvested. 

While the article may have come across as a bit hyperbolic, it wasn't all negative... and it did bring up a valid point: Investors should always evaluate the services they receive from their investment professional to determine if the services are worth it.

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The Rational Investor: What's the Cost of High Portfolio Turnover?

By Jeremy Sorci | July 14, 2018

Recently, a new client asked one of our advisors how high portfolio turnover would effect their portfolio. This timely question makes sense; after all, we often warn our clients and other investors about the disadvantages and high costs of wealth management strategies based on active management. 

Our answer? High portfolio turnover is the source of most of the extra costs associated with active management – costs that are completely unnecessary and avoidable with more efficient investment guidance. Read on to find out why.

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3 Reasons Why You May Need To Drop Your Financial Advisor

By Jeremy Sorci | July 08, 2018

If you have the suspicion that your investment professional may not be the best fit for your needs, you could be right -- and you're not alone.

We often hear tales of less-than-stellar performance and unmet expectations from new clients who've just "broken up" with their last financial planner or are considering a change. 

While every situation is, of course, unique, there are a few red flags that you really shouldn't ignore. Here are a few warning signs that it may be time to say goodbye to your current financial planner.

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Investment Management Firms Share 6 Investment Costs

By Jeremy Sorci | May 03, 2018

You already know that investment professionals don't work for free — nor should they have to. But investment costs and fees reduce your returns, and if you're not working with a fee only wealth advisor you could be paying more than you should. 

Do you understand all the expenses associated with your investments? Read on to discover what our family wealth advisors have to say about the six investment costs you should understand in order to reduce your expenses and maximize your returns.

 

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The Benefits and Potential Pitfalls of Paying for Wealth Management

By Jeremy Sorci | April 21, 2018

Ever wonder about the pros and cons of paying for wealth management services? Many investors do; in fact, we're asked about them all the time.

Obviously, we’re all for it – but with a few caveats, of course. Those wealth management fees are only worth it if you’re receiving efficient, effective advice. Expense ratios for the average actively managed mutual fund range from 1.3 to 1.5% per year.  

In contrast, the average index fund and structured asset class portfolio hovers

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Target-Date Funds: Wealth Advisors Weigh In

By Jeremy Sorci | February 08, 2018

Is your target-date fund missing the mark? Our wealth advisors often answer questions about this investment vehicle.

It's easy to see why so many investors have questions about target-date funds. After all, they're easy, in a set-it-and-forget-it kind of way. But for many investors, that's not always optimal — which is why you may wish to consider a more hands-on approach that still helps you achieve your long-term financial goals. 

Here's what you need to know about making target-date funds work for you. 

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