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

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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401k Advisors: How Much Company Stock is Too Much?

By Jeremy Sorci | February 02, 2018

Are you holding your employer's stock in your 401k retirement plan? If your retirement account contains your company stock, you're not alone: about 46 percent of eligible employees hold their employers' stock, and one in five large companies invests employees' retirement money in its own stock, says Bloomberg

Including your employer's stock in your 401k plan might not seem like such a big deal — especially if almost half of eligible employees are doing it — but the potential inherent risks have lead some wealth

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Retirement Plan Advisors Share Ways to Retire Early

By Jeremy Sorci | January 27, 2018

Ever dream of leaving the rat race, retiring early, and spending your days doing what you want to do? If so, you're not alone; a 2016 report from HSBC found that 65 percent of 45-year-olds would like to retire within the next five years in order to travel, pursue their interests or spend time with their families.

However, the number of people that can actually retire early isn't quite as high. Only 38 percent of the surveyed population said they were in a position to retire by age 50.  And the number one thing keeping them from retiring? Not surprisingly, their

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The Rational Investor: Should I Invest in Index Funds?

By Jeremy Sorci | December 22, 2017

When you're saving for retirement, how do index funds factor into your financial strategies?  Our retirement investment advisors often field questions about index funds and how they work with long-term strategic wealth management. 

While index funds may not be the most glamorous type of investment, we believe they're an essential component in your comprehensive financial plan. Here's why. 

Index Funds vs Active Management: Investment Guidance

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Investment Planning: Why the Middle Isn't a Bad Place to Be

By Jeremy Sorci | November 10, 2017

When it comes to investment planning, you're encouraged to think big, to aim for the top. It's just like running a race, playing a game, or entering into a competition: Your goal should be to win... right?

It may be human nature to seek to obtain that number one position, but for investors, the concept of winning should take on a new meaning. Instead of focusing on sprinting to the finish line, a slow and steady approach may be the more rational choice.

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Family Financial Planning: What Does Your College Student Need to Know?

By Jeremy Sorci | October 17, 2017

Go to college, get a good job, work hard and save for retirement. That's the standard advice heard in households across America, but many college-bound teens — and even many college students — don't really understand how much getting that degree really costs.

Then there's the fact that simply getting a degree doesn't guarantee success; rather, hard work, experience and determination are just as important as that college diploma. 

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