Articles

Robo-Advisors vs Real-Life Wealth Advisors: How to Choose?

By Bruce Smith | May 01, 2019

At Premier Financial Group, we understand that investors have many choices when it comes to selecting the right financial advisor for their needs. In recent years, the choices available to investors have increased with the advent of the so-called robo-advisors. 

Just as the travel industry has changed -- thanks to the proliferation of do-it-yourself online booking sites -- and traditional bank teller duties have been taken over by automated tellers, the financial services industry is changing, as well. Robo-advisors, or investment firms that offer

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Should Speculating be Part of Your Strategic Financial Plan?

By Bruce Smith | April 18, 2019

To invest or speculate - that is the question.

Though the two terms may sound alike on the surface, they're actually two quite different things -- and, in our opinion, one should not be part of your strategic financial plan. 

Investing vs. Speculating: Viable Wealth Strategies?

The difference between speculation and strategic investing can be night and day.  The way Premier approaches portfolio management, investing is a long-term

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How Often Should I Meet With My Financial Advisor?

By Bruce Smith | March 21, 2019

Ever wonder exactly how often you should be meeting with your financial advisor? If so, you're not alone; we're often asked if there's a standard time frame that investors should adhere to. 

Though we always recommend -- at minimum -- an annual performance review, a few other circumstances necessitate a sit down with your wealth advisor.

Estate Planning Strategies: Schedule a Meeting

Estate planning is an essential component

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Financial Literacy: Key to Successful Wealth Management

By Jeremy Sorci | January 23, 2019

We all get them... stacks of envelopes in the junk mail pile, all offering low-interest credit cards. Emails offering "amazing deals" and "once in a lifetime" chances to use a new credit card to pay off existing debt. This steady stream of offers of easy credit is having an impact.

According to the Center for Retirement Research at Boston College, Americans put an additional $52.4 billion dollars on their credit cards in 2015 alone, leading to an overall increase of $72 billion dollars of credit card debt. The numbers continue to rise. By the end of 2016, outstanding credit card debt reached a new high: over $1 trillion. It appears that our society's current trend away from cash and toward credit card purchases has taken hold. Today, online shopping reigns, making it ever easier to slide into overextended credit and debt. 

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Wealth Management Solutions for Widows: Part 1

By Francoise Crandell | December 17, 2018

Losing a spouse is hard enough... but when financial confidence is lost as well, feelings of worry and instability can seem overwhelming. 2016 research in the Journal of Financial Service Professionals indicates that working with a wealth advisor after the passing of a loved one significantly improves widows' sense of financial confidence and well-being. 

In this, part one of a two-part series, we'll explore the financial issues that affect the more-than 12 million widowed women in the U.S. We'll also share wealth management solutions that can help boost widows' financial confidence and discuss the benefits of strategic financial planning, both before and after losing a loved one. 

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Strategic Wealth Planning for Millennials: Save Early and Often

By Francoise Crandell | December 05, 2018

We often hear from millennials who know they're supposed to start planning for their financial futures and saving for retirement, but just aren't sure how to go about it. 

This is understandable; after all, when you're focusing on graduating from college, paying down student loans and landing that first job, saving for a retirement that's 40 years or more in the future may just be the last thing on one's mind. Plus, given the (slowly) recovering state of the economy, many relatively new college grads may not be in jobs that pay well enough to make it easy to put a hefty percentage of each paycheck into a retirement savings account each month. 

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The Quiet Killer of Active Wealth Management: Style Shift

By Teresa Conley | November 11, 2018

We are often asked about active versus passive wealth management approaches. One question that can be confusing is that of style drift.  What is it? How can it affect my financial planning?

It’s no secret that we’re not big fans of the active management approach, in which a financial advisor or fund manager buys and sells positions in an effort to generate extra returns.  We not only believe this is ineffective; there is also scant evidence to support the notion that trying to beat the market works any better than blind luck.

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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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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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Do Some Investment Professionals have Gambling Problems?

By Ron Ross | September 24, 2018

We often speak with clients who have the sneaking suspicion that their previous investment firm was essentially gambling with their money. The unfortunate truth is that many investment professionals might as well be called what they really are – sports bookies. 

Though these two lines of work may seem quite different on the outside, you might just be surprised at the similarities – and at how the “beat the market” strategy endorsed by so many investment professionals is simply gambling in disguise. Here's Part One of a two-part series on the similarities between

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