A common story we hear from potential clients is that they have had an unpleasant financial experience recently or at some point in the past. One rampant story involves said client speaking with someone who they thought was a full-service financial advisor and was going to help provide them financial guidance or specific advice/management pertaining to their investable assets. Instead, they spoke with an insurance agent applying pressure to buy a permanent life insurance policy with a cash value component. Not exactly what the client was asking for, and probably not what they needed either. Does that necessarily matter to the agent who is going to be paid a rather substantial commission for their sale of the product?
How LBW See’s It
The third quarter of 2016 has come and gone faster than the Wisconsin summer (and that’s saying something). However, the beginning of the fourth quarter seems only to be heating up as we approach the election of a new U.S. president. Why write about the election? We will admit none of us at LBW are political geniuses nor wish to discuss our political views, but a new President (regardless of whom is elected) means uncertainty and uncertainty raises questions. The one we have been asked most is “What is going to happen to the markets if Trump or Clinton are elected?”. That is the million-dollar question, and we will try our best to provide our point of view as it relates to the stock market.
Copyright © 2018 Leach, Bickmore & Weiss Wealth Management, LLC. All rights reserved.