Vintage is pleased to announce that we were named to the Financial Times 300 list of the country’s top RIA firms for 2017. We were one of just nine firms in Michigan to make the exclusive list. The average firm on the list manages $2.7 billion and about two thirds of the ranking formula is… read more
Tax Troubles with Annuities
June 13, 2017
Posted in: Estate Planning, Financial Planning, Investments, Retirement Planning, Taxes
If someone has tried to sell you an annuity, chances are one of the main benefits that they pushed was the tax deferral. What they didn’t mention is that you could pay at least ten times more in taxes with an annuity than with a taxable mutual fund. Let’s say that you’re 50 years old… read more
Eighth Wonder of the World
May 23, 2017
Posted in: Financial Planning, Retirement Planning
It’s graduation season and thousands of new college graduates will be starting their first “real world” jobs in the coming months. As they prepare to begin “adulting” they’ll face all kinds of demands on their new paychecks including security deposits, new furniture, a work wardrobe and maybe even their own cell phone plan. At the… read more
Fight Back on Health Care Costs
May 9, 2017
Posted in: Financial Planning
If you’ve been billed for medical costs in recent years, you might well have been outraged at the amounts charged and the lack of explanation about your bill. If you’re lucky, your health insurance provider negotiated a discount, but chances are your deductible and co-pay amounts have climbed in recent years so that you got… read more
The Rule That Would Help Investors—Won’t
April 10, 2017
Posted in: Fee Only, Financial Planning, Investments, Retirement Planning
The new Department of Labor rule to protect investors was supposed to go into effect today. It would require any financial advisor giving you advice or selling you products for your retirement accounts to put your interests first and act as a fiduciary. But it didn’t happen. The DoL has spent the past seven years… read more
Jim Burns Quoted in Financial Planning Magazine
March 20, 2017
Posted in: In the News
Jim Burns was quoted in Financial Planning magazine last week in an article titled, “Advisers Split on Morningstar’s New Mutual Funds.” One of Jim’s quotes was “We are focused on risk-, tax- and cost-adjusted returns to make sure we’re providing the best investment options we can.”
Can you afford not to have a good financial advisor?
March 15, 2017
Posted in: Financial Planning, Investments, Retirement Planning
Some people are hesitant to hire a financial advisor because they know the advisor will get paid and they aren’t sure what value they may receive. A couple of major investment firms have done studies to try to quantify the value of a financial advisor and the results may surprise you. Vanguard is a huge… read more
Frank Named a Top Advisor by Barron’s
March 12, 2017
Posted in: In the News
In the March 6, 2017 issue of Barron’s magazine, they published their annual list of America’s Top 1,200 Financial Advisors. The feature also ran in Barron’s sister publication, the Wall Street Journal. They break the rankings down by state and Michigan had 30 advisors including Vintage’s Chief Investment Officer and Founder, Frank Moore. The list includes… read more
Investor Protection Rule Gets Trumped
February 8, 2017
Posted in: Fee Only, Financial Planning, Investments, Retirement Planning, Vintage News
Less than two weeks after taking office, President Trump directed the Department of Labor to review implementation of a new rule to protect investors. The DoL’s fiduciary rule, first proposed in 2010, would require brokers, insurance agents, financial planners and others that give financial advice on retirement plans to put their client’s interests first. Wall… read more
Is Your Retirement Plan on Track?
January 9, 2017
Posted in: Financial Planning, Retirement Planning
The New Year is a great time to review your retirement plan, review your prior year progress, and determine any changes or goals for the upcoming year. Update Your Assumptions As you look ahead to the future, your retirement plan should reflect today’s low interest rates and relatively expensive stock prices. The ten-year US Treasury… read more