We’re excited to announce that Vintage has won another big national award. Frank Moore and Jack McCloskey were in Chicago to receive the award at the Investment News Top Advisory Firm Summit last month. Vintage was one of seventeen firms in the country to be honored at the event and given the 2019 Best Practices… read more
Five Big Financial Setbacks
November 15, 2019
Posted in: Financial Planning, Investments
Vintage will be 35 years old in early January and over the years we’ve seen a lot of big blunders people make with their finances. Some are a single bad transaction while others are minor ongoing and often overlooked areas that can significantly impact your standard of living in retirement. Here are five setbacks you’ll… read more
Driving with the Rear View Mirror
October 15, 2019
Posted in: Investments, Retirement Planning
There’s the joke about the woman watching the news with a report about a man driving the wrong way down the freeway. She knows her husband is in that area so she calls him on his cell phone to alert him and he says, “It’s not just one guy, they’re all driving the wrong way!”… read more
Don’t Be Martha
September 16, 2019
Posted in: Fee Only, Financial Planning
At Vintage we aren’t licensed life insurance agents but we still sometimes get e-mails targeted to the commission based agents. This one pitches the fat commissions available for taking advantage of poor Martha, a 66-year-old woman with an extra $90,000 in the bank. It suggests that the agent can pitch Martha on turning her $90,000… read more
Free, Great Advice for Young People
August 14, 2019
Posted in: Financial Planning, Investments, Retirement Planning
Young people just getting started with a career typically have a hard time finding some good financial advice. They don’t have enough money to justify spending thousands of dollars working with a good financial planner, but they do need a roadmap to get their finances off to a good start. At Vintage, we’re happy to… read more
Vintage One of Just Five
July 16, 2019
Posted in: In the News, Vintage News
Vintage was again named to the Financial Time’s FT 300 list, a national ranking of the country’s top Registered Investment Advisory firms. The average firm this year managed over $4 billion for their clients. This year only five firms from Michigan were named to the prestigious ranking. See the article and list at Financial Times…. read more
Are You a Michigan One Percenter?
Posted in: Taxes, Vintage News
So how rich are you compared to others? There are different ways to look at this and different sources of financial information that are collected. You can have a high income but no money in the bank or can have a low income and a large investment portfolio. Even if we just focus on income… read more
Wall Street Wins, Investors Lose
June 17, 2019
Posted in: Fee Only, Financial Planning
Earlier this month the SEC approved new, long awaited regulations on investment advisors and brokers and how they work with their clients. While there has been a major push by investors and many investment advisors for a fiduciary standard for all advisors, the new SEC rules further confuse the differences between salespersons and fiduciary advisors…. read more
Beneficiary Mistakes to Avoid
May 13, 2019
Posted in: Estate Planning, Financial Planning
Taking time to review your account beneficiaries can do more than just make sure your wishes are met, it can also save your loved ones a significant amount of hassle or surprise when you pass. While all these decisions should be discussed with an estate planning attorney, here are some common issues we’ve helped our… read more
Upcoming Tax Changes
April 15, 2019
Posted in: Financial Planning, Taxes
Today is the deadline to file and pay your 2018 income taxes, but it’s not too early to start looking at 2019 tax planning and potential changes for 2020 and beyond. Both Congress and the IRS have changes in mind. The House Ways and Means Committee recently passed the SECURE act that would make a… read more