State Farm and Edward Jones React to the Fiduciary Rule

By Mack Bekeza With April 10th, 2017 quickly approaching, a large number of investment firms and insurance agencies are scrambling to comply with the DOL fiduciary regulation. However, some firms believe they have found a solution to the upcoming rule. Knowing that their representatives cannot put their clients’ interest first, State Farm and Edward Jones […]

Retirement Savings… Are You on Track?

By Mack Bekeza Retirement savings… that thing you are supposed to live off of when you no longer want to work. Although people seem to talk about it frequently, most people do not realize how important it is to actually save for retirement. In fact, there are numerous statistics that show how little people save […]

Fund Families sued by their own employees over their retirement plans??

By Mack Bekeza Over the past two years, a number of investment firms have been sued by their employees over their 401(k) plans. That’s right! Investment firms have been sued over their own in-house retirement plans! Why? In most cases, these firms would only provide proprietary funds to their employees at a full or slightly […]

Active Versus Passive Investment Strategy…Which is Best?

By Mack Bekeza Investors have been debating if it is better to have an active investment strategy or a passive one. On one side, investors claim that being active will allow them to capture the best investment opportunities and optimally manage risk. On the other side, investors claim that going passive will help them secure […]

Rouge Broker Steals $1.3 Million From an 89-Year old!

By Mack Bekeza On July 2016, FINRA discovered that Travis Wetzel, a former broker who was originally barred from the industry in 2013, had been making fraudulent annuity withdrawal requests for an 89-year old’s Variable Annuity with Prudential. Once Prudential got wind of this, it immediately investigated the situation and discovered that the withdrawals were […]

How to Get the Most Out of Index Funds

By Mack Bekeza Although index funds can be an excellent choice for retirement investing, many people do not have a complete understanding of how they work. Before we get into the main topic, let’s get some facts straight about what these funds have done historically. Over the long term, have index funds outperformed the large […]

The People’s Best Interest…The Battle Continues

By Mack Bekeza The official ruling for “fiduciaries,” meaning people who are legally bound in the best interest of retirement investors, will not take effect until April of 2017. However, the Department of Labor (“The DOL”) has been bombarded by lawsuits. This brings us to the recent filing from the National Association for Fixed Annuities (“NAFA”) in […]

How to use Credit Cards the right way!

By Mack Bekeza Credit Cards, just a piece of plastic that spirals people into debt right? Well… not always. In fact, many people who use credit cards tend to actually save money on certain items. That’s right! People can actually save money by utilizing a credit card! But how? Although there are plenty of ways […]