Collection Time

Collections of portfolios.  So many of us have them….from current and past employers and investment managers.  But more accounts are not better.

Consider consolidating and simplifying your financial life with fewer accounts (not fewer assets!). And remember - a collection of portfolios alone is not a plan for getting through 30+ years of retirement – please consider how valuable a plan might be for you.

One wrinkle in the past has been current employer retirement accounts - they can be a challenge since they sometimes can’t be rolled over while you are still working (depends on the employer and your age).

Of note, we’ve added a new system that enables us to manage 401(k), 403(b) and other similar accounts in place, where they are.  We can change client allocations to follow their investment plan they have developed with us.

In any case, think about simplifying things and planning your overall financial future.