Details Are Part of Our Difference
David Booth on How to Choose an Advisor
20 Years. 20 Lessons. Still Taking the Long View.
Making the Short List: Citywire Highlights Our Research-Driven Approach
The Tax Law Changed. Our Approach Hasn’t.
Category: Education
Who Outperforms?
Still stuck trying to outguess the market? Deciding what to buy, when to get in, and when to get out can get expensive quickly. It’s also a losing game for the regular investor. But, what about the pros? Are they consistently outperforming?
Every year, Dimensional compares the long-term performance of US-based mutual funds. This 2-min video breaks down the results. It turns out fewer professional fund managers outperform their benchmark than would be expected through luck alone. The takeaway: Being a better market guru than the gal next to you is not a way to reliably, repeatably win.
It’s 9am – Do You Know Where Your Money Is?
One of our team members recently received a check from a past employer. Why? A class-action suit. His former employer was found misbehaving – managing their employees’ retirement plans for their gain rather than for their employees’. As a result, the firm paid up, returning a small portion of inappropriate fees and lost returns. What a joke! This kind of dirty dealing is way too common, and at HIG, we invite you to rage against this machine. Vote with your wallet, choosing ONLY independent, fiduciary advice. Check out this list of the 10 Most-Fined Financial Services Firms. What you see may surprise you!
Client Question of the Month
Client Question:
Why didn’t you tell me how simple you were going to make my tax life?
HIG Reply:
We like good surprises! Because each client’s tax situation is unique, the time and dollars saved are challenging to quantify in advance. No matter your situation, we are confident your tax experience will likely improve, whether your tax bill this year goes up or down.
You may be asking yourself, “how can I save more on taxes?”. Whether you are wondering about this year or next, if you’re a client, you already know you have a team working on it. We provide a spectrum of services to minimize your tax bill, in addition to guidance throughout the year and regular evaluation of potential tax law changes. In other words, you don’t have to worry that you’re leaving money on the table – we’re already working with you and your tax team to avoid that. If you want to learn more about how we see tax management schedule a complimentary call with us – we’d love to chat!
