In the not-too-distant past, financial advisors and clients often focused primarily on investments. Advisers focused on managing investment portfolios toward agreed upon client targets and related asset allocation benchmarks. The relationship was judged primarily on performance, and good results led to satisfied clients. Today, advisers work in
By Elaine Lee You probably have spent your time working, raising children and maybe even caring for aging parents. You’ve put money away for retirement, saved for college and have emergency funds available. As you think about the future, though, there are nagging questions: Will I be
Liz Miller President, Summit Place Financial Advisors LLC, Summit, N.J. Education: B.S., Wharton School, University of Pennsylvania; M.A., Columbia University Professional Designation: Chartered Financial Analyst, Certified Financial Planner Background: After college, Ms. Miller headed to Wall Street where she held a variety of roles, including as a
When financial advisers ask about their clients’ goals, they often hear something like “I want growth with moderate risk.” Trouble is, that’s not a goal. An answer like that can lead to problems both for clients, who may have trouble making decisions about what they want to
As Hurricane Harvey bore down on the Texas coastline last week, adviser Liz Miller and her colleagues at Summit Place Financial Advisors in Summit, New Jersey, immediately began calling clients who might be affected. “We reached out proactively to clients in the area checking if they had
With orientation underway at many schools, families with college-bound kids are suddenly feeling the enormous weight of those now-due tuition bills. But it’s not too late to come up with a few last-minute strategies to ease the burden of the sky-high cost of college. Fill out a FAFSA
We’re proud to share that Elaine Lee has earned her CERTIFIED FINANCIAL PLANNER™ certification! The CFP® certification is the industry standard for professional financial advisors. To earn the designation, professionals must complete university-level financial coursework and pass a six-hour exam covering 72 topics – ranging from risk
Retirement account rules are stacked against early retirees. People may face a 10 percent early withdrawal penalty if they take money out of their traditional IRAs before age 59½ and before age 55 with traditional 401(k) plans and other workplace retirement plans. According to Tom Anderson, here
We’re thrilled to announce that Summit Place Financial Advisors has been recognized as one of “America’s Most Honored Businesses – Top 10%” by American Registry. This recognition of excellence includes significant mentions in the press and honors by industry peers, trade groups and clients. Given to
By Pearce Landry-Wegener For the past 14 years, our president Liz Miller has spent a few weeks of her summer teaching courses at The Chautauqua Institution in upstate New York. Equal parts education, performing arts appreciation and interfaith worship, this unique nonprofit community, founded in 1874, is
