Investor Help
Stockbroker
- Trained Salesman
- Fees double to hire a middleman
Required Stockbroker's Disclosure:
"Our interests may not always be the same as yours... We are paid both by you, and sometimes, by people who compensate us based on what you buy."
Key Differences
Financial Planner
- Not Trained in Buying Stocks or Portfolio Management
- Double Fees - 1% plus mutual fund fees and expenses
Naworski Investments
- Advisory Fees are half that of most Planners
- Fiduciary Duty - Utmost good faith to act in YOUR best interest
- Legal Duty to put your interests ahead of mine
- Reduced Costs and Fees are the Missing Piece to your Financial Puzzle
Resources for Investors:
North American Securities Administrators Association
Naworski Investments
For a Brighter Investing Future
Advantages of rolling over or transferring a 401(k) to an IRA when you leave your employer or retire:
- Lower costs: Many 401(k) plans have a multitude of administrative and bookkeeping fees which are difficult to determine the amount of.
- More selection of investment options: Most 401(k) plans have limited investment choices. Some are limited to one mutual fund family. None will have all the possible mutual funds and ETFs if you transfer the account to a broker-dealer.
- Professional money management: If you have control over your account you can hire an investment advisor to make your investment decisions for you. In the early 1980s the state of Nebraska gave their employees the choice of a 401(k) type plan or a traditional pension managed for them. It was terminated a few years ago due to the poor performance by individuals managing their own money.
Time for a Change