Should Millennials or Gen Z’s Have a Financial Advisor?

Planning for retirement has changed tremendously over the years.  Many years ago, you would retire with a pension, receive a good social security benefit and you were set.  Life expectancy wasn’t as long so once you retired you simply needed to make sure that your monthly expenses weren’t more than the guaranteed income you were… Read More

The Importance of a True Fiduciary

Acting as a fiduciary is the highest legal duty and standard of care in which to interact with someone.  As a fiduciary for all my clients at Bluewater Investment Strategies, I am always legally bound to act ethically, in their best interests, and put their needs ahead of my own.  I have always found this… Read More

Saving for Your Child

One question that many parents ponder is the best way to save for their child’s future.  There are many different opinions on this.  While many people are familiar with state sponsored 529 plans as a way to save for college, there is another option, the UTMA account. With the 529 college savings account you are… Read More

Do The Big Firms Really Care About You?

In 2019 James Gorman, the CEO of Morgan Stanley, made $29 million[1].  Brian Moynihan, CEO of Bank of America/Merrill Lynch made $26.5 million[2].  Are those compensation packages justified?  Who pays for these exorbitant salaries along with the excessive compensations of other senior executives?  As you may have guessed, the clients at these firms pay for… Read More

The Importance of a Disciplined Investment Approach

Study after study has shown that most individual investors have poor returns investing on their own.  A recent study showing this was done by Dalbar Inc.  For the twenty years ending 12/31/2015 the S&P 500 Index averaged 9.85% per year.  The average equity fund investor earned a return of only 5.19% in comparison[1].  Why is… Read More

Can You Trust the Financial News Media?

With the information age we live in there is no shortage of coverage or opinion on the financial markets.  Instant updates are delivered on your phone and you need only tune in to one of the many financial channels such as CNBC or Fox Business to get their hot takes on the markets.  It would… Read More