Reading her diary: the financial habits of working women

Reading her diary: peeking into the financial habits of working women

Posted Leave a commentPosted in Personal finance, Web finds

I admit one of my greatest challenges as a financial planner is understanding the feelings and priorities of clients who don’t look at money the same way I do. I am very much a numbers-driven person, and let cold, dry calculations drive my investment and personal finance decisions and recommendations more than most. My preference […]

Whole life vs term life insurance: the "Buy Term Invest the Difference" calculation

Whole life vs term life insurance: the “Buy Term Invest the Difference” calculation

Posted 1 CommentPosted in Personal finance

Deciding between whole life vs term life insurance should rationally be driven by the numbers, especially the “buy term invest the difference” calculation below to illustrate the difference between the two types of life insurance.  As much as insurance companies advertise a warm image of caring families, and while a good life insurance agent naturally […]

How Much Financial Advisors Charge – Pricing by Account Size and Other Factors

Posted Leave a commentPosted in Client Service, Education, Investing, Personal finance, Saving

More than almost anything else, I believe the financial services industry needs greater price literacy and price transparency.  In almost any other business, customers are used to looking at and comparing the prices of the goods they buy from a store or website and the services they buy from a tax preparer or hairdresser, but […]

10 Non-Personal Questions to Ask Your Financial Advisor

Posted 1 CommentPosted in Personal finance

Even in the many years before I decided to start competing in the space of financial advisors, I noticed a paradox among financial advisors: A. There were both enormous differences between what different people calling themselves “financial advisors” actually do, yet B. Financial advisors have a hard time differentiating themselves from their competition As a […]

Noodles represent long life, but what are your odds of living to age 100?

Mortality Tables By Country – Your Odds of Living to Age 100

Posted Leave a commentPosted in Personal finance

As a financial planner, I was trained to assume a client will live to age 100 in order to be at least 95% confident that the client would not outlive their savings.  By what are your odds of living to age 100?  According to the US Social Security Administration (first link below), a male born […]

Financial Planning Service Package

Posted Leave a commentPosted in Personal finance

GFM Asset Management runs discretionary, separately managed portfolios of stocks, bonds, and currencies for individual clients, as well as providing comprehensive financial planning.  Our specialty is financial planning and portfolio management for families whose financial lives span multiple countries. Our most popular financial planning package includes the following services with an IFPHK CERTIFIED FINANCIAL PLANNERCM Professional: Review of your […]