I’m a native Cincinnatian, living for the past 29 years in Symmes Township graduate of the University of Cincinnati with a degree in Business Administration. My wife, Sue, and I have been married for 36 years, raised a son, Robbie, who now is a financial analyst and snowboarder in Denver, Colorado. Currently we are raising a 15 year old domestic long hair cat and a 2 year old golden/lab mix.
Over the years, I’ve owned a number of businesses in various industries, giving me a diverse background, and exposure to varied financial opportunities and challenges: Commercial real estate broker and founder of Camargo Realty in Oakley, founder and president of Prographics Printing in Norwood, then licensed in “all things financial” including life/health insurance, and series 7/66 securities with Merrill Lynch, ultimately heading out on my own again to help people prepare financially for retirement.
Along my journey, I have encountered myriad myths, misconceptions, half-truths, or outright lies circulating around the financial world. Some have been perpetrated by the government, some by Wall Street, some by banks, and some by other financial advisors, all in the interest of protecting or enhancing their own pieces of the world, and all at the expense of the ordinary guy or gal simply trying to enjoy a happy life, save up enough money to have a nice retirement, and maybe leave something to their children, university, church, charity, etc.
Misinformation prevents people from reaching such goals. Americans carry way too much personal debt, barring things such as owning their own home, funding their children’s college educations, or saving for retirement. Most Americans have most of their money in “qualified” accounts, such as IRAs and 401ks, totally taxable at the highest rates when they need it most—in retirement.
At the SMART Advisor Network, we don’t judge. We educate. If it pertains to them, we show clients the effects of interest compounding against them, and how we might turn that around, so it compounds for them. We show clients the effects of a lifetime of taxes on their retirement accounts as it affects their own income, social security, and inheritance to their children. Finally, we build out plans to most efficiently eliminate debt and/or taxes so we can all get back to reaching our goals and enjoying a happy life.