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Three important questions to ask your new Indianapolis wealth advisor.

Whether you are an Indianapolis wealth advisor or a Santa Fe wealth advisor, one thing is for certain: a good wealth advisor pays as much attention to minimizing risk as they do portfolio growth. Some investment strategies aren’t for the timid, but having an idea of what to look for when choosing a wealth advisor can help you get a better handle on who is best going to serve your needs. Here are a few conversation starters: - How often do you rebalance a portfolio? Generally, an investment portfolio might have a balance of stocks to other assets around 60/40. When the market goes up, so do your stock’s levels. A good advisor will rebalance your portfolio to helps minimize risk when the market goes back down, and having the right mix of alternative investments can help stabilize a portfolio, as these type of typically exhibit low or negative correlation to stocks performance. - How are portfolio assets determined? A protocol for choosing investment products should be in place that utilizes alternative investments as a unique approach to wealth accumulation. It should also take into consideration the underlying risk factors associated with alternative investments and how these factors affect the other equity selections in the portfolio - How often can I access my funds? An investor should carefully consider the features and limitations of alternative investments, they have a variety of parameters, which can include limited liquidity and/or redemption penalties. Typically, investors can only access capital in these accounts of a monthly basis, even yearly- with most requiring redemption penalties. These terms make them less than ideal for the investor who likes the control and convenience of making daily or weekly transactions. Please visit our new website at www.midwest-wealth.com to receive an insider’s peek into alternative investing with The Alternative Investor, a guide book for alternative investments by Greg Shields, founder and President of Midwest Wealth Management, Inc. As a private investment group specializing in wealth management, Midwest Wealth Management, Inc. offers a proprietary trading platform, alternative investment offerings and dedicated advisory support for a select audience. For more information, please visit www.midwest-wealth.com. Investing in alternative investments may not be suitable for all investors and involves special risks, such as risk associated with leveraging the investment, adverse market forces, regulatory changes, and illiquidity. There is no assurance that the investment objective will be attained mwm_blogbanner
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One Indianapolis Wealth Management firm reveals the biggest mistake young investors make.

If you are young, you are in an excellent position to seek a higher return and take on a higher risk. Chances are, you’re also inexperienced with money. This makes it easier to focus on the present moment, rather than put your money toward any long term goals, like retirement. Developing good investment and saving habits now is one way to ensure you’ll have something to show for all of your hard work in retirement. Don’t know where to start? Our YP Access Program is designed to bridge the gap between the beginning of high-trajectory professionals work life and the time investors have conventionally been aligned with a financial professional. It gives younger investors the opportunity to get personalized planning advice, insights into asset allocation and risk assessment comprehensive and industry insight that many high-end professionals and corporate entities have leveraged for years. For more information, email Midwest Wealth Management at: support@midwest-wealth.com. As a private investment group specializing in wealth management, Midwest Wealth Management, Inc. offers a proprietary trading platform, alternative investment offerings and dedicated advisory support for a select audience. For more information, please visit www.midwest-wealth.com. mwm_blogbanner
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The role of Wealth Management as a strategy for early retirement.

When it comes to wealth management, having the right strategy in place alleviates and sometimes eliminates the costs and complexities of withdrawing from individual retirement accounts. If you’re careful, with the right techniques, you can tap into your tax-sheltered retirement accounts before 59 ½ without penalty. If you’re 55 or older and your employment ends, you can withdraw money from your 401(k) or 403(b) without the 10 percent penalty that would normally apply to withdrawals from an IRA, as with qualifying 457 plans from a government or non-profit employer. Withdrawals from at-work plans will be taxed as ordinary income; however, if you’re an early retiree, without earnings your tax bill will be relatively small. If you are unemployed and have any qualifying expenses, including substantial out-of-pocket medical bills, higher education expenses or health insurance premiums, you may be able to match them against IRA withdrawals to avoid the 10 percent penalty. And Section 72(t) of the current tax code allows IRA owners under the age of 59 ½ the opportunity to withdraw funds from their account if the withdrawals are similar in amount and follow a specific schedule. Retiring early doesn’t have to put a dent in your financial future. To learn more about what early retirement could mean for your portfolio, consider consulting with a Midwest Wealth Management investment advisor first. You can learn more at midwest-wealth.com. As a private investment group specializing in wealth management, Midwest Wealth Management, Inc. offers a proprietary trading platform, alternative investment offerings and dedicated advisory support for a select audience. For more information, please visit www.midwest-wealth.com. mwm_blogbanner
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Wealth management firms show executives why alternatives are a fast growing investment.

You don’t need to be a Roche executive to appreciate that global assets under management of alternatives grew at an annualized rate of 10.7% between 2005 and 2013—twice the rate of traditional investments. These recent McKinsey study findings come on the heels of a survey of nearly 300 investors managing $2.7 trillion in total assets. The McKinsey report points to growth in every alternative asset, particularly direct hedge funds, real assets and retail alternatives sold through registered vehicles such as mutual funds and ETFs. Four factors responsible for this shift include disillusionment among investors with traditional asset classes and products, evolution in portfolio construction, increased focus on investment outcomes, and the increase in defined-benefit pension plan sponsors looking for higher-yielding alternatives. For investors seeking viable options, Midwest Wealth Management provides an alternative route to wealth creation and protection designed especially for the sophisticated investor. Through a unique 5-stage process, our Investors Access Program™ identifies and assesses client objectives, engineers and launches a focused strategy, and leverages years of alternative investment experience to enhance the collective process and provide unparalleled support to each client. You can also visit our website at www.midwest-wealth.com to learn about this process in greater detail, and get an insider’s peek into alternative investing simply by downloading a free eBook entitled: The Alternative Investor, a guide book for alternative investments by Greg Shields, President of Midwest Wealth Management, Inc. As a private investment group specializing in wealth management, Midwest Wealth Management, Inc. offers a proprietary trading platform, alternative investment offerings and dedicated advisory support for a select audience. For more information, please visit www.midwest-wealth.com. Investing in alternative investments may not be suitable for all investors and involves special risks, such as risk associated with leveraging the investment, adverse market forces, regulatory changes, and illiquidity. There is no assurance that the investment objective will be attained. Source: McKinsey On Investing: Winter 2014/2015 mwm_blogbanner
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Are “free money rollovers” a good wealth management strategy for executives?

As a WellPoint executive or any one facing a rollover decision, did you know you can earn anywhere from $50 to $2,500 for rolling over a 401(k) into an individual retirement account, or by moving an IRA from one financial institution to another? The bottom line is that cash incentives are cheaper than advertising or direct mail, and many financial institutions are using them as a way to lure in customers with larger nest eggs to purchase investment products. For example, to encourage higher levels of retirement savings, Fidelity Investments will match your contributions up to 10 percent for the first three years your account is open. To get 10% match requires a rollover of $500,000 or more. A rollover of $50,000 is only worth 1.5% percent or $290 over three years if you max out your annual contributions at $5,500. (See Fidelity program website for full details) How lucrative are these offers to an investor? Of course the promise of extra cash in your pocket may seem alluring, but as with any cash offer, there are other considerations. Rolling over funds out of a workplace 401(k) plan into an IRA can end up costing you in higher fees. When rolling over to a mutual fund or brokerage firm, high-cost mutual funds or managed portfolio services can also zap any monetary gains you expected to make from your initial transaction. Before you consider moving or rolling over any of your savings, be sure to consult with your investment advisor or wealth management firm to ensure you are making wealth accumulation work for you. As a private investment group specializing in wealth management, Midwest Wealth Management, Inc. offers a proprietary trading platform, alternative investment offerings and dedicated advisory support for a select audience. For more information, please visit www.midwest-wealth.com. mwm_blogbanner
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Department of Labor cracks down on bad investment management.

Last February the President directed the Department of Labor with a proposed rulemaking to protect families from bad investment management advice. This comes on the heels of specific findings from the White House Council of Economic Advisors (CEA) that show conflicts of interest in the form of backdoor payments and hidden fees cost middle-class families huge amounts of their hard earned savings. There’s plenty of research to show why such conflicts hurt working and middle class families. These losses account for, on average, 1 percentage point lower annual returns on retirement savings, and $17 billion of losses every year—a direct result of investment advisors collecting back door payments or hidden fees for steering clients’ savings into funds with higher fees and lower returns. They’re also attributable to inappropriate rollovers out of lower-cost retirement plans into high-cost vehicles. In response to these egregious practices, the President called on the Department of Labor to crack down on Wall Street and protect families from bad and conflicted retirement advice. To accomplish this, the DOL has proposed a rulemaking that requires wealth managers to abide by a “fiduciary standard,” i.e., putting their clients’ best interests before their own profits. The Department of Labor issued a notice of purposed rulemaking, setting into motion a process designed to solicit public feedback on the best approach to modernize the rules on retirement advice, while minimizing any potential disruption to good practices in the marketplace. For an in-depth look at this recent report, and to get a deeper understanding of how bad investment transactions have impacted working and middle class families, visit the Whitehouse Press office online. (www.whitehouse.gov/briefing-room) For updated information on the fiduciary standard rule, please contact Midwest Wealth Management at midwest-wealth.com As a private investment group specializing in wealth management, Midwest Wealth Management, Inc. offers a proprietary trading platform, alternative investment offerings and dedicated advisory support for a select audience. For more information, please visit www.midwest-wealth.com. mwm_blogbanner
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What executives need to know for long-term investment strategies

Long-term investment strategies take many factors into consideration, and a major factor in these strategies can be alternative investments. These investments are growing at a faster pace in portfolios than traditional investments, especially for high-net worth markets looking for a wealth accumulation vehicle other than stocks or bonds. Alternative assets can protect downside risks and potentially minimize portfolio volatility, while offering similar returns to equity markets. It’s obvious that the risk factor in any alternative investment cannot be taken lightly. Hedge funds, oil and gas and other alternatives that can be detrimental in the short-term can still offer much higher returns at a later date. Having the ability to accept lower liquidity characteristics while gaining the potential of significantly higher returns in the future can be beneficial in a wealth accumulation strategy. You can also learn more about the advantages of alternative investments as part of a proper wealth accumulation strategy by visiting us at www.midwest-wealth.com. As a private investment group specializing in wealth management, Midwest Wealth Management, Inc. offers a proprietary trading platform, alternative investment offerings and dedicated advisory support for a select audience. For more information, please visit www.midwest-wealth.com. Investing in alternative investments may not be suitable for all investors and involves special risks, such as risk associated with leveraging the investment, adverse market forces, regulatory changes, and illiquidity. There is no assurance that the investment objective will be attained. Sources: Asset Management 2020: A Brave New World – Price Waterhouse Cooper mwm_blogbanner
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YP Access Program aligns young investors with personalized wealth management solutions.

In my opinion, financial firms limit themselves, and their clients, to investment account roll overs or commission-oriented investment products — a far cry from high-potential wealth management solutions. Some commission products are a version of one-off sales transactions that are not always aligned with the client’s best interests. Many firms have established prohibitive minimum account sizes just to be considered a candidate, but we believe looking solely at the account balance is only one piece to the ideal client puzzle. By the time a prospective client has acquired the assets to attract a credible firm, there are hundreds of other firms out there equally interested, making it difficult to distinguish between the good, the bad and the awful. Midwest Wealth Management’s YP Access Program is designed to bridge the gap between the beginning of high-trajectory professional work life and the time investors have conventionally been aligned with a financial professional. This program offers younger investors personalized planning advice, asset allocation, risk assessment and industry insight that high-end professionals, entrepreneurs and foundations have leveraged for years. By aligning with Midwest Wealth Management early in their career, young investors gain a much better understanding of their working relationship with an investment advisor long before discussions of investing retirement nest eggs happen. There’s also an educational component to the program specifically designed for our clients, wherever they are on their investment trajectory. Because not everyone comes to our firm with at the same level of financial literacy, our program is designed to help educate clients along the way, and build a generation of sophisticated investors. It’s packaged through an established consulting agreement with contract expectations of 3 years, and priced to fit well within any budgetary concerns for investors as they begin their professional career, build their business or climb their respective corporate ladder. For more information on the Young Professional Access Program, email support@midwest-wealth.com. As a private investment group specializing in wealth management, Midwest Wealth Management, Inc. offers a proprietary trading platform, alternative investment offerings and dedicated advisory support for a select audience. For more information, please visit www.midwest-wealth.com. mwm_blogbanner
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