Physician's Wealth Manager

The Wall Street Crisis and the Fiduciary Standard
By Tom Orecchio, CFA, CFP, ChFC, CLU, AIF, Thursday, April 29th 2010
During FCIC testimony, Goldman Sachs CEO Lloyd Blankfein, responding to questions of whether betting against securities it was selling to investors was a conflict of interest, said that Goldman had no legal obligation to disclose its bets. "We are not a fiduciary," he said.
Are Guaranteed Insurance Contracts Really Guaranteed?
By Tom Orecchio, CFA, CFP, ChFC, CLU, AIF, Wednesday, April 7th 2010
GICs, like CDs, pay a fixed interest rate over a certain period of time, however, you live and die with the solvency of the insurance company. If it goes belly up, your investment goes with it.

AUTHOR BIO

Thomas A. Orecchio, CFA, CFP, ChFC, CLU, AIF is principal and wealth manager at Modera Wealth Management in Westwood,NJ. From portfolio management and tax planning alternative investments and estate planning, Tom assists physicians through truly comprehensive wealth management. Mr. Orecchio can be reached at TomO@ModeraWealth.com.

BLOG INFORMATION

Tom Orecchio examines the principles of wealth management and financial planning-from portfolio and tax management to alternative investments and estate planning-to help physicians achieve financial success.