Oak Wealth Advisors and Accountability

Oak Wealth Advisors and Accountability

Accountability is important. It is for this reason we have been disappointed by the media’s failure to hold their “experts” accountable for the recommendations and predictions that they issue. In the past, we have written about the underwhelming investment recommendations published by Barrons from their annual roundtable of experts. We have also highlighted the inability of Morningstar to publish rankings that accurately predict the future success of specific mutual funds. While we have emphasized the folly of following the predictions of others, until now, we have not critically reviewed our recommendations to clients that we have published. As fiduciaries, Oak Wealth Advisors has a ...

Beware of the Language Minefield

Beware of the Language Minefield

 Language is powerful. It can be used to inspire and empower, but also to dehumanize and ostracize. In the special needs community, we face a language minefield that creates challenges for even our best-spoken advocates. We hope that this article generates discussions, reflections, and actions that contribute to an improved use of language in the special needs community. The children’s rhyme, “sticks and stones may break my bones, but words will never harm me,” first appeared in 1862. While the motivation for the rhyme is to encourage children not to retaliate with physical actions when they are taunted or called names, the reality is that words and phrases can do damage and their ef ...

Collaboration Drives Success in School

Collaboration Drives Success in School

The school year brings with it a chance for growth, new experiences, and the comfort of routine. It is also often the time when the greatest progress is made in a child’s development. Given the unique challenges of navigating the school system for children with special needs, we wanted to share our insights on how to maximize the potential benefits available through your school district. ...

The North Shore Weekend article about Oak Wealth Advisors

The North Shore Weekend article about Oak Wealth Advisors

Financial firm focuses on future of those with special needs …Walther compares himself to a pilot for the families. "Ninety percent of flights are not on course but over 99 percent land safely", he said.  "People have retirement goals, and we can't forget about their needs.  Maybe your goal is for all your kids to go to college, or maybe it's that you want your child with special needs to have safe housing and oversight and opportunities for employment.  These are not mutually exclusive. " At her desk down the hall, director of Special Needs Planning Randi Gillespie works with Walther's clients to navigate everything except their financial needs.  She connects families with social ...

Diversified Portfolio Provides Better Long-Term Results

Diversified Portfolio Provides Better Long-Term Results

Everyone would prefer the investment markets to make consistent gains without any periods of negative performance.  Unfortunately, that is not the way the investment markets deliver returns. Research into investor psychology has confirmed what we have witnessed while working with clients for over twenty years.   The negative emotions tied to investment losses are significantly stronger than the positive feelings connected to investment gains.  To capitalize on this difference, some financial services firms have migrated to recommending portfolios that will generate far lower returns in the hopes of reducing the number of times the firm has to report negative returns to their clients. ...

Social Security Benefits Maximizing Strategies

Social Security Benefits Maximizing Strategies

Deciding when to begin receiving Social Security benefits is a major financial issue for anyone approaching retirement. There is a tradeoff between the amount of the monthly benefit and the number of payments you will receive. Most people know that beginning benefits prior to your full retirement age (currently age 66 and increasing to 67 for anyone born after 1960) will provide fewer dollars on a monthly basis. Delaying the receipt of benefits until 70 generates the maximum level of monthly benefits. ...

The Dangers of Greed

The Dangers of Greed

The wisdom of Dr. Seuss is far reaching. One of his tales that is particularly relevant as we enter 2014 is The Bippolo Seed. In this story, a duck finds a special seed that can grant wishes. Before the duck gets the seed planted, he is distracted by a fox advising him to wish for far more than he was originally seeking. The seed gets lost and the opportunity vanishes with it. The dangers of greed highlighted in the rhyming text will guide us this year. ...

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