Dusty Sternadel, financial advisor at Ameriprise Financial, is with us this week on Talking Texoma. Many times, people in the workplace have their investments spread out. In other words, they may have a 401k with work, savings at another financial institute, investments somewhere, and a college investment for their kids is saved at another bank.
Oftentimes it can be very beneficial to consolidate assets. She explains that sometimes she might get a new client who has a current retirement, an old retirement, college for their kids, or maybe grandparents have opened investments somewhere else. So, they have multiple accounts all over the place and they don’t really have a solid financial plan. It could be beneficial to leave everything where it is. It could also be beneficial to sit down and look at it and really consider consolidating.
It could be very beneficial to go ahead and consolidate with one firm if it’s a firm that offers multiple investments and types of accounts. Ameriprise and other firms like it, can help you possibly decrease your fees significantly and increase your rate of return. You would have one person really giving you solid advice on your financial plan.
She adds that oftentimes when people come in, they have dreams of retiring, sending kids to college, or taking a vacation. She can help make these dreams a reality with ideas of how to make the best out of their money by actually having goals with it. A dream is often a goal without a plan. Whenever you have specific dreams, she can help you set them down and align goals with them.
So, call Dusty Sternadel if you have dreams that you need help making a reality. She can help you with all of your investment questions.