In the United States, we have a number of financial safety nets. Social Security, originally known as “old age, survivors, and disability income”, assorted forms of unemployment insurance, and various programs such as SNAP and WIC for supplemental nutritional support. While these can be hotly debated and contested, today we’re going to set aside the politics and talk about the …
Well, the cat’s out of the bag. Yesterday, Investopedia announced its Top 100 Financial Advisors of 2021, and we were ecstatic to learn that Daniel Yerger was one of the award recipients and the only one representing Colorado. Notably, the Top 100 from Investopedia is different from many awards in the financial industry. It’s not uncommon to see lists of …
“The more I learn, the more I realize how much I don’t know.” -Albert Einstein As most of you would probably agree, being an expert in what you do is an odd experience. Whether you’re a teacher being told by random people on the internet about how and what to teach, or a doctor being shouted at by multi-level marketing …
Primerica Fee Type Annual Fee Program Fee 2.24% Up Front Revenue Sharing 0.25% Quarterly Revenue Sharing 0.0175% Annual Cost to Clients in the First Year 2.56% Disclosure of Revenue Sharing Regulatory Filings for Advisory Services Merrill Fee Type Annual Fee Merrill Lynch Fee Rate 2.00% Style Manager Rate 0.65% Revenue Sharing ? Annual Cost to Clients in the First …
If you hadn’t noticed over the past decade, interest rates have been low. Really low. Historically low, in fact. This has been an enormous economic boon for small businesses, home buyers, and other borrowers of just about any sort. While the Federal Reserve’s monetary policy is to keep the reserve rate low, competition for low rates on every form of …
In business school, you’re taught a lot of things: business plans, marketing, managerial accounting, and so on. One of the most important things that does not get enough attention is the “value proposition” of a business. Simply put, the value proposition is the core reason someone would do business with you rather than doing business with someone else. Sometimes that …
In case you’ve forgotten, inflation is the simple principle that over time, the value of existing currency declines as the perception of the public is generally that things get more expensive with time, and that as the population grows, there is a natural growing demand-side pressure on the supply-side of the economy. Inflation has been all but absent for the …
“It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from regard to their own interest.” Wrote Adam Smith in “The Wealth of Nations”, a classic treatise on what we now know as capitalism. As of late, a great deal of news and memes have been made up of the …
Last year, the SEC released marketing rules that came into effect today. Now I know what you’re thinking: Dan, rules, from the SEC, about marketing, sounds like the most boring thing ever, of all time. Oh contraire! You see my friend, these rules are about to have a major effect on how you are targeted and marketed to by a …
Whether you’re a startup founder, accidental entrepreneur, or simply looking for help in deciding what job offers to accept, the benefits package is a big deal. People work within organizations (public, private, or non-profit) for a handful of reasons: They believe in the mission, they love the work, or the compensation is right. In a perfect world, it’s all three. …