The Department of Justice announced new regulations for advisers, requiring them to act in the best interest of their clients (believe it or not, they didn’t have to act in the client’s best interest before).  We gave our view on this over a year ago:

http://www.vomundinvestments.com/bonanza/2015-03-05.pdf

As the rule takes affect in 2017, what does this mean for investment products?  That’s the subject of our recent article:

http://www.vomundinvestments.com/bonanza/2016-03-31.pdf

As an independent advisor I’ve always been required to act as a fiduciary.  That’s why I buy low-cost ETFs or no-cost individual securities.  I won’t sell you annuities or 12b-1 mutual funds.   For more information please visit www.VomundInvestments.com.

David Vomund

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    Vomund Investments, LLC
    889 Alder Avenue Suite 202
    Incline Village, NV 89450

    US Mail:
    PO Box 5037
    Incline Village, NV 89450

    775 832 8555

    At Vomund Investments, we tailor our managed accounts to meet the client’s comfort level using stocks, exchange-traded funds (ETFs), preferred stocks, and exchange-traded debt. Most portfolios include lower-risk, better-rated vehicles with yields of five percent or more.

    We also hold some higher-yielding stocks with both dividend growth and capital gains potential. Prices fluctuate of course, but their volatility is less than that of most equities.

    Whether you are investing primarily for growth to reach retirement, or for income to enjoy your retirement, our managed account program deserves a closer look.