News and Commentary

Weighing the Choice between a Traditional IRA or a Roth IRA by Brendan Hayes

Posted on June 26, 2019 by Brendan Hayes

A Roth IRA is a unique retirement savings account that allows eligible individuals to set aside money today for a potentially tax-free income stream in the future. Like a traditional IRA, a Roth arrangement allows individuals to make annual contributions of up to $6,000 in 2019, or $7,000 for savers age 50 and older. That […]

Relatable Finance Episode 22 – Cannabis Investing

Posted on June 25, 2019

In this episode the relatable finance guys consider the question of investing in cannabis stocks. Provenance Wealth Advisors (PWA) is not a registered broker/dealer and is independent of Raymond James Financial Services, Inc. Securities are offered through Raymond James Financial Services, Inc., member FINRA / SIPC. Investment advisory services are offered through Provenance […]

How Much Planning Are You Putting Into Your Longest Vacation? Probably Not Enough by Olga Ismail

Posted on June 19, 2019 by Olga Ismail

Memorable vacations do not happen by chance. They require a certain level of effort and advance planning to ensure that you stay within your budget and maximize your actual time away for fun, sightseeing and relaxation. The more you plan, the more likely your getaway will meet your expectations. With this in mind, it is […]

Relatable Finance Episode 21 – FIRE (Financial Independence, Retire Early)

Posted on June 11, 2019

In this episode, the relatable finance guys talk about the FIRE trend and smart steps for listeners to consider.

Avoiding Basic, and Most Common, Estate Planning Disasters by Scott Montgomery, CLU, ChFC

Posted on June 10, 2019 by Scott Montgomery

If you gathered documents to prepare your annual federal income tax returns, take a moment now to review your financial accounts before filing those papers away in a drawer. Most importantly, you will want to look at how those accounts are titled, who is named as a beneficiary and if your life circumstances or new […]

Special Needs Trusts Can Help Improve a Disabled Family Member’s Quality of Life by Lee F. Hediger

Posted on June 06, 2019 by Lee Hediger

Caring for a family member with a physical, intellectual or emotional disability can be costly. Every-day expenses can include not only food and shelter but also specialized medications, assistive devices, special education, transportation, at-home nursing care and much more. Over time, these expenses will almost certainly increase. To ensure that a loved one continues to […]

Is your Financial Advisor Putting your Best Interests First? by Eric Zeitlin

Posted on May 29, 2019 by Eric Zeitlin

Under current law, financial advisors and brokers are bound by a “suitability” standard that requires them to recommend investment products that are deemed “appropriate” for a client’s defined need and objective. This standard of care does not rise to the level of a fiduciary, who is legally and ethically obligated to put their clients’ best […]

Relatable Finance Podcast Episode 20 – Inflation

Posted on May 28, 2019

In this episode the relatable finance guys explain inflation: what it is, how it happens and why it is impactful. Provenance Wealth Advisors (PWA) is not a registered broker/dealer and is independent of Raymond James Financial Services, Inc. Securities are offered through Raymond James Financial Services, Inc., member FINRA / SIPC. […]

8 Tips to Help Women Improve Financial Literacy by Kathleen Marteney, CRPC

Posted on May 22, 2019 by Kathleen Marteney

For too long, women were socialized to believe that they were bad with money or that financial management was a role better left to their husbands. While women have come a long way, there remains a significant gender gap in financial literacy. According to the results of a recent study conducted by the Global Financial […]

Protecting Against Elder Financial Abuse by Robert Mark Weiss, CFA

Posted on May 15, 2019 by Robert Weiss

Financial crimes against the elderly more than quadrupled between 2013 and 2017, according to the Consumer Financial Protection Bureau (CFPB). While it is common for the perpetrators of these scams and thefts to be unknown by the victims, they are too often the actual people that older adults know and trust, including their appointed caregivers, […]

Relatable Finance Podcast Episode 19 – How to Gauge the Strength of the Economy

Posted on May 14, 2019

In this episode, the relatable finance guys share tips for assessing the strength of the economy and how to apply this knowledge to your decision making.

Bitcoin and Blockchain 101 by Todd A. Moll, CFP, CFA

Posted on May 08, 2019 by Todd Moll

Bitcoin is the first and perhaps most well-known cryptocurrency among hundreds of others, including Etherium, Ripple’s XRP token and Litecoin. In the simplest terms, cryptocurrency is a form of money stored and transferred electronically with no actual physical form. What makes this digital currency special is that it is decentralized, which means that it there […]

Relatable Finance Podcast Episode 18 – Diversification and Dollar Cost Averaging

Posted on April 30, 2019

In this episode the relatable finance guys discuss why diversification is important and how dollar cost averaging impacts a portfolio. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Indices are not available for direct investment. Any investor who […]

What Happens when Financial Advisors Declare their Independence? by Eric Zeitlin

Posted on April 24, 2019 by Eric Zeitlin

After spending more than 25 years in the financial services industry, first on the bond desk in Canada and more recently at one the world’s leading investment banking and wealth management firms, Rob Weiss, CFA, made a significant career move. In 2018, he went independent, joining Provenance Wealth Advisors (PWA) as a financial advisor and […]

Provenance Wealth Advisors’ Chief Investment Officer Todd Moll Ranks on Financial Times’ Top 400 Financial Advisors List

Posted on April 18, 2019

FT. LAUDERDALE, FL – April 18, 2019 – Provenance Wealth Advisors’ Chief Investment Officer Todd Moll, CFP®, CFA, has been named to the Financial Times annual list of the top 400 financial advisors in the country for the fourth year. Financial Times ranks advisors with more than 10 years of experience and $300 million or […]