What Is the CFA Charter – and Why it Matters for Your Investments
At THOR Wealth Management, you may have noticed that several members of our team have “CFA” after their names. It’s not just alphabet soup — those three letters represent a commitment to deep expertise, high ethical standards, and long-term discipline in investment management. But what exactly is the CFA charter, and why should it matter […]
Should I Hire a Robot or a Human?
I was recently sitting in the airport catching up on emails and received a response from a woman who was applying for a position at our company. I had reached out requesting that she share her availability for an introductory call. Her response began with the following: “Here’s a polished and professional version of your reply:” […]
Why You Should Hire a Firm with a CFP® Professional
When it comes to your health, most people understand the value of having a primary care doctor. This is someone who keeps tabs on your wellness, helps you stay on track, and is available when something goes wrong. But when it comes to your financial life, many people don’t think the same way. They often […]
Why Rules of Thumb Are Out of Style
There seems to be a plethora of financial ratios and rules of thumb whenever you are searching the web for an answer to a personal finance related topic. Here are some common financial rules of thumb that you may have seen or heard of: Save 10% of your income Have 3 to 6 months of […]
An Investment Adviser’s Value Proposition: When and Why Do I Really Need a Financial Adviser?
At what point should you hire a financial adviser? People often assume the answer to this question is largely based on the size of their portfolio. Once your portfolio has reached a certain size, either the job becomes too daunting or complex or the risks of making a wrong move carry too much weight. In […]
Finding An Investment Advisor
What Is a Financial Advisory Firm? Finding the appropriate financial professional for your personal situation can be a challenge. Part of that challenge is due to all the terminology and jargon used to describe financial advisors. For example, what is the difference between an investment advisor, financial adviser, financial planner, wealth manager, broker, etc.? In […]
Hiring a Financial Advisor – The “When, Why, and Who”
WHEN should you start looking for an advisor? For many, hiring an advisor should be considered during the accumulation phase of their life. Unfortunately, many people assume they only need an advisor when they have accumulated a certain amount of wealth, are nearing retirement, or both. In reality, this assumption could not be further from […]
Hiring a Financial Professional: 6 Keys to Success
In today’s world, hiring a financial professional can be overwhelming. There is a exhaustive list of titles for financial professionals such as financial advisor, financial planner, wealth manager, investment advisor, estate planner, tax planner and accountant. And while each title mentioned above may conjure up a different business model in your head, the fact is […]