Age is just a number.
But that number can have a direct impact on the success of your portfolio.
Today the average age of a financial advisor is 51 with 38% of advisors expecting to retire in the next 10 years, according to Cerulli Associates.
Just 10% of financial advisors today are under age 35.
And that's another way Haddonfield is different.
My name is Adam, and while I may have been in this game for some time (since 2004), I will still be in the game when you retire. I am also an Accredited Investment Fiduciary, which means I have to put you first.
Are you more worried about your retirement or your advisors? What are you going to do when your advisor retires in 10 years or less and you have to start all over again?
HOW WE GIVE BACK
Haddonfield's goal is to give back 5% of profits each year to causes and charities based in and around Haddonfield, NJ.
Here are just a few of the organizations we support:
READ OUR LATEST KNOWLEDGE ARTICLES:
Everyone has heard of the Federal Reserve Bank or “The Fed” and that it has something to do with the value of our money — and so it must be very important. But few even claim to really understand what the Fed does and how it does it.
The Dow Jones Industrials Average and S&P 500 are breathing down the neck of record highs set last Fall. Some take that as a sign to sell, time to shift out of equities and realize gains. We think that would be a mistake.
It feels like we are living in the Land of Oz and the Fed is the "all-powerful" wizard in control.
From just about every significant group of thought leaders – the press, politicians, economists, analysts, and government officials – the narrative of the past twelve years has been all about government and nothing about the entrepreneur. They say the crisis ended because of government bailouts and easy money. It's an artificial sugar high, covering up fundamental problems that still exist and could come back without the Fed's support.
It's March 8, 2009. The market's down 56% from its all-time high, unemployment is over 8% and hurtling toward 10%, it's just been reported that real GDP dropped at a 6.2% annual rate in Q4 of 2008, and it feels like the world is coming to an end. You're tired, exhausted from living though this, and you fall into a deep sleep. So deep, in fact, that you don't wake up until today, 10 years later.
Twenty-two trillion! It's a number we have been hearing a lot lately. Five years ago, it was seventeen trillion. Sometimes as a statement, sometimes a question. Debt – consumer, business, but most notably government – has a permanent spot on many investors' minds. But knowing the level of debt hasn't helped investors. It needs to be taken in context.
In civilized societies, children are taught not to bully. The “#MeToo” movement has declared war on adult sexual bullies. But there is one area where the bullies have not been called out and, in fact, are often applauded, even though they have hurt thousands of times as many people as Harvey Weinstein.
Talk about destroying a narrative. On Friday, the Labor Department reported 312,000 new jobs in December, with an additional 58,000 from upward revisions to prior months. Recession talk got crushed.
We are using any pull back as an opportunity to add to our equity positions and expect a deeply oversold market to rebound early next year.
Black Friday had a 23.6% increase in online sales this year, according to Adobe Analytics, which tracks sales at 80 of the top 100 internet retailers, with one-third of the sales via mobile devices – that's up from 29.6% in 2017. Looks like more people are getting comfortable with making buying decisions on the go rather than at a desk.
Stocks are Still Cheap, watch the video to find out why!