IMPORTANT ANNOUNCEMENT
After many rewarding years helping my wonderful clients through Wealth Logic, I will retire as a financial planner and investment advisor on December 31, 2026. Thank you to all of the wonderful clients who allowed me to do a one-time plan.
I’m not stepping away from the work that matters most to me. I’ll be devoting my time to investor advocacy: exposing high-cost, conflicted products and pushing for an industry that actually puts clients first, rather than just saying it. Writing will remain my way of getting the message out, including my monthly emails, which are free for anyone to join.
I will not be monetizing (aka selling) my practice. Selling it means a buyer would then have to earn back the purchase price. Instead, I encourage you to choose an advisor yourself. Here are three recommendations to consider. I’ve based them on my experience working with other advisors and those looking for hourly and flat fee advice-only advisors rather than paying ongoing management fees. Many will do a one-time plan similar to my model. None of the following have paid me to be listed.
Mike Piper, LLC – Quite frankly, the best single advisor I have run into. His knowledge of investing, planning, and the tax code is second to none.
Garrett Planning Network – A network of hourly advisors I’ve known for over 20 years. Many advisors charge hourly (as I did) and are far and away the best group of advisors I’ve had the pleasure of knowing.
Sara Grillo started the Transparent Advisor movement and has a list of advice only advisors. I’ve had good interactions with many of these advisors.
My message hasn’t changed. Keep costs low, diversify broadly, and dare to be dull in your investing. Whoever your advisor is, trust them enough to listen, but not so much that you follow blindly. No one cares more about your money than you do.
Behavioral finance (a combination of economics and psychology) shows that we make many of our investment decisions for emotional reasons rather than economic ones. We are all programmed to needlessly give up half of our real return to other investors, trusted professionals, and taxes without a clue that we are actually doing so.
Wealth Logic is an hourly fee-only based financial advisory firm that develops a financial plan and investment strategy designed to create wealth for you, rather than an income stream for someone else. It is based on the belief that, if you can give up some emotional return, you can double your real economic return. We also occasionally do fixed fee work for institutions or expert witness testimony.
Important – I apologize but Wealth Logic is not taking on new clients and doesn’t anticipate doing so in the future.
Warren Buffett said it best: “Investors should remember that excitement and expenses are their enemies.”
Please explore this website open to the possibility that traditional investing may be better for Wall Street than it is for you. Please click here if you would like to subscribe to periodic mailings including my personal finance columns in AARP, THE WALL STREET JOURNAL, FINANCIAL PLANNING MAGAZINE and other publications.
I hope to be able to convince you of our value proposition “you get what you don’t pay for.”
Allan S. Roth, MBA, CPA, CFP®
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