Category: Wisdoms

  • Kick Out Your Freeloading Adult Kid(s)

    My office has received an increase in calls from parents, siblings or other relatives trying to kick an adult child out of their house. Often, the caller has already requested that the child leave, only to receive an adamant “no” from the unwelcome person. In one instance, a mother was selling the home that she loved to move into a small, one-bedroom apartment, hoping her son would not be allowed to live there.

    After a child’s loss of a job or a divorce, naturally, parents want to help, expecting the situation to be temporary, even though they say “stay as long as you want.” The caller may then explain how the child has made no efforts to move out. Why move out of the family home when you can stay there rent-free with meals included?

    Why I am being informed of these situations? Because there are often allegations of emotional, physical and financial abuse. The abuse occurs very subtly, frequently creeping up on the senior parent until they find themselves in a situation that seems inescapable. For instance, I have gotten multiple calls from parents who gave spending money to their child, which eventually turned into supporting them entirely. One father almost depleted his savings trying to bail his son out of repeated financial disasters.

    How do you divorce yourself from a child?

    If the abuse is physical, call 911. No exception. After the police arrest him or her, file for a restraining order. Our office’s Victim Advocate Services (808-768-7400) can help with that or there are instructions online as well. You can still call the police if the abuse is financial. But depending on the circumstances, the arrest may not be immediate. Additionally, a parent can call the Legal Aid Society of Hawai‘i (808-536-4302) and request help getting a Writ of Ejectment. This is a legal way of kicking a child out of the house.

    Why not just call the police and have the child removed for trespassing?

    The police may interpret the relationship the parent and the child have as a landlord/tenant situation. In that case, the parent will have to go through the court system to evict the child from the home. The process may take a month or longer. Whatever avenue the parent decides to pursue, it is not going to be easy. And because of that difficulty, many parents choose to remain in an unhealthy environment instead of living in a stress-free, happy home. The choice is yours.

    If you have questions about elder abuse, call or email:
    808-768-7536 | ElderAbuse@honolulu.gov

    My office has received an increase in calls from parents, siblings or other relatives trying to kick an adult child out of their house. Often, the caller has already requested that the child leave, only to receive an adamant “no” from the unwelcome person. In one instance, a mother was selling the home that she…

  • Saving for Unfunded Liabilities

    For many years, we have heard our federal and state politicians talk about “unfunded liabilities” of the government.

    An unfunded liability is any liability or expense that does not have sufficient savings or investments set aside to pay for it. The party responsible for paying the unfunded liability pays for it out of current income or savings or by borrowing the funds.

    The risk of an unfunded liability is two-fold:

    1) The payee may not receive payments which they are entitled to

    2) The payer may experience financial stress

    Although the government must address these issues in the coming years, we often overlook the fact that these issues may also extend into our personal lives.

    In our 20s, an unfunded liability might be an unexpected repair that could require using our savings or borrowing from our credit card.

    Later in life, unfunded liabilities can be more serious. For some, a health crisis could result in unexpected and unaffordable medical expenses.

    While the unfunded liabilities of the government may seem overwhelming, establishing a regular personal savings plan and investing wisely can help alleviate the burden of personal unfunded liabilities. Consulting a financial professional can assist you with evaluating and managing your portfolio to help mitigate your personal exposure.

    LEE FINANCIAL GROUP HAWAII, INC.
    808-988-8088 | info@leehawaii.com
    www.leehawaii.com

    For many years, we have heard our federal and state politicians talk about “unfunded liabilities” of the government. An unfunded liability is any liability or expense that does not have sufficient savings or investments set aside to pay for it. The party responsible for paying the unfunded liability pays for it out of current income…

  • Pay Medicare Supplements With SPIA

    With rising health care costs, many Medicare participants use Medicare supplement insurance to help cover expenses that Medicare does not.

    However, many still struggle to pay the premiums for their Medicare supplement insurance. Surprisingly, another insurance product — one that can guarantee a monthly income stream — might be the solution. A single premium immediate annuity — or a SPIA — can guarantee a source of income for life in exchange for a lump sum premium payment.

    SPIAs are the only product that can guarantee that you won’t outlive your savings and offer financial security for living a long life.

    Here’s how it works:

    1. Purchase a Medicare supplement policy with help from a licensed insurance agent.

    2. Your financial advisor can help you purchase a SPIA with a payout that will cover your Medicare supplement premium and other expenses.

    There’s no guarantee you can completely fund the premiums throughout the duration of your SPIA policy. But an SPIA can help keep your Medicare supplement policy in force by providing a guaranteed income.

    MUTUAL OF OMAHA, HAWAII DIVISION OFFICE
    1600 Kapiolani Blvd., Ste. 1200, Honolulu HI 96814
    Garrett Wheeler | 808-942-8133 ext.248
    garrett.wheeler@mutualofomaha.com
    www.mutualofomaha.com
    Investment advisory products and services are made available through Mutual of Omaha Investor Services, Inc., a Registered Investment Advisory Firm. Member FINRA/SIPC.

    With rising health care costs, many Medicare participants use Medicare supplement insurance to help cover expenses that Medicare does not. However, many still struggle to pay the premiums for their Medicare supplement insurance. Surprisingly, another insurance product — one that can guarantee a monthly income stream — might be the solution.

  • A Heartfelt Operating Manual

    How nice would it be if your child was born with an operating manual? There are many parenting books out there, but none that are specifically made for your child. The obvious reason for this is because the only person who can write an operating manual for a child, is the person who is raising the child.

    This idea really hits home for clients who have a minor child or a child with a disability and are concerned about who is going to love and raise him or her if they are no longer here. In this case, the most important estate planning document is the will. The will allows parents to appoint a guardian for their child if they are no longer able or alive to care for them.

    However, establishing a will alone is insufficient. It does not tell the guardian about the child or about how to love and raise him or her.

    To supplement the will, our nonprofit, the Heartfelt Legacy Foundation, created a memorandum entitled A Heartfelt Operating Manual. We recommend our clients fill out this memorandum to provide guidance to the appointed guardians in respect to specific child-rearing practices, and important choices and wishes regarding their child’s care — it also serves as a tool for parents to use in discussions with their guardian. The will, the memorandum and a conversation will prepare the guardian to provide what you wish — the best care possible.

    HEARTFELT LEGACY FOUNDATION (501(c) 3 nonprofit)
    Stephen B. Yim, Attorney at Law
    2054 S. Beretania St., Honolulu HI 96826
    808-524-0251 | www.stephenyimestateplanning.com | www.heartfeltlegacyfoundation.com

    How nice would it be if your child was born with an operating manual? There are many parenting books out there, but none that are specifically made for your child. The obvious reason for this is because the only person who can write an operating manual for a child, is the person who is raising…

  • What Is a POLST & Do I Need One?

    A POLST is a special document in which you say what measures should be used to keep you alive. The acronym stands for — Provider Orders for Life Sustaining Treatment. It’s different from an Advance Directive in that it will be followed by emergency personnel before you reach the hospital, provided that they are aware of its existence.

    Emergency medical technicians (EMTs) are required to do whatever they can to restore and stabilize your heartbeat and breathing and take you to an appropriate facility for treatment. They will not read your Advance Directive and try to figure out how it might apply to your situation. But in some cases, resuscitation procedures are not appropriate or wanted.

    A POLST — a medical provider’s order — will be followed by the EMTs. Your Advance Directive will not come into play until you are in the hospital. But depending on what your Advance Directive says, the EMTs may not have followed your wishes by keeping you alive.

    Almost every state has a version of the POLST, but it is known by other names. In New York it is called a MOLST and in West Virginia it is called a MOST. Veterans Administration medical centers use the term SAPO, which stands for State Authorized Portable Order. Whatever the alphabet soup used to name the document, it generally works as described above.

    In Hawai‘i, it’s recommended that you print your POLST on lime green paper so it will be recognizable immediately. The trick is to have your POLST in a conspicuous place in case you need it. You can post a copy near your bed, or you can carry it with you when you leave the house. Just make sure your loved ones know that you have one and where to find it if an emergency occurs.

    Note that the POLST does not have to say “don’t resuscitate me.” It can say the exact opposite if that is your wish. Either way, most people do not need a POLST. However, for someone whose death is imminent and who doesn’t want to risk being kept alive artificially against his or her wishes, a POLST is essential.

    SCOTT MAKUAKANE, Counselor at Law Focusing exclusively on estate planning and trust law. www.est8planning.com 808-587-8227 | maku@est8planning.com

    A POLST is a special document in which you say what measures should be used to keep you alive. The acronym stands for — Provider Orders for Life Sustaining Treatment. It’s different from an Advance Directive in that it will be followed by emergency personnel before you reach the hospital, provided that they are aware…

  • If Your Kids Plan a Later-in-Life Family…

    Many couples are choosing to start families later in life compared to their parents and grandparents. According to the National Center for Health Statistics, the mean age of first-time mothers rose from 25 in 2009 to 26.3 just five years later.* And, increasingly, mothers are waiting to have their first child at age 35 or older. This trend has financial implications. On one hand, parents may be more financially secure and have clear priorities for the future. On the other hand, these parents are closer to retirement, so balancing kids’ expenses with saving can be a juggle.

    If your kids choose to have their first child later in life, here are four key dos and don’ts to help them manage their finances with confidence:

    DO establish a solid financial foundation. Their household expenses will likely increase once they’re paying for childcare, additional checkups at the doctor or dentist and other items for their child. With this in mind, they should consider using the discretionary income they have today to shore up their financial position—prioritize paying off student loans, build an emergency fund (three to six months worth of expenses is a good benchmark) and consider paying more toward their mortgage if they own a home.

    DO boost savings. Creating a habit early of saving for major goals can help maintain savings momentum while they are focused on adapting to their new addition. They should harness the power of compound interest by contributing to their retirement accounts with each paycheck and setting aside funds for major goals, such as an annual vacation or home remodel.

    DON’T prioritize the child’s college education over retirement. Will they be making tuition payments in their final years of work or in retirement? If this is a possibility, it’s imperative that they create a plan to balance saving for both goals right away. The reality is many couples need to push back their retirement date, figure out how to earn additional income with a different job or cut back their travel plans to pay for their child’s education. While it’s understandable that they will want to provide for their child, keep in mind that health, layoffs or other circumstances outside of their control could change their retirement date. Their child has other options to pay for college — including scholarships, loans and work-study programs — that are not available to them if their retirement savings come up short.

    DON’T forget to update the estate plan. Ensuring they have adequate insurance coverage becomes a bigger priority when they have a child in the picture. If your son or daughter (or spouse) were to sustain an injury or pass away prematurely, they would need to ensure that their disability and life insurance coverage will cover their financial commitments and goals. They should also consider purchasing long-term care insurance to cover potential healthcare expenses in retirement.

    It’s exciting to dream and plan for an expanded family. But if your kids want a second opinion on how to juggle their financial priorities, they should meet with a financial advisor.

    MICHAEL W. K. YEE, CFP
    1585 Kapiolani Blvd., Ste. 1100, Honolulu HI 96814
    808-952-1222, ext. 1240 | michael.w.yee@ampf.com
    Michael W. K. Yee, CFP®, CFS®, CLTC, CRPC ®, is a Private Wealth Advisor, Certified Financial Planner ™ practitioner with Ameriprise Financial Services, Inc. in Honolulu, HI. He specializes in fee-based financial planning and asset management strategies and has been in practice for 32 years. Investment advisory products and services are made available through Ameriprise Financial Services, Inc., a registered investment adviser. Ameriprise Financial Services, Inc. Member FINRA and SIPC. ©2019 Ameriprise Financial, Inc. All rights reserved.

    *Mathews, T.J. and Hamilton, Brady E., “Mean Age of Mothers is on the Rise: United States, 2000-2014,” National Center for Health Statistics Data Brief No. 232, January 2016. https://www.cdc.gov/nchs/data/databriefs/db232.pdf.

    Many couples are choosing to start families later in life compared to their parents and grandparents. And, increasingly, mothers are waiting to have their first child at age 35 or older. This trend has financial implications. On one hand, parents may be more financially secure and have clear priorities for the future. On the other…

  • Don’t Be Duped By a Text Message

    There’s been a marked increase in text messages with a spoofed Caller ID that ask the recipient to click on a hyperlink — that’s always the objective of this type of scam. It is their methodology to hijack your device.

    Graphic showing examples of spoofed text messagesTwo Major Risks

    1. The recipient does not know who really sent the message.
    2. The hyperlink may redirect the message recipient to a website where malicious software may compromise the recipient’s cellphone.

    These programs may allow “spying” on your calls and text messages, and stealing personal and financial information and passwords. The program may even take control of the cell phone’s functions, such as the camera and/or microphone.

    Signs of Caller ID Spoofing

    • If the message is written using bad grammar and/or misspelling.
    • The message creates a sense of urgency and demands an immediate response.
    • The Caller ID is not in your address book — a big red flag!

    You should never respond to a text message from an unknown sender.

    Prevention Tips

    • Keep your address book current to include financial services you use regularly.
    • If you receive a text message with a hyperlink, do not click on it until you can determine it is legitimate. Use Google to determine the validity of the web address in the text message. Do the same with the Caller ID of the sender.
    • If neither is legit, do not reply to the sender and/or click on the hyperlink.
    • If it is legit, contact the sender of the message through other means; do not reply to the text message. If it is a company, find its contact phone number and call them to verify that they sent the message.

    THE DEPARTMENT OF THE PROSECUTING ATTORNEY
    1060 Richards St., Honolulu HI 96813
    808-768-7400 | Office hrs: Mon – Fri, 7:45 am – 4:30 pm
    www.honoluluprosecutor.org/contact-us/

    There’s been a marked increase in text messages with a spoofed Caller ID that ask the recipient to click on a hyperlink — that’s always the objective of this type of scam. It is their methodology to hijack your device. Two Major Risks include: The recipient does not know who really sent the message; and…

  • Stealing Home: An Ultimate Betrayal

    The term “stealing home” is associated with baseball. It occurs when a runner is on third base and uses guile, speed and luck to make a dash for home plate to score a run. This usually happens when the runner takes advantage of the pitcher being distracted.

    In the Elder Abuse Unit, however, my team has come to know the term in a different context. We have seen situations when a homeowner literally has had their residence stolen.

    The first time I saw this happen was when I got a call from Mark (story real; names changed) about what his brother, Tony, had done to their mother, Alice. Tony asked if she could co-sign on a loan for him. Given that Tony seemed responsible and had a job, she agreed. The two of them went to an office downtown and Alice was presented with many papers to sign. She didn’t think any more about it, assuming that she would have heard if he defaulted on the loan.

    Years later, when Mark and his mother began to plan her estate, they discovered that Alice was no longer the owner of her house. She had signed it over to Tony without realizing it. Tony even let his mother continue paying the mortgage as to not tip her off to what he had done. Tony committed the felony crime of Theft in the First Degree by Deception. Alice was in such shock over this betrayal of trust that she did not know what to do — and that is when Mark made the call to our office for help.

    I wish I could say that Alice’s story is an anomaly, but I have seen houses being stolen by caregivers using powers of attorney and con men using illegal contracts that promise help with foreclosures and debt, only to instead transfer ownership to these charlatans.

    I have seen families misuse monies from reverse mortgages and adult children draining bank accounts of home equity loans, leaving the parents to face financial uncertainty and foreclosure.

    Your house is the single largest investment you’re likely to make. And the equity in your home (or your actual house itself) is very attractive to others who see it as “free money.” It’s like an amber light at night, attracting mosquitoes, but this time, the bloodsuckers could be family members, or “helpful” friends or even strangers.

    When presented with any legal papers to sign, read them carefully or have someone else look them over. You may feel embarrassed asking to do this, but you will feel even more embarrassed if you lose your house. Also, tell your trusted family members and friends, and bring them along. Swindlers hate questions from protective loved ones. If these papers are so good for you, why keep this deal a secret?

    If you have questions about elder abuse, call or email: 808-768-7536 | ElderAbuse@honolulu.gov

    The term “stealing home” is associated with baseball. It occurs when a runner is on third base and uses guile, speed and luck to make a dash for home plate to score a run. This usually happens when the runner takes advantage of the pitcher being distracted. In the Elder Abuse Unit, however, my team…

  • Spam, Eggs and Rice

    A few years ago, I created the Heartfelt Advance Care Plan booklet to provide my clients with a tool to improve their end-of-life care, to honor their choices and to reduce conflict and guilt among surviving family members. Those who do fill it out usually comment about how difficult yet rewarding it was to complete.

    Asking and answering detailed questions about end-of-life wishes, regardless of how difficult it may be, is tremendously helpful to both the dying and their survivors.

    Photo of eggs, spam and riceFor example, a wife and husband discussed in detail his wishes during his last days, as well as what he would like to see happen after he passed. The husband, who was usually not a humorous man, answered the uncomfortable questions with a sense of playfulness and humor. In response to one of the questions about his last meal, he said he would like spam, eggs and rice — and so she prepared this last meal to enjoy with her family. To onlookers, this may appear to be a rather minor thing. To his family, it was profoundly meaningful.

    After he passed, she followed his instructions and planned the funeral in accordance with his wishes. She was able to carry out his expressed wishes, allowing him to take control of his life, the end of his life and thereafter, through his answers to the hard questions.

    She was able to be by his side during his waning days, fully present and at peace because she knew what he desired during this transitional period of life.

    STEPHEN B. YIM, ATTORNEY AT LAW
    2054 S. Beretania St., Honolulu HI 96826
    808-524-0251 | www.stephenyimestateplanning.com

    A few years ago, I created the Heartfelt Advance Care Plan booklet to provide my clients with a tool to improve their end-of-life care, to honor their choices and to reduce conflict and guilt among surviving family members. Those who do fill it out usually comment about how difficult yet rewarding it was to complete.…

  • HELOC Growth Rate

    In recent years, financial planners have shown the effectiveness of using a reverse mortgage line of credit to supplement a retirement portfolio. But while a line of credit can be a strategic part of a retirement income plan, there are often misconceptions related to how the credit line grows.

    In yet another Forbes article focused on reverse mortgages, *Wade Pfau, Ph.D., CFA, professor of retirement income at The American College, sets the record straight with an in-depth analysis of how a Home Equity Conversion Mortgage (HECM) works, grows and stands to benefit borrowers.

    “The ability to have an unused line of credit grow is a valuable consideration for opening a reverse mortgage sooner rather than later,” Pfau writes. “It is also a detail that creates a great deal of confusion for those first learning about reverse mortgages, perhaps because it seems this feature is almost too good to be true.”

    Pfau speculates that the motivation for the government’s design of the HECM program is based on the underlying assumption that borrowers would spend from their line of credit sooner as opposed to later.

    “Implicitly, the growth in the principal limit would then reflect growth of the loan balance moreso than the growth of the line of credit,” Pfau writes. “In other words, designers assumed the loan balance would be a large percentage of the principal limit.”

    The line of credit, however, grows at the same rate as the loan balance, which if left unused, could become quite large.

    “There was probably not much expectation that individuals would open lines of credit and then leave them alone for long periods of time,” he writes. “However… the brunt of the research on this matter since 2012 suggests that this sort of delayed gradual use of the line of credit can be extremely helpful in prolonging the longevity of an investment.”

    RETIREMENT FUNDING SOLUTIONS
    A Mutual of Omaha Bank Company
    808-234-3117 | percyihara@hotmail.com
    *Pfau, W. (2016, March 1). How Does The Line of Credit For A Reverse Mortgage Work? From http://www.forbes.com/sites/wadepfau Synergy One Lending Inc. dba Retirement Funding Solutions, NMLS 1025894. 3131 Camino Del Rio N 190, San Diego, Calif. 92108. These materials are not from HUD or FHA and the document was not approved by HUD, FHA or any government agency. Subject to credit approval. www.nmlsconsumeraccess.org

    In recent years, financial planners have shown the effectiveness of using a reverse mortgage line of credit to supplement a retirement portfolio. But while a line of credit can be a strategic part of a retirement income plan, there are often misconceptions related to how the credit line grows. In yet another Forbes article focused…

  • When Should I Review My Estate Plan?

    Unless you keep up with critical changes, your estate plan will become ineffective and maybe even become harmful to you and your ‘ohana. What kinds of changes are we talking about?

    Changes to your HEALTH

    If you lose the capacity to sign legal documents, your family may be stuck with an under performing estate plan that cannot be fixed. The general trend of your health and your ability to make decisions will usually not improve over time, so don’t put off updating your estate plan. You should dust it off and talk about it with your trusted advisors at least once a year for as long as you are in your right mind.

    Changes to your ASSETS

    All of your assets must be properly titled in order for your estate plan to work properly. If you have a revocable living trust, just about all of your assets should be owned by your trust. If the status of one major asset changes, your whole estate plan could be thrown off course.

    Changes to your FAMILY SITUATION

    Whenever there is a marriage, divorce, birth or death in your family, you should consider how those events could affect your estate plan. That is unless you are okay with your assets ending up in the hands of someone you would
    prefer did not receive them, such as your ex-son-in-law.

    Changes to your WISHES

    Over time, you will change your mind about who you trust and where you want your assets to go, and your estate plan must reflect those changes. If you do not state your wishes in writing, they will not be carried out.

    Changes to the LAW

    The law has changed dramatically over the past several years, and while those changes have generated uncertainty, they also give rise to opportunities. You will never seize those opportunities if you ignore them. Not only that, but the law will not always change in ways that benefit you and your loved ones. Especially when “bad” changes happen, you need to be on top of them and adjust your estate plan accordingly.

    Review your estate plan at least once a year so you can stay on top of changes and make the updates that could make a huge difference for you and your ‘ohana. Estate planning is an ongoing process, not an event.

    SCOTT MAKUAKANE, Counselor at Law
    Focusing exclusively on estate planning and trust law.
    www.est8planning.com | 808-587-8227 | maku@est8planning.com

    Unless you keep up with critical changes, your estate plan will become ineffective and maybe even become harmful to you and your ‘ohana. What kinds of changes are we talking about?

  • The Key to Financial Advisor Acronyms

    Professionals in many industries tout their education and professional experience as a way to demonstrate their expertise and set themselves apart. The financial industry is a prime example. With almost 200 professional credentials available, advisors can sharpen their ability to serve clients well. If you are searching for a financial advisor and seeking clarity on what the acronyms after each professional’s name means, below is a primer on eight of the most commonly used designations.

    Photo showing financial planning in progressAccredited Estate Planner® — Advisors seek the AEP® designation to learn more about designing an estate plan focused on the accumulation, conservation, preservation and transfer of an estate in a way that also helps individuals achieve their estate and wealth management goals.

    Accredited Portfolio Management AdvisorSM — Individuals who hold the APMA® designation have completed a course of study to learn more techniques to create and maintain portfolios for clients. The coursework includes client assessment and suitability, risk/return, investment objectives, bond and equity portfolios, modern portfolio theory and investor psychology.

    Chartered Advisor in Philanthropy® — The CAP® designation provides professionals in the nonprofit and financial services fields with the knowledge/tools needed to help clients reach their charitable giving objectives while also helping them achieve their estate planning and wealth management goals. The curriculum addresses the advanced design, implementation and management of charitable gift techniques and strategies.

    Certified Divorce Financial Analyst® — The CDFA® designation is growing in popularity because it helps financial and legal professionals support clients going through or managing assets after divorce. Those with this credential are trained to evaluate the tax implications of dividing property, settlement options for dividing pensions, marital property, awarding of child and spousal support and to help determine the financial needs and outcomes for couples after divorce.

    Certified Financial Planner™ (CFP®) and Chartered Financial Consultant® (ChFC®) — Advisors with either or both credentials have studied key financial planning topics in-depth — including risk management, tax planning, retirement and employee benefits, estate planning and insurance — to help develop well-balanced financial strategies for their clients.

    Certified Long-Term Care® — The CLTC® program is independent of the insurance industry and is designed to provide financial service professionals with expertise and tools to address long-term care planning with their clients.

    Certified Retirement Planning CounselorSM — A financial professional seeks the CRPC® credential to learn the finer points of helping clients implement financial strategies to cover pre- and post-retirement needs, asset management and estate planning. Coursework touches on the entire retirement planning process using models and techniques from real client situations.

    A professional’s education background is just one factor to consider when deciding who is right for you. For more designation explanations, check out FINRA’s (a financial service industry regulator) website: www.finra.org/investors/professional-designations.

    MICHAEL W. K. YEE, CFP
    1585 Kapiolani Blvd., Suite 1100, Honolulu HI 96814
    808-952-1222, ext. 1240 | michael.w.yee@ampf.com
    Michael W. K. Yee, CFP®, CFS®, CLTC, CRPC ®, is a Private Wealth Advisor, Certified Financial Planner ™ practitioner with Ameriprise Financial Services, Inc. in Honolulu, HI. He specializes in fee-based financial planning and asset management strategies and has been in practice for 31 years. Investment advisory products and services are made available through Ameriprise Financial Services, Inc., a registered investment adviser. Ameriprise Financial Services, Inc. Member FINRA and SIPC. ©2019 Ameriprise Financial, Inc. All rights reserved. File #2450617

    Professionals in many industries tout their education and professional experience as a way to demonstrate their expertise and set themselves apart. The financial industry is a prime example. With almost 200 professional credentials available, advisors can sharpen their ability to serve clients well. If you are searching for a financial advisor and seeking clarity on…