Pasadena, CA (PRWEB) September 25, 2015
Marlin Smith, and his team of wealth managers, was recently featured in Worth Magazine’s Leading Wealth Advisors section.
Mr. Smith’s profile included his essay, “How can I keep my retirement funds intact if there is another downturn?” In it, Smith writes that taking withdrawals from retirement accounts only exacerbate the effect of poor market performance in down years. Withdrawals during downturns in the initial years of retirement are especially devastating, even with the usual volatility and downturns. Traditionally, diversification may help smooth over some of those down years.
Marlin went on to suggest that one strategy for protecting against market volatility is to include cash-value life insurance within retirement plans. Most advisors use a mixture of equity and fixed income as a diversification tool for portfolios. However, timing tax-free withdrawals and loans from the cash value in a life insurance policy may help investors avoid locking in losses in their primary retirement accounts. This gives individuals time to recover.
Don Bizub, CEO of Western International Securities, commented that “Marlin’s essay provides an innovative approach to helping clients protect their retirement funds during difficult times.”
Western International Securities is among the largest independent broker/dealers clearing through J.P. Morgan Clearing Corp. Through its clearing agreement with J.P. Morgan Clearing Corp. and Pershing LLC, Western is able to provide its Advisors with the financial services and support they need to grow their business. Established in 1995, the firm is headquartered in Pasadena, CA and maintains offices nationwide.
The Worth Leading Wealth Advisors Program is an integrated marketing platform for wealth, legal, and insurance advisors nationwide. Advisors who apply for admission in the program are vetted by Worth and experts at Paladin Registry to help ensure advisor quality. In order to be considered, professionals must be willing to provide complete and full disclosure to investors so that analysts can thoroughly screen and evaluate their credentials, ethics, and business practices. Once admitted, advisors pay a fee to be included. For more information, please contact leadingwealthadvisors(at)worth(dot)com.
For more information, please contact Ecri Gutierrez at ecri(at)wisdirect(dot)com or 888-793-7717. Western International Securities, 70 South Lake Avenue, Pasadena, CA 91101, http://www.wisdirect.com. Member FINRA and SIPC.