In The News

Time for a replay!

December 9, 2016 | posted in: Blog, Financial Insights, In The News | by

Austin Frye’s take on football & investing in gets picked up by Investopedia.com! It’s football season, people, and that translates to millions of eyeballs fixated on the gridiron. “After watching football over so many years, I have actually found there are many important commonalities between achieving success on the field and working towards achieving success with financial goals. Here are eight key investment and financial lessons I’ve learned from watching football that you can use to work towards financial independence: 8 strategies for success that football shares with Investing!

Austin Frye Quoted in Piece on Tips for Buying a Kentucky Derby-Winning Racehorse

May 12, 2016 | posted in: Blog, Financial Insights, In The News | by

            “5 Things to Know Before You Buy a (Future) Kentucky Derby-Winning Racehorse” By: Brad Tuttle Excerpt from article… Owning a racehorse can be a heckuva lot of fun. As an Investment News story put it, casual investors should think of racehorses as “an expensive hobby, not a business venture.” “Don’t expect that you are going to make money, but you may get a great temporary ride,” Austin Frye, principal of Frye Financial Center, said to Investment News. After all, gambling can be thrilling, and when you’re involved in the game on a deeper, more personal level, as with thoroughbred ownership, the stakes are high and the payoff can be especially rewarding. Read full article here.

Austin Frye Interviewed by Bloomberg Business on Breaking Up with Your Financial Advisor

April 8, 2016 | posted in: Blog, Financial Insights, In The News | by

“Breaking up is Hell. Especially With Your Financial Advisor”
By: Suzanne Woolley Excerpt from article: …Advisors can be leery of clients, too. Austin Frye, an adviser in Miami, was introduced to a man at a Christmas party who was very unhappy with his adviser because his portfolio was down for the year. The guy had had a few drinks, and Frye remembers the “veins bulging out on his neck.” “I’m thinking,” said Frye, “I don’t want you as a client.” Early in his career, Frye took on a client who admitted he was ditching his financial adviser because the guy had gained a lot of weight and the client feared it showed a lack of control. Two years later, Frye got a note from the client saying he was going back to his old adviser, and called to ask why. “He lost weight,” the man said. Read the full article.

Austin Frye Interviewed by The Wall Street Journal on the Rise of Postnuptial Agreements

March 28, 2016 | posted in: Blog, Financial Insights, In The News | by

“Why Postnuptial Agreements Are on the Rise”
By: Veronica Dagher     Excerpt from article: …As more couples sign prenups, more are likely to sign postnups later on, attorneys say. When a client of Austin Frye got married, his fiancee decided she liked a thinner version of him. Their prenup provided that the wife was entitled to an extra $150,000 property settlement if the husband weighed over 220 pounds at the time of her divorce petition, the Miami attorney and CERTIFIED FINANCIAL PLANNER ™ says. “Ten years later the clause didn’t seem so cute anymore to the husband,” Mr. Frye says. The wife agreed to drop it. Read the full article.

Austin Frye Interviewed By Reuters On The Rising Concerns Of Retirees

January 26, 2016 | posted in: Blog, Financial Insights, In The News | by

Austin Frye Interviewed By Reuters On The Rising Concerns Of Retirees In a recent interview by Reuters, Austin Frye reflected on the fears some of his retirement age clients have. “They worry about ISIS, rising interest rates, income disparity, European recession, dysfunctional Congress, slowdown in China, and falling commodity prices,” says Austin Frye, a financial planner in Aventura, Florida. “There is, in fact, a lot for them to worry about.”… Of course, in a challenging market climate, such as the one we now find ourselves in,  fears and doubts can become more pronounced. It is precisely at such times, that clients benefit the most from the guidance of a steady handed, experienced financial advisor. Such a trusted professional can guide clients in monitoring the market’s impact on their situations and, most importantly, help ensure that they don’t allow emotional decision making  to derail their planning and finances. Read the full article here.

Austin Frye Interviewed By USA Today On Protecting Your Nest Egg

December 10, 2015 | posted in: Blog, Financial Insights, In The News | by

With many Americans living longer and extending the amount of time they are likely to spend in retirement, a heavier concentration on stocks in their portfolios may now be advisable.