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.

Market Volatility

February 11, 2016 | posted in: Blog, Financial Insights | by

Many of you are understandably concerned about the current volatility we are experiencing in equity markets. As my staff and I continue to reach out to review your particular situations with you, I want to convey a general message regarding how I feel about current conditions.

Chart Shows Why Portfolios Must Be Well Diversified…

February 4, 2016 | posted in: Blog, Financial Insights | by

Whatever you call it, Quilt Chart, Jelly Bean Chart, Periodic Table Chart, etc., our favorite chart (now updated through 2015) clearly highlights why you can’t chase the top performing investments or sectors. It shows how the strongest investment performers change from year to year, underlining the importance of sticking with a well diversified portfolio allocation.

LPL Forecasters Still Favor Bull Market And No Recession

January 28, 2016 | posted in: Blog, Financial Insights | by

The Five Forecasters still favor the continuation of the current bull market and no recession. The Five Forecasters, which we first introduced in 2014, are five indicators that, collectively, have historically signaled the increasing fragility of the U.S. economy and a transition to the late stage of the economic cycle and an oncoming recession.

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.