Episode 57: Should I choose an RIA over a big brokerage firm? This and top 12 client questions explored.

Blue Chip FM

In this episode of Blue Chip Now, hosts Daniel Dusina, CFA®, Matt Mondoux, CFA®, CMT, CFP®, and Dan Seder, CFA®, CMT, CFP® take on twelve of the most common client financial questions in a rapid-fire format. From understanding the differences between RIAs and big brokerage firms, to addressing how investment strategies align with personal financial plans, the trio provides expert insights on a wide range of topics. Tune in as they discuss everything from unrealized gains, dividends, stock market behavior, and when to share financial details with your children.

Watch the full episode here on YouTube

Top 12 client questions:

1. What is the difference between RIA and a big brokerage firm?

2. Can smaller RIAs compete as the industry consolidates?

3. What happens when x-party wins the election?

4. What happens if unrealized gains get taxed?

5. What is your investment strategy?

6. What is the difference between a stock, mutual funds and ETFs?

7. What is a dividend?

8. How much should I have in stocks?

9. Should I buy when the market is high?

10. Why does the stock go down after it beats earnings?

11. How do I know when to sell my stock?

12. At what age should I share my financial situation with my kids?

Key Points From This Episode:

[00:01:01] Differences between RIAs and big brokerage firms, focusing on fiduciary responsibilities and customization.

[00:03:10] Can smaller RIAs compete as the industry consolidates?

[00:05:50] Does the U.S. presidency impact stock market returns?

[00:07:58] The feasibility and potential impacts of taxing unrealized gains.

[00:10:10] Blue Chip's investment strategy: the importance of "time in the market."

[00:12:15] Explaining the difference between stocks, mutual funds, and ETFs.

[00:14:30] Understanding dividends and their role in investment strategies.

[00:16:50] How much should you have in stocks, and the importance of risk tolerance?

[00:18:50] Should you buy when the market is high?

[00:21:10] Why stocks can drop after beating earnings expectations.

[00:23:10] Knowing when to sell a stock and managing risk through diversification.

[00:25:00] At what age should you share your financial situation with your kids?

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