Dow Jones Adviser-Reworking a Plan that Doesn't Work
For a piece in Dow Jones Adviser I discussed that in some situations keeping things simple makes sense financially:
This simpler arrangement meant fewer account statements, better tax efficiency and, most important, a financial plan that was more in line with the client's goals.
"He started out doing the right things, but in the wrong places," says Schmansky. "Most people know they need to save and diversify. But they're not sure how to assemble all the pieces of their financial puzzle in a coherent way."