Tag Archives: Financial Advisor

Featured Image

The Problem with Hitting the Government Debt Ceiling (Ep. 80)

Finance, Financial, Financial Planning, Investing, Retirement, , , , , , , , , , , ,

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | Stitcher | TuneIn | RSS | More

Most people don’t know that the government has hit the debt ceiling and the Treasury Department is struggling to balance the finances. What does this mean for the rest of America?

In this episode, Royal Standley explores what it means to hit the debt ceiling and why it is a big deal if there is no solution. He shares how hitting the debt ceiling impacts different levels of individuals, from government bodies to regular consumers, and how it impacts financial planning.

Royal focuses on:

  • What debt ceiling is and why was it created
  • Conservative versus Liberal viewpoints on the amount of debt owed by the government
  • What could be a resolution with two conflicting parties
  • What can listeners do with their own finances to guard against this type of scenario
  • And more

Connect with Royal Standley:

Discussions in this show are for educational purposes only. Information presented should not be considered specific investment advice or a recommendation to take any particular course of action.  Always consult with a financial professional regarding your personal situation before making financial decisions. The views and opinions expressed are based on current economic and market conditions and are subject to change.  All investing involves risk, including the potential for loss of principal.  Securities offered through United Planners Financial Services (UP), Member FINRA/SIPC. Advisory Services offered through Oregon Pacific Financial Advisors, Inc. (OPFA). OPFA & UP are independent companies. Neither OPFA nor UP offers tax or legal advice.

Featured Image

2023 So Far: Analyzing Common Concerns and Trends (Ep. 78)

Finance, Financial, Financial Planning, Investing, Retirement, , , , , , , , , , , , , , , ,

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | Stitcher | TuneIn | RSS | More

During the first few months of this year, there has been a lot of news causing financial uncertainty and impacting the country’s economy.

Is the rise of the Chinese Yuan something we should be concerned about? What movements are we seeing in the stock and bonds markets? Is it a good idea to invest in precious metals to cope with uncertainty?

In this episode, Royal Standley analyzes the topics that have stood out the most in the first part of the year and those that have also generated panic and uncertainty in the market. Royal talks about the importance of planning and organizing our wealth during advanced ages of life, the current situation of the uncertainty of the US dollar with the rise of the Yuan, and the actuality in the stock and bonds markets.

Royal discusses:

  • Common concerns related to the banking system, currency, and national debt
  • An increase in dementia diagnosis and the need for planning and having conversations about long-term care early on as cognitive decline is a natural part of aging
  • The concern about the potential impact on the US economy if the Yuan were to rise and the US dollar were to fall
  • Why individuals should be cautious when buying precious metals as a way of coping with the currency uncertainty
  • How social media only covers panic in the markets and ignores factors that create stability
  • The current state of the stock and bond markets
  • The importance of having a diversified portfolio
  • And more!

Connect with Royal Standley:

Discussions in this show are for educational purposes only. Information presented should not be considered specific investment advice or a recommendation to take any particular course of action.  Always consult with a financial professional regarding your personal situation before making financial decisions. The views and opinions expressed are based on current economic and market conditions and are subject to change.  All investing involves risk, including the potential for loss of principal.  Securities offered through United Planners Financial Services (UP), Member FINRA/SIPC. Advisory Services offered through Oregon Pacific Financial Advisors, Inc. (OPFA). OPFA & UP are independent companies. Neither OPFA nor UP offers tax or legal advice.

Featured Image

How Financial Advisors Plan Through the Client’s Life Journey (Ep. 77)

Finance, Financial, Financial Planning, Investing, Retirement, , , , , , , , , , ,

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | Stitcher | TuneIn | RSS | More

As you move through life your financial situation changes. Maybe you change careers, start a family or experience a life-changing situation. No matter what happens, a financial advisor can help you stay on track.

In this episode, Royal Standley explores the relationship between advisor and client through the planning process. Royal shares a story to illustrate the process from the first meeting through planning for retirement and eventually bringing in the next generation as the client nears the end of their life.

Royal discusses:

  • The story of how one client came to the company
  • How advisors provide direction for the client’s financial plan based on their wants and needs
  • The next step of planning at the end of the client’s life
  • Why speaking with a financial advisor helps clients turn their ideas into reality
  • And more

Connect with Royal Standley:

Discussions in this show are for educational purposes only. Information presented should not be considered specific investment advice or a recommendation to take any particular course of action.  Always consult with a financial professional regarding your personal situation before making financial decisions. The views and opinions expressed are based on current economic and market conditions and are subject to change.  All investing involves risk, including the potential for loss of principal.  Securities offered through United Planners Financial Services (UP), Member FINRA/SIPC. Advisory Services offered through Oregon Pacific Financial Advisors, Inc. (OPFA). OPFA & UP are independent companies. Neither OPFA nor UP offers tax or legal advice.There is no guarantee that any statements of future expectations will come to fruition. All information presented is collected from sources believed to be reliable, but may not be guaranteed.

Featured Image

Building a Home Out of Roadblocks with Michele Farrell (Ep. 76)

Finance, Financial, Financial Planning, Investing, Retirement, , , , , , , , , ,

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | Stitcher | TuneIn | RSS | More

After joining Oregon Pacific Financial Advisors over a year ago and with over 20 years of experience in the financial planning and insurance space, Michele Farrell has dug her roots in the industry by connecting with other professionals such as CPAs, estate planning attorneys and insurance professionals. 

From picking herself up off her feet after a sudden death in her family, she was able to turn that despair into a learning moment by understanding their insurance needs and how she could help her loved ones move forward. 

In this episode, Michele discusses:

  • What motivated her to become a financial planner and her prior experience in this industry
  • Some key differences that set her apart from other financial advisors
  • Her story of empowering women and becoming a significant leader among women in this industry
  • Her approach to aiding and guiding clients through their financial lives 
  • And more

Connect with Michele Farrell:

Connect with Royal Standley:

About Michele Farrell:

Michele’s passion and mission is to lead, inspire and educate women about financial literacy; to provide the tools necessary to lead a life of financial freedom. By helping women understand how money works, they can grow, protect their nest egg and leave a legacy for generations to come. Women gift so much to the world and yet so often are overlooked when it comes to financial planning. Through her educational approach, she empowers women to protect their dreams and live their purpose. 

Michele’s work was recognized by the Los Angeles Tribune in 2020 as Financial Advisor of the Year “…for consistently putting the well-being of the community and her clients as her top priority.” She continues this work because she believes you deserve the absolute best when it comes to your hard-earned money, and should accept nothing less.

–

Discussions in this show are for educational purposes only. Information presented should not be considered specific investment advice or a recommendation to take any particular course of action.  Always consult with a financial professional regarding your personal situation before making financial decisions. The views and opinions expressed are based on current economic and market conditions and are subject to change.  All investing involves risk, including the potential for loss of principal.  Securities offered through United Planners Financial Services (UP), Member FINRA/SIPC. Advisory Services offered through Oregon Pacific Financial Advisors, Inc. (OPFA). OPFA & UP are independent companies. Neither OPFA nor UP offers tax or legal advice.

Featured Image

How to Find the Right Advisor for Your Planning Needs (Ep. 75)

Finance, Financial, Financial Planning, Investing, Retirement, , , , ,

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | Stitcher | TuneIn | RSS | More

Financial planning designations are an alphabet soup of letters that aren’t always explained. How do you choose the right advisor for your planning needs?

In this episode, Royal Standley focuses on what the different designations mean, both for the advisor’s education and for the clients looking to find the right advisor. Royal explores how having more designations isn’t always the best option for providing great advice or time management.

Royal discusses:

  • What the different titles for financial advisors mean for the services they provide
  • Why finding a focused advisor rather than an advisor with multiple licenses can provide a better planning experience
  • The importance of transparency between the client and their advisors
  • How the advisor’s education impacts the way they advise their clients

Resources:

Connect with Royal Standley:

Discussions in this show are for educational purposes only. Information presented should not be considered specific investment advice or a recommendation to take any particular course of action.  Always consult with a financial professional regarding your personal situation before making financial decisions. The views and opinions expressed are based on current economic and market conditions and are subject to change.  All investing involves risk, including the potential for loss of principal.  Securities offered through United Planners Financial Services (UP), Member FINRA/SIPC. Advisory Services offered through Oregon Pacific Financial Advisors, Inc. (OPFA). OPFA & UP are independent companies. Neither OPFA nor UP offers tax or legal advice.

Featured Image

69. Q&A on Financial Planning

Finance, Financial, Financial Planning, Investing, Retirement, , , , , , ,

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | Stitcher | TuneIn | RSS | More

If you are just starting your financial planning or preparing for retirement, there are always questions on what to do and how to prepare your financial future.

In this episode, Royal Standley answers some of the financial planning questions sent in by you. He dives into some of the uncertainties clients feel during the financial planning process to help you live a relaxing retirement.

Royal discusses:

  • When you should involve a financial advisor
  • How to utilize FINRA’s BrokerCheck when finding the best advisor for you
  • The difference between Roth IRAs and traditional IRAs
  • The basics of retirement planning
  • And more

Resources:

Connect with Royal Standley:

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

Withdrawals from a Traditional IRA prior to age 59 ½ will be subject to ordinary income tax and may also incur a 10% penalty tax unless an exception applies.

Contributions to a Roth IRA are subject to income limitations. You may take nontaxable withdrawals from a Roth IRA if you are at least 59 ½ and the account has been held at least 5 years. Otherwise, earnings withdrawn may be subject to ordinary income tax and a 10% penalty.

Featured Image

67. Simplifying Financial Planning

Finance, Financial, Financial Planning, Investing, Retirement, , , , , ,

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | Stitcher | TuneIn | RSS | More

Everyone has heard the term financial planning over and over again. But do you truly understand financial planning as a whole? 

In this episode, Royal Standley shares what financial advising truly is, diving into what to look for as a client and the steps a financial advisor takes to create a financial plan. He reveals some of the fears and worries of clients, how financial advisors create a personalized financial plan, and identifies the next steps after a plan is put in place.

Royal discusses:

  • How to determine if a financial advisor will focus on you
  • Existing worries and fears of clients
  • How financial advisors reduce risk when faced with uncertainty
  • The steps after creating the financial plan
  • And more

Connect with Royal Standley:

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.