Firm:
Evidence Advisors Investment Management
Job Title:
CCO/Managing Member
Biography:
Wyatt A. Moerdyk is an Accredited Investment Fiduciary® and founder of Evidence Advisors Investment Management. Wyatt has twelve years of experience providing financial planning and investment advice. Also, as a former educator he truly has the “heart of a teacher”, and takes great care in providing clients with an understanding of investing. Wyatt is committed to upfront, transparent, and reasonable pricing and following a fiduciary standard of care.
At Evidence Advisors, LLC, Wyatt and his team provide their clients with discretionary investment management services. Their focus is primarily on building passively managed or index fund portfolios that are customized to meet their clients’ level of risk. Their investment strategies are strongly based upon the academic research of leaders in the field of finance. Evidence Advisors, LLC takes an “evidence based” approach to investment management. Wyatt believes that there is a significant body of scientific evidence that can be applied to practical investing.
Wyatt and his team also provide asset management and financial planning services to individuals, high net worth individuals, trusts, estates, corporate pension and profit-sharing plans, charitable organizations, foundations, endowments, corporations and small businesses. They are committed to the precept that by placing the client’s interests first, they will add value to the asset management process and earn the client’s trust and respect. Wyatt values long term relationships with his clients whom he regard as strategic partners in his business.
CRD Number:
4644751
Disclaimer:
Investment advice provided through Evidence Advisors, LLC a Registered Investment Advisor firm.
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About Evidence Advisors -
The Flat Fee 401(k)
Yes, you can sell or buy stock by yourself. You simply open an account online with a company like Charles Schwab, Fidelity, TD Ameritrade, Scottrade, E-trade (these are just examples, not recommendations, there are many other places to open a brokerage account.) After opening your account, you will deposit money usually by linking your checking account, and then you're ready to use that money to buy the stock you want.
However, do not equate the ease of opening an account with the ease of making good investment decisions. The fact that you are "new to this" is a huge red flag. I highly recommend you speak to a qualified advisor before making your first investment purchase.
Also, if there was only one book I could recommend to a new investor it would be The Intelligent Investor by Benjamin Graham.
Smart investing can be highly satisfying so take it slow, do your research, and seek out an advisor that has your best interest in mind.
Hope that helps, and happy investing!
Both terms could actually be defined very broadly, and I am sure financial professionals could come up with many differences between the two. Here are the basics in my view.
Investing is the act of owning something, it could be an individual stock, a mutual fund, a property, or anything else you feel has less value today than you think it will in the future. Trading is the actual transaction that occurs when you buy or sell investments. If you are an investor, typically it means you are a person who is holding on to something for the purpose of earning a profit when the value increases. If you are a trader, then you are the person creating transactions. You are buying or selling the investments for yourself or others. Traders could be viewed as attempting to take advantage of short term market swings, while investors could be said to take a more long term approach.
Hope that defines it for you. Happy investing. . .or should I say trading? Your choice.
Wyatt A. Moerdyk, AIF®
Managing Member
Chief Compliance Officer
Accredited Investment Fiduciary®
10004 Johns Road
Boerne, TX 78006
Office: 210-591-1170
Email: [email protected]
Investment Advisory Services offered through Evidence Advisors, LLC, a registered investment advisor. Investopedia, LLC and Evidence Advisors, LLC are not affiliated.
In addition to the previous answers, note that a direct rollover to a personal Roth IRA would allow you to remove the contributions from the account without penalty or taxes. This is an important question, because withdrawal rules for Roth 401(k) accounts are not the same as individual Roth IRA accounts. Therefore, make sure to consult your tax professional before making indirect or direct rollovers and withdrawals.
This is the age old question isn't it? How do I get a return without taking any risk? Most of us just don't like the honest answer. . .you can't. However, let's talk about what you can do. Here are a few ideas and the risk associated with each.
1) 12 different savings accounts. You will earn next to nothing but will have the FDIC on all the money. (Most people wouldn't do this, and I am guessing neither would you, but it is the only way to not have risk to principal).
2) CD's. You could purchase a series of CD's with different maturities. You will not get the 5% you are looking for, but there is limited risk. The downside is they are not liquid.
3) Fixed Annuity (not fixed index annuities or variable annuities) - I know you have annuities, however there are a few short term fixed annuities out there that offer a higher rate than CD's. Search some highly rated insurance companies to see what they offer.
4) Municipal bond portfolio. Talk with a qualified advisor who can design a laddered municipal bond portfolio for you. The amount of money you are looking to invest will allow you to purchase individual bonds as opposed to bond funds. If interest rates rise and the value of the bonds decreases, you can simply hold them to maturity and get a return of the principal. This strategy is more complicated and there are several risks involved, however an experienced financial advisor who understands municipal bonds should be able to help you with the details.
Lastly, I think you need to be prepared to adjust your expectation for getting a 5% return without taking much risk. That is a very difficult task in the current interest rate environment.
I hope this helps some. Happy investing!
The information below is copied directly from the CFR (Code of Federal Regulations) information provided on the Cornell University Law School website. Read below or access the site here.
(b) Administrative costs are the costs associated with:
(1) Performing general administrative and coordination functions, including:
(i) Accounting, budgeting, financial, and cash management functions;
(ii) Procurement and purchasing functions;
(iii) Property management functions;
(iv) Personnel management functions;
(v) Payroll functions;
(vi) Coordinating the resolution of findings arising from audits, reviews, investigations, and incident reports;
(vii) Audit functions;
(viii) General legal services functions;
(ix) Developing systems and procedures, including information systems, required for these administrative functions;
(x) Preparing administrative reports; and
(xi) Other activities necessary for general administration of government funds and associated programs.
This is just a guide, and does not constitute advice. You should seek the advice of a qualified tax professional.