Firm Update/ One thing to ask...

Folks,

Some firm background, and one thing to ask of you.

One Day In July has grown rapidly:

  • Our assets under management are now just under $400 million.
  • We have 14 advisors and employees.
  • We have clients in 29 states (aiming for 50).
  • We service clients across a broad spectrum of life, wealth, and personality type. :)
  • We also set up and advise 401k / 403b plans.
  • We're a finalist for the Family Wealth Report multi-family office award. (1)

Something most people don't know about the firm: we have an impressive in-house software team. They have been building all kinds of tools for us internally, but over the past 8-9 months they have been ramping up projects which, hopefully by summer, will be useful for our clients. Some of the early prototypes are just incredible and they will only be accessible by One Day In July clients, as it's all proprietary software.

The director of that group, Jeffrey, hasn't cut his hair in a while and is starting to look a lot like Jesus. This is oddly comforting when talking to him on Zoom in a pandemic.


Those of you who know me know there are two categories of financial product that I view as particularly bad:

  • Annuities
  • Whole Life Insurance

Three other categories that are worth examining are:

  • Bank CD's
  • Too much cash
  • Pension rollovers

If you are a client, and you have any of these products, this is a good time to contact your Advisor and have a review done. Especially if someone sold you an annuity or whole life insurance, now could be a good time to unwind that and move on. Opportunity cost must be considered in investing.


I believe completely in what we are doing. The financial industry has preyed on the American public for far too long, using "relationships" as a cover for fees and frequent underperformance.

Whether you've been with us from the early days or just joined, thank you for being a part of this.

Dan Cunningham

1. Family Wealth Report award description is here.

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DIFFERENTIATORS
GETTING STARTED
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Understanding Your Financial Statement
Articles by Dan Cunningham
Investing with Low Cost Index Funds
Pay Yourself First
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One Day In July in the Media
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SERVICES
Types of Accounts We Manage
Options for Self-Employed Retirement Plans
Saving Strategies
What to do When Receiving a Pension
Investment Tax Strategy: Tax Loss Harvesting
Vermont Investment Management
How to Invest an Inheritance
Investment Tax Strategy: Tax Lot Optimization
Vermont Retirement Planning
How to Make the Best 401k Selections
Investing for Retirement: 401k and More
Vermont Wealth Management
How to Rollover a 401k to an IRA
Investing in Bennington, VT
Vermont Financial Advisors
Investing in Albany, NY
Investing in Saratoga Springs, NY
New Hampshire Financial Advisors
INVESTING THOUGHTS
Should I Try to Time the Stock Market?
Mutual Funds vs. ETFs
Inflation
The Cycle of Investor Emotion
Countering Arguments Against Index Funds
Annuities - Why We Don't Sell Them
Taxes on Investments
How Financial Firms Bill
Low Investment Fees
Retirement Financial Planning
Investing in a Bear Market
Investing in Gold
Is Your Investment Advisor Worth One Percent?
Active vs. Passive Investment Management
Investment Risk vs. Investment Return
Who Supports Index Funds?
Investing Concepts
Does Stock Picking Work?
The Growth and Importance of Female Investors
Behavioral Economics
The Forward P/E Ratio

Vergennes, VT Financial Advisors

206 Main Street, Suite 20

Vergennes, VT 05491

(802) 777-9768

Wayne, PA Financial Advisors

851 Duportail Rd, 2nd Floor

Chesterbrook, PA 19087

(610) 673-0074

Burlington, VT Financial Advisors

77 College Street, Suite 3A

Burlington, VT 05401

(802) 503-8280

Middlebury, VT Financial Advisors

79 Court Street, Suite 1

Middlebury, VT 05753

(802) 829-6954

Hanover, NH Financial Advisors

26 South Main Street, Suite 4

Hanover, NH 03755

(802) 341-0188

Rutland, VT Financial Advisors

734 E US Route 4, Suite 7

Rutland, VT 05701

(802) 829-6954


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