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Author Archives: Stephen Rischall

About Stephen Rischall

Stephen is an award winning fiduciary financial advisor. He began learning to invest at the age of 13 and helped manage the University Corporation Student Investment Fund while studying finance in college. Stephen has been featured as the financial expert for millennials on live radio and in the news. He is an avid adventurer and is passionate about helping people make smarter financial decisions.

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Fiduciary Education Better than Regulation

There’s been a lot of buzz in the media again lately about the DOL Fiduciary Rule. In large part, it seems people are concerned by the Trump administrations announcement to do away with it. Unfortunately, politics as usual, is getting … Continue reading

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Which is better, a Traditional or Roth IRA?

Let’s start with the basics. IRA stands for Individual Retirement Account and just about anyone can open one. In order to contribute to an IRA you must have earned income. Traditional IRAs and Roth IRAs have many similarities, but there … Continue reading

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Achieving Goals in 2017 the SMART way

It just happened again, 2017 is here and just like last year it seems that time is passing by faster and faster. If you haven’t already, take a moment to reflect on where you were the beginning of last year. … Continue reading

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We Treat Money like the Election… it’s Over

Ever realize how emotions can get the best of us? Results from the recent United States Presidential Election surprised the world and left many Americans in shock. Going into election day polls, media, bookies and the stock market indicated an … Continue reading

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Yes, There Really is a National Financial Planning Month

Did you know October is national financial planning month? Probably not, but hopefully the title gave that away. Someone much wiser than I once said “a goal without a plan is just a wish”, and they were right! When asked, … Continue reading

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Halftime Report 2016

As we enter into the second half of the year, our economy has been following a similar pattern as it has in the previous couple of years – a disappointing first quarter leading into a seemingly better second quarter. While … Continue reading

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Not Motivated by Money

The other day I was meeting with a successful entrepreneur at his office, we had a great conversation about business and marketing. He’s a sharp guy and you can tell he has a lot of great stories, but then, midway … Continue reading

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Why the Financial Industry is Still Broken

I’ve been investing in the stock market since I was 13 and began working in financial services during my junior year of college. I’ve experienced the tech boom and bust, a real estate bubble, the great recession, and the largest … Continue reading

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The Road After Graduation

For years our parents told us “get good grades” and “do your homework”, we were lead to believe that would get us into a good college. Then we completed college applications, applied for student loans and went on awkward road … Continue reading

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First Quarter Recap: 2016

When it comes to investing, patience is a virtue. If you don’t believe that, take a look at the major swings in the stock market from January through the end of March, then read some of our posts from earlier … Continue reading

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KNX 1070 Money Hour Interview: Millennials and Saving for Retirment

According to a new USA Today report millennials will have to save at least $1.8 million dollars to sustain their quality of life through retirement. KNX 1070 Money Hour hosts Frank Mottek and Charles Feldman interviewed Stephen Rischall, co-founder and … Continue reading

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File Jointly or Not?

For many married couples, filing a joint tax return is a good idea, but there are exceptions. In fact, over 90% of married couples file a joint federal tax return. Filing jointly can be convenient and often times there’s a … Continue reading

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Tax Planning for the Self-Employed

For some, self-employment is the American dream. An opportunity to be your own boss, to maintain a flexible work schedule, and oh yes, to establish a lifelong relationship with your accountant and other financial professionals. While there’s plenty of upside … Continue reading

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Vehicles for Retirement Savings

It’d be nice to have retirement GPS but they won’t be adding that to Google Maps anytime soon. America’s largest generation–the baby boomers–are lost and it’s going to have an impact on their retirement. If there’s anything younger generations should … Continue reading

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What’s up with the Stock Market?

January proved to be a difficult month for stocks. As a matter of fact, the first ten trading days of 2016 were the worst ever recorded to start a new year. Adding salt to the wound, the S&P 500 just … Continue reading

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A Rough Start for Stocks in the New Year

The stock market started the year with one of its worst debuts ever, basically the exact opposite of the new Star Wars movie. We just ended a lackluster 2015, slightly down for the S&P 500, and some investors are jittery. … Continue reading

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SMART Goals for the New Year!

It’s New Year’s Day and I called up my mom to say hello for the first time this year. We started talking about “resolutions”, and she brought up a good point that, “making a New Year’s resolution is just a … Continue reading

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Raised the Rate

After years of waiting it finally happened. Christmas came early as the federal funds rate increased by a quarter of a percentage point +0.25% yesterday, ending an unprecedented seven year period in which it was held near zero. The Federal … Continue reading

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6 Financial Thoughts for Year-End

For some reason the end of a year makes us think about things we need to take care of and good habits we want to develop. In preparation for the end of 2015 here are 6 key financial considerations to … Continue reading

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Terrorism and the Stock Market

It was the most devastating terrorist attack in Europe since 2004, rattling world governments and investors alike. The French government closed the nation’s borders and placed thousands of soldiers on the streets in major cities as it reacted to the … Continue reading

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Millennials in LA are Stressed about Money

I’m a millennial (born between early 1980’s to early 2000’s), the generation developing a reputation of being lazy, technology dependent and pop-culture obsessed. Embarrassingly most of my peers admit to knowing more about food, music and sports than they do … Continue reading

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Dealing with Sudden Retirement

What if you were laid off and forced to retire early? If that happens tomorrow how would you respond? Are you prepared for retirement to start sooner than you anticipated? If you find yourself in this situation the first thing … Continue reading

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The Ugly Truth a Letter to Policymakers

Today we sent letters to over a dozen federal policymakers including our local California representatives; Senator Barbara Boxer, Senator Dianne Feinstein and Congressman Brad Sherman. You can read the full letter here. As a financial industry insider I can tell … Continue reading

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Keeping Market Volatility in Perspective

Summer has been anything but calm on Wall Street. Volatility is back in a big way and we haven’t experienced a downturn in equity markets this sharp since the financial crisis more than six years ago. While no one likes … Continue reading

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Business Advocacy Meeting at City Hall

Many of our clients are small business owners just like us, so when we received an invite from the United Chamber of Commerce to attend a Business Advocacy Meeting at City Hall we gladly accepted. We were curious to learn … Continue reading

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