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Category Archives: News

Can I Pay Off One Credit Card with Another?

A recent phone call from a friend asking a question for another friend prompted my consideration as to the ins and outs of whether one credit card can be paid off with another credit card. My immediate thought was, well … Continue reading

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Five Star Wealth Manager Award – Matt Stadelman

Five Star Professional Honors Matt Stadelman of 1080 Financial Group with the 2017 Five Star Wealth Manager Award Award winners represent a select group of wealth managers in the Los Angeles area.   Sherman Oaks, CA – Five Star Professional … Continue reading

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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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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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Let the Holidays Begin

As the new year approaches, it can bring up a lot of anxiety around impending holidays and all the “extras” this time of the year involves. Think about it – there’s extra food, extra or new clothes, extra events, extra … 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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Holiday Cooking and Feasting

If you are like me, you are already thinking about the big dinners that are ahead for the holidays.  Thoughts are running around in your head about who will be at your table, what you will serve up, and how … Continue reading

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Going to College? File your FAFSA now!

If you are planning to enter college in the next year and you also want to learn what financial aid options are available to you and your family, you MUST get busy and complete the Free Application for Student Aid … 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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Credit Report vs Credit Score

Credit report or credit score, which is more important? Most consumers don’t understand the difference between a credit report and a credit score, so here’s the low down… A credit report is a compilation of bits of data that are constantly … Continue reading

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Robo Technology to Upend Wealth Management Industry

A new survey released by Investopedia, the web’s premier source of trusted financial content, reveals that financial advisors in the U.S. are increasingly incorporating robo-advisory services – automated, algorithm based wealth management advice – and similar new technologies into their … 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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40 Under 40 Top Young Advisers

InvestmentNews recognizes Los Angeles’ top young financial adviser Stephen Rischall, Co-Founder at 1080 Financial Group, as one of its 40 Under 40 honorees. Stephen was selected from more than 800 nominations based on his accomplishments, leadership, and contributions to the financial advisory … 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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Smart Credit & Debit Tips

Recently credit card companies across the United States have adopted the use of security chip technology to replace the outdated, less secure, magnetic swipe system. Historically, most credit card companies have been good about taking responsibility and resolving fraud, but … Continue reading

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LA Times features 1080 Financial Group

“If you’re trusting someone with your financial decisions, they should have your best interest first.” -Stephen Rischall   1080 Financial Group was interviewed by Jim Puzzanghera, an award winning business journalist for his coverage of the financial crisis in the Los Angeles Times. In … 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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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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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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Changes to Social Security and you

If you were born in 1954 or later Social Security rules just changed. There was no public debate because it was tacked onto an emergency bill to help avoid a U.S. debt default and government shutdown. Quietly, legislators took away … 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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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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