Joe Heider, president of Cirrus Wealth Management, is included in Evie Liu’s Barron’s article discussing bank stock performance amid earnings season. “The banks have been over performing for several years. This simply may be a case of bank stocks getting ahead of themselves. They may be taking a breather at this point and can regain leadership at a later date,” he says.
DOL Fiduciary Rule Ambiguity Mustn’t Derail Quality Client Service
March 23, 2018
Joe Heider, president of Cirrus Wealth Management, is featured in John Manganaro’s PlanAdviser article discussing how the firm has navigated the DOL fiduciary rule. “Part of what has helped us maintain our direction is that, whether or not it is formally written out in the client service agreements, we strive to act as a best-interest fiduciary to our clients. This is crucial for feeling confident in this uncertain marketplace. Particularly when it comes to the parts of the business that touch on 401(k) plans, we will continue to view this as extremely important, come what may with the fiduciary rule,” he says.
Financial Industry Celebrates, Mourns Fiduciary Rule Decision
March 16, 2018
Chris Robbins of Financial Advisor includes Joe Heider, president of Cirrus Wealth Management, in an article discussing the implications of the DOL news about the fiduciary rule. “No matter how this is resolved, most RIAs and advisors have modified their practices in anticipation that the DOL rule would be implemented. There's been many changes and this will have to be resolved to bring uniformity to the industry,” he says.
Cirrus Wealth Management President Joe Heider talks Equities
March 15, 2018
Joe Heider, president of Cirrus Wealth Management, is featured on a TD Ameritrade Network “Morning Trade Live” segment discussing market outlook and what economic and geopolitical factors could impact investors. “Beyond geopolitical factors, what could really stick a thorn in the rally side is if the Fed would raise interest rates unexpectedly, that could be an issue. Although markets have really ignored the whole political turmoil in Washington that could be one of those things. But setting those aside, the overall economics in the U.S. and elsewhere in the world are very strong. Those risks are certainly there but we don’t think they’re going to override the economics,” he says.
Rebecca Lake of U.S. News & World Report includes Joe Heider, president of Cirrus Wealth Management, in an article discussing how savers should consider the timeline for their HSA savings. “It’s a mistake to put in equity when the market is hitting all-time highs and have to pull it out when the market is down,” he says.
How does CD laddering work when inflation is rising?
February 23, 2018
Joe Heider, president of Cirrus Wealth Management, is included in Amanda Dixon’s Bankrate.com article discussing laddering CDs for the short-term. “Laddering makes sense, but as a conservative investor, I would keep it on the short end because there’s not much of a premium pickup to go longer, and if interest rates start rising, they’ll have the opportunity to capture that upswing much faster,” he says.
Rebecca Lake of U.S. News & World Report includes Joe Heider, president of Cirrus Wealth Management, in an article discussing investing needs versus wants for retirement. “The advantage of dividing income streams is that it insulates against risk while still providing flexibility. When an investor uses a portion of assets to create guaranteed income, that income is independent of what the economy or markets are doing,” he says.
U.S. Stocks Pare Gains After Mueller Probe Indictment
February 16, 2018
Joe Heider, president of Cirrus Wealth Management, is included in Michael Wursthorn’s article in The Wall Street Journal discussing the data points driving investors to buy in today’s environment. “With all the strong indicators, data points and earnings out there, investors thought it made sense that this should be a buying opportunity,” he says.
Joe Heider, president of Cirrus Wealth Management, returns to Channel 19 WOIO to discuss recent market volatility. “In any bull market, we always have some corrections. They’re healthy, they take a step back. We almost had a euphoria in January where the market kept going back up. And although it was a huge point drop, it was relatively small in percentages,” he says.
Joe Heider, president of Cirrus Wealth Management, is included in Sarah Max’s AARP article discussing how to set children up for financial success. “If you lend money to buy a home your son or daughter can’t afford, you’ve brought yourself into what could be a long-term drain on your resources,” he says.
IBDs in slow-footed race to let advisors text clients
January 22, 2018
Joe Heider, president of Cirrus Wealth Management, is included in Tobias Salinger’s Financial Planning article discussing how regulation can cause communication challenges in the industry. “Telling clients to ‘take it to email’ when they try to send a simple text about the next visit to the office usually doesn’t sit well with them,” he says.
Joe Heider, president of Cirrus Wealth Management, is included in Lou Carlozo’s U.S. News & World Report article discussing how the tax legislation will impact the economy. "In general this tax legislation should serve to stimulate U.S. economic growth. The U.S. economy is very complex, which is why there undoubtedly will be unintended consequences to sectors of our economy,” he says.