Charleston Financial Blog


Posted by William C. Prewitt, M.S., CFP® on 31 August 2009

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Should investors be alarmed by greater governement intervention?  The Federal government has been unusually active intervening in the economy of the United States.  Will this affect returns on investments?  In this 6 minute video, Weston Wellington of Dimensional Fund Advisors examines examples of intervention in the past and the difficulty of separating one factor of many affecting stock returns.  Follow the link to view the presentation:

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“Nudge” Yourself to a Better Life

Posted by Myles B. Brandt on 24 August 2009


I just recently picked up the book Nudge: Improving Decisions About Health, Wealth, and Happiness by Richard Thaler and Cass Sunstein. Both authors are professors at the University of Chicago graduate school. It is a fairly comprehensive look at how we as a society can use the findings of social psychology to nudge ourselves or society as a whole to make better decisions and live a better life. Although I’m not even half way through the book (I want to take my time with this one), there are two things in particular I think are worth sharing:

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When Banks Pay You

Posted by Diane H. Blackwelder on 21 August 2009


Today, record numbers of consumers are using reverse mortgages to supplement their retirement income, pay off their existing mortgage, pay for health care expenses, make home modifications, or simply establish a cash reserve for emergencies.  Despite increased popularity, reverse mortgages are often misunderstood

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Consumer Education Series

Posted by Bill Prewitt, M.S. CFP® on 11 August 2009


NAPFA Launches Consumer Education Series to Help Americans Better Understand Personal Financial Issues

Web-based education program to touch on topics ranging from basic money issues to complex estate and investment topics

The National Association of Personal Financial Advisors (NAPFA), the country's leading professional association of Fee-Only financial advisors, has been a vocal advocate for consumer protection in the financial industry. Now NAPFA is gearing up to further educate people on a variety of topics in an effort to help Americans become educated consumers of financial planning advice and products.

The Consumer Webinar Series is a year-long initiative beginning August 7, 2009 that will provide an opportunity for anyone in the country to learn about a wide range of financial issues from NAPFA-Registered Financial Advisors. Each month a new session will be conducted live online. Consumers can attend the live session after registering for free, or listen to an audio file after the program. The instructors NAPFA has recruited for the various sessions are among the industry's leaders in truly comprehensive financial planning and includes members of NAPFA's National Board of Directors, past NAPFA national chairs, educators, and authors.

"Each session is intentionally designed to help attendees better understand a specific issue and why it is of particular importance to them," said NAPFA National Chair Diahann W. Lassus, CFP®, CPA/PFS. "We want attendees to take something away from the sessions that helps them tackle these issues at home. As an industry we have done a poor job of helping consumers increase their financial knowledge. This program, along with the successes of the Your Money Bus Tour, is NAPFA's way of doing its part."

The series will include 12, one-hour sessions delivered via the internet. The individual sessions will be conducted from 1 to 2 pm Eastern time and will include:

August 7, 2009 - Money 101: Knowing the Basics

September 4, 2009 - Kids & Money

October 2, 2009 - What is Financial Planning?

November 6, 2009 - Protecting What You Have

December 4, 2009 - Investments: The Basics

January 8, 2010 - Investments: Advanced Concepts

February 5, 2010 - Managing Your 401(k)

March 5, 2010 - Leaving a Legacy

April 2, 2010 - Women and Money

May 6, 2010 - Financial Planning and Small Business Owners

June 4, 2010 - Your Retirement

July 1, 2010 - Financial Windfalls

Registration for the 2009 sessions is open now. Learn more about the Consumer Webinar Series by visiting

In addition to registering for the sessions, consumers can learn more about the topics and the NAPFA-Registered Financial Advisors who will be instructing the sessions.

"We hope people will take advantage of this opportunity to better themselves and their families. Only through education will consumers be better capable of addressing their own financial situations," added Lassus.

Members of the media who would like to learn more about the Consumer Webinar Series can contact Benjamin Lewis of Perception, Inc. at 301-963-7555 or


Since 1983, The National Association of Personal Financial Advisors (NAPFA) has provided Fee-Only financial planners across the country with some of the strictest guidelines possible for professional competency, comprehensive financial planning, and Fee-Only compensation. With more than 2,100 members across the country, NAPFA has become the leading professional association in the United States dedicated to the advancement of Fee-Only financial planning.

For more information on NAPFA, please visit

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