The 50th Issue

6/11/17

FEATURED: What Does The DOL Fiduciary Rule Mean For Your Portfolio?

The Trump Administration just recently announced that it would allow the DOL Fiduciary Rule to go into effect in June. The rule has been debated, anticipated and explained for months, but now that it is finally going to go into effect, it’s a good chance to understand what it means. READ IT

EVENTS

June 15, 2017
6:00-7:30pm
Annex Wealth Management
12700 W. Bluemound Rd.
Elm Grove, WI 53122

We’ll Cover:

• Your retirement savings are at risk – Failure to manage taxes and higher costs can leave you with less

• If you rollover or distribute your 401k or IRA incorrectly, it can cost you

• Withdrawing too much too soon can be deadly to a portfolio

LEARN HOW TO:

• Understand your sustainable withdrawal rate

• Recognize important IRA milestones

June 20, 2017
6:00-7:30pm
Butte des Morts Country Club
3600 W. Prospect Ave
Appleton, WI 54914

In any industry, there are at least a few “secrets” known only by the insiders who work in the field that they’d rather keep to themselves.  Ever wonder what truths some financial professionals keep to themselves? Join us for “7 Secrets Financial Professionals Don’t Want You to Know” where we’ll share a few of the industry’s best-kept secrets.

 

 


AXIOM + GRAPHIC = AXIOMAPHIC OF THE WEEK

Uber’s Reputation Has Taken a Major Hit

The past six months have been nothing short of terrible for Uber from a PR standpoint. First the company’s CEO Travis Kalanick drew criticism for joining then President-elect Trump’s economic advisory board in December, then #deleteUBER started trending on Twitter after the company had allegedly tried to profit from the chaos at U.S. airports after Trump had signed the first travel ban. To make things worse, the company also faced widespread criticism for promoting an aggressive, sexist corporate culture and finally got sued for allegedly stealing trade secrets from Google’s self-driving vehicle arm Waymo.

According to a recent survey published by management consulting firm cg42, all those negative headlines did leave a mark on Uber’s reputation. As our chart shows, the percentage of consumers with a negative perception of the world’s most valuable startup jumped from 9 to 27 percent in response to the news stories. To make things worse, these stories have been the main reason for people to stop using Uber in the past six months.


Source: https://www.statista.com/chart/9469/public-perception-of-uber/


BEST OF OUR RADIO PROGRAMS

Every week, Annex Wealth Management hosts two radio programs that inform and educate listeners. Here are some highlights from those programs.

Know The Difference™ Minute: What’s The Biggest Retirement Expense?

Ever wonder what the biggest expense will be when you retire? The Bureau of Labor Statistics found out, and the answer may surprise you. 

Medicare: Common Questions

Annex Wealth Management’s Mark Beck and Deanne Phillips discuss some common questions people ask about Medicare.

What Does Disclosure Of Conflict Through Best Interest Contract Exemption Mean?

Annex Wealth Management’s Mark Oswald discusses the implementation of the DOL Fiduciary Rule – and what a disclosure of a conflict through the Best Interest Contract Exemption means. When a financial professional reveals they have a conflict, it doesn’t mean the conflict has gone away.

June 9th: The Day The F Word Goes Into Effect

Annex Wealth Management’s Mark Oswald discusses the Trump Administration’s decision to move forward with the DOL Fiduciary Rule, and the impact of it’s implementation. 

There’s a significant difference between

financial advisors. Know The Difference™

Copyright © 2017 , All rights reserved.

Securities offered through H. Beck Inc. Member FINRA & SIPC.
Annex Wealth Management & H. Beck, Inc. are unrelated companies.

Our mailing address is:
12700 W Bluemound Rd Ste 200
Elm Grove, WI 53122