Posts in Category: Financial Advisors

Chemist Schott Rocklage Managing Partner at 5AM Ventures

Scott Rocklage joined the company 5AM Ventures as a Venture Partner in back in 2003 and by 2004 he was a Managing Partner. Dr. Rocklage has spent over three decades overseeing various businesses in the healthcare management field of business and has strategic leadership qualities that led to the FDA approval of three (3) US New Drug Applications. In the past, Scott Rocklage has also served as Chairman of Cubist Pharmaceuticals and also has served as the CEO of Nycomed Salutar as well. Dr. Rocklage was also the Executive Chairman of the Ilypsa (acquired by Amgen) and Miikana (acquired by EntreMed).

Currently, Scott Rocklage serves as Board Chairman of Achaogen, Relypsa, and Semprus as well as a member of the board for WaverRx, Pulmatrix, and Variation as well as a member of the Board of Associates of the Whitehead Institute. Scott Rocklage also does his work with 5AM Ventures out of his offices while working from Boston, Massachusetts.

In addition to over 30 years of service in the healthcare management industry, Scott Rocklage has also pursued inventing things as well. Rocklage also has over 30 US patents and co-patents as an inventor. He has also appeared in more than 100 peer-reviewed publications throughout his career. Dr. Rocklage works from his offices based in Massachusetts and more information click here.

Dr. Scott Rocklage went to the University of California where he received a Bachelor of Science Degree in Chemistry. He moved on from there to MIT to get his PhD in Chemistry afterward. He conducted his research at the laboratory of Richard R. Schrock (Nobel Peace Prize of 2005) and learn more about Scott Rocklage.

More visit: https://www.linkedin.com/in/scott-rocklage-66aa7a12a

Paul Mampilly Achieves A Milestone For His Company

Profits Unlimited is considered as being among the fastest growing newsletters today in the financial industry. It has just been able to cross a major milestone.

It has just crossed 60,000 subscribers marking it as a milestone in the investment industry.

Paul Mampilly was formerly a hedge fund manager. He worked on Wall Street for over 20 years. He had clients like ING, Deutsche Bank as well as Kinetics International. There was an investment competition in 2009 that has been put on by the Templeton Foundation. In this, he turned a $50 million investment into $88 million. This meant a gain of 76% gain when the financial crisis was at its peak, and he did this without any shorting of stocks.

It was last year that Paul Mampilly signed on to Banyan Hill Publishing. He started Profits Unlimited in order to guide Main Street Americans into making profitable decisions on various investment opportunities. This is an eight-page newsletter in which Paul Mampilly recommends a new stock every month and mails it out to his subscribers. He will also update them each week on a few stocks that are in the model portfolio. Through his website, he tracks how his investments are doing.

Related:  https://dailyreckoning.com/dont-miss-the-biggest-biotech-market-ever/

Paul Mampilly is not investing the capital of his clients. Rather, his subscribers are buying the stocks themselves in their own brokerage accounts. This is an innovative alternative to the arrangement that existed between a financial advisor and the clients traditionally.

His subscribers are delighted with recommendations given by Paul Mampilly as they are yet to come across any other financial advisor as outstanding as him. They have been able to make enormous profits based on his recommendations.

Banyan Hill is a publishing house as well as research firm. It specializes in the publication of research advisories as well as investment newsletters. It has a subscriber base that comprises of more than 200,000 members.

Click here to learn more about Paul Mampilly.

Social Security-Why Financial Advisors Should Talk about it as Part of Retirement Plans

David Giertz, President of Nationwide Life Insurance Company’s financial distribution and sales department recently sat down with Veronica Dagner, a columnist with the Wall Street Journal about Social Security. He talked about how financial advisors really need to talk to their clients about Social Security. There has been a lot of misunderstanding about how Social Security works and what benefits clients should expect from it.

Social Security Covers Minimum Expenses
Retirees and those who are expecting to retire within the next few years already have some understanding that social security won’t cover all their expenses. It is important to note that social security was only meant to be a safety net for those who are unable to support themselves. A good retirement plan will have resources from various funds on wsj.com.

Giertz explained that complicated rules covering Social Security as part of the reason why some financial advisors avoid the topic with their clients on CNBC.com. He cited a survey done by Nationwide Retirement Institute of retirees and future retirees to prove this point.

Social Security Benefits-Factors for Determining Amounts
In that Nationwide survey 86 percent of future retirees had limited understanding of the factors surrounding the amount of money they would receive from Social Security. David Giertz emphasized that financial advisors should factor in the risks involved with taking Social Security at 62 rather than waiting until they become eligible for full benefits.

David Giertz advises that people should basically not take their Social Security benefits until they are eligible for the full benefits. Understandably there are certain circumstances where taking Social Security benefits at 62 is prudent and necessary.

The reason at https://wallethub.com/profile/david-luther-giertz-13215042i/ is that they could potentially leave thousands of dollars “on the table” that could be used. He suggests that financial advisors that avoid talking about Social Security will lose clients.