Who’s Looking Out for the Everyday American?

Fairfax, VA (PRWEB) April 20, 2011

Ric Edelman, the renowned financial advisor, author and talk show host, is also the most accessible advisor for everyday Americans, according to Barron’s annual Top 100 Financial Advisors list.

The typical advisor on Barron’s 2011 list, released April 18, primarily serves high-net-worth clients with an average account size of $ 26 million and a net worth of $ 54 million. Many of the advisors on the list have million-dollar minimums. But Edelman welcomes everyone who needs his help, from investors with seven or eight figures to invest, as well as those with just $ 50,000.

“Our goal is to make quality financial planning and our award-winning investment management services available to as many families as possible,” said Edelman. “While we do serve many millionaires, the majority of our clients don’t fall into that ultra high-net-worth category. Most are middle class families saving for college and building their retirement nest egg. We take pride in helping them plan for a secure financial future.”

Edelman, a perennial top advisor in Barron’s rankings, eschews the $ 1 million-or-more account minimum maintained by many firms in the industry, and said he is pleased to see that his average account size is the smallest of the Top 100 advisors.

About Ric Edelman and Edelman Financial Services

Ric Edelman has been providing financial advice to consumers for almost 25 years. His new television series, The Truth About Money with Ric Edelman, debuts April 22 on Public Television stations across the country, and his syndicated weekly radio program can be heard in 37 markets. He is also a sought-after speaker and best-selling author of seven books – including the newly updated and expanded fourth edition of his personal finance classic, The Truth About Money. To learn more about personal finance, visit Ric online at RicEdelman.com.

Edelman Financial Services provides financial planning and investment management services for individuals and families across the country. The firm has won more than 75 financial, business, community and philanthropic awards, and currently manages $ 6 billion for more than 14,000 clients nationwide. For investment advice and other financial planning services, or to speak with an advisor call 888-PLAN-RIC (888-752-6742), or visit http://www.EdelmanFinancial.com.

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More Finance Advisor Press Releases

Back-To-School Should Mean Auto Financing 101 for Students Looking to Purchase a Vehicle

Washington, DC (PRWEB) August 9, 2006 -–

For college and high school students thinking about buying a car or truck for the new school year, a first step should be obtaining an understanding of how the vehicle financing process

works, according to AWARE (Americans Well-informed on Automobile Retailing Economics), a national consumer education campaign sponsored by members of the vehicle finance industry.

“For students who choose to finance their first vehicle, AWARE’s Web site – http://www.autofinacing101.org – should be ‘required reading,’ because it can help make the difference between a purchasing experience that builds upon long-term financial goals versus one that detracts from them,” said Eric Hoffman of AWARE.

To help students, and their parents navigate the auto financing landscape, AWARE urges students – and their parents – to discuss, and come to an agreement on, the following before buying a car or truck:

Know what you can afford: Determine what type of vehicle best meets your needs, set a realistic price range, and develop a comprehensive budget for owning and operating your car or truck.

Decide how you’re going to pay for it: Some first-time car buyers purchase a used car or truck with cash they’ve saved or borrowed from a family member. Others, however, work on their own or with their parents to finance a vehicle through a bank, credit union, or at a dealership.

Review your credit report: To know what creditors will see, obtain a free copy of your credit report. Plus, this will allow you to correct any errors you find.

Comparison shop: The auto financing industry is highly competitive, so use the marketplace to your advantage by comparing annual percentage rates and other financing terms from multiple sources, such as banks, credit unions, and auto dealers.

Know Your Stuff: Make sure you are familiar with common terms you’re likely to hear or read in the course of purchasing or financing a vehicle, such as down payment, fixed- and variable-rate financing, and on- and off-site financing. Many of these terms can be found at http://www.autofinancing101.org/resources/glossary.asp.

Negotiate: This finance rate you are offered is negotiable, as well as the price of the vehicle.

Understand the value and price of optional services: Examples include credit insurance, guaranteed auto protection, and extended service contracts. If you do not want such services, do not sign for them.

Read any contract carefully before signing it: Ask questions about anything you do not understand.

Make your payments on time: Late or missed payments incur late fees and can even cause your vehicle to be repossessed, permanently. A bad payment record will also appear on your credit report, damaging your ability to get credit in the future.

AWARE also stresses the importance of distinguishing between wants and needs. “Students may want satellite radio and a GPS system, but that’s often out of financial reach and could very well get a young automobile buyer into economic trouble,” Hoffman said. “Instead, students

should concentrate on financing a safe, reliable car that is

economical to operate, repair, and insure. Understanding these differences is the first step to building a strong credit history for the long term.”

AWARE was formed to build a greater understanding among consumers about how auto financing works. The group aims to ensure that potential buyers of new and used autos have the tools and resources they need to successfully navigate the auto financing process. AWARE focuses exclusively on educating consumers on vehicle financing in a web environment free of advertising or lead generation sales tactics.

For a listing of AWARE’s membership, please visit http://www.autofinancing101.org.

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©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.