Back to top

Anthony Thomas Isola, CFP®

Serving investors' needs for financial education and conflict-free investing.

No Current Employment Listed

Stony Brook

NY

Contact Me

Overview

Services

Advisor Services

  • Financial Planning
    • -Estate Planning
    • -Comprehensive Financial Planning
    • -Retirement Planning
    • -College Planning
    • -Charitable Planning
    • -Other Financial Planning
    • -Tax Planning
  • Portfolio Management
    • -Individuals and/or Small Businesses

Funds

Firm Client types

There is no client type data to display at this time.

Qualifications

Experience

No timeline events available.

Designations & Memberships

  • Financial Planning Association
    Membership
    Financial Planning Association
    The Financial Planning Association (FPA®) is the largest membership organization for personal financial planning experts in the U.S. and includes professionals from all backgrounds and business models. We help connect thousands of consumers to competent and ethical planners who uphold the FPA Standard of Care.
  • Certified Financial Planner
    Designation
    Certified Financial Planner
    A standard certification for advisors, designees are exposed to nearly 100 topics on integrated financial planning. Major topics include, but not limited to: insurance, employee benefits, securities, state and federal tax, estate tax and planning, asset protection, etc.

Articles and Answers

Insights by Anthony Isola

10 Ways to Build Financial Muscle
Published 2015-04-25 19:26:58
7 Ways to Teach Teens About Money
Published 2015-04-14 12:37:09
Emotions and Investing are a Toxic Combination
Published 2015-04-04 15:08:44
Don't let money ruin your marriage
Published 2015-03-29 10:41:59
Control your own financial destiny
Published 2015-03-14 19:02:56
Failing to plan is planning to fail
Published 2015-03-07 13:22:56
Invest in yourself first !
Published 2015-01-28 09:17:31
Try not to be consistently stupid
Published 2015-01-25 10:54:25
Some investing lessons from Julius Caesar
Published 2015-01-21 18:02:41
Do not trade foreign exchange!!!!
Published 2015-01-18 08:27:24
403beware !
Published 2015-01-14 14:07:05
    *Articles are published by advisors without compensation.

    Answers

    Ask a financial questionAsk a question
    I would like to withdraw funds from my 401k how do I go about this?
    In addition to the all of the great information above, you should take something else into consideration. If you are over 59.5 and plan on doing this on a regular basis, you should have a "bucket of money" available that is in cash or very short term high quality bonds, or CD's. You do not want to b...  (more)
    Answered Jan 2015
    Is it better to roll my old 401K $ into my new job's program or combine with my wife's for high $? Both are strong co's?
    All of these answers are excellent. I would also advise making sure you have updated your beneficiaries on these accounts. Simple things like this can be just as important as more complicated investment decisions....  (more)
    Answered Jan 2015
    I would like to borrow money form my 401K. How much is available for me to borrow?
    You can borrow up to 50% of your account with a maximum of $50,000. This must be repaid within 5 years. This can be extended if the borrowed funds are used for a down payment for a home purchase. Note if you lose your job, the loan must be repaid and this could result in penalties and higher taxatio...  (more)
    Answered Apr 2015
    I need to take out $3700 from my traditional IRA and have no clue how much tax to pay on it. Do I pay a fixed $ or %?
    In addition to the great advice above, you can talk to your custodian about this. The custodian is the organization that holds the money in the account. You can ask them to withhold the taxes so you will not have to pay this later on. You need to speak to your accountant to give them the proper rate...  (more)
    Answered Mar 2015
    Can I contribute to two 401k plans?
    In response to being a public employee your retirement benefits have an additional perk. If you are a teacher you may fully contribute to both a 403b and a 457 plan. For example if you are over 50 you may contribute $23,000, to each plan. This can give you a total yearly contribution of $46,000!! I...  (more)
    Answered Jan 2014
    Should I keep my IRA with PNC bank with a 1.4% annual fee or switch my IRA to Vanguard which charges a minimal fee?
    I think it is important for you to understand that PNC is a publically traded company that has a duty to maximize shareholder value. Vanguard is owned by the fund holders and most of their profits are returned to the fund holders in the form of lower costs. PNC's number one priority is to make a pro...  (more)
    Answered Feb 2015
    What are the advantages of using a commission based financial advisor?
    People respond to incentives. When a higher commission from the sale of a product is dangled in front of them, they will most likely take the bait. The higher the reward the more blinded people become. Never ask a barber if you need a haircut as the old saying goes....  (more)
    Answered Jan 2015
    Am i available for a 401k loan ?
    In addition to the great advice above, job security is a big factor in deciding to take a 401k loan. If you are terminated or quit your job, you have about 2 months to pay back your loan. If you cannot it will be treated as an early withdrawal and depending on your age you could be hit with a big t...  (more)
    Answered Jan 2015
    Where can I get some info about my 401k balance?
    I think it is important that you not only know the balance of your plan but also what investments are offered. This kind of question may indicate that you may not have been as vigilant as you should be regarding your 401k. Look at this as an opportunity to not only find out your balance but also to ...  (more)
    Answered Feb 2015
    How do I find information on fees associated with my company 401k?
    In addition to the excellent advice above, you need to determine the individual fund fees. Many times the largest fees in your plan are the individual fund fees. If you can get the symbols of the funds offered you can go to http://www.finra.org/investors/tools. This site is run by FINRA and you can ...  (more)
    Answered Mar 2015
    How can I start saving for retirement if I'm a college grad with few funds and no benefits?
    While investing for retirement is a terrific idea, you should focus more on investing in yourself. Acquire as many valuable skills as you can. This will increase your earning potential exponentially and provide the income stream to do some serious savings....  (more)
    Answered Feb 2015
    How do I know if I need a financial advisor?
    That is a question that you will need an impartial source. The way I look at it is its like using a trainer at the gym. Most people know that they need to exercise but do not have the discipline to follow through or the knowledge necessary to accomplish their goals. If you fall into the category of ...  (more)
    Answered Mar 2015
    Withdrawing from my 401K to purchase real estate.
    Since you are over 55 and no longer employed with this company, you should be able to withdraw these funds without a 10% penalty. They will still be taxed as income. Though you can do this I have no idea if this would be the proper way to go since I have no information on all the data that is neede...  (more)
    Answered Feb 2015
    Should I consolidate my educational debt?
    In addition to all the great information from above, I would suggest you take a look at this article from the WSJ that I have saved for my clients. http://blogs.wsj.com/totalreturn/2014/09/16/student-loan-borrowers-have-chance-to-refinance-at-lower-rates/?mod=WSJ_hps_sections_yourmoneyIn a nutshell...  (more)
    Answered Feb 2015
    I no longer work for lowes. How do I withdraw my 401k?
    Before you withdraw your funds, you should fully explore your plans options. Often individuals will fall prey to unscrupulous financial people who will try to get your money so they can make large commissions. If you are unsure what to do with the money sometimes it is best to do nothing before you ...  (more)
    Answered Feb 2015
    Can I withdraw from my IRA to purchase a first time home without getting penalized?
    I would also look at the long term returns of a balanced portfolio which is about 7-8%, and the returns on home ownership which is about 2-3% not including the various fixed and variable costs. If you are looking to purchase this home "to make money", you might want to gather more data before going ...  (more)
    Answered Mar 2015
    Wondering how my husband and I can get our 401k from fruit of loom. worked at one in osceola arkansas when they closed?
    I would look at your last statement which should provide contact info. When you say "get", I am assuming you mean the money that is in the plan. If you take a distribution before you are 59.5 there will be a 10% penalty an addition to Federal and possibly state taxes.. You can avoid this if you sepa...  (more)
    Answered Mar 2015
    How to I go about getting my financial status with my 401K?
    I think you need to define financial status. If that means your account balance, your last statement should provide that information for you. If you mean your financial net worth, you would need to simply tally your assets and subtract them from your liabilities. Hopefully this will give you a posit...  (more)
    Answered Mar 2015
    As a single mom, how can I budget smartly?
    In addition to the great info above, I would make it a priority to pay yourself first instead of last. Most people who attempt do this find after they pay all their bills find there is nothing left to put away. Try to practice the reverse. Figure out what you need to save to have a suitable emergen...  (more)
    Answered Feb 2015
    I use a web-based subscription service, sectorsurfer, to help me select the best trending mutual fund available in my 401k. is your staff acquainted w sectorsurfer? if so, would you comment on it? if not, would examine it and comment. thank you.?
    Awful Idea. Market timing does not work. What matters is time in the market. Expenses and asset allocation will determine long term returns. If stuff like this really worked why would it be available to you? The founders would be very rich and there would be no need to find recruits from 401k plans...  (more)
    Answered Apr 2015
    How can I tell if I am paying too much in fees, commissions, etc.?
    In my opinion your TOTAL fees should be no more than 1% if you are using an advisor. This would include the advisors AUM and the individual fund costs. If the advisor is just managing your money and providing no planning advice regarding other related topics, the fees should be considerably less.Th...  (more)
    Answered Jun 2015
      *Answers are submitted by advisors without compensation.

      Licenses & Conducts

      SEC
      U.S. Securities and Exchange Commission
      • license status
        Not registered
      • disclosures
        None
      • as of date
        N/A
      FINRA
      FINRA
      • license status
        Not registered
      • disclosures
        None
      • as of date
        N/A
      Review the status and details of the disclosures noted above using the SEC's Investment Advisor Public Disclosure website:

      Assets

      Assets

      There are no assets to display at this time.

      Fees

      Fee Only Advisor
      $
      This advisor has certified that they are compensated soley by their clients, and do not accept commisions or compensation of any kind based on the products they recommend.

      Types of Compensation Arrangements