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Nicholas Olesen, CFP®, CPWA®

Helping successful entrepreneurs & executives properly align their financial resources & aspirations

No Current Employment Listed

King of Prussia


Contact Me



Advisor Services

  • Financial Planning
    • -Estate Planning
    • -Comprehensive Financial Planning
    • -Retirement Planning
    • -Charitable Planning
  • Portfolio Management
    • -Individuals and/or Small Businesses
    • -Businesses or Institutional Clients


Funds Used With Clients

There are no funds listed for this advisor at this time.

Firm Client types



No timeline events available.
Employer Years Dates
Kathmere Capital Management 7 months, 1 week Sep 2019 - Present
Private Advisor Group, LLC 7 years, 4 months May 2012 - Sep 2019
LPL Financial LLC 9 years, 4 months May 2010 - Sep 2019
Ameriprise Financial 4 years, 3 months Feb 2006 - May 2010

Designations & Memberships

  • Certified Financial Planner
    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.
  • Certified Private Wealth Advisor
    Certified Private Wealth Advisor
    Candidates who earn this designation learn to identify and analyze challenges facing high-net-worth clients and learn to develop specific strategies to minimize taxes, monetize and protect assets, maximize growth, and transfer wealth.

Articles and Answers

Insights by Nicholas Olesen

2015 Was a Dud, What's in Store for 2016?
Published 2016-01-27 09:26:53
Is it time for a year-end rally?
Published 2015-10-05 11:47:56
Are stocks about to have "the correction"?
Published 2015-02-16 07:47:04
Are stocks "bubbly" right now?
Published 2013-12-05 08:55:18
    *Articles are published by advisors without compensation.


    Ask a financial questionAsk a question
    Am I saving enough for retirement?
    This is probably the most common question retirement planning advisor get. Unfortunately, it depends on so many things: desired lifestyle in retirement, fixed income sources in retirement, current assets, and so on. I would recommend either finding an independent financial planner to help you dete...  (more)
    Answered Jan 2012
    I'm 74 years old...can I still convert a regular IRA to a Roth IRA?
    William, great question! There actually isn't an age limit on the Traditional IRA to Roth IRA conversion. There are a few benefits to the conversion but also a few things to think about before doing it. First, the benefits:1. Converted funds are no longer counted towards your Required Minimum Di...  (more)
    Answered Jan 2012
    I had a 401k at an old company I worked with but haven't touched it since I left that employee five years ago, what should I do with it?
    Roxanne, the only advantage to keeping an old 401(k) with a former company would be if there were enough investment options to properly manage it or the options are not available outside the 401(k). Other than those two reasons, I would recommend opening up a Rollover IRA and have the assets transfe...  (more)
    Answered Jan 2012
    Should I roll over my 401(k) to an IRA?
    Cory, there are very few reasons to not rollover your 401(k) into an IRA but here is an article I wrote about all the options you have: ...  (more)
    Answered Jan 2012
    Portfolio Allocation Review?
    A good financial advisor should be monitoring their clients accounts on a daily basis, utilizing technology to do this best. A review should occur anytime that something becomes out of balance. The time horizon isn't as important to me, that more dictates the allocation and risk. Unfortunately, man...  (more)
    Answered May 2014
    How much money do I need to retire?
    Jessica, great questions. Unfortunately the answer to your questions depends on so many things: desired lifestyle in retirement, fixed income sources in retirement, current assets, and so on. As for how soon to start saving, AS SOON AS POSSIBLE! You should first weigh the benefit of paying down ...  (more)
    Answered Jan 2012
    Is it a good idea to invest in my company's stock?
    This is a question I get very often, especially from executives that I work with that receive large portions of their income in company stock. The short answer is, no, it’s not a good idea to hold a lot of company stock from your employer. Do you remember Enron? How about Bank of America or Lehma...  (more)
    Answered Mar 2012
    Can I "cash out" my ESOP stock at any time? I am 45 years old.?
    ESOPs do have some restrictions to them but they normally aren't age restrictions. You will need to review your plans specific requirements for holding time but most that I help clients with have a 12-36 months holding requirement. Thus, you would be able to sell any stocks that you've held longer...  (more)
    Answered Dec 2012
    I recently read a book by Joel Greenblatt entitled: "The little book that Still beats the market." I even opened a virtual investment account to try out ideas in the book. It has only been a few weeks and already my investment is up by nearly 4%. What are you opinions on this book and method?
    Matthew,Like many have said, it's great that you are reading and I encourage everyone wanting to invest on their own to read as much as possible. That being said, there isn't any one way that will always work in the investing world and the last 6 months have shown many investors how much their "sy...  (more)
    Answered Dec 2012
    If my employer files for bankruptcy will my 401k fund be frozen for any amount of time?
    De,This is a great question and one I've heard more lately. Retirement plans, like your 401(k), are held in a trust that is seperate from the company assets. Thus, they are not able to be touched by creditors or the company. The only thing that can be done is for you to take the funds out or inv...  (more)
    Answered Nov 2012
    I own a small company and I'm looking to start a 401k plan for my employees, how do I get started?
    Catherine,That's a great question and it's actually quite easy. First you need to find a financial planner who has experience in retirement plans and managing them. Firms like mine help start all kinds of retirement plans, based on what's best for a company. This does vary based on the number of...  (more)
    Answered Apr 2012
    Can I tap into my 401(k) early with no penalty?
    Rosa, there are a few ways to tap into retirement accounts before reaching age 59 1/2 without incurring penalties. Here is an article from CNBC that talks about a few options: are other options to explore but you should speak with an accountant before doing a...  (more)
    Answered Jan 2012
    Just curious what options And percentages you recommend within my 401k... Below is my current allocations.
    As others have said and will always say, you need to first find out what your risk tolerance is, timeframe until you will need the funds, and what other investments you have. I would recommend finding a fee-only or CFP advisor to help you with your allocation and other financial planning needs. The ...  (more)
    Answered Dec 2013
    401K with former Company?
    Tyler, the only advantage to keeping an old 401(k) with a former company would be if there were enough investment options to properly manage it or the options are not available outside the 401(k). Other than those two reasons, I would recommend opening up a Rollover IRA and have the assets transfer...  (more)
    Answered Jan 2012
    What is average company contribution to a 401K plan?
    As William indicated, it can be very different based on company size, profitability, and other factors. Most commonly, companies MATCH 4-6% but I have seen many plans that don't match or contribute and a few that contribute much more, closer to 10% for their employees....  (more)
    Answered May 2014
    I was laid off in 7/10. I will be 56 & have a 401K, iRA & Annuity. Will I be penalized if I take money out of my accts?
    Mary,I'm so sorry to hear you were laid off and haven't found a full-time job yet. Withdrawing before 59 1/2 does normally cause the 10% penalty rule, but there are ways around that. If you can find an advisor or CPA to hire for a set fee or per hour time, they can help you determine the best way t...  (more)
    Answered May 2014
    What are the Top 25 most used 401K funds?
    William,Although the top funds aren't always the best, they do provide insight into what investors are investing in. The top fund is usually either PIMCO Total Return or Vanguard Total Stock Market. The others that are in the top are usually: Vanguard 500 Index, Fidelity Contrafund, and American Fu...  (more)
    Answered Dec 2013
    What is the gift tax limit/rate?
    Titus,The general rule with gifting is $13,000 per year per person. I would recommend discussing this with you accountant but you should be able to gift a total of $52,000 to your daughter and son-in-law. This is because you and your wife can each gift $13,000 to each person, adding up to $52,000...  (more)
    Answered Mar 2012
    I cancelled my 401k do I have to request my money or will it be automatically sent to me if I am under 60?
    Tiffany,I am not sure by your question if you've stopped working at the company which 401(k) you are referring to or not, but I'm going to assume you aren't there anymore. If that's the case, most companies don't automatically send you the balance of your 401(k) unless it's been 90 days and you hav...  (more)
    Answered Jul 2014
    What are average 401k plan expenses for a plan with assets of 1.7 million? Is my current plan charging me too much?
    Charles, I would request a breakdown of the all fees paid from your provider. There are a lot of different fees that 401(k) providers and sponsors could charge, so make sure they list everything (fund fees, annual admin fees...). There are a lot of great options for smaller 401(k) plans (under $1...  (more)
    Answered Jul 2014
    This year I'll have to do my taxes for jobs in two different states. Is this going to make filing taxes much more complicated? How can I make sure to get the most out of my return?
    Catherine,It does make it a little more difficult but not something that should make you worry. Some states make it easy for those that work in multiple states (i.e. PA & NJ, VA & WV) but not all. I would recommend hiring an accountant if this is just a one year issue because then you don...  (more)
    Answered Feb 2013
    Where should I put my riskiest holdings, taxable or tax-sheltered portfolio?
    This is a great question and, as you can tell from all the answers, many of us have opinions on it. I would keep it simple: income producing investments go in tax-deferred/sheltered accounts and capital appreciation investments go in taxable accounts. This way you don't increase your taxable incom...  (more)
    Answered Feb 2013
    Fee structures; what is normal?
    David,There isn't a set amount that is "normal" because it really depends on what else you are paying that person or what they are doing for you. There are three things I would look at. First, make sure you are not paying any trading fees (the advisor/firm should pay them but some push them onto th...  (more)
    Answered Jun 2014
    How is it possible to lose $14K in 8 months when the Dow is only 200 points when you're supposed to be mitigating risks?
    The tough part for investors is to realize that just because an index is doing something, doesn't mean YOUR holdings are doing the same thing. I don't know the amount of loss you are speaking about, in percentage terms, but while the indices are down a few percent for the year, there are many indust...  (more)
    Answered Dec 2015
    401k Allocation?
    Hi Terry,Hindsight is always 20-20 and you'll look back and know that answer in the future. That being said, unless you are trying to be an active investor, meaning you are willing to spend a lot of time researching the markets and the economy, you shouldn't be making changes to your allocation eve...  (more)
    Answered Jan 2016
    How do i pull out a 401k from k2 inc, bought by jarden corp. worked there in 2006 & cannot find a phone # for anyone.
    It looks like the plan is run by Great-West. I would recommend calling 1-855-756-4738 , which is their general 401k number for participants. You should be getting at least an annual statement for the plan, which would have a phone number to it, in case that number doesn't work. Good luck!...  (more)
    Answered Oct 2015
    I resently got let got from genesis and want to cash in my retirement. How do I go about that?
    Joanna, First, I'm sorry to hear that you were let go. Before you cash in your retirement, I would recommend finding a financial planner to see if you really need to cash it all in. If you do have other income or assets, it may be beneficial to use those before using your retirement plan. The tax c...  (more)
    Answered Oct 2015
    Between stock options and owning stock out right, if I need fast cash, which of these two would be better to hold onto.
    This is a great question! I wrote a pretty extensive article on this subject a couple years ago that outline all the advantages and disadvantages of each. Hope it's helpful:  (more)
    Answered Oct 2015
    What percentage of taxes will I pay if I cash out my half of my ex husbands 401k and will I be taxed twice?
    Similar to what has been said, if you need the funds then you need the funds. That being said, if you are under 60 years old, you should try and wait to take the funds to avoid any penalties. ...  (more)
    Answered Jun 2014
    List the top 401(k) plan providers in the $10m and under marketplace?
    Vanguard has recently started offering a great "starting" 401(k) with Acensus. The great thing that is unique, beyond the usual very low costs associated with Vanguard, is that you will work with an advisor that takes on the fiduciary role for you. This is VERY unique and is an extra layer of protec...  (more)
    Answered Jun 2014
      *Answers are submitted by advisors without compensation.

      Licenses & Conducts

      U.S. Securities and Exchange Commission
      • license status
      • disclosures
      • as of date
        Feb 12, 2020
      • license status
        Not registered
      • disclosures
      • as of date
        Jan 22, 2020
      Review the status and details of the disclosures noted above using the SEC's Investment Advisor Public Disclosure website:



      Last updated on March 25, 2020
        • $112.5M
          Total Assets Under Management
        • $0
          Total Assets Under Advisement
        • 110
          number of clients
        • $1.0M
          Estimated Average Account Balance Per Client


      Types of Compensation Arrangements