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Overview

Services

Advisor Services

  • Financial Planning

Funds

Funds Used With Clients

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

Firm Client types

Qualifications

Experience

No timeline events available.
Employer Years Dates
Wealthcare Capital Management Inc. 7 years, 4 months Nov 2009 - Present
Thornton Wealth Management, LLC 3 years, 8 months Mar 2006 - Nov 2009

Designations & Memberships

  • Certified Divorce Financial Analyst
    Designation
    Certified Divorce Financial Analyst
    Individuals holding this designation act as an advisor to one party's divorce lawyer, or as a mediator for both parties. Knowledge of tax law, asset distribution, and short and long-term financial planning are utilized to achieve an equitable settlement.

Articles and Answers

Insights by Russell Thornton

4 Truths About Investment Returns
Published 2012-05-01 06:35:44
Moving From Chance To Choice
Published 2012-06-11 10:58:07
Inflation, Taxes Erode Returns, Income
Published 2012-05-24 12:54:44
Managing Your Money With Your Goals In Mind
Published 2012-05-14 08:28:26
3 Characteristics of A True Wealth Manager
Published 2012-04-11 06:39:12
Wealth Management Versus Return Management
Published 2012-04-03 10:48:28
Collecting vs Investing
Published 2012-02-14 10:46:43
Considerations For Recently Divorced Women
Published 2012-01-31 05:58:45
What Is A Life Insurance Trust?
Published 2012-01-19 17:06:24
College Planning Checklist
Published 2012-01-19 17:08:30
What Is Wealth Management?
Published 2012-01-19 16:39:20
Asking The Right Questions
Published 2012-01-19 15:16:57
A Summary Of The Wealthcare Process
Published 2012-01-19 15:13:05
    *Articles are published by advisors without compensation.

    Answers

    Ask a financial questionAsk a question
    On average, how much of my stock portfolio should be in international stocks?
    You're likely to get several different perspectives on this, Ian, but I believe that international stocks provide diversification benefits versus domestic stocks to a point, but they also introduce currency risk. And a stock's return has no dependence on whether the company is headquartered in the U...  (more)
    Answered Apr 2012
    Should we take out a 15 year loan to reduce out total interest costs?
    My wife and I faced this same decision when we refinanced our mortgage a few months ago. What we ultimately decided to do was refinance to another 30 year fixed mortgage even though we could have afforded the 15 year loan and saved a bunch of interest over the life of the loan. We ultimately made th...  (more)
    Answered Mar 2012
    What are some ex of blue chip stocks?
    "Blue Chip" is a very subjective term to describe a company or its stock. And with reference to your comment that you've "heard they can be less risky," I would ask you what you're comparing them to? Less risky than what?It's my opinion that all stocks are risky, and since no once can predict what ...  (more)
    Answered May 2012
    What are money market funds?
    Money market funds are mutual funds that are most often invested in short-term cash equivalents. They are designed to preserve principal, be liquid and pay a little interest on your invested funds. They are also designed to maintain a per share price of $1.00 which reduces the risk that the value of...  (more)
    Answered Apr 2012
    How should I invest overseas with managed funds?
    Whether investing overseas or domestically, I always recommend focusing on the things in your control because you can't control what the market will do. Therefore, I encourage you to focus on keeping your costs low and your diversification as broad as possible.To achieve this when investing in over...  (more)
    Answered Jan 2012
    Online High Interest Savings Accounts?
    I think ING's Orange savings account is a good option. They offer a competitive interest rate with no fees or minimums. However, I've read that some people are concerned with ING since Capital One purchased them. Here's an article covering the concerns:http://moneyland.time.com/2011/06/17/capital-o...  (more)
    Answered Jan 2012
    Is it ok to ask my financial adviser what funds they invest their personal assets in?
    I would absolutely encourage you to ask your adviser how they invest their personal assets and what specifically they're invested in. While it may not be identical to what an adviser is recommending to you, I believe they should be comfortable discussing and explaining how they're investing personal...  (more)
    Answered Jan 2012
    What are the top questions to ask a financial planner?
    I believe the most important question you should ask a financial planner is if they act as a fiduciary on your behalf at all times. For more on this idea, click this link: http://bucks.blogs.nytimes.com/2012/04/02/a-few-things-to-ask-your-financial-adviser/To be clear, I'm not saying fiduciaries ar...  (more)
    Answered Aug 2012
    How do I know if my advisor is a Fiduciary?
    The best way to find out if your advisor is a fiduciary is ask them to sign NAPFA's Fiduciary Oath which can be found here: http://www.napfa.org/about/FiduciaryOath.asp And they don't have to be a member of NAPFA to be a fiduciary, but this is a good litmus test.Also, be aware that some advisors ar...  (more)
    Answered Jan 2012
    What are some ways to save money?
    In my opinion, the best way to save money is to automate your finances as much as possible and include a "pay yourself first" savings feature.Automation helps remove the decision-making process which is often influenced by our emotions, timing or other factors. If you set it up to take a specific d...  (more)
    Answered Jan 2012
    Best way to improve credit score?
    Emma - The factors the impact your credit score and the percentage weighting of their impact is as follows:Payment History 35%Amounts Owed 30%Length Of Credit History 15%New Credit 10%Types Of Credit Used 10%I would encourage you to focus on the most impactful areas as your priority . . . make...  (more)
    Answered Jan 2012
    As a recent widow, how can I budget my finances smartly?
    Marie - Budgeting can be as simple or as complex as you want to make it. For most people, including you as a recent widow, I would encourage you to keep things as simple as possible. You can use free tools like Mint.com (www.mint.com) to help you manage and monitor your personal information, but you...  (more)
    Answered Jan 2012
    Is it OK to have multiple financial advisors each managing a portion of my assets?
    I believe that if you have multiple advisors, then you're acting as an advisor yourself. This isn't necessarily a bad thing, but I think it defeats one of the purposes of having an advisor . . . to delegate some of the responsibility of managing your finances.If you're managing multiple advisor rel...  (more)
    Answered Jan 2012
    When should I have a financial adviser help with my divorce?
    Pablo - you should seek the services of a financial advisor who is familiar with the divorce process as soon as possible. I suggest you find an advisor with the CDFA designation. You can search for a CDFA advisor through the Institute of Divorce Financial Analysts (https://www.institutedfa.com/).An...  (more)
    Answered Jun 2012
    What is the best way to avoid ATM fees?
    I suggest using a savings or checking account that reimburses you for ATM fees. And be sure that any account you choose reimburses you for the use of any ATM, not just those in a certain ATM network.Personally, I have a checking account at Ally.com and they reimburse me for any ATM fees regardless ...  (more)
    Answered Jan 2012
    What's the best way to get my teenagers involved with their finances?
    Ruth, I think the best thing you can do is begin discussing finances with them. You can also set up a savings account for each and use it as a tool to teach them how to make decisions with their allowance or financial gifts, if appropriate.You might also check out this online resource which is brok...  (more)
    Answered Jun 2012
    What happens to the college savings plans we set up for our kids when we divorce?
    529 plans can only have one adult "account owner" and one beneficiary for whom the plan assets are designed to help pay for qualified educational expenses. However, since the account owner can withdraw funds from the plan at any time (even though there are penalties and taxes), I think most divorce ...  (more)
    Answered Mar 2012
    What's the best option for overseas purchases?
    Sonia, My guess is that you're referring to the "foreign transaction fees" that many credit card issuers charge for charges made outside the U.S.Many credit cards have charged these ridiculous fees for a long time, but there are better alternatives. For your daughter's situation, you should look f...  (more)
    Answered Feb 2012
    Divorcees getting their half of pension now.?
    Bonnie - Depending on the timing of your divorce and your ex-husband's employer health coverage, you may be eligible for COBRA health insurance coverage for a period of up to 3 years following your divorce. This assumes your husband had health insurance through his employer and his company had more ...  (more)
    Answered Feb 2012
    Life Insurance as an Investment?
    Actually, I would suggest many professionals - not all - sell life insurance as an investment because of the healthy commissions they receive on these types of policies.Personally, I feel life insurance and investing should be kept separate. In my experience, this is better for the consumer as it g...  (more)
    Answered Aug 2012
    How do I get more affordable health insurance?
    The single most important factor in your ability to get and pay for health insurance is your own health. While I've rarely seen this mentioned by financial advisors, you can impact a big part of your health insurance eligibility and costs by achieving and maintaining healthy habits. This is somethi...  (more)
    Answered Jan 2012
    How do I keep track of my 401k on line?
    I suggest you contact your employer and ask if there is a website where you can securely login and access your 401k plan online. It would be unlikely that your 401k isn't available for access and monitoring online. Your employer should be able to point you in the right direction or put you in touch ...  (more)
    Answered Apr 2012
    How many points does each credit inquiry for car loans effect your credit ?
    Hi KaseyAccording to myFICO (http://www.myfico.com/crediteducation/creditinquiries.aspx) the impact of a credit inquiry will vary from person to person based on their unique credit histories. However, in general, it is estimated that one credit inquiry will take less than 5 points off your score.O...  (more)
    Answered Jul 2012
    How come I hear so little about Self Banking strategies these days and it was the rage for several years?
    I would echo Kim's comments . . . "Bank On Yourself" is nothing more than a marketing angle to sell more life insurance. And life insurance as an investment is rarely, if ever, a good financial strategy.For a recent and objective review of this concept, I encourage you to read this article by Allan...  (more)
    Answered May 2012
    I received a list of referrals of current clients from a financial advisor that wants my business. What questions should I ask the current clients?
    Ultimately, I suggest you ask as many questions as you need to before making such an important decision. You need to be comfortable with any advisor you work with, but a couple of questions you might add to your list:Why did you decide to work with this advisor?How long have you worked with th...  (more)
    Answered Jan 2012
    Do I need a separate rental insurance policy?
    Andrea - If you're living with your boyfriend, I would recommend you each keep separate renters insurance policies. You should probably check with your insurance company to be certain, but based on these online resources, it sounds like a good idea to have separate policies unless you're married:ht...  (more)
    Answered Feb 2012
    Does every hard credit inquiry impact my credit score?
    Rohan - Any "hard" credit inquiry will typically impact your credit score, whereas "soft" inquiries generally do not.Soft inquiries are where your credit isn't being reviewed by a prospective lender, and hard inquiries are a result of application for credit.For more information on this, check out ...  (more)
    Answered Feb 2012
      *Answers are submitted by advisors without compensation.

      Licenses & Conducts

      SEC
      U.S. Securities and Exchange Commission
      • license status
        Registered
      • disclosures
        1
      • as of date
        Mar 4, 2016
      FINRA
      FINRA
      • license status
        Not registered
      • disclosures
        1
      • as of date
        Mar 3, 2016
      Review the status and details of the disclosures noted above using the SEC's Investment Advisor Public Disclosure website:

      Assets

      Advisor

      Last updated on Nov. 9, 2016
        • $35.0M
          Total Assets Under Management
        • $0
          Total Assets Under Advisement
        • 35
          number of clients
        • $1.0M
          Estimated Average Account Balance Per Client

      Wealthcare Capital Management LLC

      Last updated on June 17, 2016
        • $1.3B
          Total Assets Under Management
        • N/A
          Total Assets Under Advisement
        • 7K
          Accounts
        • $178.0K
          Estimated Average Account Balance

      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