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Overview

Services

Advisor Services

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

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
Hynes Advisory Inc. Dba Hearthstone | Private Wealth Management 5 years, 5 months Mar 2014 - Present
Hynes Advisory Inc. Dba Hearthstone | Private Wealth Management 5 years, 5 months Mar 2014 - Present
Strategic Trusted Advisors Rountable 6 years, 7 months Jan 2013 - Present
A-Level Group, LLC 3 years, 4 months Aug 2010 - Dec 2013
Hynes Advisory Inc. Dba Hearthstone | Private Wealth Management 3 years, 10 months May 2010 - Mar 2014
Hynes Advisory Inc. Dba Hearthstone | Private Wealth Management 3 years, 10 months May 2010 - Mar 2014
Strategic Trusted Advisors Rountable 4 years Jan 2009 - Jan 2013
Burns Advisory Group 4 years, 7 months May 2006 - Dec 2010

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.
  • Investment Management Consultants Association
    Membership
    Investment Management Consultants Association
    IMCA—Investment Management Consultants Association—was established in 1985 to deliver the premier investment consulting and wealth management credentials and world-class educational offerings—membership, conferences, research, and publications. IMCA sets the standards and practices for the investment management consulting profession and provides investment consultants with the credentials and tools required to best serve their clients.
  • 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

Answers

Ask a financial questionAsk a question
How does a Broker of Record compare to an Advisory/Fiduciary relationship?
There are many differences. Among them is the incentive structure. The broker is incented to sell the plan, become the broker of record, and then collect the commissions, trails and/or residuals based on the contributions to the plan. The fiduciary advisor is likely to be compensated on a fee for ad...  (more)
Answered Mar 2012
How can I find financial information for special needs relatives?
You can find a wealth of information to help your relatives with special needs and help those who care for them at the Special Needs Alliance (www.specialneedsalliance.org). This is a complex and changing area of law, tax and financial advice. You can find a qualified advisor in your area through th...  (more)
Answered Feb 2012
If someone is on your site, I know they have all of the proper certifications, et. Does that mean someone like Bernie Madoff could be there and look ok? Did he have the same certs or not? If so, how can I be sure I am not picking another Madoff?
In addition to checking on this website, there are other steps you can take to try to avoid becoming a victim of fraud by an unscrupulous advisor. It's your money and you want to be sure who you're dealing with. 1) Make sure the advisor uses a third-party custodian. That's where your money is. And, ...  (more)
Answered Feb 2012
How do I know if my advisor is a Fiduciary?
Beware of confusing titles and terminolgy. Anyone can use the title "Financial Advisor" or "Investment Advisor," or say they are "Fee Only" or "Fee Based" implying they are a fiduciary advisor. One quick and easy way to tell if they are tied to a broker is look at their business card. If you see the...  (more)
Answered Feb 2012
How do I get a business valuation?
I suggest that each your partner and you engage his or her own business valuation analyst. Look for someone who is a Certified Valuation Analyst from the National Association of Certified Valuators and Analysts (NACVA). There's a directory on the NACVA website. Once you each have your own valuation,...  (more)
Answered Apr 2012
What's the best way to calculate how much long-term care insurance coverage I should buy?
I'm sorry for your loss. I don't sell Long-Term Care Insurance, or any products for that matter. As a financial planner, I know the cost of medical and long-term care is one of the greatest wild cards in our financial future. You've lived through it already in your Mother's case. So, you know first ...  (more)
Answered Mar 2012
Is a Roth IRA a good place to put emergecy funds?
The questions you're asking seem simple on the surface. Yet, the answers require a closer look at your situation. You probably wouldn't expect your doctor to prescribe a treatment without an examination. Same principles apply here. I suggest you contact a CFP professional near you. If you're concern...  (more)
Answered Mar 2012
Do I pay taxes on a trust fund?
Yes, or no. It depends on the type of trust (pass-through or not) and the taxation of the trust itself. Check with the trustee and your own tax advisor....  (more)
Answered Feb 2012
Which financial planner designations are meaningful?
I would look for the designations that require a broad and deep commitment to education, a rigorous test for competence, and strict requirements for ethics and continuing education. Among these are: CFP (Certified Financial Planner professional), ChFC (Chartered Financial Consultant) usually attaine...  (more)
Answered Feb 2012
How do I know exactly how much money I will get out of my profit sharing account if I quit?
You'll probably not be able to find an exact amount. Most profit sharing plans are invested and the values change daily. Many produce annual reports. Yet, by the time the report is printed it is already out of date. However, that's likely to be the best information you can find. You can go to your e...  (more)
Answered Mar 2012
How does inflation affect fixed income investments?
Inflation is a risk factor that definitely affects all investments. It's especially magnified with fixed income ones. Inflation is the gradual and subtle erosion of the buying power of your dollars over time. Fixed income investments pay a steady amount of dollars of interest and return a set amount...  (more)
Answered Feb 2012
How can I raise investment capital for my startup?
There are four basic sources of equity financing for most small businesses. First, there's your own money that you invest into the business. The next level is called "friends and family." These are people you know or friends of friends. The next two levels involve getting money from professional inv...  (more)
Answered Feb 2012
How do I know how much of my donation is actually going to the mission of the charity?
You can go to charitynavigator.org. Many, but not all charities are found there. And, public charities must release their financial information, however some others (religious charities, for example) do not. You can also ask the charity you're interested in for their financial reports. If they don't...  (more)
Answered Mar 2012
Is it better to buy a second home or investment property?
There definitely are tax differences. However, since I'm an investment advisor not a tax advisor, you should discuss this with a qualified, experienced tax professional. Also, think about this from every angle. There are always risks that come along with any potential reward. And, if you own rental ...  (more)
Answered Feb 2012
What is the better strategy: A Roth 401k or a Regular 401k?
Everyone has heard about diversification. Well, it might be a good idea to diversify your retirement accounts from a tax perspective. That means have both tradtional 401(k) and Roth 401(k) account balances. This will give you more flexibility in retirement. One suggestion - if you have a balanced in...  (more)
Answered Feb 2012
Can I transfer my childs 529 plan to another state?
Yes. Tax law allows you to transfer one plan to another plan without tax consequences. However, you can only do this once in any 12 month period. Transferring to lower cost plans and funds is a good reason. Work with your current plan to effect the transfer directly to the new plan....  (more)
Answered Feb 2012
How Can I find an advisor to help with divorce?
This is an excellent answer containing very good suggestions. It's important to ask for a referral from the attorney you're working with. Not only have they worked with many financial experts but they also will know who is right for your situation....  (more)
Answered Feb 2012
What is the difference between a broker and an advisor?
I've been both and am now an independent registered investment advisor. In a nutshell, brokers have a natural conflict of interest. What is best for them and their brokerage firm many not be best for you, the client. Many brokers are good people and try to work around these inherent conflicts. Howev...  (more)
Answered Feb 2012
If interest rates increase, should I consider a Zero-Coupon bond?
If you expect interest rates to increase then stay away from locking in rates now in any form - zero coupon bonds in particular. Either keep your investments very short-term (less than one year) or use adjustable rate investments that can keep up with the rates as they increase. Rates are very low n...  (more)
Answered Feb 2012
Tax forms for pension payments made during 1011?
Contact your former employer or the pension plan administrator to get copies of the forms. If you are receiving pension benefits you will also receive a form 1099-R with the details you should include on your tax return....  (more)
Answered Mar 2012
Is there anything to my Financial Advisor having a Vice President title?
Scott Bell's answer is very complete. So, I will simply back up what he's saying. I was with a Wall Street firm for 22 years, ending as a Sr. Vice President. The title was based almost entirely on production -how much revenue was generated for the firm over the course of the year. It was partly bas...  (more)
Answered May 2012
Is alimony tax deductible?
Yes, alimony is tax deductible. However, if any amount can be construed as child support, then that amount is not deductible. I suggest you consult with a CPA to be sure you're fling your return correctly....  (more)
Answered Mar 2012
What is the maximum "gift" I can give before I am taxed?
In 2012 you can each gift away up to $5,120,000 while you're alive and none of that would be taxable - unless you've used up some of your lifetime exemption in previous years. Currently, if Congress doesn't change the law, this number will revert back to $1 million in 2013. So, there's a window of o...  (more)
Answered Feb 2012
What percentage of my business revenue should I donate to charities?
Whatever guideline you use, such as a % of gross revenues, or a % of net, or a flat amount, you should consider involving your employees in the decision where to donate some or all of the amount. This can be a great team-building, morale building and retention tool. You can also consider letting you...  (more)
Answered Feb 2012
Is it better to have a C-Corp or LLC for your consulting company?
I've had both and I must say that this isn't a simple question or easy answer. I recommend that you consult with a qualified, experienced business attorney on this one. The cost in the short run can save you a lot of money and headaches if you make the wrong choice in the long run. Also, California ...  (more)
Answered Feb 2012
What is a closed end fund?
A closed-end fund is a mutual fund that issues shares that trade on an exchange (like the NYSE). They are called closed-end because they don't create or redeem new shares daily like open-end funds. The shares are priced on the market due to supply and demand and often the shares are higher (premium)...  (more)
Answered Feb 2012
Can I set up an IRA if I'm already 59 1/2?
No, it's not too late. You can contribute to your IRA or ROTH IRA up to age 70 1/2, as long as you have earned income. Remember, the rules relating to the deductibility of a traditional IRA contribution are a bit complicated. And contributions to a ROTH IRA are limited based on annual income. ...  (more)
Answered Feb 2012
What is the gift tax limit/rate?
The annual exclusion amount is $13,000 per person. So, in your case, you and your wife may gift up to $13,000 each (total of $26,000) to any person. (It's unlimited to your own spouse.) If you each gift $13,000 to both your daughter and her future husband, that's a total of $52,000 ($13,000 x 2 x 2)...  (more)
Answered Mar 2012
What type of ira do you recommend to roll this over and pay less or no taxes?
It depends on what "this" is. If we can assume it is a distribution from a 401(k) or other retirement plan, check to see if any of the distribution is of "after tax" contributions. You'll want to handle this amount differently, if there is any. Also, check to see if any of it is ROTH 401(k) - also i...  (more)
Answered Feb 2012
How should I choose a CPA to work with for 2011 taxes?
One key differentiation is "proactive" versus "reactive" CPAs. If the CPA talks about tax planning and helping you make important decisions affecting your future, then this is a proactive CPA. If they talk mostly about preparing your tax return, then they are mostly reactive. One isn't better or wor...  (more)
Answered Feb 2012
    *Answers are submitted by advisors without compensation.

    Licenses & Conducts

    SEC
    U.S. Securities and Exchange Commission
    • license status
      Registered
    • disclosures
      None
    • as of date
      Jul 20, 2019
    FINRA
    FINRA
    • license status
      Not registered
    • disclosures
      1
    • as of date
      Feb 2, 2018
    Review the status and details of the disclosures noted above using the SEC's Investment Advisor Public Disclosure website:

    Assets

    Advisor

    Last updated on July 21, 2019
      • $81.0M
        Total Assets Under Management
      • $0
        Total Assets Under Advisement
      • 90
        number of clients
      • $900.0K
        Estimated Average Account Balance Per Client

    Hynes Advisory Inc. Dba Hearthstone | Private Wealth Management

    Last updated on April 25, 2019
      • $216.5M
        Total Assets Under Management
      • $0
        Total Assets Under Advisement
      • 90
        number of clients
      • $2.4M
        Estimated Average Account Balance Per Client

    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

    • Percentage Of Assets
    • Fixed Fees