Back to top

Overview

Services

Advisor Services

  • Financial Planning
    • -Estate Planning
    • -Comprehensive Financial Planning
    • -Retirement Planning
    • -College Planning
    • -Charitable Planning
    • -Other Financial Planning
  • Insurance
    • -Life Insurance
    • -Long-Term Care Insurance
    • -Annuities
    • -Other Insurance
  • Pension Consulting
    • -401k
    • -403b
    • -457
    • -Defined Benefit
    • -Other Pension Consulting
  • Portfolio Management
    • -Individuals and/or Small Businesses
    • -Investment Companies
    • -Businesses or Institutional Clients
    • -Other Portfolio Management

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
Regulus Advisors, LLC 3 years, 7 months Jan 2015 - Aug 2018
Regal Investment Advisors LLC 9 years, 1 month Jul 2010 - Present
American Portfolios Advisors 4 years, 9 months Mar 2010 - Dec 2014
American Portfolios Financial Services, Inc. 4 years, 10 months Feb 2010 - Dec 2014
Sagepoint Financial, Inc 1 year, 1 month Jan 2009 - Feb 2010
Regal Financial Group, LLC 12 years, 6 months Mar 2007 - Present

Designations & Memberships

Membership information not available

Articles and Answers

Insights by Craig Coughlin

There are no insights for this advisor to display at this time.

Answers

Ask a financial questionAsk a question
What should my kids do with their UGMA accounts?
Michael,Upon your son turning 18, the UGMA account can be retitled into an account with his name and the assets transferred to that account. There will be tax implications if there are securities held in the account and they are sold or redeemed. Please consult your tax advisor for your specific ...  (more)
Answered Jan 2012
Do I need to create an LLC or an Inc?
You should consult a business attorney and they will advise you as what whether you should be an LLC, S-corp, or C-corp....  (more)
Answered Jan 2012
I accidentally contributed more than the limit to my 401k plan?
Check out page 17 publication 560 for excess deferral into qualified plans (http://www.irs.gov/pub/irs-pdf/p560.pdf). You will have to make a corrective distribution from the plan and report it on a 1099R. Please read the section on excess deferrals carefully. There will not be a 10% penalty for ...  (more)
Answered Jan 2012
Is it a good idea to buy a foreclosure or short sale? Any risks?
Clara,As with any investment, there are risks. The condition of property, especially if it has been vacant for a lengthy period of time, can be difficult to easily determine. Major unforeseen repairs could make any discount unpalatable. Do not simply trust an inspection report. If possible take...  (more)
Answered Feb 2012
Is it OK to have multiple financial advisors each managing a portion of my assets?
Carol,The answer ultimately depends upon your comfort level with having one advisor or multiple advisors. It also may depend on how much money you have to manage. Having multiple advisors may require more time on your part but it may be worthwhile to have more than viewpoint when assessing your p...  (more)
Answered Jan 2012
Does taking money out of my 401k savings affect my credit score?
No it does not. You may find this site helpful in determining what does affect and what does not affect your credit score: http://www.myfico.com/crediteducation/whatsinyourscore.aspx...  (more)
Answered Jan 2012
Do I need to repay the 10k loan from my IRA tha I will use to purchase a home as a first time home owner?
Edwin,If you used IRA money to help make a down payment on a home and it qualifies as a first home you are either buying, building, or rebuilding (see publication 590 and talk with your tax advisor), it is considered a distribution from the IRA and taxed as income in the year of distribution. It q...  (more)
Answered Jan 2012
What are the advantages to using a health savings account (HSA)?
Maureen,I have had a health savings account (HSA) for years. What you have is a high deductible insurance policy in combination with an optional savings plan. Your employer may or may not contribute to the savings plan. You also may or may not contribute to the savings plan. The basic idea is f...  (more)
Answered Mar 2012
What are the top 401K plans for small businesses with 10 employees or less?
Lynda,The answer is it depends. The Simple Plan is likely the most popular but which plan you choose is going to depend upon your goals and what is cost effective. There are many things to consider. What are you trying to accompllish with a qualified plan? Are you trying to maximize tax benefit...  (more)
Answered Mar 2012
I am almost 60 can i take out part of my 401k if so what do i do?
That depends upon what the 401k plan document will allow. If the plan allows for in-service distributions since you have met a qualifying event (age 59 and 1/2) then you could request a direct rollover to an IRA. Contract your HR department to find out if an in-service is possible....  (more)
Answered Jan 2012
What is a ROTH IRA Tax Credit?
There is a tax credit for retirement plans in general if your adjusted gross income falls within the parameters, not necessarily just a ROTH IRA. See form 8880: http://www.irs.gov/pub/irs-pdf/f8880.pdf...  (more)
Answered Jan 2012
Do I need to repay the 10k loan from my IRA tha I will use to purchase a home as a first time home owner?
Edwin, If you choose to not pay back the IRA within 60 days, then the money taken out of the IRA would be considered a distribution and taxed as income in the year of distribution. If you qualify for as a first time home buyer (again, you should confirm this with CPA or tax accountant), then you w...  (more)
Answered Jan 2012
Can I contribute to both a 401k plan and a Defined Benefit Plan?
Dominc,the short answer is yes.Caveat Emptor on the defined benefit plan as you really need to know what you are getting into. I assume you are a business owner and that you want to put away as much pretax money as possible (i.e. well more than 49k per year). If your company has maintained cons...  (more)
Answered Mar 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
      Jan 3, 2019
    FINRA
    FINRA
    • license status
      Registered
    • disclosures
      None
    • as of date
      Jan 3, 2019
    Review the status and details of the disclosures noted above using the SEC's Investment Advisor Public Disclosure website:

    Assets

    Corecap Advisors

    Last updated on June 5, 2017
      • $600.0M
        Total Assets Under Management
      • N/A
        Total Assets Under Advisement
      • 3K
        Accounts
      • $203.4K
        Estimated Average Account Balance

    Fees

    Types of Compensation Arrangements