Sherwood Investment Management
Prior to founding Sherwood Investment Management, Brian served as an Investment Advisor at The Wealth Conservancy in Boulder, CO. There he provided a select but diverse group of clients the entire spectrum of wealth management services. In particular, he was responsible for implementing investment strategies for $250 million in client assets. Before pursuing his passion for investing, he served as an officer in the United States Air Force. He flew several types of aircraft before transitioning into the engineering field. As an engineer, Brian managed large-scale construction projects in the United States and overseas. He continues to embrace the Air Force core values of integrity, service, and excellence.
Brian received his Master of Science in Financial Analysis (MSFA) from the University of San Francisco in 2014. He received his MBA in Finance from the University of Arizona, and is a CERTIFIED FINANCIAL PLANNER(TM). Brian graduated from Clemson University with a BS in Civil Engineering.
When he's not helping clients, Brian enjoys spending time with his family, playing tennis, hiking, skiing, and traveling. He has been to 48 of the 50 States (Alaska and South Dakota are the holdouts) and has lived in Sarasota, FL, Boston, MA, Tucson, AZ, Albuquerque, NM, Boulder, CO, and San Francisco, CA.
MS, Financial Analysis, University of San Francisco
MBA, Finance, University of Arizona
BS, Civil Engineering, Clemson University
The initial value of a standard currency swap is $0. The two parties to the swap exchange the notional principal amount at the outset.
It may be helpful to think of comprehensive financial planners like primary care physicians. It's often wise to check in with them before seeking more specialized help. Why? They may be able to handle the issue in-house, thereby saving you time and money. If they don't have the necessary expertise, they can likely match you up with someone they know and trust who does.
It just depends on the index. If an index is trying to track value stocks, it may only include stocks that have a P/E (Price/Earnings) Ratio below a certain value. If an index is trying to track large-cap stocks, it will probably only include stocks that have achieved some minimum market capitalization. Companies like Standard & Poors develop different indexes using all kinds of qualifying and disqualifying screens.
You shouldn't be charged any fees to open a brokerage account. Once you have an account, you will likely be charged commissions by the brokerage firm when you buy/sell different investments within it. Be sure to find out what those are before you place any trades. Also, the company that issues the investment to you may charge you a (typically annual) management fee. Be sure to INVESTigate whether your potential investment has any of those as well.
It often makes cents to hold REITs in tax advantaged accounts because, like bonds, they tend to generate a lot of income.
If the REITs aren't held in a tax advantaged account, you will probably be taxed annually on that income. Also, when you sell the REIT, you may have to pay capital gains tax if its price has appreciated since you bought it.