Evan Wolk

Personal Finance, Retirement, Investing
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“With over 27 years of experience in the financial services industry, Evan Wolk has an outstanding reputation for personal, quality service in retirement, financial and education planning.”
Firm:

Wolk Financial Management

Job Title:

Managing Director

Biography:

Evan Wolk, Managing Director of Wolk Financial Management, Inc. has over 27 years’ experience in the financial services industry. Prior to founding WFM, Evan worked for Smith Barney in Boca Raton where he provided his clients a broad range of financial services including the development of investment strategies and the implementation of comprehensive financial plans. His experience includes equities, 529s, fixed income, managed funds, insurance and retirement planning. As a financial advisor and independent contractor with KMS Financial Services, Inc., Evan is not tied to a specific company's products or required to use proprietary funds; he has the freedom to align his clients’ needs with the most appropriate products. Additionally, he holds the Chartered Retirement Planning Counselor designation.

Throughout his years of service, Evan has identified two primary needs facing his clients today, retirement planning and education planning.  Quite often, these issues are intertwined.  Evan is able to see “the big picture” and understands that decisions involving both areas cannot be made in a vacuum. He is known for his ability to ask the right questions and assist his clients in developing a plan to achieve their goals.

Prior to moving to South Florida in 2002, Evan was a Vice President in the Securities LendingDepartment of J.P. Morgan (formally chase Manhattan/Chemical Bank) where he was responsible for the sales and trading of a $100 billion highly successful diversified securities lending program. He also spent four years with Yasuda Bank and Trust Company (U.S.A) where he served as the investment manager of the securities lending department.

While attending The George Washington University in Washington, D.C., (where he earned a B.A. in International Affairs with a concentration in International Economics) Evan worked for the United States Department of State where he served as an Intelligence Operations Specialist responsible for preparing the daily classified morning summary of intelligence reports for the Secretary of State.

Since relocating to South Florida, Evan has become an active member of the community consulting the City of Parkland on their Police Officer Defined Benefit Plan. He currently serves as the Chairman of the Parkland Chamber of Commerce where he has been an active member for over twelve years.

Education:

BA, International Affairs, The George Washington University

Assets Under Management:

$25 million

CRD Number:

4604354

Disclaimer:

Securities and advisory services offered by Evan Wolk through KMS Financial Services, Inc., Member FINRA, SIPC.  Evan is currently licensed in the following states:  CA, CO, CT, FL, MA, NJ, NY, VA and WI. 

http://brokercheck.finra.org/

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  • Evan Wolk Investopedia
All Answers
    College Tuition
How can I save for college without the IRS taxing me a large amount?

Planning for future college expenses (tuition, room, board, books, etc.) is a complex process that shoudl taken to account more than just concerns about tax.  How old are your children, do they know what type of school they plan on attending, and what is your overall financial situation are just some of the critical questions that need to be looked at when making these decisions.  If you have a successful student and your asset base and income are not very high (relatively) and your student wishes to go to a private school there are many schools that may offer need based scholarships that may be negatively effected by some common and popular forms of college planning vehicles.  If you are a relatively high earner with substantial assets it may make sense to look at what are called 529 plans.  These are state s state sponsored plans that allow contributions to grow tax deffered and eventually withdrawn tax free (income and capital gain) if used for a qualified higher education expense.  Many states also offer various forms of pre-payment plans which lock in current costs and are generally tax friendly but may cause signifigant financial gaps if the student ends up not going to an "in-state" public school.

The main point of emphasis is the question, as you ask is very complicated and requires a look at your overall situation and what are the hopes and desires of your student.  Often times different children in the same family are benefited by different solutions.

 

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