Dan Danford

CFP
Personal Finance, Investing, Small Business
94%
Helpful
32
Answers
20
Articles
25
Followers
“With over three decades of experience in the financial industry, Dan Danford is fully committed to his clients' investment success, rather than earning sales commissions or lavish prizes. He started as a bank trust officer in 1983.”
Firm:

Family Investment Center

Job Title:

Principal/CEO

Biography:

Dan Danford is a gifted communicator. He has written hundreds of articles and several books. He has taught classes for high school, college, and community groups. He speaks often and served as commentator for a local ABC affiliate television station.

Dan founded Family Investment Center in 1998. In total, he’s been a successful senior officer in five different banking or investment firms since 1984. He earned a Master’s degree in Personal Finance from Kansas State University and an MBA from Northwest Missouri State University. Today, Family Investment Center manages well over $100 million for clients in a dozen states.

Dan is quoted extensively about investing. He’s written for or been quoted in the Wall Street Journal, New York Times, Chicago Tribune, Kiplinger’s, U.S. News & World Report and dozens of other newspapers, magazines, and media outlets.

Dan has served in numerous leadership positions for civic and professional boards including the Missouri Western State University Board of Governors and as treasurer of the St. Joseph Area Chamber of Commerce. He was Chairman of the Friends of the Free Clinic, a support group for the Social Welfare Board in St. Joseph.

Dan has been president of the Missouri Western State University Alumni Association and was honored in 2003 with the Missouri Western State College Distinguished Alumni Service Award.

Education:

MS, Personal Finance, KSU
MBA, NWMSU
BS, Marketing, MWSU

Assets Under Management:

$150 million

Fee Structure:

Fee-Only

CRD Number:

3067053

Videos
  • Dan Danford / Family Investment Center
All Articles
Sort By:
Most Helpful
June 2017
    Personal Finance
last month
    Personal Finance, Banking, Investing
3 weeks ago
    Personal Finance
4 days ago
    Choosing an Advisor
June 2017
    Investing, Stocks

All Answers
Sort By:
Most Helpful
    Investing, Stocks
Why should I invest in private stock with no dividends?
100% of people found this answer helpful

You nailed the issue by asking about monetizing the investment. Without dividends, your only hope is that the company sells out at some future date and that all investors are rewarded. That's a big "if." It is probably more likely in some industries than others, but the general likelhood is low. Crowdfunding seems more to me like marketing than investing ... trying to make friends and customers feel part of a new venture. There is nothing wrong with that, but remember that investment prospects are low. Do it for fun, do it for prestige, do it for personal fulfillment. Don't do it for investment purposes.

July 2017
    IRAs
Can I return funds to my Traditional IRA after taking a distribution?
100% of people found this answer helpful
July 2017
    Personal Finance
Can I control my 403(b) through a website instead of paying fees with a broker?
100% of people found this answer helpful
July 2017
    Financial Planning
Do I need to be licensed to offer financial planning help?
100% of people found this answer helpful
June 2017
    Marriage / Divorce, 401(k), Income Tax
What is the most tax efficient way to give my ex wife half of my 401(k) funds?
100% of people found this answer helpful
June 2017