Alec Witkowski

Personal Finance, Retirement, Investing
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“AJ Witkowski is the President of WIT Wealth Management and a partner with The Financial Guys”
Firm:

Peak Brokerage Services

Job Title:

Wealth Manager

Biography:

Licensed with FINRA Series 7 and FINRA Series 66 and NYS Life, Accident & Health, Alec Witkowski has a breadth of experience in the finance industry. His firm, WIT Wealth Management, offers wealth management, financial planning, investment management, educational seminars. Partnering with The Financial Guys, AJ heads up the Millennial Division. He educates young investors about investing, personal finance, and planning. 

As an entrepreneur, and a millennial, AJ has first hand experience with creating a business from scratch. 

He can be heard on 930WBEN Radio and seen on Channel 7 Buffalo.

Assets Under Management:

$5 million

CRD Number:

6381230

Disclaimer:

Securities are offered through Peak Brokerage Services, LLC, Member FINRA/SIPC.

Advisory Services offered through Blackridge Asset Management, LLC, a Registered Investment Adviser. Securities are offered through Peak Brokerage Services, LLC, Member FINRA/SIPC. Blackridge Asset Management, LLC and WIT Wealth Management are separate and independent entities from Peak Brokerage Services, LLC.

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    Banking, Retirement, Retirement Savings
How do I start growing a nest egg for retirement with very little savings?
100% of people found this answer helpful

Hey there, 

Starting to invest to receieve better than 0.25% over a year is important.

The simple answer is to open up a Roth IRA and invest into securities (stocks, bonds, ETF, mutual fund) that follow your risk tolerance.

Your risk tolerance will be able to determine how your money should be invested. For example, a CD is very conservative because it holds your premium and there's not a lot going on in terms of return. 

The longer answer is to use a trusted advisor who will look out for your financial goals and objectives. That way they can take into account your risk tolerance, goals, objectives, and expenses and put together a comprehensive financial plan that can be the first step to putting you on the right path.

1. Find your risk tolerance (very conservative, conservative, moderate, aggressive, very aggressive)

2. What are your financial objectives (pay off debt, buy a house, student loans)

3. What are your financial goals (retire, retire early, start a business, second home, financial freedom)

There are advisors out there that help people getting started with little saved. It is always nice to remember, find a path. Obstacles and bumps are a part of life but knowing your path can put you back on a track you set up.

Good luck!

2 weeks ago
    Banking, Career / Compensation, College Tuition, Debt, Financial Planning, IRAs
Should I take advantage of my employer offering to pay for two years of schooling for me to receive a degree?
100% of people found this answer helpful
2 weeks ago
    Debt, Financial Planning, Investing
Should I pay off large amounts on my student loans or pay off small amounts and invest the rest?
100% of people found this answer helpful
2 weeks ago
    Social Security, Real Estate
How should my unemployed, 53-year-old family member who has money from the sale of her home invest her money given that she has health conditions that may limit her ability to work in the future?
86% of people found this answer helpful
2 weeks ago
    Banking, Investing
What should I do with the extra income I will be earning from a promotion?
September 2018