James D. Kinney

CFP, CCPS
Retirement, Investing, Lifestage Based Planning
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Articles
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“Jim is a firm believer that sound financial planning, when done with proper due diligence and a fiduciary standard of care, can improve lives, reduce stress, avoid pitfalls, and help clients achieve their most important goals. As a fee only advisor, he only provides "client-goal-centered” advice and does not accept commissions for the sale of financial products or insurance. ”
Firm:

Financial Pathway Advisors, LLC

Job Title:

Owner

Biography:

James Kinney is the founder and owner of Financial Pathway Advisors of Bridgewater New Jersey. Financial Pathways also has offices in Flanders and Cranbury New Jersey. 

Jim is a Certified Financial Planner and a NAPFA registered fee only financial advisor. Fee only advisors are committed to maintaining a compensation model that eliminates the potential conflicts of interest which may result when parties other than the client are paying for advice. Fee only advisors are not permitted to accept commissions, referral payments, or any other form of compensation from investment firms, insurance companies, or other professionals.

Jim is a strong believer in the power of financial planning, when done with the clients’ best interests in mind, to improve lives, reduce stress, and achieve goals. Both Jim and Luba have analytical backgrounds (both have spent time working in IT, as well as business and finance), which are demonstrated in the care and attention they pay to even the smallest detail in their clients’ financial plans. 

In addition to retirement planning and investing, Jim has specialized training in planning for college, while his partner, Luba, is a Certified Divorce Financial Planning Specialist. 

Jim believes that investment risk management should be at the core of every financial plan. Again, his analytical approach is on display as the firm carefully creates, for each client, portfolios that are optimally diversified to balance investment risk vs. the need for positive returns. There are no cookie cutter investment solutions at Financial Pathways. Each client’s investment recommendations are unique and based on his or her carefully considered financial plan.

Jim lives in Hillsborough New Jersey with his wife Laura. They have four adult and college age children. Jim earned his bachelors degree in Business Administration from Drexel University in 1984, his MBA from Fairleigh Dickinson University in 1990. Prior to beginning his current career, Jim had been a successful entrepreneur, founding and growing a successful international manufacturing and data management company from 1990 to 2003. He started his financial planning career in 2004, founded Financial Pathways in 2007, and earned his CFP® certification in 2008. Luba Globerman joined his practice in 2009. Jim is a member of the Financial Planning Association (FPA) as well as the National Association of Personal Financial Advisors (NAPFA).  He has been an active adult leader in the Boy Scouts of America for 18 years, and enjoys camping, hiking, fishing, running and the outdoors.   

Education:

BS, Business Administration, Drexel University
MBA, Fairleigh Dickenson University

Fee Structure:

Fee-Only
Hourly
Project-Based
Asset-Based

CRD Number:

4906584

Disclaimer:

Financial Pathway Advisors is a Registered Investment Advisor in the State of New Jersey. Advisory services are offered only to residents of the State of New Jersey, except as permitted by applicable state and federal securities regulations.

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December 2017
    Investing, Stocks
June 2017
    Retirement Savings, Retirement Living, Retirement
September 2017
    College Tuition, Debt

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    Financial Planning, Retirement, Retirement Savings, 401(k), IRAs, Retirement Plans
I have a 401(k) with my new employer; should I roll my traditional IRA into my new 401(k) account?
100% of people found this answer helpful

I sense your motivation here is that the IRA is not performing well.  If this is the case, as others have alluded to, it is not the fault of IRA vs. 401k.  It is likely the fault of the investment strategy and/or fees associated with the account.  

If you put $100,000 in a 401k and $100,000 in an IRA and invested both in a total stock market index fund, the return should be exactly the same - minus any difference in fees or commissions on the accounts.  Most large company 401ks have fairly low fees.  Some small company plans have higher fees, due to fewer employees to share recordkeeping costs.  You can research your plan at www.brightscope.com.   

As for your IRA, I sense that you have an advisor managing that account for you.  If so, of course they have a vested interest in telling you to keep it where it is, and not rolling it into your 401k.  And of course, the advisor is getting paid, which is a drain on your investment returns.  But if you are getting really good advice and direction regarding your investments (and the rest of your financial life) from the advisor, maybe the fees are worth it.  

Bottom line, you need to find out WHY your IRA performance is diappointing.  Is it the markets?  Is it the selection of investments (too much in bonds would have inhibited performance this year with increasing interest rates)?  Is it fees or expense load in the investments?  

If you are unsure, you can look for an independent CFP who charges by the hour to help analyze your accounts and steer you in the right direction.  You can find such an advisor at www.napfa.org.  

June 2018
    Asset Allocation, Bonds / Fixed Income, Stocks, Starting Out
Is it too early to start a portfolio for my one-year-old child, and would it be better to start off with a stock or a bond?
100% of people found this answer helpful
June 2018
    Financial Planning, Pensions, Investing, IRAs, Taxes
What should I do with my Roth IRA while I move to Germany for 5-8 years?
100% of people found this answer helpful
4 weeks ago
    Investing, Asset Allocation
What is the difference between investing and speculating?
84% of people found this answer helpful
July 2016
    Marriage / Divorce, Retirement, Pensions, Taxes, Insurance
Considering federal tax consequences, is it more advantageous for my partner and I to get married or stay single?
75% of people found this answer helpful
April 2018