Stephen Rischall

CRPC
Personal Finance, Retirement, Investing
97%
Helpful
75
Answers
9
Articles
52
Followers
“Stephen Rischall is an award winning fiduciary financial adviser providing expert advice to entrepreneurs, families and young professionals. He is a founding partner at 1080 Financial Group, a modern Registered Investment Adviser firm. ”
Firm:

1080 Financial Group

Job Title:

Founding Partner / Financial Adviser

Biography:

Stephen Rischall is an award winning financial adviser and public speaker. He has been recognized as one of the top "40 Under 40" financial advisers by InvestmentNews and was ranked in the top 10 of the Investopedia 100. He has also been featured in the Wall Street Journal, Los Angeles Times,  and more.

Stephen began learning to invest using his own money at the age of thirteen. While in college he began his career in the financial services industry while helping his mother recover from financial fraud.  He earned his BS in Honors Finance at California State University Northridge and received a special commendation for managing the University Corporation Student Investment Fund. He started building his practice after college at a large brokerage firm where he met his business partner, Matt. They recognized many conflicts of interest working in that environment and knew they could do better for their clients independently. In 2013, they put plans in motion to launch 1080 Financial Group and by 2015, the firm became a Fiduciary fee-only Registered Investment Adviser.

Earlier in his career, Stephen was recognized as a "20 in their 20’s" honoree for being an outstanding young entrepreneur and has also been recognized as a "Valley's Trusted Advisor". He actively serves his community and is known as "the financial advisor that won't retire before you do". In his free time, he enjoys mountain biking, skiing, snowboarding and gardening.

Education:

B.S. - Honors Finance & Financial Management Services, California State University Northridge
Chartered Retirement Planning Counselor, College for Financial Planning

Assets Under Management:

$30 million

Fee Structure:

Fee Only

CRD Number:

5215325

Disclaimer:

Investment management and financial planning services offered through 1080 Financial Group, a Registered Investment Adviser.

Videos
  • Investopedia Advisor Insights - Stephen Rischall
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January 2017
    Choosing an Advisor, Starting Out
October 2016
    Financial Planning, Personal Finance, Starting Out
October 2016
    Debt, Personal Finance
July 2016
    Choosing an Advisor, Financial Planning, Personal Finance
January 2017
    Retirement, Retirement Plans, Retirement Savings

All Answers
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    IRAs
Can you use dividend distributions from an IRA to satisfy an RMD?
100% of people found this answer helpful

Yes you can.

Any distribution from an IRA account will count towards satisfying your annual Required Minimum Distribution, including dividends. Be sure to use this information from the IRS to calculate your annual RMD which considers your age and the prior year end (12/31) value of all applicable qualified retirement accounts.

If the total amount of dividend distributions you receive during the year does not surpass the total Required Minimum Distribution, you will need to withdraw additional funds from your qualified accounts to satisfy the requirement and avoid penalties.

Stephen Rischall, CRPC

January 2017
    Investing
How risky is investing in Treasury Bills?
100% of people found this answer helpful
December 2016
    Retirement, 401(k), IRAs
What is the optimal retirement contribution allocation for IRAs?
100% of people found this answer helpful
September 2017
    Career / Compensation, Financial Planning, Retirement Savings
Which retirement plan should I choose when my employer offered to contribute monthly to whichever plan I decide?
100% of people found this answer helpful
June 2017
    401(k), IRAs, Taxes
Is it better to withdraw my funds from my 401(k) or from an IRA?
100% of people found this answer helpful
September 2017