Russ Blahetka

CFP®
Personal Finance, Investing, Lifestage Based Planning
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“Russ Blahetka, founder and Managing Director of Vestnomics Wealth Management, is committed to providing his clients with personal financial planning, investment management, and other wealth management services on a fee-only basis.”
Firm:

Vestnomics Wealth Management, LLC

Job Title:

Managing Director

Biography:

Russ Blahetka, CFP® is the founder and Managing Director of Vestnomics Wealth Management, an independent, fee-only, Registered Investment Advisory firm serving individuals, families, and self employed individuals. He founded Vestnomics on the simple concept that everyone has the right to achieve their financial goals. Prior to this, he was a Financial Advisor and District manager at Waddell & Reed.

At Vestnomics the focus is on the human side of finance. Together, Russ and his team cut through the jargon and media noise and focus on the personal, human aspect of their client's finances. Vestnomics is a personal, economic advisor. The fee structure for the firm is transparent and reasonable. They offer hourly or flat fee for financial planning and also offer assets under management based fees. Russ' clients receive regular communications on their portfolio's performance as well as timely updates of market conditions. All advisors at Vestnomics are bound by the CFP® Board's code of ethics. This means Russ and his team are bound by the "best interest" standard, not the less strict "suitability" standard.

In addition to helping clients towards their goals, Russ teaches "Investments in Personal Financial Planning" at the UC Santa Cruz Extension. Additionally, he teaches "Financial Statement Analysis" in the extension's CPA and Business Administration program. Outside of his professional endeavors, he can be found taking lessons in an Evektor Sports Star working towards his Sport Pilot License. Furthermore, he serves on the board for Title IX Media, an organization which promotes gender equality in sports, and the Academy of Finance at Independence High School.

Education:

DBA, International Business, Argosy University
MBA, Global Business, San Jose State University

Assets Under Management:

$14 million

Fee Structure:

Fee-Only

CRD Number:

4547259

Disclaimer:

Information contained in this posting is informational and educational in nature. Do NOT take information provided here as legal, tax, or investment advice pertinent to your specific situation. Any information posted here is not a solicitation of any type, nor does it constitute an opinion on the appropriateness of any investment either in general or specific to the reader's situation. Do NOT act on any information or answer without obtaining legal, tax, and/or investment advice  specific to your situation from an appropriately licensed professional.   

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    401(k), End of Life
Can you find out when, why, and how much a deceased relative withdrew from their 401(k)?
100% of people found this answer helpful

As my colleagues mentioned, there are privacy laws which limit the amount of information a firm can provide. While the first thought is, "Well, Tony is dead, what does he care?" there could be reasons Tony's estate or other family members may not want that information disclosed. 

If you suspect elder abuse (It may be an incorrect assumption, but I assume the relative was over 59-1/2) or some other fraud perpetrated on your relative it may be possible to obtain a court order to have the information released. However, the records will only show when, to whom, and the amount dispersed. The 'why' will be left to your imagination or further investigation. However, even if you suspect something like this, and ask for an investigation, you may not be entitled to the results of the enquiry. 

On the surface, this is not a financial question, rather it is a legal one. If you believe you have a right to the information but are being blocked, you may need to seek an attorney to help you. If you feel some sort of fraud or elder abuse evident, you will need an attorney. Regardless of your reasons, seek out a competent atorney to help you determine if you have any options in this situation. Many of us are not atorneys and I doubt even a good attorney can give you advice based on a one sentence description.

3 weeks ago
    Debt, Investing, Real Estate, Taxes
Will a federal housing administration (FHA) loan or conventional loans give me the maximum return over 30 years on a real estate investment?
100% of people found this answer helpful
April 2018
    IRAs, Stocks, Taxes
What should I do with the stock tender offer money I received due to a merger?
100% of people found this answer helpful
May 2018
    Investing, Choosing an Advisor, Stocks
I need to report the proceeds of sales of shares from six different companies on my Form 8949 and Schedule D form, but my broker will not report these amounts because they were under $10.00; how can I report this information?
100% of people found this answer helpful
April 2018
    401(k), Taxes
If I increase my contribution to my 401(k) account to an amount higher than what my company matches, will I have to pay taxes on the increased amount?
75% of people found this answer helpful
April 2018