John Daly

CFP®
Personal Finance, Retirement, Investing
83%
Helpful
28
Answers
6
Articles
16
Followers
“John Daly, of Daly Investment Management, and his team have customized advice designed to grow, protect, and conserve our clients’ wealth by delivering the highest level of service and expertise.”
Firm:

Daly Investment Management

Job Title:

President, Wealth Manager

Biography:

John has been providing sound financial advice to individuals, families, and small business owners for over 17 years. John started his career as a financial advisor at Morgan Stanley in Scottsdale, AZ where he earned the Nation Directors Award his first two years. Upon moving back to his home town of Chicago, John joined Charles Schwab & Co as a Vice President-Financial Consultant. At Schwab, he provided fee based investment advice to high net worth individuals. After spending 10 years at two of the country's largest brokerage firms, John realized there were too many roadblocks on that side of the business and clients were getting the short end of the stick. Corporate conflicts of interest, firms trying to sell proprietary products, third party kick backs, and high fees were all hurting the end client. He knew there was a better way to help people achieve their financial goals. In 2009, John opened Daly Investment Management LLC to offer investors a true fiduciary option for their wealth management needs; to have someone who looks out for their needs, not the needs of big corporate brokerage firms.  John believes his greatest responsibility is to provide objective and prudent investment advice to help clients reach their goals.

John is graduate of Arizona State University where he majored in Finance. He is also a graduate of the College for Financial Planning. After which he went onto earn his Certified Financial Planner designation.

John lives in Mount Prospect, IL with his wife Laura and their two daughters. In his spare time John enjoys golfing, fishing, coaching his daughter's basketball team, and mainly spending time with his family. John is also a member of the Mount Prospect Chamber of Commerce. You can find him volunteering at many events throughout the community.

Education:

BS, Finance, Arizona State University

Fee Structure:

Fixed
Hourly
Commission
Fee-Based

CRD Number:

4133168

All Articles
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October 2016
    Bonds / Fixed Income
December 2017
    Personal Finance, Financial Planning
December 2016
December 2016
July 2017

All Answers
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    Investing, 401(k)
Should I split up my 401(k) to give to two separate investment companies?
27% of people found this answer helpful

You need to consider more than just who had the better return. Risk is an overlooked factor of investing. For example, if one of your portfolios returned 10% and the other 12% - you might automatically take the 12% portfolio. However, if the 12% return portfolio had a standard deviation(risk) of 18% and the 10% return portfolio had a standard deviation of only 9%, I would prefer the 10% return portfolio for the better risk adjusted return. Also ,the 1-2 year time horizon is too short of a period to account for any consistent performance. The NASDAQ was the best index to be in for about 5 years in the late 90’s, however it had a blow up and took almost 15 years to get back to its high water mark from early 2000. I would recommend that you go with the portfolio that is in line with your goals and risk tolerance. Try to keep fees low, diversify across multiple asset classes and you will do well in the long run.

December 2016
    Financial Planning, Investing, Real Estate
How should I invest monthly deposits so I can save for a home purchase?
27% of people found this answer helpful
December 2016
    Retirement, Social Security
Will my Social Secruity benefit increase if I go back to work?
25% of people found this answer helpful
October 2016
    Investing, Stocks
What market or stock is going to provide an immediate return?
25% of people found this answer helpful
October 2016
    Retirement, 401(k), IRAs
If myself and my employer contribute $59,000 to my 401K in 2016 (I'm 52.), can I still contribute $6500 to an IRA?
25% of people found this answer helpful
September 2016