John Daly

CFP®
Personal Finance, Retirement, Investing
82%
Helpful
28
Answers
5
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
Sort By:
Most Helpful
October 2016
    Bonds / Fixed Income
December 2017
    Personal Finance, Financial Planning
December 2016
July 2017
5 weeks ago

All Answers
Sort By:
Most Helpful
    Personal Finance
What can cause the rate of return to be negative?
40% of people found this answer helpful

As explained in the other answers, a negative rate of return means that your investment is worth less now than what you paid for it. That can and does happen during periods, especially with riskier assets. However, you do not want that to be a long term trend. Compare your investment to an appropriate benchmark to see how it compares and evaluate how your investment is performing. For example, if you bought an emerging market stock fund last year, you would most likely have had a negative return. And if you looked at the overall emerging market category last year, it was negative as well. So, your investment was in line with the benchmark. Negative rates of return can and do occur. Always reevaluate and review your investments to make sure they are still appropriate for the future.

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
    Investing, 401(k)
Should I split up my 401(k) to give to two separate investment companies?
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
    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