Gary Duell

ChFC
Personal Finance, Retirement, Investing
89%
Helpful
99
Answers
0
Articles
12
Followers
“Gary Duell, Owner and Founder of Duell Wealth Preservation, wants his clients to receive the highest level of personal service and professional support that he can provide.”
Firm:

Duell Wealth Preservation

Job Title:

Owner and Founder

Biography:

Gary Duell is the Owner and Founder of Duell Wealth Preservation, an Oregon Registered Investment Adviser firm. Gary and his team know Health and Life Insurance is more than protection and risk reduction, it is a financial tool that helps secure the future of their clients retirement and gives them the freedom to experiment with new ideas and realize the passions that they put on hold while they are building a career and raising a family. That is why they specialize in insurance and financial products that help provide financial security such as Life Insurance, Annuities, and Long Term Care.

Gary provides comprehensive financial plans and the appropriate insurance and investments to implement them, continuing ethics education classes for insurance agents, as well as public seminars. He is currently on the faculty of Portland Community College’s Community Education department to provide retirement education to pre & current retirees.

Gary was born in Garden City Kansas, moving with his family to Salem, Oregon at the age of 5. He graduated from Willamette University in 1974 with a double major in psychology and philosophy. There being a scarcity of philosophy jobs, Gary took a harrowing nine-month stint at Oregon State Hospital as a psychiatric security aide on the women’s maximum security unit. “One Flew Over the Cuckoo’s Nest” was filmed there during that time, which only added to the chaos. The experience prompted Gary to change careers. He graduated from Willamette U. again, in 1977, with an MBA. After 18 years with Farmers Insurance, first as an underwriter, then supervisor, and then as an agent, Gary left in 1996 due to the purchase of Farmers by British American Tobacco. In 1997 he completed the last series of courses and exams to get the Chartered Financial Consultant (ChFC) designation from The American College at Bryn Mawr PA.

Gary served a three year term on the Clackamas County Economic Development Commission and was chair of the Surface Water Management advisory committee. He was Treasurer on the Clackamas Community Land Trust board of directors and helped merge the CCLT with Proud Ground, their Portland counterpart. He is also a charter member, past President and current Treasurer of the Happy Valley Business Alliance. Gary loves what he does mostly because of the people he gets to work with. Many clients and friends have been made over the years.

Education:

B.S. in Philosophy & Psychology 1974, Willamette University
MBA 1977, Willamette University
Chartered Financial Consultant (ChFC) 1997, The American College

CRD Number:

2510814

Videos
  • Gary Duell interviewed by Investopedia
All Answers
Sort By:
Most Helpful
    Financial Planning, Investing
Is leasing or buying a car a better long term investment?
92% of people found this answer helpful

Lease vs Buy calculators are all over the Internet. Which is "the best option" depends entirely on the terms of each option and your car behavior.  
Regarding the latter:

  1. Aside from this last lease, do you view cars as nothing more than transportation, usually keeping your cars forever and driving them into the ground? If so, I would buy a dependable highly rated used car with cash.
  2. Do you love style, power, gizmos, and all that? Wow, I wish you didn't. But a lease may be your best bet, especially for a lesser known model that still meets your preferences. Lease terms these days usually result in a payment that is less than the depreciation and maintenance you would lose by buying a new car with cash.
  3. Are you an electric car devotee (like yours truly) for whatever reason (quiet ride, astonishing power, cheap fuel, saving the planet)? Will your driving habits handle the limited range? Until the technology stalls, I will only lease electric cars for both the reasons in #2, but also because the technology keeps improving and the costs keep coming down. Why would I want to get stuck with an expensive antique?

As long as you're good with the fact that cars are money-pits, use a lease vs. buy calculator to compare your options if you need to finance.

February 2017
    Personal Finance, Starting Out
If you had to give a young adult one piece of financial advice, what would it be?
81% of people found this answer helpful
April 2017
    Annuities, Retirement Plans
When is a good time, interest rate wise, to buy an annuity?
80% of people found this answer helpful
February 2017
    Annuities
What are the biggest disadvantages of annuities?
78% of people found this answer helpful
December 2016
    Personal Finance
Should I take my lottery winnings in a lump sum or annually?
78% of people found this answer helpful
October 2016