Silber Bennett Financial
Rebecca Dawson is an experienced, independent financial advisor offering personalized wealth and investment management guidance to a select group of individuals, families, and businesses in Southern California and around the country. Her mission is to be a trusted advisor to her clients by partnering with them to identify what is most important in their financial lives while providing tailored solutions to help achieve their goals.
For over 20 years, Rebecca has served as a financial advisor. She has developed highly refined methods for evaluating client's needs and formulating successful investment strategies. She and her staff provide an exceptional level of service to her clients, who are typically worth well in excess of $1 million and include some of the most prominent people in the United States.
Before joining Silber Bennett, Rebecca managed her own independent brokerage office since 1999. Prior to that she held similar positions with PaineWebber, Merrill Lynch, and Alex.Brown & Sons.
Her clientele have included corporate presidents, and officers, charitable foundations, pension funds, business owners, and wealthy retirees. Her affiliation with Silber Bennett Financial provides her clients with full service wealth strategies.
Professional & Securities Licenses:
FINRA Series 53 Municipal Securities Principal
FINRA Series 79 Investment Banking
FINRA Series 7 General Securities
FINRA Series 22 Direct Participation Programs
FINRA Series 63 Uniform Securities Agent State Law
BA, Liberal Arts, Magna cum Laude, University of Texas at Austin
SECURITIES AND ADVISORY SERVICES OFFERED THROUGH SILBER BENNETT FINANCIAL, INC.
DOI: CA 0H72697 | MEMBER: FINRA / SIPC
Why Choose Rebecca Dawson
Rebecca Dawson on To The Point
There is no cookie cutter method for asset allocation; each individual has their own risk tolerance, income needs, etc. It is best to visit with a Financial Advisor and have a recommended allocation for you specifically after going over all of your personal financial information.
Keep in mind that portfolio construction can make a significant difference in performance, particularly during the retirement drawdown phase. By having your assets allocated to stocks, bonds, cash as well as alternative investments may increases performance over time. With a smaller allocation to alternative investments that are non-correlated to the stock or bond market especially in volatile times.
The rule of thumb is three to six months of living expenses so that would include you and your wife for now, and if and when you have a family then that amount may be recalculated to reflect your larger family.
You could keep those cash reserves in your bank or brokerage account. Some financial institutions will pay minimal interest but with interest rates as low as they have been that is your best option in order to be 100% liquid.
A REIT is a Real Estate Investment Trust that may be either a common or preferred stock that trades publicly on the stock exchange. Publicly traded REITs must meet stock exchange requirements that they trade on and make disclosures to the SEC. To qualify as a REIT, one of the requirements is that they must distribute at least 90% of taxable income to shareholders which is why they make such attractive income investments. The fact that they are publicly traded makes them much more liquid than a private real estate fund. REITs pay a high level of distribution and most REITs focus on large properties in their sector and geography of expertise. A preferred REIT is not as volatile as the common although you may get a higher dividend on the common stock of the same REIT.
Whereas, a private real estate fund is an investment in the fund's assets. The fund manager's income comes from their carried interest. Carried interest in finance is a share of the profits of an investment paid to the investment manager in excess of the amount that the manager contributes to the partnership. A performance fee rewarding the manager for enhancing performance. Private real estate funds may also buy different types of properties sometimes using leverage which creates the opportunity to enhance their returns. Most pay distributions and are non liquid with an expected exit strategy designed a higher total return for investors. These type of funds may invest in multifamily housing including student and senior housing, office properties, senior mortgage loan mezzanine debt, or grocery store anchor retail centers.
There are also private REITs that pay monthly or quarterly distributions, have a stated redemption date, and some with attached warrants to the company's publicly traded common REIT. These can be attractive since they do not trade with the market so they are not as volatile, pay income, have redemption options, and have upside potential with the attached warrants to the common.
An Individual Retirement Account (IRA) is a tax deferred account available for anyone of any age as long as you have earned income. Once you open your account, you may invest the funds in your IRA in, but not limited to stocks, bonds, mutual funds, and/or even CDs. An IRA is an account set up at a financial institution that allows an individual to save for retirement with tax-free growth or on a tax-deferred basis. A traditional IRA is tax deferred which you make contributions with money you may be able to deduct on your tax return, and any earnings can potentially grow tax-deferred until you withdraw them in retirement.
A Certificate of Deposit (CD) is a type of fixed interest rate deposit over a specified period of time. When that term ends, you can withdraw your money or roll it into another CD. Withdrawing before maturity can result in a penalty. It is low risk and low return. CDs are among the safest investment a person can make. The interest rate is determined ahead of time, and you’re guaranteed to get back what you put in, plus interest once the CD matures. What’s more, if the bank fails or goes under, your deposit is most probably insured by the FDIC for up to $250,000.
The difference being that an IRA is a type of account in which you may leave in cash or invest in differing securities or CDs. Whereas a CD is a time deposit at a financial institution which may be bought in either a qualified (IRA) account or a non qualified (cash) account.
In order to buy a publicly traded stock you must buy the stock listed on one of the stock exchanges such as the NYSE, AMEX, or NASDAQ. Either when it first goes public (IPO) or thereafter in the secondary market.
When a private company goes public it is referred to as an Initial Public Offering, or IPO, by selling shares of stock to the public usually to raise additional capital. After its IPO, the company will be subject to public reporting requirements and its shares often become listed on a stock exchange. Then the shares trade openly in the secondary market.
There is one simple reason why most private business owners decide to sell ownership in their company in order to trade on the stock market: to raise money. Going public is often the best way for an already successful business to raise capital.
There are two major options for businesses to raise money:
- Take out a business loan
- Sell ownership in the company
When a company goes public they are selling ownership in their company.
They may want to expand their business, hire new talented individuals, open more locations or any number of reasons that require obtaining more capital at the risk of giving up ownership in their business.
One process of taking a company public involves hiring a large investment bank, who acts as underwriter for an initial public offering. The underwriter decides how much money investors are willing to offer for shares in the company. An initial public offering (IPO) is then planned out and the company shares hit the stock market at a predetermined price.
While ultimately the initial capital raised for the company through the IPO will come from individual investors who purchase shares, the underwriter will usually finance the transaction, providing capital to the issuing company in advance of the stock going public.