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
Exchange-traded funds and mutual funds both offer investors access to a broad range of securities. They have investment strategies that pool investor money together and invest that money in a single portfolio. Although they have differences in terms of structure and costs.
Mutual funds sell shares directly to investors. Each share represents an ownership portion of the underlying portfolio, that a portfolio manager manages. Mutual fund companies price their shares daily at the end of each day of trading.
Whereas, ETFs trade on the public stock exchanges. The price of an ETF stock is determined by its public market price, which may be different from its underlying portfolio price.
Fees vary among funds. Most mutual funds have some type of sales charge, from an upfront commission to a back end fee as well as management or 12(b)1 fees.
Since ETFs trade like stocks, investors pay a stock commission to buy or sell them. Similar to mutual funds, money managers manage ETFs, so you will have management fees as well.
If you are looking to invest your funds but want to look at investments that are noncorrelated with the stock market you have a few choices.
First off, individual bonds offer a broad range of credit quality and maturies. Depending on your tax bracket you could potentially take advantage of municipal bonds which pay tax free interest.
A nontraded preferred stock offering with a stated yield and maturity date would allow income and some offer warrants that are convertible to the underlying common (traded) stock if the common performs allowing for some potential capital appreciation.
Real estate would be a compelling choice. You could buy something on your own locally or you could invest in a number of different real estate limited partnerships that provide for income along with a total return after the properties are sold. These partnerships specialize in differing real estate such as hotels, multi family apartments, office properties, industrial self storage, or even shopping centers.
Private equity would be another choice to avoid the volatility of the stock market. Private equity is private capital that is not traded on an exchange. There is no public quote. Private equity refers to investing in privately owned companies. You give up liquidity but this can be rewarded with enhanced returns.
Yes, it sounds like you could take a more aggressive approach to investing your inherited IRA. Depending on the size of the IRA as well as what option you take on the distibutions. You have a choice of stretching out your inherited IRA or cashing out. Obviously it sounds like you are wanting to stretch out the distributions to take advantage of the tax deferral aspect that the IRA offers.
Four options for non-spouse beneficiaries of inherited IRAs:
- Cash out the IRA in 5 years.
- Take out Required Minimum Distributions over your own life expectancy
- Take out Required Minimum Distributions over the oldest beneficiary's life expectancy. This is only applicable if there is more than one beneficiary.
- Cash out the IRA immediately.
You must decide by December 31st of the year following the year of the IRA account owner's death. If you do nothing by this date then option number 1 is mandatory. It is best to work with an advisor that could give you some alternatives so you can work together in your best interests concerning your risk tolerance and investment goals.
You could easily get a 6% to 8% current distribution, along with additional profits, in a privately held real estate investment company that would operate, manage and/or develop properties on your behalf as a limited partner. There are various differing structures including but not limited to hotels, apartment communities, shopping centers, or office properties.
Most have clear exit strategies to liquidate and return capital appreciation to investors thereafter. These alternative investments make a compelling diversification to your stock, bond and cash asset allocation and has proven to potentially outperform the old stock, bond and cash asset allocation over the long term with the volatility of a downturn in the stock market.
If you have been renting your entire life then, at this point, is it a priority to be a homeowner. It would also be a function of other assets held and where you are looking geographically to buy a home. Alternatively, there are other ways of investing in real estate outside of purchasing a home. Among them are real estate investment trusts that are publicly traded as well as non traded REITs that do not have the volatility of the stock market.
It would be difficult to ascertain your appropriate level of risk without more detailed personal financial information.
Read more: What is the difference between a REIT and a real estate fund? | Investopedia https://www.investopedia.com/ask/answers/012015/what-difference-between-reit-and-real-estate-fund.asp#ixzz59m36aXGq