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Jaime Quiros

CFP®
Personal Finance, Retirement, Investing
6
Answers
0
Articles
“As a Portfolio Manager with FBB Capital Partners, Jaime Quiros is committed in understanding what his clients want to achieve with their investments, and to help them get there through changing market and life cycles.”
Firm:

FBB Capital Partners

Job Title:

Portfolio Manager

Biography:

Jaime Quiros enjoys working with clients through their unique planning issues and their investment needs. Jaime’s previous experience includes time working on Wall Street as a trader as well as time working in multiple other market capacities including market making, portfolio management, and private client lending. 

Jaime provides wealth management, investment, and financial planning services to a select group of financially established private clients and institutions in the Washington DC area and nationwide. FBB has been helping clients grow and sustain wealth for more than 25 years.

Jaime's goal has been to provide his clients with a steady growth of capital and a predictable stream of income that will allow them to lead more financially secure lives.  He achieves this goal by understanding each client’s situation and adjusting accordingly as circumstances and market environments change.

Jaime graduated from Boston College, where he was a walk-on pitcher for the school’s baseball team; he was an academic scholarship recipient and earned a Bachelor of Arts degree in economics. A former pro-baseball player, Jaime is originally from Panama, and presently resides in Rockville, MD with his growing family.    

Education:

BA, Economics, Boston College

Fee Structure:

Fee-Only

CRD Number:

4324788

Disclaimer:

FBB Capital Partners, LLC (FBB) is a U.S. Securities and Exchange Commission (SEC) Registered Investment Advisor (RIA). FBB is in compliance with the current registration and/or notice filing requirements imposed upon SEC registered investment advisors by those states in which FBB maintains clients. FBB may only transact business in those states in which it is registered or qualifies for an exemption or exclusion from registration requirements. Further written disclosure information contained in SEC form ADV Part II, including registration status, fees, and services, is available upon written request.

All Answers
    Debt, 401(k), Peri-Retirement
If I am going to take out all of my 401(k) savings to pay off debt, where should I start?

This is not a simple answer. We need a little more info to better guide you. In seven years, what will you do for income if you use up your 401k? What age will you be? Will you have a pension? Will you rely on Social Security? I can see what you are trying to do. However, you should also know that all of the money in the 401k is going to be taxed as ordinary income and you may be subject to a higher tax bracket if you distribute the 401k as a lump sum. I would say to come up with a plan to pay down the outstanding bank loans and credit card debt in the next seven years while you have income. If you are able to pay that off, then pay down the mortgage so that at retirement you don't have these monthly expenses. Aside from that it is tough to say which debt you should pay off because there are other factors that play an important role.

July 2017
    Estate Planning, Annuities, IRAs
Should I be listing my brokerage firm as a primary beneficiary?
July 2017
    Marriage / Divorce, IRAs
How should I contribute to my Roth IRA now that I am married?
July 2017
    Financial Planning, Retirement, Pensions, 401(k)
Can I withdraw all of my Solo 401(k) savings as a lump sum?
July 2017
    Personal Finance, 401(k)
I have just been laid off. Can I use my 401(k) for living expenses now and report it as income next year?
July 2017