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Kris Maksimovich

AIF®, CRPC®
Retirement, Investing, Small Business
6
Answers
11
Articles
“With over 20 years of financial experience, Kris Maksimovich is dedicated to helping his clients reach their objectives through comprehensive wealth management and financial planning.”
Firm:

Global Wealth Advisors

Job Title:

President, Office of Supervisory Jurisdiction (OSJ)

Biography:

My career passion is to help you feel 100% secure in knowing your financial matters are in order. That's why Global Wealth Advisors was formed in 2000 to help people just like you, who are typically seeking advanced solutions to complex financial situations. Whether your goal is wealth preservation, asset protection, retirement income distribution, college funding, business succession, estate planning or a combination of these, GWA provides you with cutting-edge knowledge, strategies and tools.

I was born and raised in St. Louis, Missouri where I graduated from Oakville Sr. High School. Though calling the Dallas area home since 1999, I remain a die-hard St. Louis Cardinals fan. My wife Dana and I currently live in Lewisville, Texas with our sons, Brayden, Nik, and AJ. On weekends, we can be found boating in Cedar Creek Lake or at one of the boys' many sporting events.

As a Chartered Retirement Planning Counselor™ (CRPC®), I have also passed the CERTIFIED FINANCIAL PLANNER™ (CFP®) certification exam and am an Accredited Investment Fiduciary® (AIF®). I hold FINRA Series 7, 24, and 66 securities registrations with Commonwealth Financial Network® and am also a graduate of Southwest Missouri State University with a Bachelor of Science in Finance.

You'll be pleased to know that that I am a multi-year recipient of the FIVE STAR Wealth Manager award. FIVE STAR Wealth Managers are selected by their peers as satisfying objective eligibility and evaluation criteria associated with providing quality services to clients in the market region. In 2018 less than 3 percent of wealth managers in Dallas, Texas, have been named to the list.*

Finally, I am proud to have been recognized as a President's Club advisor in 2017—a distinction based on annual production attained by 22 percent of advisors affiliated with Commonwealth Financial Network. Each year, Commonwealth, the broker/dealer–RIA that helps us process investment transactions on your behalf, recognizes President's Club advisors by inviting them to an exclusive gathering of their peers, leading industry experts, and Commonwealth home office staff. President's Club advisors benefit from an intensive learning and networking experience designed to help them hone their expertise, share best practices, and provide ever-higher levels of service, education, and leadership to their clients.

Education:

Bachelor of Science in Finance, Southwest Missouri State University

Assets Under Management:

$310 million

Fee Structure:

Fixed

CRD Number:

4185617

Insurance License:

#TX1063064, MO240967

Disclaimer:

This communication strictly intended for individuals residing in the states of AL, AZ, CA, CO, CT, FL, GA, IL, IN, MA, MD, MI, MN, MO, NC, NM, NY, OK, PA, SC, TN, TX, WA, WY. 

No offers may be made or accepted from any resident outside these states due to various state regulations and registration requirements regarding investment products and services. Investments are not FDIC- or NCUA-insured, are not guaranteed by a bank / financial institution, and are subject to risks, including possible loss of the principal invested.

Securities offered through Commonwealth Financial Network®, member FINRA/SIPC, a Registered Investment Advisor. Advisory services offered through Global Wealth Advisors are separate and unrelated to Commonwealth.

All Articles
November 2018
    Charity, Personal Finance
November 2018
    Estate Planning, End of Life
October 2018
    Retirement, Insurance, Retirement Living, Senior Care
October 2018
    Investing, Mutual Funds
September 2018
    Investing

All Answers
    Debt, Retirement, Investing, IRAs, Mutual Funds
Should I sell my mutual funds when I sense a bear market approaching and then buy the funds again once the bear market is here to get them at a cheaper price?

There have been plenty of good answers as to why you shouldn't time the market but the real question is "what level of risk are you comfortable with in ALL market conditions"?  There will always be bear markets and even the best stocks can lose significant value.  Maybe the problem is you are invested in something too risky to begin with.  If that is the case simply de-risk a bit by adding more diversity (fixed income, dividend paying blue chip stocks, etc.) into your portfolio.  As you get more comfortable with the current economy/market you could re-engage with more risk, but exiting completely is rarely a good strategy.  

I would also question why there is a current Capital Loss if you invested anytime prior to the beginning of this calendar year.  

July 2018
    Retirement, Investing, IRAs, Taxes
Should I cash out my IRA to buy investment property?
July 2018
    Retirement, Social Security, Taxes
July 2018
    Career / Compensation, Retirement, Retirement Savings, 401(k), Women & Money
As a 58-year-old woman who needs to save for retirement, what is the best way to save?
July 2018
    Debt, Financial Planning, Retirement, Pensions, Social Security, Real Estate
Should my wife and I deplete our cash reserves, withdraw from my 401(k), or use a HELOC to finance home improvements?
July 2018