As the founder and Managing Partner of Auctus Advisors, Mr. Miller maintains overall responsibility for all client outcomes. With his 15 years plus of experience in wealth and investment management he has built the foundation to be his clients' most Trusted Advisor. He brings customized, analytical, and proven processes in both planning and investment management to help his clients navigate the financial landscape.
He started his career as an analyst with an investment management firm in Washington D.C., while there he was tasked with research and analysis of portfolio holdings. In 2005, he joined Northwestern Mutual and a d/b/a of the firm, Powell Financial. He helped take Powell Financial, Inc. private in 2007, forming their own Registered Investment Advisor, and specializing as a full service wealth management firm. He spent 9 years there as a partner and the dynamic center of the firm helping oversee the firm’s investment and planning process. He spent the last 2 years as Managing Director of MBL Advisors, a boutique advisory firm within McColl Brothers Lockwood, the family office established by Hugh L. McColl Jr., former Chairman and CEO of Bank of America. Due to continued regulatory reform, and the desire to be a fee only investment firm, he founded Auctus Advisors and spun out his investment practice, retaining key members of his team.
He earned his B.A. degree from Pfeiffer University; attending on a 4 year soccer scholarship. He later earned his M.B.A in Finance from East Carolina’s College of Business.
MBA, Finance, East Carolina's College of Business
Assets Under Management:
AUCTUS ADVISORS IS A REGISTERED INVESTMENT ADVISER. INFORMATION PRESENTED IS FOR EDUCATONAL PURPOSES ONLY AND DOES NOT INTEND TO MAKE AN OFFER OR SOLICITATION FOR THE SALE OR PURCHASE OF ANY SPECIFIC SECURITIES, INVESTMENTS, OR INVESTMENT STRATEGIES. INVESTMENTS INVOLVE RISK AND UNLESS OTHERWISE STATED, ARE NOT GUARANTEED. BE SURE TO FIRST CONSULT WITH A QUALIFIED FINANCIAL ADVISER AND/OR TAX PROFESSIONAL BEFORE IMPLEMENTING ANY STRATEGY DISCUSSED HEREIN.
There are investment risks with what you invest in inside of the ROTH IRA, but not true "risks" with the account itself. One could argue your biggest perceived risk is congress changes the laws on the tax free growth component one day down the road and that benefit gets taken away. That would be very difficult to implement retroactviely and would not be palatable to any american, so I don't see that as a risk.
No, they are called individual retirement accounts, and can only have one owner. There are some caveats and ways a spouse can act in this account, but they are little more complex.
YOu need a comprehensive plan to evaluate if the income from your real estate, social security, pensions, and 401k plan is enough to meet your net income needs for the next 25 years.
The first question is what is the rate of the new cash out refi? It lowers your payment because it reamortizes the loan over 30 years years, and you will pay a lot more interest. Need more information to fully answer.
The 529 plan can be used for higher education, but now also private school up to 10k per year. Thats a great benefit to create flexibility. The plan grows tax free if used for these purposes, so its a trememdous beenfit for education planning.