We are pleased to announce Kathryn Hite as the latest addition to the Allgen Financial Services’ financial advisory team. Kathryn joins Allgen Financial Services, Inc. after five successful years as a Regional Leader with Primerica Financial Services, Inc, one of the largest personal financial services firms in the world. Kathryn brings a background of expertise in life insurance, debt consolidation, mutual fund investment, variable annuities, and long-term care insurance to Allgen’s retirement asset management practice.
Kathryn is a graduate of Transylvania University in Lexington, Kentucky where she earned a Bachelor of Arts degree with dual majors in Accounting and Computer Science. Kathryn began her career as an internal auditor and held various positions throughout her career including Y2K Technology Project Vice President for AmSouth/Regions Financial Bank.
Senior Partner Paul Roldan said, “We are excited about having Kathryn Hite on our team. She provides a great blend of strong analytical skills and practical solutions to those in need of financial planning and investment guidance. Our future looks even brighter with Kathryn as a member of our team.”
Allgen Financial Services, Inc. (www.allgenfinancial.com) serves individuals and couples at The Villages in Florida. Despite the economic downturn in 2008, Allgen continues to grow. In 2009, Allgen plans to have a greater presence at The Villages, Florida. “We are excited to continue serving individuals and couples retiring in Florida’s premier lifestyle communities,” said James Zimbardi a Senior Partner at Allgen Financial Services, Inc.
As a fee-only investment advisory firm, Allgen is able to serve current and new home owners at The Villages with objective retirement investment advisory services. Allgen custodians its client’s assets at Charles Schwab Institutional.
With 80+ million baby boomers retiring and moving to communities like The Villages, there is a critical need for retirement planning and investment advisory services. In addition, investment advisory services tend to play a more important role when investors are uncertain about market conditions. Since many major financial institutions are making significant cuts and layoffs, independent firms like Allgen are benefiting. It is able to demonstrate bigger is not necessarily better. More and more people are reaching out to Allgen because they have lost their advisor, or they are unsatisfied with the level of service they are receiving in these current market conditions.
Allgen specializes in retirement asset management for both individuals and businesses. It serves business owners, high-net-worth individuals, individuals in career transition, and retirees.
For professional investment advice:
Allgen Financial Services, Inc.
888.6ALLGEN (888) 625-5436
advisors@allgenfinancial.com
www.allgenfinancial.com
In 2009, Allgen Financial Services is making significant efforts to ensure it is socially connected with its community. We recognize how important it is to provide timely information about our activities as investment advisors. More importantly, we just love being connected with our community. Therefore, we are using the latest web-based technology such as Twitter, Facebook, YouTube LinkedIn, and RSS Feeds to help us stay connected. We are looking forward to sending and receiving updates to and from members of our community.
RSS FEED
If you currently are using an RSS reader such as (Google Reader) to get your news, we recommend adding Allgen to your list so you may receive market commentary and financial news directly from our financial news portal.
Follow Allgen on Twitter Twitter allows us to lifestream with you. It is a great way to stay intimately connected with you. This will keep you in the loop on everything we are doing. We mean everything!
Become a Fan on Facebook
If you are using facebook to keep in touch with others, we would like to make sure we are connected to you as well. Take this opportunity to become a fan of Allgen Financial Services, Inc. and get connected with our team.
Subscribe to Allgen on YouTube
YouTube is a great way to watch videos Allgen produces to broadcast content focused on financial related issues. Allgen uses YouTube to broadcast its educational content and provides market commentary as well. Also, from time to time we will add some fun stuff to watch as well. If you are not already subscribed to Allgen, please take the time and get connected.
Despite the slowdown in the economy, Allgen Financial Services, Inc has experienced significant growth in client acquisition in the month of November. Allgen expects the same trend to continue in the month of December.
With many other financial institutions implementing downsizing plans, Allgen Financial Services, Inc. is well positioned to service individuals and businesses getting caught-up in the turmoil. As many financial advisors are getting transitioned, so are their clients. Allgen is able to provide these clients stability and personalized financial advice during a time wise counsel is necessary. This is the main reason for Allgen’s increase in business activity during a time when most financial institutions are struggling.
Another reason why Allgen is experieincing growth has to do with the market volitality. The more volital the financial markets are, the greater the need for direction, planning, and objective advice from industry professionals.
Only 27 percent of workers are very confident that they will have enough money to live comfortably throughout retirement; 29 percent of those surveyed admitted that they are either not too confident or not confident at all.
Fifty-one percent of workers aged 55 or older have total savings and investments of less than $100,000.
About one-quarter of workers believe they need to save less than $250,000 to achieve a comfortable retirement.
Source: “Saving for Retirement in America,” Retirement Confidence Survey, 2007, Employee Benefit Research Institute and Mathew Greenwald & Associates.
At one time, Social Security was considered the primary source of income for retirees. Even among today’s retirees, it provides a significant portion of their income. According to the most recent figures available from the Social Security Administration, in 2004, Social Security provided more than half of the total income for almost two-thirds of households comprised exclusively of those aged 65 and older; and at least 90 percent of the income for one-third of this group.
Source: “Social Security and Retirement Income Adequacy,” Social Security Brief, May, 2007.
For professional investment advice on this topic contact: Allgen Financial Services, Inc.
888.6ALLGEN (888) 625-5436
advisors@allgenfinancial.com www.allgenfinancial.com
We are pleased to announce Kathryn Hite as the latest addition to the Allgen Financial Services’ financial advisory team. Kathryn joins Allgen Financial Services, Inc. after five successful years as a Regional Leader with Primerica Financial Services, Inc, one of the largest personal financial services firms in the world. Kathryn brings a background of expertise in life insurance, debt consolidation, mutual fund investment, variable annuities, and long-term care insurance to Allgen’s retirement asset management practice.![[del.icio.us]](http://www.allgenfinancial.com/financialnews/wp-content/plugins/bookmarkify/delicious.png)
![[Digg]](http://www.allgenfinancial.com/financialnews/wp-content/plugins/bookmarkify/digg.png)
![[Facebook]](http://www.allgenfinancial.com/financialnews/wp-content/plugins/bookmarkify/facebook.png)
![[Google]](http://www.allgenfinancial.com/financialnews/wp-content/plugins/bookmarkify/google.png)
![[LinkedIn]](http://www.allgenfinancial.com/financialnews/wp-content/plugins/bookmarkify/linkedin.png)
![[MySpace]](http://www.allgenfinancial.com/financialnews/wp-content/plugins/bookmarkify/myspace.png)
![[StumbleUpon]](http://www.allgenfinancial.com/financialnews/wp-content/plugins/bookmarkify/stumbleupon.png)
![[Technorati]](http://www.allgenfinancial.com/financialnews/wp-content/plugins/bookmarkify/technorati.png)
![[Twitter]](http://www.allgenfinancial.com/financialnews/wp-content/plugins/bookmarkify/twitter.png)
![[Yahoo!]](http://www.allgenfinancial.com/financialnews/wp-content/plugins/bookmarkify/yahoo.png)
![[Email]](http://www.allgenfinancial.com/financialnews/wp-content/plugins/bookmarkify/email.png)
