Marc Kenville is a Wealth Advisor with LPL Financial.
I’ve been working in the financial services industry since 2008. I’m also a Registered Representative of LPL Financial. And I have an RICP® designation (Retirement Income Certified Professional). All these certifications help me focus on helping members with retirement planning and investment management.
On a personal note, I have a wife and three dogs. In my free time I enjoy golfing, ice fishing, traveling with my wife, and spending time with family and friends.
The advantage of a mutual fund is that you get professional management from a manager or multiple managers and a team of analysts that are researching stocks or bonds and determining when to buy or sell those securities.
A good rule of thumb is to invest 15% of what you make for retirement. If you get started later in life, you may need to invest more. Everyone is going to be a little different, but 15% is a good starting point.
My approach is to stick to our allocation plan we have set up. It could make sense for some investors to get more aggressive when the market is down because stocks are on sale, but it’s very difficult to predict when the market is going to crash. Getting more conservative on a hunch is usually not a good plan. Sticking to a risk tolerance you’re comfortable with is usually a better way to go.
Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Wings Financial Credit Union and Wings Financial Advisors are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using Wings Financial Advisors, and may also be employees of Wings Financial Credit Union. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Wings Financial Credit Union and Wings Financial Advisors. Securities and insurance offered through LPL or its affiliates are:
Not Insured by NCUA or Any Other Government Agency
Not Credit Union Guaranteed
Not Credit Union Deposits or Obligations
May Lose Value
Your Credit Union (“Financial Institution”) provides referrals to financial professionals of LPL Financial LLC (“LPL”) pursuant to an agreement that allows LPL to pay the Financial Institution for these referrals. This creates an incentive for the Financial Institution to make these referrals, resulting in a conflict of interest. The Financial Institution is not a current client of LPL for advisory services. Please visit https://www.lpl.com/disclosures/is-lpl-relationship-disclosure.html for more detailed information.
The LPL Financial registered representative(s) associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.