In the past decade, total U.S. student loan debt has surpassed credit card debt and auto loan debt combined1. Americans now owe more than $1.53 trillion in student loan debt and rising. Most students finance at least some of the cost by taking out student loans, with the goal of having their investment pay off with higher…

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3 college students in library

Americans now owe more than $1.53 trillion in student loan debt. College debt burden is drowning many of our young people who will have trouble meeting their financial responsibilities as the enter the work force. Although the average student loan has a term of 10 years to be paid off, according to Nitro.com, the repayment…

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Advisor with dice

Many skeptics who have never invested in the stock market before proclaim that investing is just another form of gambling. This misinformed view has kept too many from enjoying the financial rewards of investing; particularly in the United States economy, which generally, over the long run, has been profitable (Investopedia, 10-year U.S. Treasury Bonds). Let’s…

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Petersen Hastings, a Registered Investment Advisory firm located in Kennewick, WA, announced today it has been named one of InvestmentNews’ 2019 Top 50 Best Places to Work for Financial Advisors in the nation for the second consecutive year. This program is dedicated to identifying and recognizing advisory firms across the United States that empower, encourage,…

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Mutual Funds vs ETFs

Mutual funds vs. ETFs. Which makes a better investment option? There’s no clear-cut answer, but understanding the differences of each will allow you to pick the best investment to fit your personal investing strategy. Dave and his team believe in an investing approach that spreads retirement investments equally among four types of mutual funds: Growth (U.S.…

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A B C block letters

The fee-based and commission advisors are reimbursed by mutual funds in exchange for the investments they sell. Most mutual funds with sales commissions come in three main share classes: Class A Shares: These funds charge what is called a “front load,” meaning that a client will pay a percentage of the purchase amount in the form of…

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Summary Fee-Only: Paid directly by clients for their services and do not receive compensation. (Petersen Hastings) Fee-Based: Paid by clients but also by other sources, such as commissions from financial products that clients purchase. (Most large brokerage firms) Commission-Based: Paid by commission sales of investment products. (Most large brokerage firms) Fee-Only Financial Advisors and the…

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Cory Briggs - Petersen Hastings

Petersen Hastings is proud to announce that Cory Briggs of Petersen Hastings has earned the Certified Financial PlannerTM (CFP®) designation. This brings the firm’s total CFP® professionals to seven. “Obtaining the CFP® certification is a significant achievement in the financial industry because it requires the comprehension of a very large body of knowledge in financial planning,…

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Petersen Hastings is proud to announce that Matthew Petersen, CTFA, AIF®, Wealth Advisor and CCO, is the firm’s newest shareholder. This leadership addition will bring Petersen Hastings’ total shareholders to six. “Having a formal succession plan is so important for the continuity of exceptional client service,” said Scott Sarber, President. “Our firm continues to implement…

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