We believe that education empowers investors to make more informed financial decisions. In addition to our blog, our firm has been featured and our managing director Gary Droz has been quoted in several publications.
Our insights on investing and retirement can also be found in:
Cheryl Winokur Munk
September 22, 2019
Another commonly false assumption pre-retirees make is that their tax rate will be significantly lower in retirement. They assume because they are no longer bringing in the same lvel of income, they wont be paying the same level of taxes. But often they forget they will still owe taxes on their traditional 401 (k) distributions, says Gary Droz, managing director at MainLine Private Wealth, a registered investment advisor in Wynnewood, Pa. He says families – particularly those with household earnings over $100,000 – often have a similar tax rate in retirement, or even higher once required minimum distributions are taken into account.
May 1, 2018
Located in a suburb of Philadelphia, Mainline Private Wealth is an RIA that works mainly with high net worth individuals to deliver high-level financial planning, with comprehensive reporting. The firm’s average client size is $5 million. Gary Droz is Mainline’s managing director, with 30 years of experience. In his role, he oversees the firm’s strategic initiatives.
December 13, 2017
U.S. Fund investors dashed into domestic stocks, pouring the most cash in seven weeks into the market, according to Investment Company Institute (ICI) data on Wednesday. The funds collected $6 billion in the seven days through Dec. 6, according to the trade group, as the market is poised to close 2017 with another strong year of gains under its belt.
“We’re in literally the longest amount of days since a 5 percent drawdown in 25 years,” said Gary Droz, managing director at MainLine Private Wealth LLC, referring to a significant U.S. stock selloff.
By: Gary Droz
October 4, 2017
One key tenet of being a financial advisor is helping clients better understand the real value and costs associated with making some of life’s most important decisions. Clients often look at the world through a straw and do not always realize exactly what the real costs are of a particular financial planning strategy. For many clients, especially those in the high-net-worth category, college planning for their children is among the most difficult and important decisions they will have to make in their lifetime.
By: Emily Zulz
September 20, 2017
Is a drawdown around the corner? According to Gary Droz, the managing director of MainLine Private Wealth, his clients are “obsessed” with this question. “Clients seem obsessed with ‘Is a downturn coming?’ Obsessed,” Droz said during a recent visit to ThinkAdvisor’s New York office.
By: Sue Chang and Ryan Vlastelica
October 12, 2017
“Basic fundamentals are good, companies are making money, and I think the market will be relatively strong throughout earnings season, but I don’t see a huge spike up between now and the end of the year because a lot [of earnings optimism] has been priced in,” said Gary Droz, managing director at MainLine Private Wealth.
Equities have gone an unusually long time without a pronounced pullbacks, with dips of even 3% in short supply. Droz said this was something that merited watching.
“We don’t want to lull ourselves into a complete coma. Anything could trigger a drawdown; markets need to breathe,” he said.
October 12, 2017
U.S. stocks retreated from record highs weighed by a slump in financials as better-than-expected earnings from JP Morgan and Citigroup did little to lift sentiment on equities.
The Dow Jones Industrial Average closed lower at 22,841.01. The S&P 500 closed 0.17% lower while the Nasdaq Composite closed at 6591.81, down 0.18%.
U.S. stocks started the session on the back foot as investors mulled over earnings reports from JP Morgan and Citigroup that beat on both the top (and) bottom lines.
By: Danielle Verbrigghe
September 22, 2017
Gary Droz, managing director of $400 million RIA MainLinePrivate Wealth, says he uses iCapital’s platforms to access alternative investments for his high-net-worth clients.
“What they’re trying to do is make the subscription part seamless,” Droz says.
His firm opted to use iCapital because he found its pricing to be reasonable and liked that it made the subscription profess smoother, Droz says.
MainLine Private Wealth was founded on the ideals of trust and integrity, so you can always count on us to be the advisor who sits on your side of the table.