Jill on Money with Jill Schlesinger Changing Investment Firms
7 snips
Feb 24, 2026 They discuss whether to follow a long-time planner who joined a new fiduciary firm and what to ask before moving your money. They compare big banks and independent advisors and highlight differences in process and fiduciary duty. They talk tax-aware steps for retirement, shifting contributions, and checking taxable holdings. They also review conservative portfolio choices like CDs, bonds, and modest IRA diversification.
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Boost Cash And Taxable Accounts Near Retirement
- As retirement nears, shift some contributions from tax-deferred retirement to accessible taxable accounts and cash.
- Jill Schlesinger approves moving beyond maxing retirement when two years from retiring to rebuild savings and liquidity.
Reduce Taxable Income By Rejiggering Taxable Holdings
- To reduce taxable interest and dividends in retirement, review holdings and replace high-distribution funds in taxable accounts.
- Jill suggests swapping problem mutuals or target-date funds in taxable accounts for tax-efficient investments to lower estimated taxes.
Judge Advisors By Services Not Fee Labels
- Focus on what the firm will actually do, not just their fee label (AUM vs flat rate).
- Jill Schlesinger advises checking whether you get financial planning, portfolio construction, and whether the firm promises to beat the market.