Financial Planning, Portfolio Management
fiduciary, investment advisor, Jackson, Mississippi
601-974-0549
Searching for the right advisor? Discover the Akin Investments difference. As a fiduciary, registered investment advisor our only focus is you.
Wealth Management
Each client is unique; therefore, we strive to custom-tailor each investment portfolio and design strategies necessary to work towards each client's unique needs, while ensuring all interests are aligned.
Investment Consulting
In addition, our advisors are supported by our Investment Team who are consistently committed to pursuing solid investment strategies:
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Portfolio Performance Analysis
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Risk Evaluation
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Investment Time Horizon
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Asset Allocation
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Assessment of Impact of Costs
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Assessment of Impact of Taxes
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Withdrawal Strategies
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Stock Concentration Divesting Strategies
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Dollar Cost Averaging
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Review of Outside Investments
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Complete Picture Approach
Estate Planning
Our financial planning team focuses on developing comprehensive strategies to help achieve your financial goals. We strive to provide customized planning solutions that inspire confidence and help secure your financial future.
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Wealth Enhancement
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Wealth Transfer
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Wealth Protection
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Charitable Giving
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Life Insurance Needs Analysis
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Estate Planning
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Gifting
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Education Planning
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Caring for Elderly
Asset Protection & Risk Management
Our clients enjoy the satisfaction of knowing relevant assets will be accounted for and available strategies will be considered. We listen intently, assess your needs, and then help you create a path that leads you toward your desired outcomes. We strive to identify risks that could impact your situation such as
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market risks
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liability risks
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moral obligations to family
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legal risks from business ventures.
We will evaluate strategies to help reduce potential exposure to the loss suffered from unforeseen events.
As seen in
Title | Image | Reporter Name | Subtitle | Article Text | Publication |
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Akin Investments with Stephen Akin | Fanele Moyo Business Digest Magazine | FINRA Series 65 Registered Investment Advisor, Stephen Akin is an independent, fiduciary advisor with over 35 years of investing experience | Akin Investments with Stephen Akin
https://www.akininvestment.com/post/akin-investments-with-stephen-akin
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What is a Broker Dealer? | Paulina Likos | A broker-dealer is a key player in the financial markets. Jun 29, 2021 | To hedge their risk, market makers must be keenly aware of market conditions and volatility, says Stephen Akin, founder and advisor at Akin Investments.
"They may deploy strategies on various types of indexes that could be closely in tune with the issues that they are trying to make the market in, as well as consideration for market volatility," he says.
https://www.akininvestment.com/post/what-is-a-broker-dealer
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The Unexpected Dangers Of Paying Off Student Loans With Your 401(k) Savings
| Chris Carosa | Have you ever heard the phrase “sometimes the cure is worse than the disease”? This may be one of those cures. | The data suggests more problems with this concept. Even those that do save for retirement may have savings too meager to use for student loans. “The Report on the Economic Well-Being of U.S. Households revealed that only 36% of non-retired adults think their retirement savings are on track,” says Stephen H. Akin of Akin Investments, LLC in Biloxi, Mississippi. “The report went on to say that about one third of middle-class adults can’t afford to cover a $400 emergency.
https://www.forbes.com/sites/chriscarosa/2019/12/15/the-unexpected-dangers-of-paying-off-student-loans-with-your-401k-savings/?sh=5c812bd3a20c | ||
Focus On These Year-End Tax Tips Right Now | chris carosa | Yet, the clock is ticking. Once the old year turns over to the new, a curtain of opportunity slams forever shut. | You may not be in a position to convert to a Roth IRA, but that doesn’t mean you’re off the hook when it comes to tax strategies, especially if you contribute to a company sponsored 401(k) plan. “As year-end approaches it’s important to be sure that you’ve met the maximum allowable contributions to your retirement plans,” says Stephen H. Akin of Akin Investments, LLC in Biloxi, Mississippi.
https://www.forbes.com/sites/chriscarosa/2019/12/12/focus-on-these-year-end-tax-tips-right-now/?sh=69ccad8343ea | ||
Why Are We Seeing More Cases of “Fear of Spending” Among Retirees? | Christopher Carosa CTFA | We hear all about “not saving enough” when it comes to retirement, but there’s another issue that can be worse: “not spending enough.” | We hear all about “not saving enough” when it comes to retirement, but there’s another issue that can be worse: “not spending enough.” After a career focused on saving, when it comes time to retire, the saving tap is turned off and the spending tap is (supposed to be) turned on.
For many retirees, that’s when the sudden fear of spending kicks in. And there may be indications this phobia is reaching pandemic levels. “Yes. I have noticed a reluctance to spend as the cost of living goes up,” says Stephen H. Akin of Akin Investments, LLC in Biloxi, Mississippi.
https://fiduciarynews.com/2019/12/why-are-we-seeing-more-cases-of-fear-of-spending-among-retirees/ | ||
After the markets’ worst week since 2008, Wall Street takes a deep breath and braces for Monday | ERIK SHERMAN | Weekend Respite | "I was a young broker with PaineWebber back in October of 1987," noted registered investment advisor Stephen Akin. "There are a number of similarities in the market over the past few months. Yes, the weekend will be a wonderful respite."
https://www.akininvestment.com/post/weekend-respite | ||
Learn These 2019 Market Lessons Or Doom Yourself To Repeating Avoidable Mistakes | Chris Carosa
Senior Contributor
RETIREMENT | If you didn’t learn the lesson of staying put in volatile markets until 2019, then you may have learned it too late | Stephen H. Akin of Akin Investments, LLC in Biloxi, Mississippi, warns, “Don’t overreact to short term market fluctuations. The late 2018 decline pushed some retirement account investors into cash that resulted in them missing out on the 2019 market recovery to new all-time highs.”
https://www.forbes.com/sites/chriscarosa/2019/12/18/learn-these-2019-market-lessons-or-doom-yourself-to-repeating-avoidable-mistakes/?sh=1d3a4c0d7805 | ||
5 reasons why you should add beneficiaries to your accounts right now | by James Royal, Investing and wealth management reporter | Here are five reasons why you should consider adding beneficiaries to your accounts right now, especially in the midst of the coronavirus pandemic where thousands of families are facing unexpected losses of life as a result of the outbreak. | 1. You want the heirs of your choice to receive your assets
By naming your beneficiaries, you ensure that your money goes where you intend for it to go. That could be to a relative who really needs the financial assistance, a charity that’s close to your heart or whomever you want the money directed to. Without clear directions as to your wishes, executors or the state will follow only what the law says in distributing your assets.
“When you name beneficiaries you ensure that after you die, your assets go to the people or charities you choose,” says Stephen Akin, a registered investment adviser at Akin Investments in Biloxi, Miss.
By naming a beneficiary, that person becomes “first in line to receive assets upon your death,” says Akin, noting that it’s not necessary to be married to the beneficiary.
While spouses often leave all their money to each other, naming a beneficiary also means that your assets will go to whom you want and you won’t have to rely on the good faith of a spouse.
https://www.akininvestment.com/post/5-reasons-why-you-should-add-beneficiaries-to-your-accounts-right-now | ||
When Might You See ESG Issues Align With Stock Performance? | by Chris Carosa | Recently I participated in an article for Forbes.com by Chris Carosa
Here is an excerpt: | “Let’s say a community has rusty water,” says Stephen Akin of Akin Investments, LLC in Biloxi, Mississippi. “A company comes in and overhauls the waterworks. People pay their bills. The company pays out a portion as a dividend and retains the remainder of the earnings. The stock goes up. Everyone is happy.”
https://www.akininvestment.com/post/when-might-you-see-esg-issues-align-with-stock-performance | ||
‘The common theme is fear and panic’ Fortune.com | ERIK SHERMAN | ‘The common theme is fear and panic’: These are the lessons learned from the past 3 bear markets | Stephen Akin, a registered investment adviser who worked for some major brokers back then, and his wife were sailing enthusiasts. On a vacation in St. Thomas, they saw a sweet sailing yacht at the dock. On the back was painted the name, Dot Calm.
“When I saw that boat in St. Thomas, that was the first red flag for me,” Akin says. The owners had cashed out while they could. Most were not so lucky.
“It was amazing how long it went,” Akin says. “When you’re in a rising market like we had in the ’90s, everyone kept thinking it would go and go and go.” Until it didn’t.
Akin remembers not just the power, but the danger, of leverage and overextension. “[Former Federal Reserve chair Alan] Greenspan’s philosophy thought self-preservation would keep the banks and hedge funds in line, because no one wanted to die.” That rational self-interest would be the corrective safety brake.
https://www.akininvestment.com/post/the-common-theme-is-fear-and-panic-fortune-com | ||
What Happens To Your ESG Investment When Money’s Tight For Others? | Chris Carosa Senior Contributor | Forbes.com EDITORS' PICK | 58,483 views|Jul 11, 2020,10:43am EDT | It’s not just actual products. To establish an ESG appeal to its entire product line, a company might take actions that align themselves with causes positioned to show support for ESG issues. Of course, investing in these “ESG-affiliates” does pose some risk.
“In some cases, we see statements from companies making products that when you make your purchase from them the company will donate funds to an ESG cause,” says Stephen Akin of Akin Investments, LLC in Biloxi, Mississippi. “In the event the company doesn’t follow through on those donations, then buyer’s remorse will set in and turn the young consumer away from the product they once loved.”
https://www.akininvestment.com/post/what-happens-to-your-esg-investment-when-money-s-tight-for-others | ||
Podcast: The Why I Became a Financial Planner | Kojo Thompson | The Why I Network
Why I Became a Financial Planner with Steve Akin
MAY 30, 2021 KOJO THOMPSON | Steve began his career in the early 80s and worked with two major wall street firms including Morgan Stanley Dean Witter. In the fall of 2015 he began the process of setting up my own independent firm and is now the CEO and founder of Akin Investments.
http://www.akininvestment.com/post/the-why-i-became-a-financial-planner | ||
To Vote Or Not To Vote, That Is The Proxy Question For The Retirement Plan Fiduciary | Christopher Carosa, CTFA | Fiduciary Duties Regarding Proxy Voting and Shareholder Rights. | “Investors should vote proxies, even if the shareholder only has a small position in the company,” says Stephen H Akin, a Registered Investment Adviser with Akin Investment, LLC in Biloxi, Mississippi “Bringing the small holder into the process is good for both parties. It brings the shareholder closer to the company. Shareholders always know more about their holdings after the process is completed. The companies often use the participation rate and data of small holders for insight into who represents their broad base of stockholders.”
https://fiduciarynews.com/2020/09/to-vote-or-not-to-vote-that-is-the-proxy-question-for-the-retirement-plan-fiduciary/#share | ||
Book Value vs Market Value: The key difference | Paulina Likos | These metrics can be used independently and together when valuing a company's stock. | A company's market value is the value of a stock traded on public markets. It's the cost or financial worth of a company according to the financial markets, otherwise viewed as the price shareholders are willing to pay for a company's stock. Market value determines the maximum price at which a stock can be bought and can be calculated at any point.
The market value changes constantly in the marketplace, says Stephen Akin, investment advisor at Akin Investments in Biloxi, Mississippi. "The stock of a company may change rapidly depending upon company developments and market conditions," he says.
The factors that go into calculating this measurement are the stock's market price and the outstanding number of shares. By multiplying both of these figures, investors determine the company's market capitalization, or the market value of a company:
https://www.akininvestment.com/post/book-value-vs-market-value-the-key-differences | ||
With online shopping not-so-tall guys get the short end of the stick | Meehika Barura | As buying online becomes the norm, menswear brands need to find a way to serve the millions of customers they’re currently missing. Namely: short kings | For Stephen, who lives in Biloxi, Mississippi, shopping for clothes means driving 50 to 100 miles to get anything that fits. As a 5-foot-8 retired investment advisor, online shopping had little to offer as the virus has changed the world’s shopping habits. “I still find the need for suits and ties. One of my biggest challenges is finding my size,” he says. “It’s a lot easier to find a store with an old-fashioned tailor where they custom-fit things. Unfortunately, that’s becoming harder and harder to find during a pandemic. Now that retail has taken such a financial hit it’s going to be worse in the future.”
https://melmagazine.com/en-us/story/mens-clothing-for-short-guys-buy-online | ||
Financial Advisors Understand COVID 19 Bill | Kate Stalter | Financial Advisors need to know about the Coronavirus relief package | Stephen Akin Founder and investment advisor representative Jackson, Mississippi
wishes the stimulus had passed before Thanksgiving, but he's happy it eventually arrived.
Akin notes the significance of the $325 billion available for small businesses. He also sees an effect for investors. "The financials will benefit from this reinforced funding for the PPP. It is interesting that the financials have firmed up a bit in the market," he says. "It would be a positive if that sector would finally begin to lead as the market works higher."
Read the Full article below:
https://money.usnews.com/financial-advisors/articles/what-financial-advisors-should-know-about-the-coronavirus-relief-bill |
