Andrew Wang

Andrew Wang is a Managing Partner at Runnymede Capital Management, an independent investment management and advisory firm that serves high-net-worth individuals and institutions. We are dedicated to helping our clients achieve their financial goals. Andrew was named one of the Top 100 Most Social Financial Advisors, contributes to The Huffington Post, and has been quoted in major investment publications including Barron's and Forbes. Andrew is married, has three children, and can be periodically found performing Hawaiian guitar in the New York tri-state area. <more info>

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Recent Posts

Benchmark Your 401(k) Plan

Runnymede has increasingly been serving as a fiduciary advisor to companies' 401(k) plans so I will be writing a series of articles on how to tune up your retirement plan.  The intended audience is the company and its trustees that sponsor the plan but participants are also advocating for better plans.  It is our hope to help employers optimize and better manage their retirement plan. In doing so, we seek to help employees achieve their goal of successfully preparing themselves for retirement.

Happy Birthday! Bull market in stocks turns 8.

The bull market in stocks celebrates its eighth birthday today.  As it turns out, it's also my birthday. This got me thinking about what was happening in the world when I turned 8.  In 1980, the Pac-Man arcade game was released.  Camcorders and fax machines were cutting edge technology.  A whole lot of people were watching TV to find out Who Shot JR? on the popular soap Dallas.  The yearly inflation rate in the U.S. was 13.6%.  The average cost of a new house was $68,700.  The average cost of a new car was $13,650.  I'll also mention that a (government subsidized) hot school lunch cost $0.65 and milk was $0.05.  Okay, enough about me.

Why Not Now? Realizing Your Goal Starts With Action Today.

Last night before going to bed my wife asked me, "Can you turn on the humidifer?"  "Sure," I said burying my head back into my laptop to finish some work.

This morning the first thing I heard was, "How come you didn't turn the humidifier on?"  Oops.  After completing what I had been working on, I put the laptop down and quickly fell asleep.

And so, today, I write about ACTION always beats INTENTION.

How to Find an Old 401(k)? A Comprehensive Guide to Help You Find Your Money.

According to the U.S. Bureau of Labor Statistics, the average American has held 11.7 jobs from age 18 to 48.  When switching jobs, 401(k) money doesn't automatically switch with you.  In fact, by some estimates, more than 900,000 workers lose track of their 401(k) plans each year!  This leaves many people at some point working hard to track down an old 401(k) account or accounts.  The good news is that the money should stay in your account.  Here are some tips to help you track down your old retirement account.

Tom Friedman’s Advice to Millennials

As 2016 comes to a close, it's a great time to reflect upon what was accomplished this year and plan your goals for the next 12 months.  We at Runnymede are extremely grateful for the clients that we serve and strive to always be learning and doing better.  It is in this light that I share the below 4-minute video.

In it, internationally renowned author, reporter, and, columnist—the recipient of three Pulitzer Prizes—Thomas L. Friedman is asked, "What skills would you recommend Millennials to thrive in today's world?"  I encourage you to share it among any millennials that you know.  But I also think that all of us, even those of us more dinosaur than millennial, can benefit too.

How to Value Your Charitable Stock Donations

Feeling a bit like Ebenezer Scrooge? It is still early yet this December so there's time for prepping, shopping, and holiday parties. And if you should find redemption after meeting the three Ghosts of Christmas, you may find yourself wanting to gift some of your appreciated stock to a qualified charity. If so, here's a quick article on valuing your charitable stock donation.

Happy Thanksgiving

The Runnymede team is full of gratitude and sends its thanks to all clients, friends, and colleagues this Thanksgiving day. Whether you are home or traveling far, please know that you are dear to our hearts.

How Much To Pay a Fee-Only Advisor? A Look At Average Annual Fees.

The subject of investment advisory fees can be confusing. While researching online, I observed that it is difficult to find average fees published anywhere so I hope that you find this blog post helpful.

The 2016 Presidential Election and the Stock Market

Halloween has come and gone. My two witches and one Ghost Buster put in an impressive two hours of trick or treating in our neighborhood and have the candy to prove it. Yet, people are nervous. At least judging by the frequency of questions we're asked about the implications of the upcoming Presidential election, it's the two "ghouls" staring down November 8th that have investors more scared than in any other election of my lifetime. With less than a week to go before heading to the voting booths, here's a little data and perspective.

Your 401(k): Benefits of Starting Early

Your 401(k) could make you a millionaire. By making small, regular investments starting in your 20s or early 30s, your savings will grow tax-free for 30 to 40 years. Unfortunately, people tend to procrastinate because they are focused on bills that are due today and the things they want right now. We human beings are notoriously bad at wrapping our minds around far off events.

When it comes to investing, time is a big advantage. Here are three reasons why.

IMPORTANT DISCLOSURE INFORMATION 

Please remember that past performance may not be indicative of future results.  Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Runnymede Capital Management, Inc.-"Runnymede"), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful.  Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions.  Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from Runnymede.  Please remember that if you are a Runnymede client, it remains your responsibility to advise Runnymede, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services, or if you would like to impose, add, or to modify any reasonable restrictions to our investment advisory services. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Runnymede is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the Runnymede's current written disclosure Brochure discussing our advisory services and fees is available for review upon request. Please Note: Runnymede does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Runnymede's web site or blog or incorporated herein, and takes no responsibility for any such content. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.