Stephen Akin | Source | Registered Investment Advisor at Akin Investments

Stephen Akin

Registered Investment Advisor at Akin Investments and 2 other companies
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FINRA Series 65 Registered Investment Advisor. Independent, fiduciary advice with over 35 years of investing experience.

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  • Chris Carosa Senior Contributor, April 30, 2024, FORBES | What The New Fiduciary Rule Means for Your Retirement Savings
    “I hope that it goes further than ‘Best Interest’ rule,” says Stephen Herbert Akin, founder of Akin Investments in Charleston, South Carolina. “I talk with people all day and it is something that the public does not understand. Then I show them headlines of major firms paying FINRA or SEC fines.”

  • Tim Maxwell, Edited By Angelica Leicht, March 27, 2024 / 9:20 AM EDT / CBS News
    How high will the price of gold go? Here's what some experts think
    "The fact that gold has broken out to a new all-time high and has no technical overhead supply is positive for the long term," says Stephen Akin, an investment advisor at Akin Investments in Charleston, South Carolina. "Technical analysis would indicate the price could rise to $2,300 to $2,400 within a one to two year time period."

  • Andrew Moran | The Epoch Times, April 27, 2023 Gold is another safe-haven asset put forward by financial experts. The yellow metal has trended higher since November on a weaker greenback and the Federal Reserve’s easing monetary policy prospects. Year to date, gold prices are up nearly 10 percent and recently flirted with the August 2020 record high of $2,069.40. Gold is typically sensitive to interest-rate movements because they can affect the opportunity cost of holding non-yielding bullion. The buck's performance can make dollar-denominated commodities more expensive or cheaper for foreign investors. The other factor has been weakening economic data, says Stephen Akin. "The primary fundamental event that propelled gold well above $2,000 registered investment advisor at Akin Investments was weaker U.S. economic data," he told The Epoch Times. "This data suggests that the Federal Reserve could certainly consider slower rate hikes and a pause in rate hikes sooner."

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  • I Didn’t Plan To Use Social Security: Here’s Why I Was Wrong

    GoBankingRates G. BRIAN DAVIS July 21, 2024 Stephen Akin, Registered Investment Advisor and founder of Akin Investments, works with retirees day in and day out, “Without a doubt, the most common issue that retirees have to deal with is health and aging. “I’ve had clients that have worked all of their lives, had diligently saved and invested. The planned retirement was to focus on investing their Social Security retirement benefits with a goal of family trust or estate building. “Sadly, life happens. Conditions can change quickly when it comes to health. Even with good benefits and planning, financial shocks can occur. As an investment advisor, this is my number one concern for clients when I am working with them to prepare for their retirement.”

    Article
  • 5 Tips for Retirees Without Multiple Retirement Accounts, According to Financial Advisors

    GoBankingRates G. BRIAN DAVIS July 21, 2024 at 7:00 AM: In leaner years when you earn less, you could convert some of those traditional retirement funds to your Roth account. “If you are in a year where your taxable income has come down it may be the best way forward,” recommended Stephen Akin, Registered Investment Advisor at Akin Investments.

    Article
  • https://insurancenewsnet.com/innarticle/bill-to-kill-fiduciary-rule-heads-for-full-congressional-vote

    Stephen Akin, the founder of his own investment advisor firm in Charleston, South Carolina, said he started his firm to be a true fiduciary. He sells no insurance products or investments. He never takes custody of client funds or securities. His only interest, he said, is his clients. “The rule was created to encourage full disclosure of conflicts of interest and alert consumers that registered representatives are ‘salespeople,’” Akin said. “They are held to client best interest by ‘Know your client rule.’” The best interest rule requires firms to fully disclose in plain language any conflicts of interest. The new rule goes further than the “Best Interest" rule. I talk with people all day and it is something that the public does not understand. Then I show them headlines of major firms paying [Financial Industry Regulatory Authority] or SEC fines.”

    Article
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