CONNECT

Address:

361 Forest Ave., Suite 201
Laguna Beach, CA 92651

Phone:

949-715-8585 / 877-691-7840

Fax/Other:

949-315-3232

Nick In The News

The Washington Post  
 
 
 
 
The Washington Post
 
WashingtonPost.com
Stacy Rapacon discusses what to do with extra money from her wedding, or any cash windfall.  Nicholas Yrizarry explains the difference between good and bad debt, and Stacy lists many different companies and investments appropriate for short-term savings.
 
 
 

Kiplinger.com

Kiplinger.com
Stacy Rapacon quotes Nicholas Yrizarry, founder and president of Nicholas Yrizarry Wealth Management Group, on five ways to spend a financial windfall.  Yrizarry lends that it's important to first look at the financial picture at large and then allocate assets accordingly. “What we tend to do is focus on one aspect of our finances and forget about the others,” says Yrizarry. “That's what gets us in trouble.”

 

 

Bankrate.com
Judy Martel of Bankrate.com quotes Nicholas Yrizarry, founder and president of Nicholas Yrizarry Wealth Management Group, on the recent upswing in spending among the ‘big spenders'. Yrizarry explains that spending by the rich is not a reflection of economic indicators, but rather a catalyst that we should celebrate as a stimulus to the economy. “Wealthy people control 80 percent of the economy. They move the buttons and switches,” says Yrizarry.

 
 

CNBC “Power Lunch”
CNBC Power Lunch discusses the pros and cons of keeping a mortgage in retirement with Nicholas Yrizarry, founder and president of Nicholas Yrizarry Wealth Management Group. Yrizarry offers his perspective on the advantages of paying off a mortgage before retirement including the psychological, investment and tax benefits of not carrying a mortgage into your golden years.

 

 

Private Asset Management
Kristen Oliveri of Private Asset Management interviews Nicholas Yrizarry, founder and president of Nicholas Yrizarry Wealth Management Group, on the companies' bi-coastal expansion. Yrizarry offers his reasoning for entering the California market and his focus on recovery strategies that include a high level of monitoring and supervision of assets. “Now more than ever we have a tactical overlay that has become very valuable for high-net-worth investors,” says Yrizarry.

 

 

Mail Tribune

Mail Tribune
The Mail Tribune picks up an article by Veronica Dagher of The Wall Street Journal who quotes Nicholas Yrizarry, founder and president of Nicholas Yrizarry & Associates, on psychological biases affecting financial decisions. Yrizarry suggests investors put greater emphasis on other areas of their life—such as their families and good health, to put things in perspective and lessen anxiety. “It's impossible to see yourself when you're the movie,” says Yrizarry.

 

 

NBC News

MSNBC.com
MSNBC.com picks up a story by David Pitt of the Associated Press who quotes Nicholas Yrizarry, founder and president of Nicholas Yrizarry & Associates, on couples lack of financial planning for the future. He offers that the fact that many couples lack a plan and fail to dig into financial detail is no surprise due to the current recession. “You'd think it should raise some eyebrows and they would say we'd better start thinking about this, but actually they just shelve it even further, defer the inevitable,” says Yrizarry.

 

 

Bankrate.com
Sheyna Steiner of Bankrate.com quotes Nicholas Yrizarry, founder and president of Nicholas Yrizarry & Associates, on college investment savings at any age. Yrizarry offers it's not necessary to kill yourself trying to save the entire cost of college. "The greatest thing that a parent can do -- and this is from a parent -- is to make your children invest themselves in the college experience and make them pay some…," says Yrizarry.

 

 

The Wall Street Journal

The Wall Street Journal
Veronica Dagher of The Wall Street Journal quotes Nicholas Yrizarry, founder and president of Nicholas Yrizarry & Associates, on psychological biases affecting financial decisions. Yrizarry suggests investors put greater emphasis on other areas of their life—such as their families and good health, to put things in perspective and lessen anxiety. “It's impossible to see yourself when you're the movie,” says Yrizarry.

 

 

Kiplinger.com

Kiplinger's Personal Finance, June Issue
Jane Bennett Clark of Kiplinger's Personal Finance quotes Nicholas Yrizarry, founder and president of Nicholas Yrizarry & Associates, on salvaging a 529 college savings plan. Yrizarry offers that families with young kids are safe sticking with stocks. "Some families can't believe their portfolios are down 50%, but their children are 4 or 5. That horizon will work," says Yrizarry.

 

 

The Washington Post

The Washington Post
Ylan Mui of The Washington Post quotes Nicholas Yrizarry, founder and president of Nicholas Yrizarry & Associates, on family lending to purchase a home. Yrizarry offers that many families fail to consider truly worst-case scenarios, such as a layoff, divorce or disability. "In the case of family matters, one must have discipline upfront . . . rather than having pain of regret later."

 

 

Savingforcollege.com

SavingforCollege.com
Amy Buttell of SavingforCollege.com quotes Nicholas Yrizarry, founder and president of Nicholas Yrizarry & Associates, on strategies for withdrawing from a 529 savings plan. Yrizarry offers that above all, investors must stay calm. "The way to relieve the stress associated with college funding is to realize that colleges are cognizant of the bad economy and they are, in many cases, willing to renegotiate financial aid packages if the parent isn't able to meet their obligation to pay the bill on time," says Yrizarry.

 

 

InvestmentNews
Charles Paikert of InvestmentNews interviews Nicholas Yrizarry, founder and president of Nicholas Yrizarry & Associates, on what investors need to do after a layoff. Yrizarry offers that laid-off workers should consider rolling over their 401(k) retirement funds to their individual retirement account. "401(k)s
 

 

InvestmentNews
Charles Paikert of InvestmentNews interviews Nicholas Yrizarry, founder and president of Nicholas Yrizarry & Associates, on what investors need to do after a layoff. Yrizarry offers that laid-off workers should consider rolling over their 401(k) retirement funds to their individual retirement account.

 

 

InvestmentNews
Janet Morrissey of InvestmentNews quotes Nicholas Yrizarry, founder and president of Nicholas Yrizarry & Associates, on advisor skepticism even with the recent market rally. Yrizarry offers that he sees opportunity in the beaten-down stock market. “"In the middle of difficulty lies opportunity for long-term investors,” says Yrizarry.

 

 

Kiplinger.com

Kiplinger.com
Rachel Sheedy of Kiplinger's Retirement Report interviews Nicholas Yrizarry, founder and president of Nicholas Yrizarry & Associates, on stock selling strategies. Yrizarry explains that the markets may have done much of the reallocation work for investors, but if they want to reduce stock holdings further, it's best to trim gradually.

 

 

The Washington Post

The Washington Post
Nancy Trejos of The Washington Post interviews Nicholas Yrizarry, founder and president of Nicholas Yrizarry & Associates, on how investors are psycholgically coping with the recession. Yrizarry comments that for some time, "people were riding a false wave," and spending too much money.

 

 

Fox Business

Fox Business News
David Asman and Liz Claman of FOX Business News discuss emotion-less investment opportunities for investors with Nicholas Yrizarry, founder and president of Nicholas Yrizarry & Associates. Yrizarry comments that there are less stressful investment opportunities in money markets and no-penalty CDs. During these days of economic turmoil, Yrizarry believes these investment strategies will allow investors to catch their breath and ease their worries.

 

 

NBC News

MSNBC.com
Eve Tahmincioglu of MSNBC.com quotes Nicholas Yrizarry, founder and president of Nicholas Yrizarry & Associates, on the financial and emotional strain of a layoff on a relationship. Yrizarry comments that he has seen a growing number of couples allow the worry to impact their relationships. “The extreme I see are couples who were already overextended with credit cards maxed out and big houses, and now, if one of them loses their job, there's tension in unspeakable amounts,” says Yrizarry.

 

 

InvestmentNews
Lisa Shidler of InvestmentNews quotes Nicholas Yrizarry, founder and president of Nicholas Yrizarry & Associates, on investors' concerns over the current market. Yrizarry comments that letting your clients know that you won't be making panicky decisions is crucial. “As an adviser, my responsibility to my clients is to maintain a non-emotional objective distance from their money in order to help them make decisions that are non-emotional, despite the fact we're in a very emotional time,” says Yrizarry.

 

 

Kiplinger.com

Kiplinger's Retirement Report
Rachel Sheedy of Kiplinger's Retirement Report quotes Nicholas Yrizarry of Nicholas Yrizarry & Associates, on taxes and strategies for selling stocks. Yrizarry comments that if you want to reduce your stocks, it's best to trim gradually. “If there was ever a time to sell off highly appreciated stocks, it's now,” says Yrizarry.

 

 

InvestmentNews
Lisa Shidler of InvestmentNews features Nicholas Yrizarry, founder of Nicholas Yrizarry & Associates, on last resort strategies for investors. Yrizarry comments that you have to stop contributions all together, not just reduce them. "You have to stop individual retirement account contributions. You have to stop 529 contributions. Stop everything altogether. This is survival mode," says Yrizarry.

 

 

The Provo Daily Herald
The Provo Daily Herald picks up an article by Nancy Trejos of The Washington Post that quotes Nicholas Yrizarry, founder of Nicholas Yrizarry & Associates, on 401(k) requirements and investment options for seniors. Yrizarry comments that some providers offer options to take your required minimum distribution as shares from funds rather than in cash. "It wouldn't hurt to ask," says Yrizarry.

 

 

The Washington Post

The Washington Post
Nancy Trejos of The Washington Post features Nicholas Yrizarry, founder of Nicholas Yrizarry & Associates, on 401(k) requirements and investment options for seniors. Yrizarry comments that some providers offer options to take your required minimum distribution as shares from funds rather than in cash. "It wouldn't hurt to ask," says Yrizarry.

 

 

                   S

 

Check the background of this financial professional on FINRA's BrokerCheck
Check the background of this financial professional on FINRA's BrokerCheck