Posted on

Kevin E. Strauss Named Managing Director and Portfolio Manager of Advisors Capital Management

pressrelease 439809 1568398009

Former Abner Herrman & Brock Asset Management Vice Chairman Kevin E. Strauss joins Advisors Capital Management bringing municipal bond expertise.

the staff of the Ridgewood blog

Ridgewood, NJ, Advisors Capital Management (ACM) is pleased to announce that Kevin E. Strauss has joined the firm as a partner and member of the firm’s investment committee. Mr. Strauss will co-manage ACM’s Balanced and Fixed Income portfolios, bringing his expertise of the municipal bond market to our clients and partners. As Managing Director, Mr. Strauss will work to grow ACM’s institutional and advisory platforms.

Continue reading Kevin E. Strauss Named Managing Director and Portfolio Manager of Advisors Capital Management
Posted on

Former Fed Chair Alan Greenspan Joins Advisors Capital Management as Economic Advisor


October 2,2016

the staff of the Ridgewood blog

RIDGEWOOD, N.J., Advisors Capital Management, LLC (ACM), a globally recognized investment manager, is pleased to announce that Dr. Alan Greenspan has joined ACM as Economic Advisor. The former Federal Reserve Chairman will work closely with senior members of the firm and participate in the firm’s investment committee by providing economic analysis to support the firm’s top-down approach to selecting sectors in the economy for investment.  Dr. Greenspan will also provide economic and market valuation analysis.

Dr. Alan Greenspan Joins Advisors Capital Management as Economic Advisor

ACM’s co-founder and Chief Investment Officer, Dr. Charles Lieberman, is looking forward to the collaboration. “I am very excited to resume working with one of the towering members of the economics profession. He has served our profession and our nation with distinction. I am now pleased we can bring the benefit of his insight to our investment clients.”

Dr. Greenspan’s insight will be highly beneficial to ACM’s investment management. ACM’s investment process led by Dr. Lieberman, a former Wall Street, and Federal Reserve economist, identifies economic sectors that might be affected by macro developments, before implementing a value oriented bottom-up securities selection.

About Alan Greenspan

Alan Greenspan served five terms as chairman of the Board of Governors of the Federal Reserve System from August 11, 1987, when he was first appointed by President Ronald Reagan.  His last term ended on January 31, 2006. He was appointed chairman by four different presidents.

Shortly after assuming office as chairman of the Board of Governors, Greenspan faced the October 1987 stock market crash and acted quickly to inject liquidity into the financial system to calm the markets. During his tenure, he led the Federal Reserve through several major events with significant economic repercussions, including two U.S. recessions, the Asian financial crisis of 1997, the collapse of Long Term Capital and the Russian default in 1998 and the September 11, 2001, terrorist attacks. Many observers credit Greenspan with further reducing inflation while facilitating the longest official economic expansion in U.S. history. For these accomplishments, he was dubbed the “Maestro” by Wall Street analysts.  He was also known for his skill at building consensus among members of the Federal Open Market Committee on policy issues.

About Advisors Capital Management, LLC

Established in 1998, and headquartered in Ridgewood NJ, ACM is globally recognized investment manager providing portfolio and wealth management services to affiliated advisors and direct clients throughout the United States. ACM has been named to the Financial Times Top 300 RIAs* over the past two years and the firm’s investment income solutions have been recognized by numerous financial media outlets including Barron’s, The Wall Street Journal and CNBC.

Posted on

4 Tips For Making Your Retirement Savings Last Longer


September 24,2016

the staff of the Ridgewood blog
Ridgewood NJ, Many retirees and those nearing retirement express a common fear.

They worry about running out of money; finding their bank account drained with years of life still ahead of them.

“The reality is that a large percentage of Americans simply don’t have the kind of savings they need,”  says Chuck Price, president of Price Financial Group Wealth Management Inc. ( and author of “Investing Simplified: What You Don’t Know Can Hurt You.”

“When that’s the case, there are other strategies they’ll need to consider.”

His suggestions for stretching retirement dollars as much as possible include:

• Work longer. Nothing says you have to stop working at a particular age. You can continue in your career, find a new one or just work part-time. Even temporary employment can help keep the cash flowing so you don’t have to tap into your savings too much.
• Cultivate alternative income streams. You can reduce your reliance on your retirement portfolio by cultivating income streams. “This could be done through a side business or maybe by making investments outside your retirement portfolio that pay dividends,” Price says. “There are a number of ways you might be able to come up with some extra income.”
• Cut costs. Are there expenses you can get rid of if money becomes too tight? Maybe you don’t need to play golf every day or dine out so often. Are you paying for insurance on an extra car that you really don’t need anymore or for a motorcycle you rarely ride? “Retirement is supposed to be fun, I know, but in tough economic times you’ll have to make decisions,” Price says. “If your situation improves, you can add some of those luxuries back later.”
• Reconsider the financial help you give others. Older people often want to help their children and grandchildren financially, but you might need to cut back on your charity. “If your own survival and financial situation is being threatened, you need to pull back a bit,” Price says. “You’re trying to make your money outlive you, so it might be necessary in times of economic turmoil to reduce how much you provide to others.”

On the upside, Price says, it’s worth noting that expenses in retirement might not end up being as much as you think.

“Most people spend less money as they get older because they stop driving, traveling and buying clothes,” Price says. “The main exception is if there’s a need for long-term care, which can be very expensive.

“But most of my clients in retirement, usually after about age 80, aren’t spending anywhere close to what they planned for.”

About Chuck Price

Chuck Price ( is president and wealth manager for Price Financial Group Wealth Management Inc. He also is author of “Investing Simplified: What You Don’t Know Can Hurt You.” Price has more than 40 years of financial experience and hosts a popular radio show, “Investing Simplified,” that airs on Freedom 970 in Portland, Ore.