Mortgage, Credit Card, Savings and Retirement Expert
Chris Thompson is a retirement, savings, mortgage and credit card expert at SmartAsset. He has reviewed hundreds of credit cards and loves helping people find the one that best matches their financial needs. Chris is a Certified Educator in Personal Finance® (CEPF®) and a member of the Society for Advancing Business Editing and Writing. He graduated from Montclair State University where he received the Journalism Achievement Award. Chris’ articles have been featured in places like Yahoo Finance, MSN and Bleacher Report. He lives in New Jersey and is a Mets, Jets and Nets fan.
Posts by Chris Thompson:
Higher education is pricier than ever, and tuition hikes don’t show any sign of slowing down. But 529 college savings plans and Roth IRAs both include benefits to help you save for your children’s education. Investors use 529 plans specifically for the purpose of paying for college. By contrast, Roth IRAs provide the chance to save for both retirement and college in a single account. Decision which one to utilize is a complicated decision that can have long-term financial ramifications, so feel free to consult a financial advisor if you have further questions. Read more
TD Ameritrade is a full-service brokerage firm that is a fixture in the investment sphere. It was first established back in 1975. As a matter of fact, as recently as 2018, Kiplinger named TD Ameritrade the No. 1 overall broker in the U.S. TD Ameritrade employs well-balanced online and mobile trading platforms that include versions for both new and experienced investors. It backs this up with great customer support to help clients get the most out of the diverse account features. However, even with all these benefits to its name, TD Ameritrade has a significant number of legal issues on its record. In late 2017, TD Ameritrade bought out Scottrade, another massive national brokerage that opened its doors in 1981. With the annexation of Scottrade’s accounts and funds, the firm now serves a combined 11 million clients with more than $1 trillion in assets. TD Ameritrade finished its complete integration of Scottrade in 2018. Read more
Merrill Edge is a brokerage firm that offers everything from self-sufficient investing to financial advisor consultations and robo-advisor services. The brokerage firm falls under the umbrella of the Merrill Lynch group of companies. Although once its own entity, Merrill Lynch is now under the ownership of Bank of America. Therefore Merrill Edge is an especially natural fit for anyone who maintains accounts at BoA. The brokerage firm has racked up its fair share of accolades in recent years. Barron’s has handed Merrill Edge a 4-star rating each year from 2014 to 2018 as one of the top online brokers on the market. Institutional Investor has also named it one of the top global research firms from 2011 to 2017. The firm boasts some of the best customer service marks as well, leading to J.D. Power’s “Outstanding Customer Service Experience” award for seven years running. On the downside, Merrill Edge does not excel when it comes to its mobile app, which has a weaker interface. But with… Read more
The process of purchasing your first home can be daunting and expensive, and it will likely include many financial situations you’ve never encountered. Luckily, the federal and Florida state… Read more
While it may seem like an intimidating process, purchasing and owning your first home is a reachable goal. Some of the cheapest and most reliable ways to hang your hat on a nice piece of property are… Read more