Tom Brough of Chicago studied finance at DePaul University and received his Bachelor’s degree in 1993. He is a Registered Investment Advisor and a licensed real estate agent, the President of Brough Investment Advisors, and manager of the Hedge Access Group.
He is an extraordinarily busy man, but he makes sure he always find the time to improve himself. He successfully completed a certified financial program at Northwestern University in 2009, shortly before forming Brough Investment Advisors. And he is an avid reader who knows that good reading habits not only keep him well informed and a well-rounded individual, but also help him stay mentally alert.
Tom Brough of Chicago knows that the human brain needs exercise, just like any other part of the body. Staying mentally stimulated has many benefits aside from keeping him informed. Studies show that staying mentally active greatly reduces the chances of developing Alzheimer’s disease, and might even prevent it.
Tom Brough of Chicago’s profession can be stressful, but he has learned that losing himself in a book can greatly reduce his stress level. Daily tensions slip away as reading transports him to another place.
Another great benefit from reading a lot is an expanded vocabulary. Like most specialized disciplines, finance has its own language, and through reading Tom Brough of Chicago has internalized that language. Reading has also improved his analytical thinking, and his focus and concentration. Reading a lot has also had an affect on his writing skills.
Tom Brough of Chicago knows that there is a lot of information in the world, and that reading allows him to access it.
Tom Brough of Chicago is a financial expert who formed Brough Investment Advisors in 2009, after he had successfully completed a certified financial program at Northwestern University. He has been a financial advisor for many years. He has worked as a broker at several Chicago area brokerage firms, and also as an independent broker.
He is also a licensed life insurance agent. He has found that many people consider life insurance a daunting subject. It deals with something most people do not want to confront – their own mortality – and is can be expensive. A lot of people also find it complicated. And as the clincher, it can be boring.
That is where a licensed life insurance agent like Tom Brough of Chicago steps in. He says that the combined issues of complexity, dullness, expense, and subject matter can lead perfectly intelligent people to make unwise decisions. Many do not buy enough life insurance to cover all of their needs, he says, and many of those who do buy enough make mistakes, and end up with insurance that is not favorable.
But Tom Brough of Chicago says that consumers need to consider several things before they wade into the life insurance maze. He says that younger people without dependents probably don’t need life insurance, at least not yet. It’s a good idea to buy some if you plan on starting a family. He says that by starting young, you guarantee your insurability, provided you keep paying the premiums.
You can determine how much life insurance you will need by considering your age and income. Or, he says, you can take a needs-based approach by assessing the impact of your death on your dependents. You should also decide whether you need term insurance, which does not have an investment component, or cash value insurance. Term insurance usually has lower premiums than does cash value insurance.
Tom Brough of Chicago received a degree in finance from DePaul University.
Tom Brough of Chicago is a financial advisor with twenty years of experience. He attended DePaul University and received a degree in finance in 1993, and has been working as a broker or financial advisor ever since. In 2009 he formed Brough Investment Advisors, a Chicago area investment firm that is committed to bringing each of its clients a fair return on their investments.
A financial advisor is, as the term suggests, someone who provides financial advice to a client. But Tom Brough of Chicago says it is really a general term and there are many different kinds of financial experts who can be considered financial advisors. Stock brokers and insurance agents, he says, would fall into this broad category, and so would financial planners and even estate planners or bankers.
Tom Brough of Chicago says that managing money can be a tricky matter, and he thinks it is a good idea to have the help of a trained professional. There is an attorney who represents himself has a fool for a client, and it is much the same thing when it comes to managing your own money, especially if there are large sums involved.
A skilled financial advisor, says Tom Brough of Chicago, can help you pick good stocks, bonds, and other investments. They are legally obligated, he says, to act in your best interest, which is important to know. He says that financial advisors are usually compensated by a flat fee, or else from receiving a percentage of the assets that are under management. In the latter, a one percent rate is common.