Anthony Pellegrino, of Goldstone Financial Group, has dedicated his practice not only to helping individuals plan for their financial future but also remaining by their side as a partner in achieving their desired results. He provides financial plans targeted at achieving consistent, reliable returns regardless of market fluctuations and uncertainties. He does this by putting his clients’ needs first. As a fiduciary, Anthony Pellegrino has a legal responsibility to put his clients’ needs ahead of his own and is held to a higher ethical standard than non-fiduciary advisors.
Anthony Pellegrino and Goldstone Financial Group have helped more than 1,500 clients bridge the paycheck gap during retirement by utilizing accounts with lifetime income features to guarantee earnings and create a paycheck for life. Pellegrino also offers professional asset management through a diverse portfolio of actively managed accounts and securities.
Anthony Pellegrino is seen Sunday mornings on CBS as the co-host of the television show, “Securing Your Financial Future*.” The show previously aired for five years on WLS 890AM radio station, where it was ranked one of the most listened to* financial and economic radio talk shows in Chicago.
Anthony Pellegrino has ranked in the Top 1% of Safe Money Specialists in the nation and was awarded as one of the Top 10 Advisors in America in 2013.** He was also named a Five Star Wealth Manager in Chicago Magazine twice, as voted by his clients and peers. This is a consumer-based award in the financial services industry given to wealth managers in the Chicago area who scored highest in overall client satisfaction. Pellegrino’s growing success led him to share the stage with former President George W. Bush in Washington, D.C., at the Ronald Reagan International Trade Center. He is honored to be recognized as a financial authority in the Chicagoland area. Anthony Pellegrino has passed the Series 65 securities exam and is registered as an Investment Adviser Representative. He also holds an Illinois insurance license.
In his spare time and work at Goldstone Financial Group, Anthony Pellegrino enjoys spending time in the Elmhurst community with his wife and three children. He has a passion for supporting the U.S. military and is an active advocate and sponsor of the USO and Operation Support Our Troops.
*as ranked by Nielsen Audio
**as ranked by Advisors Excel
Investment advisory services offered through Goldstone Financial Group, LLC, an SEC Registered Investment Advisor.
The Five Star Wealth Manager award, administered by Crescendo Business Services, LLC (dba Five Star Professional), is based on 10 objective criteria. The Five Star award does not evaluate quality of services provided to clients and is not indicative of the wealth manager’s future performance. Wealth managers may or may not use discretion in their practice and therefore may not manage their client’s assets. The inclusion of a wealth manager on the Five Star Wealth Manager list should not be construed as an endorsement of the wealth manager by Five Star Professional or Chicago Magazine. Working with a Five Star Wealth Manager or any wealth manager is no guarantee as to future investment success.
What inspired you to become a financial advisor?
I always enjoyed working with numbers and solving problems, so becoming a financial advisor was a natural fit for me. I also enjoy helping people achieve their goals and feel a great sense of satisfaction in knowing that I’ve helped them secure their financial future.
What is your philosophy when it comes to financial planning?
My philosophy is simple – I put my clients’ needs first. As a fiduciary, I have a legal responsibility to put my clients’ interests ahead of my own and am held to a higher ethical standard than non-fiduciary advisors. This means that my primary goal is to help my clients reach their financial goals, regardless of market fluctuations or uncertainties.
What are some of the unique services that you offer at Goldstone Financial Group?
We offer a number of unique services at Goldstone Financial Group, but one of the most popular is our professional asset management service. Through our diverse portfolio of actively managed accounts and securities, we help our clients grow their wealth while minimizing risk. We’ve also helped more than 1,500 clients bridge the paycheck gap during retirement by utilizing accounts with lifetime income features to guarantee earnings and create a paycheck for life.
You’re also seen on CBS Sunday mornings as the co-host of “Securing Your Financial Future.” What can viewers expect from the show?
Viewers can expect to gain valuable insights into the world of personal finance and investing. We cover a wide range of topics, from retirement planning and estate planning to investment strategies and risk management. Our goal is to educate and empower our viewers so they can make informed financial decisions that will help them reach their goals.
What are some of the biggest mistakes you see people making when it comes to their finances?
One of the biggest mistakes I see people making is failing to plan for retirement. Too many people think they can just “wing it” and everything will work out okay, but that’s simply not the case. Retirement planning is complex, and there are a lot of moving parts. You need to take into account things like Social Security, Medicare, and inflation. Without a plan, it’s easy to fall behind and end up facing financial hardship in retirement.
Another big mistake I see people making is not diversifying their investments. With the recent volatility in the stock market, we’ve seen a lot of people get burned by having all their eggs in one basket. It’s important to diversify your investments across different asset classes and sectors to mitigate risk and protect your portfolio from market fluctuations.
What are some tips you can give someone who is just starting out in their career?
Start saving for retirement as early as possible. The power of compound interest is incredible, and the sooner you start saving, the more time your money has to grow. Even if you can only save a small amount each month, it will add up over time.
Another tip is to invest in yourself by taking advantage of employer-sponsored retirement plans and other benefits. If your employer offers a 401(k) match, make sure you’re contributing enough to take full advantage of it. Employer benefits can be a great way to boost your savings and help you reach your financial goals faster.
What are some of the biggest financial concerns that you hear from clients?
One of the biggest financial concerns I hear from clients is whether they’re on track for retirement. With so many variables to consider, it can be difficult to know for sure. That’s why we offer retirement planning services at Goldstone Financial Group. We can help you model different scenarios and make sure you’re on track to reach your goals. Another big concern I hear from clients is how to protect their wealth from market volatility. No one wants to see their hard-earned savings disappear overnight, so we work with our clients to create diversified portfolios that are designed to weather storms and protect against downside risk.
Are there any emerging trends that you’re keeping an eye on in the financial industry?
I’m keeping a close eye on the trend of “robo-advisors.” These are online platforms that provide automated investment management services. While they can be a helpful tool for some, I believe there’s no substitute for working with a financial advisor who can provide personalized advice and guidance. With the complexity of retirement planning, I think it’s important to have a human element in the equation.
What are some of your favorite resources that you recommend to clients?
I always recommend that clients start with a comprehensive financial assessment. This will give you a good snapshot of your current financial situation and help identify any areas where you may need to make changes. From there, I recommend creating a budget so you can get a better handle on your spending and start saving more money. I also recommend reading books on personal finance and investing. There are many great resources out there that can help you learn more about managing your money.
What are some final thoughts you’d like to leave us with?
The most important thing I can say is that it’s never too late to start planning for retirement. Even if you’re in your 50s or 60s, there are still things you can do to prepare. It’s never too late to start saving, and the sooner you start, the better off you’ll be. Retirement planning is a complex process, but working with a financial advisor can help make it easier. At Goldstone Financial Group, we specialize in retirement planning and we’re here to help. If you have any questions or would like to set up a consultation, please don’t hesitate to contact us.