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. In addition to assisting people in making financial plans, Anthony Pellegrino of Goldstone Financial Group has committed his practice to standing by their side as a partner as they work toward their goals. He offers financial strategies aimed at generating steady, dependable returns despite market volatility and uncertainties. He achieves this by prioritizing the requirements of his customers. Anthony Pellegrino is held to a higher ethical standard than non-fiduciary advisors because of his legal need to put his customers’ needs before his own.
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.
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. 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.
What inspired you to enter the financial services industry?
I was inspired to enter the financial services industry after seeing firsthand how difficult it can be for people to achieve their financial goals without proper planning and guidance. I wanted to help people create a solid foundation for their future so they could avoid some of the pitfalls that I had seen others experience.
What inspired you to start Goldstone Financial Group?
I started Goldstone Financial Group because I saw a need for truly independent financial advice. Too many people were being taken advantage of by so-called financial advisors who were really just salespeople selling products that may not have been in their best interests. As a fiduciary, I am legally obligated to put my clients’ interests first, and that’s something I take very seriously.
What is your philosophy when it comes to investing?
My philosophy is simple: focus on the things you can control and don’t try to time the market. You can’t control what the stock market will do in the short-term, but you can control how much you save and how diversified your portfolio is. That’s why I focus on helping my clients build a solid foundation with a diversified portfolio that is designed to weather any storm.
What are some of the biggest mistakes you see people make when it comes to their finances?
One of the biggest mistakes I see people make is not saving enough for retirement. Too many people think they can just rely on Social Security or their company’s pension plan, but those sources of income are often not enough to cover all of your expenses in retirement. That’s why it’s so important to start saving early and to make sure you’re contributing enough to get the most out of your employer’s matching program if they offer one.
What are some of the biggest financial challenges people face in retirement?
One of the biggest financial challenges people face in retirement is figuring out how to generate income from their investment portfolio. With traditional investing, you’re relying on the stock market to provide you with the capital gains or dividends that can help supplement your Social Security or pension income. But in today’s low-interest rate environment, that can be a challenge. That’s why I focus on helping my clients build a retirement income plan that includes accounts with lifetime income features. This way, no matter what happens with the stock market, my clients will have a paycheck they can count on for life.
What are some tips you can give people who are trying to get their finances in order?
One of the best tips I can give is to start by setting up a budget. It’s important to know where your money is going so you can make sure you’re prioritizing your spending and saving. Once you have a budget in place, you can start working on building up your savings so you have a cushion for unexpected expenses. And finally, don’t forget to start planning for retirement as early as possible. The sooner you start saving, the more time your money has to grow.
What are some of the biggest financial mistakes people make when it comes to their taxes?
One of the biggest mistakes people make is not taking advantage of all the deductions and credits they’re entitled to. Too many people just take the standard deduction without looking into whether they could itemize and get a bigger tax refund. Another mistake people make is not keeping good records of their expenses. This can come back to bite you at tax time if you end up being audited. That’s why it’s so important to keep track of your receipts and make sure you’re only claiming deductions you’re eligible for.
What are some of the biggest financial challenges people face when it comes to their estate?
One of the biggest challenges people face is making sure their assets are properly protected in case something happens to them. Too many people wait until it’s too late to plan for their family’s future and then their loved ones are left to deal with the mess. That’s why it’s so important to have a comprehensive estate plan in place. This way, you can make sure your assets are distributed the way you want them to be and that your family is taken care of financially if something happens to you.
What is your proudest accomplishment as a financial advisor?
My proudest accomplishment as a financial advisor is helping my clients achieve their desired results. It’s not just about making a sale or closing a deal – it’s about making a difference in someone’s life and helping them reach their goals. That’s what I strive to do with every client, and it’s why I love what I do.
What are some of the unique services that you offer at Goldstone Financial Group?
At Goldstone Financial Group, we offer a wide range of services designed to help our clients achieve their financial goals. We offer professional asset management, retirement planning, and income planning services, as well as a host of other financial planning services. We also have a team of experienced professionals who can provide guidance and support throughout the entire process.
What sets Goldstone Financial Group apart from other financial advisors?
One of the things that sets Goldstone Financial Group apart from other financial advisors is our commitment to always putting our clients first. As a fiduciary, we are legally bound to always act in our clients’ best interests, and we take that responsibility very seriously. We also pride ourselves on providing unbiased advice and guidance so our clients can make the best decisions for their future.