“An educated investor is one who understands the importance of diversification, the trade-off between risk and return, and how to evaluate an investment opportunity. An educated investor understands that if something sounds too good to be true, it likely is.”
- Cynthia Glasser, Commissioner of the U.S. Securities and Exchange Commission, April 2006
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"In my view, before they make a purchase, investors deserve full and clear disclosure of all the fees and costs that come out of their pockets, either directly or indirectly, to pay for all the activities related to the operation and sale of these products, including whether a broker's recommendation benefits the broker."

- Cynthia Glasser, Commissioner of the U.S. Securities and Exchange Commission, March 2006

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"It is my contention that active management does not make sense theoretically and isn't justified empirically. Other than that, it's O.K. But it's easy to understand the allure, the seductive power of active management. After all, it's exciting, fun to dip and dart, pick stocks and time markets; to get paid high fees for this, and to do it all with someone else's money."

- Rex Sinquefield, Dimensional Fund Advisors, 1995

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"Investors… invest on the basis of performance, try as we might to tell them that past performance is no indication of future performance."

- Commissioner Paul Atkins, U.S. Securities and Exchange Commission, April 2006

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"Investment return is far more dependent on investor behavior than on fund performance.

DALBAR Inc.

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"The discrepancy between a fund's performance and that of its shareholders can be large. Investors would benefit from knowing how well they did as opposed to how well their fund did."

- Barry Barbash, director of the SEC investment management division, 1997

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Dana M. Anspach, CFP® is a principal of Wealth Management Solutions as well as a financial advisor. Her area of expertise is working with pre- and post-retirees who need to generate income from their assets. Dana recognizes that these clients have unique needs, as they cannot easily return to work to recoup portfolio losses.

She has been practicing since 1995, previously as a district manager at Waddell & Reed and as a financial advisor with Merrill Lynch in Colorado. This experience led her to pursue fee-only financial planning as the only way to offer truly unbiased advice.

Dana moved to Arizona in 2001 to manage the wealth management division of a local CPA firm, a position which allowed her to work with many small business owners, assisting with business transition and estate planning concerns.

For the past four years, Ms. Anspach has been invited to speak at a Fortune 500 company on the topics of short term retirement planning and investing for income. Dana has been quoted in the Journal of Financial Planning as well as in the Arizona Republic. Dana has also been published in the Express Network Newsletter for the American Business Women's Association and is a regular contributing author to the financial planning section of East Valley Living (www.evliving.com).


Licenses and Designations
Certified Financial PlannerTM
Series 7 licensed in AZ
Series 66 licensed in AZ
Life, health and variable licensed in AZ

Professional Affiliations
FPA - Financial Planning Association
ABWA - American Business Women's Association

Miscellaneous
City of Birth: Iowa City, IA
Elementary School: St Louis, MO
High School: St. Cloud, FL
Alumni: University of Florida, Gainesville
Career started in Grand Junction, CO