Siena Wealth Advisory Group – Joseph S. DeSena
Joseph S. De Sena, CFP®, MBA, has been in the financial services industry for over 35 years. Originally from Brooklyn, Mr. De Sena graduated from Baruch College with a bachelor’s degree and later earned an MBA in finance at Adelphi University. Mr. De Sena joined Ameriprise in November 1994 and has been one of the top 100 financial advisors at the company since 1999. In October 2011, he received Long Island Business News’ 50 or so Around 50 Award, recognizing professional accomplishment and community service.
How do I make certain I accurately calculate my net retirement income?
We would probably all agree that “net income” is not a particularly difficult concept to understand: Deduct costs and expenses from gross income and net income is what is left. But, like many things that are easy to understand but difficult to practice—regular exercise, for example—too often investors overlook expenses that must be deducted from […]
How do I take a true measure of my success?
There is an old saying that nobody on his deathbed has ever wished he’d spent more time at the office. And you, as a high net worth individual, have most likely spent untold hours at “the office”; perhaps you own the company or are part of the C-suite. At our firm, we are privileged to […]
Is the “magic number” a magic bullet?
We frequently hear that each of us has a “magic number”—the amount of money we need in order to not outlive our retirement savings. Here at Siena, we believe you can have multiples of your magic number and still fall short, if you don’t plan well. Instead, we believe there are eight numbers you should […]
Why is the S&P 500® index a flawed metric of success?
All too frequently, we hear “I’m in great shape, I’ve outperformed the S&P for the last four years,” or something similar. As financial advisors, though, we can’t help but ask ourselves: When did the S&P become the single metric by which we measure financial success? We believe there are a few reasons why this is […]
