Jit Tandon is President of Ficadenti Tandon Asset Management, Inc. and a well known financial professional in Northern Virginia. Mr. Tandon counsels seniors on how to increase their income and reduce their taxes. Jit has advised pre-retirees and retirees of the federal government, teaching profession and business executives.
Jit is the co-author of Retirement Investing, an easy to read book suited for those already retired or close to it. The book discusses estate planning and retirement investing.
Jit holds a MS in Management from Massachusetts Institute of Technology (MIT), Cambridge, MA and B. Tech. (Honors) degree from the Indian Institute of Technology (IIT), Kharagpur, India. He is also registered as an Investment Advisor Representative and is enrolled to practice Income Tax before the IRS.
Jit lives with his wife of 26 years and their two children in Northern Virginia. He is also the past President of Sundial Village Condominium Association and has served on the Board of Directors of the Nation Children Center (NCC) of Washington, DC. If you attend one financial presentation this year, do not miss this opportunity to hear one of Northern Virginia’s most entertaining and informative speakers.
|Firm Start Year:||2000|
|Name of Broker/Dealer:||TD AMeritrade Institutional|
|Name of Custodial Firm:||TD Ameritrade Institutional|
|States Licensed in:||VA|
|Number of Years with Current Firm:||12|
|Work Experience:||Jit Tandon is a well-known financial professional in Metro Washington and co-author of Retirement Investing. He has assisted many families to invest wisely. Mr. Tandon has taught investors age 60+ how to preserve their assets, increase their income as much as 30% and reduce the taxes. Jit is a Registered Advisor Representative, which required him to pass a comprehensive exam proving his expertise and broad knowledge of the science of investing. Jit holds a MS degree in Management from MIT, Cambridge, MA and is enrolled to practice before the Internal Revenue Service. He is a member of the National Association of Enrolled Agents. Jit lives with his wife of 30 years and 2 children in Springfield and has been on the Board of Directors for National Children Center. Currently Jit is serving as the President of Sundial Village Condominium Association, Alexandria, VA.|
|I work with the following types of clients:||Individual Investors , Investment Clubs , Businesses , Non-Profit Organizations|
|Foreign Languages Serviced:||Hindi, Urdu, Punjabi & Bengali|
|Investment Types:||Exchange Traded Funds (ETFs) , Options & Futures , Bonds , Mutual Funds , Stocks|
|Qualifications & Memberships|
|Non-Financial Organization Memberships:||
Chairman of the Board of Directors & President of Sun Dial Condominium Association
Past member of the Board of Directors of Nation Children Center (NCC) of Washington, DC
|Number of Advisors in Office:||Up to 10 employees|
|I work with clients as part of a team:||Yes|
|Registered Investment Advisor:||Yes|
|Investment Advisor Representative:||Yes|
|Compliance Disclosures in Last 5 years:||I have a clean record|
|Criminal Disclosures in Last 5 years:||I have a clean record|
|Compensation & Fees|
|Fee Structure:||I am a fee-only financial professional|
|Minimum Portfolio Size for New Managed Accounts:||$100,000|
|Compensation Methods:||Based on Assets , Hourly|
|Additional Details on Charges:||
PORTFOLIO VALUE ANNUAL FEE (%)
Below 250,000 1.50%
750,000 and Higher 0.75%
Fees are billed quarterly, at the end of each quarter based on the portfolio value on the last trading day of the quarter.
For clients without investment services, investment consulting services are provided at a hourly rate of $175/hour. The initial hour is FREE.
Seniors shoulder a surprisingly large credit card debt burden
Younger generations of Americans have long looked up to their elders as paragons of good financial common sense. The "Greatest Generation" managed to get through the country's toughest economic conditions with a dogged attitude about saving and minimal spending. So it's surprising to find out that many seniors are facing high levels of credit card debt. more
Roth IRA Conversion Points to Consider
It seems that nearly every day, some sort of advertisement, article or promotion regarding the 2010 changes for Roth IRA conversions comes our way. This is a potentially great option for some individuals. However, most of what we see looks more like a sales pitch than real financial advice. more
Work out your credit to get financially fit this summer
Just as you take care of your physical health in preparation for summer fun, you need to pay attention to your financial well-being as well - and not just when the weather's warm, but all year round. more