#thomas zenovic

[thomaszenovic]

CFP Examination Transitions to Computer-Based Testing

Employed at Merrill Lynch, Pierce, Fenner & Smith Incorporated, Thomas Zenovic is registered to offer advisory services in 16 states. Thomas Zenovic is also a certified financial planner (CFP) who provides pension consulting and security portfolio management. Beginning November of 2014, the CFP examination will be administered through computer-based technology. Offering convenience to future certified financial advisors, computer-based testing (CBT) will be available three times a year for one-week periods. Streamlining the testing process, CBT provides easy test scheduling and efficient examination execution. CFP candidates will visit their chosen site to complete their testing, and prior to leaving, will receive unofficial exam results. Final results are delivered to the test taker online within 10 business days. Individuals seeking to complete a written exam may do so by registering for the final pen-and-paper test by June 10th. The examination is scheduled for July 18-19, 2014. Among industry peers and financial clients, CFP certification signifies a high level of competency in financial planning. Financial planning professionals who earn CFP designation have undergone comprehensive testing that proves their expertise to effectively apply financial knowledge to a variety of life events.

[thomaszenovic]

Investing in Time-Shares

Thomas Zenovic is a certified financial planner with Merrill Lynch in White Plains, New York. One of Thomas Zenovic’s areas of interest is time-shares, a vacation investment that can be extremely beneficial for the right person. Time-share investors own the rights to use a specific time-share for a set interval every year. These rights can last a lifetime, until the time-share is sold to a new investor, or for a set amount of time stated in the purchase agreement. Clients can vacation in that property for the agreed time period or rent it out and earn income. There are also right-to-use time-shares that provide clients with any available unit within a resort instead of one specific unit year after year. Although time-shares can be a wise investment, investors should be aware of scams. Prior to finalizing any time-share investment, it is important for clients to discuss the deal with a certified financial planner to avoid these scams.

[thomaszenovic]

The Shrinking Deficit in the United States

Thomas Zenovic serves as first vice president of investments at Merrill Lynch. Located in White Plains, New York, the firm operates as an industry leader in global finance and investment capital. In his current capacity, Thomas Zenovic manages more than $400 million in assets. The current economic landscape provides a number of opportunities for investment firms like Merrill Lynch. One of the biggest factors is the shrinking deficit in the United States. According to U.S. government records, the country recently posted the smallest annual deficit in five years. In August of 2013, the deficit came in at $147.9 billion, which was 35 percent lower than the previous year. In addition, government spending decreased by 10 percent from a year ago. If the trend continues, experts predict a steady increase in jobs and a boost in corporate profits. These financial trends led to a 4 percent increase in tax revenue last year, for a total amount collected of $185 billion.