Diversify's President, Ryan Smith, featured on Utah's Rod Arquette Show
December 17, 2013 (PRLEAP.COM) Business News
The President of Diversify, Inc., Ryan Smith, was recently featured as a special guest on The Rod Arquette Show, one of the most listened to talk radio shows in Utah. The Rod Arquette Show airs every day from 4 PM to 7 PM on 105.7 FM and 570 AM KNRS. Smith was invited onto the show to answer questions about the retirement situation in the U.S. along with the recent figures regarding our nation's GDP. With regards to retirement, Smith was asked about a recent survey, which reported that a vast majority of Americans are not preparing for retirement. Smith noted that a major culprit for these findings could be attributable to the ever-changing dynamics and factors involving pension plans. For example, Smith noted that not only is the offering of pensions disappearing, but more and more young people are changing careers at such a high frequency that they never establish a retirement savings routine.
Regarding the recent adjustment of our nation's GDP figures, Smith was asked about Q3 2013 figures being adjusted upwards to reflect more economic growth than initially reported this year. Smith noted that these types of adjustments aren't uncommon and, hence, the markets responded moderately. In addition, and generally speaking, Smith noted that particular care is needed when looking at these types of adjustments that appear to be representing significant economic growth. For example, Smith noted that a significant portion for the upward adjustment of Q3 2013 GDP was the result of increased inventories, which can oftentimes signify trends in decreased consumer demand.
Diversify Inc., and its affiliated companies, were founded in 2004 by Dan Luke and Ryan Smith. They provide investment, insurance and mortgage services to clients throughout the western United States. In addition to being recognized as one of Utah's 100 fastest growing companies, they were recently featured in Utah Business Magazine as recipients of the 2013 NABCAP Utah Premier Advisor award. Visit www.diversify.com to learn more or you may contact them at (866) 467-5115 or info@diversify.com.