Jiyao Xu, CFP®, CFA X and Y Advisors, Inc.

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About Jiyao Xu, CFP®, CFA

I am a fee-only financial planner and co-founder of X and Y Advisors, Inc. To make high-quality financial planning services available and affordable to young Chinese professionals living in the United States, I established X and Y Advisors, Inc.

After one year of experience with KPMG China, I realized that corporate finance is not my interest. In 2012, I came to Los Angeles, California to join my beloved wife, Vivianna, and study Personal Financial Planning. While taking different courses at UCLA, I managed to pass the CFP® exam and all three levels of CFA programs, go through the real estate broker education program and then work for a local wealth management firm for several years. With what I have gone through, I understand the needs and concern of the young professionals living here.

From my professional experience serving high-net-worth individuals, I realize that there are so many financial planning strategies that could be applied and may even create relatively more value to young professionals. Therefore, I decided to establish X and Y Advisors, Inc. and share my knowledge to help more people and families.

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Recently Published

How to use Robo-Advisors correctly

April 14, 2020

In all these years, I have been asked multiple times on my opinions about Robo-Advisors like Betterment and Wealthfront. In general, I think they are great options for people who just get started without a lot of money to invest. They can also be used by experienced people or even professionals to manage a portion of their portfolio. After all, a Robo-Advisor is just a portfolio management tool to help us invest. The question comes down to if you are using it correctly or not. From what I know, many people are probably not.

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Returns Needed To Recover From A Market Drawdown

March 30, 2020

How much cumulative returns do you need to recover from a 50% market drawdown? Most of you know it is 100%, not 50%. What percentage of an annualized compound rate of return or Compound Annual Growth Rate (CAGR) do you need to get a 100% total return to recover from the loss in three, five, and ten years? How about a more typical 20% or 30% loss? Also, what's the average annualized equity market return after 10%, 15%, 20% market decline in one, three, and five years? You will find all these numbers here.

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Investing During The Turmoil - Part 2

March 24, 2020

Last week, we shared some charts and statistics to help you calm down emotionally during the market meltdown. This week we will talk about some opportunities and strategies you could consider logically.

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Ideal Clients

  • Cross-border Planning
  • Gen Y/Millennials
  • Mandarin Speakers
  • Tax Planning

Ways Advisor Charges

  • Monthly Fee
  • Flat Fee
  • Assets Under Management

Fee Options

  • Monthly Fee: $1,000+ Upfront plus $150+/month
  • Flat Fee: $500+/ project
  • AUM: .5%

 

SEC Records

States Registered

  • California

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