Financial Planning

Money management is a critical component of both business and personal success—frankly, it’s one of the keys to a happy life. One of the strongest options available for proper personal wealth management is a financial or tax adviser. Finding the right financial adviser can both simplify your own workload in…

Humans are not very good at making healthy long-term decisions. Our natural tendency to focus on what benefits us right now. This includes making poor financial decisions. This isn’t a product of social media or cell phones. Studies suggest that our brains are hard-wired to see our future selves as…

Every parent and grandparent want the best for the next generation. For most young people, a college education is an essential foundation for a financially successful life. But your child’s college education could be economically ruinous without proper planning. Costs of Your Child’s College Education Forbes has reported that the…

Does philanthropy have a role in a wealth management strategy? One of the biggest misconceptions about wealth management is that it is solely focused on the accumulation of more capital. However, for most people, wealth management is about making sure they have sufficient resources for their family and the causes…

Understanding a core group of financial concepts can make the difference between retiring comfortably and never being able to retire. Most high schools and colleges don’t teach financial literacy, and as a result, many of us have to learn the hard way to manage our money. The good news is…

When people talk about wealth management, they are usually talking about asset management. An asset is an economic unit that you own or control, with the expectation of a future financial benefit. If you want to increase and protect your wealth, you need a strategy for the building and acquisition…

Over the next three decades, younger generations will inherit over $30 trillion. During this same period, thousands of prosperous small and medium businesses will also change hands. This massive transfer of wealth may cause some significant problems for those on the receiving end. You already know how critical money management…

Unused vacation days can be costly.  Would you give up a share of $62 billion? If your answer is no, then you may be a member of the relatively small group of Americans (36 percent) that takes all of the vacation days available to them each year. In survey after…

One of the biggest mistakes people make with their wealth building is to focus too much on growth. This is like a basketball team that only focuses on offense, and never plays defense. They may win some games, but they won’t ever have enough firepower to win the championship. We…

The Federal Reserve is doing homeowners a big favor, keeping interest rates low. That means you should consider refinancing your old higher-rate mortgage. But how do you go about refinancing your old mortgage and how will you know it makes sense? First, you should know that not everyone can qualify…