Most industries and many kinds of businesses are facing challenges unforeseen months ago, and further changing business practices is likely going to be necessary as the situation evolves. Predicting the future is ultimately an exercise in futility, but having said that, it’s likewise necessary to understand and anticipate trends and…
We live in unprecedented times, as the social, political, and financial fallout from the COVID-19 coronavirus pandemic continues to evolve. The 2nd, 3rd, etc tier effects of both the virus and our various responses to it will ripple through our lives for some time to come. However, within every challenge…
In early March, consensus expectations for 2020 global GDP growth were +3%. Now they are -3%. That is a 6% swing in one month – unprecedented. You have to go back more than 40 years to find a similar decline in GDP. Even then, it took 12 months. Generally, such…
Annuities are a series of financial tools receiving a great deal of attention recently. Despite the publicity, there are still a number of misunderstandings about annuities. Like, what they are and how they work. We’d like to address some of those questions. And, more importantly, give you a link to…
The economic impact of COVID-19 is causing concerns among many employers faced with contribution requirements associated with their Cash Balance and Defined Benefit Plans. In light of the current economic environment, many plan sponsors may not be in a position to continue, at least in the near term. Cash Balance…
These are challenging times. The COVID-19 pandemic has reshaped many aspects of our lives, including our financial well-being. We’ve discussed in previous blogs and newsletters the approach we advise our clients to take in navigating the financial and investment landscape, but it has come to our attention financial scams have…
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…
We’ve had the discussion surrounding the events caused by the coronavirus/COVID-19 and the effects the virus has had on the marketplace. Now we’d like to change course and take a more in-depth view of your dental spaces and what you can do for your patients and your practice during these…
We’ve addressed the evolving situation around coronavirus/COVID-19 in both our podcast and a previous blog. However, given the ongoing effects that concern the disease are having on both the marketplace and the zeitgeist, we’d like to delve into it again. In brief: our current circumstances are best approached with a…
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…
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