The Power of Trusts: Leveraging Trust Structures for Asset Protection and Wealth Preservation
By Jacob I. Rosenberg, CPA, PFS, CFP® There's no doubt about it: trusts certainly don't get as much attention as Wills do. But they’re incredibly powerful tools for anyone looking to protect their assets and preserve their wealth—especially if you have significant...
The Art of Selling a Business: Increasing Value Through Organized Financial Planning
By Ted Stricker, CFP® So, you’re thinking about selling your business. It’s a big step, isn’t it? It’s the kind of move that makes you look back at all you’ve achieved—everything from the personal sacrifices to the triumphs—and think about the best way to transition....
Timing Your Withdrawals: Key Strategies for Portfolio Preservation and Growth
By Ted Stricker, CFP® Like you, we know that retirement isn’t about trading in a briefcase for a beach chair—it’s carefully managing your financial resources to support your golden years. But when it comes to preserving and growing those resources, when you take your...
5 Questions Every High-Net-Worth Client Should Ask a Financial Advisor
By Jacob I. Rosenberg, CFP® Did you know that according to a recent PwC survey, nearly half of high-net-worth investors in the United States are planning to change wealth management providers or add new wealth management relationships in the next 12 to 24 months? If...
Risk Management: Market, Interest Rate and Currency Risk
Currency Risk History has shown that successful investing requires discipline and patience. When emotions and investment risks run high, it can be easy to lose focus on your investment strategy. To help you overcome these challenges, here are some important items to...
Understanding FDIC Insurance
If you have money in the bank, you want to know that it’s protected. Luckily, the Federal Deposit Insurance Corporation, or FDIC, insurance was designed to ensure your peace of mind. FDIC insurance protects your money in case something happens to the bank. Let’s dive...
How To Calculate Your Net Worth & Why It Matters
We hear a lot about net worth, but what exactly does net worth mean and why does it matter? Here, let’s learn more about what your net worth is, how to calculate it and the role it plays in your investment strategy and finances. What Does “Net Worth” Mean? Net...
How To Invest In Your Health This Year
How to Invest in Your Health in 2022 Healthcare is one of the essential parts of life's financial and personal journey. Many have not yet utilized all the financial tools that may help. Health Savings Accounts (HSAs) An HSA gives you a tax-exempt savings account...
Your Guide to Emergency IRA and 401 (K) Withdrawals
Life is complex, and if your circumstances require you to tap into your retirement savings account, know that you are not alone. According to a recent study, 51% of Americans have taken an early withdrawal.1 IRA and 401(k) accounts are essentially a deal with the...
How to Back Up Your Financial Documents
If you’ve accidentally deleted or misplaced a financial document, you already understand the importance of backing up your important files. However, saving your financial documents to an external hard drive is only part of the battle. To truly safeguard your...
What Is the Difference Between a Tax Credit and a Tax Deduction?
When it comes to preparing your taxes, the idea of tax credits and tax deductions can be music to any taxpayer’s ears. That’s because both are used to lower the amount of taxes someone owes to the government. While they’re both worth getting excited over, it’s...
Your 2022 Tax Filing Season To-Do List
The tax season is officially here. If you haven't already, now is the time to get prepared. Whether you meet with a tax professional or prepare your taxes yourself, proper planning helps the processes go more smoothly and may reduce the risk of costly errors. Check...