Category: Financial Planning

Filter Blog by:
    How to Talk to Your Family About Your Estate Plan and Avoid Complicating Their Grief

    Blog

    How to Talk to Your Family About Your Estate Plan and Avoid Complicating Their Grief

    Sarah Duey   I once had clients with only one daughter. They created a trust for only their grandchild without ever telling their daughter why.   As the trustees, we worked with this daughter, because her child was still a minor. There were hard feelings — a lot of wondering why her parents had skipped her in their estate planning. 

    Read More
    Tips to Help You Stay Strong During Market Volatility

    Blog

    Tips to Help You Stay Strong During Market Volatility

    It’s almost impossible not to feel anxious at the dips and dives the stock market has been taking recently, compounded by relentless inflation-focused headlines. That’s why you might be surprised to learn there’s a lot of positive news to be had, despite the market uncertainty. 

    Read More
    529s, Roth IRAs and Other Strategies for Your College Savings Plan

    Blog

    529s, Roth IRAs and Other Strategies for Your College Savings Plan

    By Craig Lemoine, Director of Consumer Investment Research   I often find college savings at the top of my pile of financial stressors. Unless I find a money tree in my backyard, my oldest child is going to turn 18 well before I retire. We all have different values surrounding the education of our children or grandchildren. Some of us want to pay as much of our children’s college costs as we can. Others may believe in the power of being self-made, while some families fall in between. I proudly fall in the middle. College costs continued to rise for...read the full article

    Read More
    Where is the Money Tree? How to Teach Kids About Money, Credit Cards, Saving, Investing, Venmo and More

    Blog

    Where is the Money Tree? How to Teach Kids About Money, Credit Cards, Saving, Investing, Venmo and More

    Craig Lemoine, Director of Consumer Investment Research      Ask kids what they think money is, and you get some interesting responses.  Over the last month, I asked my friends, family and neighbors if I could pose a question to their children about money. Their answers covered it all – insightful, surprisingly robust and hysterical.  Ellie (4): “Cash. It can pay for stuff, like Pop Tarts.” Kate (6): “It’s how you pay for what you want.”  Lily (6): “Money is something that you can use. It can really help you get something important or things you really wanted. If you...read the full article

    Read More
    To Give Now or Give Later?

    Blog

    To Give Now or Give Later?

    Tom Fridrich, Senior Wealth Planner    You’re in a good position in your life. You’ve built up your wealth, perhaps from a successful business or working in corporate America. You might feel it’s time to start winding down and that you’re in a place where you’re figuring out whether to transfer some of those assets to the next generation. 

    Read More
    The 3 Inflection Points Behind the Stock Market’s Dip

    Blog

    The 3 Inflection Points Behind the Stock Market’s Dip

    Burt White, Chief Strategy Officer   So far, 2022 is off to one of the worst ever starts of a year for stock returns. And the reasons are numerous and front of mind for us all: an unexpected war in Ukraine, the lingering impacts of COVID-19, the highest inflation rates in 40 years and the prospects for a contentious midterm election right around the corner. 

    Read More
    7 Tips to Help Protect Your Money Against Scams

    Blog

    7 Tips to Help Protect Your Money Against Scams

    Whether perpetrated over the phone, via text, by email or online, financial fraud is a crime that unfortunately just keeps growing. Earlier this year, the FTC reported that it received 2.8 million reports of fraud from consumers in 2021, with losses estimated at $5.8 billion – a hefty 70% increase over 2020. 

    Read More
    Talking to Your Financial Advisor During Market Volatility

    Blog

    Talking to Your Financial Advisor During Market Volatility

    When market volatility occurs, it’s completely natural to feel anxious about your finances. This is an uncomfortable time for all investors – seasoned and new. 

    Read More
    What to Do About Inflation’s Impact on Your Finances

    Blog

    What to Do About Inflation’s Impact on Your Finances

    By Craig Lemoine, Director of Consumer Investment Research   Suppose last year you went grocery shopping and filled your cart with $100 worth of items. This year, you went to the same store and bought the same items – this time, the bill rang up at $107.50.   The difference of $7.50 represents an increase in average consumer goods and services. Divided by the original period ($100), it illustrates a 7.5% inflation rate.   Inflation is the loss in purchasing power due to the increase in costs of goods and services in an economy. The Federal Reserve’s long term inflation target is...read the full article

    Read More
    Do I Need Life Insurance? How to Choose Life Insurance Coverage and When to Reassess Your Needs

    Blog

    Do I Need Life Insurance? How to Choose Life Insurance Coverage and When to Reassess Your Needs

    By Matt Lewis, Vice President, Insurance  Just because we express a desire to do something, doesn’t mean we’ll do it.  

    Read More