How Do I Know How Much of a Health Benefit I Need?
Making decisions regarding your health insurance can be complicated. it’s important to strike a balance between value and coverage, getting the most out of your hard-earned dollars – even if your employer provides a good health care plan. When you are just starting out in the…
5 Steps to Determining Your Risk Tolerance
There’s a degree of risk in any financial investment. There are no sure winners and no sure losers, either. How comfortable you are with the latter statement may give you a clue as to your risk tolerance. You can think of risk tolerance not only…
Top 5 Things You Should Always Share With Your Financial Advisor
Your financial advisor is an integral part of your team to help you manage your wealth and grow your future. Unfortunately, you may not be sharing with them everything that you should be. Whether you are not communicating things because you feel they are unimportant…
What is the Fiduciary Rule and Why You Should Care
When you’re deciding on a financial advisor to guide you on decisions regarding retirement, investments, life insurance, estate planning and the like, you should have a lot of questions prepared. One of the most important questions to ask is whether the advisor is a fiduciary….
Common Financial Mistakes High Net Worth Real Estate Investors Make
High net worth individuals (HNWI) is a classification used by the financial services industry to denote an individual or a family with liquid assets above a certain figure. Although there is no exact number, high net worth is generally referred to as those who have…
Don’t Have a Will? Here’s What Could Happen If You Pass Away Without One
Creating a will should be the first step in a comprehensive estate planning process as it gives you the opportunity to make sure your wishes are carried out after you’re gone. Typically, the cost of preparing a basic will is a few hundred dollars. For…
What is Financial Therapy and How Does it Differ from Financial Advisement?
You have the best of intentions, you want to contribute to your savings account each month or make a larger payment towards your credit card debt. However, you continue to find that you don’t have enough to fulfill the financial goals you have set for…
6 Must-Knows Before Planning Your Charitable Contributions
Whether it’s the beginning or nearing the end of the year, giving is something many of us feel we’d like to do more of. When it comes to holiday contributions, we often feel too stressed with all the things going on to do the proper…
A Guide to Trusts for Estate Planning
A majority of Americans understand the importance of estate planning, yet an alarming percentage of adults do not have arrangements in place. According to a 2019 survey, 51 percent of people believe having an estate plan is necessary, but only 40 percent have actually implemented…
Dollar-Cost Averaging (DCA): What Is This Investment Strategy and Should You Use It?
One of the biggest fears of any new or seasoned investor is losing money. This fear can actually inhibit some people from ever investing at all, and it might also lead to selling preemptively or opting for the lower risk investment option time and again….
