Wealth Management

For many, the stock market can be a daunting place. The fear of making a wrong move, buying at the peak or losing due to market swings often keeps investors on the sidelines. But there is a simple, effective strategy that could help ease these fears while building wealth over time. Dollar-cost averaging (DCA) values consistency over perfect timing and can help you reduce the overall cost per share.

Just when you thought you had an up-to-date retirement plan solidified, accounting for all the changes of the Setting Every Community Up for Retirement (SECURE) Act of 2019, Congress wrapped up 2022 with the SECURE 2.0 Act.

Retirement often consists of three phases with a different desired lifestyle for each:  the Go-Go years, the Slow-Go years, and the No-Go years.

This year has brought economic resilience, cooling inflation, a pause in the Federal Reserve’s interest-rate hikes and a shift toward lowering interest rates, including the Fed’s decision in September to cut the rate by half a  point. Yet geopolitical risks remain and investment market volatility continues. Moreover, the market is contending with the we still have to contend with the Donald Trump-era tax cuts, which are set to expire at the end of 2025.

Divorce can get complicated, especially when it comes later in life. Couples who have been together for years often own property and investments jointly. Now they need to divide those assets and plan for their future financial situations.

The demands on medical practitioners today can seem overwhelming. It’s no secret that healthcare delivery is changing, and those changes are reflected in the financial issues that healthcare professionals face every day.

Can our biases influence our financial decisions? The answer, some experts say, is absolutely and positively yes.

While financial planning always involves investing, it goes far beyond just building an investment portfolio and selecting investments expected to outperform their peers.

The ability to send your child to college is near the top of the wish list for most parents. But that diploma doesn’t come cheap.

Borrowing money is more than just acquiring it to facilitate a purchase or bridge short-term cash needs. Many people effectively employ credit and borrowing strategies as part of their overall financial planning.

So what if you’ve never sold a business before? Who better to lead the sale process  than the guy who knows far more about the business than anyone else? Who better to steer the ship than the woman who knows exactly what she wants from the sale of a business? 

Following are some of the major categories and tasks our advisors and I are recommending for clients to get their financial houses in order.