I remember the days when creating a financial plan was a cumbersome process, involving countless hours of assembling paperwork and collaborating with individuals who input information without truly understanding who you were. Once this phase was complete, the plan was handed off to an advisor. Typically, such plans, spanning about a hundred pages, would just […]
October is a pivotal month for companies as it marks the onset of open enrollment periods for employee benefits for the coming year. It’s a time when employees assess and modify their benefit selections, making it an optimal time for employers to reevaluate and refine their 401(k) offerings. By focusing on diversity and quality in […]
As our world becomes increasingly characterized by rapid financial evolution, the realm of private equity and hedge products has become a hotspot for accredited investors. But why does this domain capture such attention? And how does it offer opportunities that often eclipse traditional investment avenues? The Exclusivity of Private Equity Private equity (PE) is an […]
I have never seen so much confusion and negative conversation about any financial product in my 30 years of being a Financial Advisor–the market-based annuity. This article is meant to shed some light on when an annuity could work for your retirement plan while also addressing its downsides. Given the hundreds of annuities available to […]
The Securities and Exchange Commission defines an “Accredited Investor” as an individual who meets the following criteria: $ 200,000 of individual income in each of the past two years. $ 300,000 of joint income in each of the past two years. Anticipation of similar or higher earnings in the future. $ 1,000,000 of financial assets […]
Are employee exits burning a hole in your company’s pocket? Employee turnover isn’t just about bidding farewell to a familiar face. It’s about the monetary implications–the real costs of employee turnover– that are both evident and concealed beneath the surface of your business. The modern employee doesn’t just work for today’s paycheck. They’re consistently looking […]
As we come to the end of summer, this is a fitting time to reflect upon and re-evaluate the health and direction of our financial estates. Regular checkups and a detailed estate planning review, are paramount in a shifting financial landscape, ensuring your wealth is not only preserved but also flourishes. Understanding the Current Tax […]
College education, once deemed a golden ticket to upward mobility, has transformed into a costly pursuit. As rising college costs continue to do just that–rise exponentially–the average American family grapples with the prospect of sending their child to college. How did we get here, and how do we navigate these soaring costs? Enter the 529 […]
In the world of business management, understanding the roles and responsibilities of various financial professionals is paramount. Particularly when it comes to handling retirement plans like 401(k)s, the expertise brought on board can directly affect the financial well-being of numerous individuals. Two crucial roles in this sphere are those of a 401(k) Fiduciary Advisor and […]
A New Chapter in AI Technology The world of Artificial Intelligence (AI) has seen groundbreaking advancements, revolutionizing numerous sectors, from healthcare to finance. A pioneer in this seismic shift is ChatGPT, developed by OpenAI. This highly sophisticated language model is ushering in an era of unprecedented innovation and possibilities, especially in the finance and investment […]
