Who Will Raise Your Kids If You Can’t

Who will raise my kids if I can’t? This is a huge and unthinkable question. So it’s no wonder that I frequently hear a multitude of excuses from family, friends and clients – all the parents of young children – who have not yet set up their essential estate plans. Often, the hurdle isn’t finding […]

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Topics: Advice

Empowering Your Loved Ones With Knowledge

When a partner passes away or becomes debilitated, it is emotionally shattering. If your loved one runs the household or handles finances and investments and doesn’t have records or written instructions, it can be devastating. According to a Harvard Medical School publication, “Coping With Grief and Loss,” “Up to 50% of widows and widowers have […]

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Topics: Advice

Important Decisions: Appointing Trustees and Guardians

Life is hectic. Dealing with jobs, friends, family, and everything else you have on your plate contributes to that rapid pace. When you add children to the mix, it doesn’t get any easier. At some point, we run out of time to accomplish everything on our to-do list. Eventually, every one of us will run […]

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Topics: Advice

Make Beneficiary Designations With Care

When you opened your IRA account 25 years ago, whom did you name as the beneficiary? Is your ex-spouse still the beneficiary of your life insurance policy? If you can’t quite remember, now is a good time to check. Designating a beneficiary — the person who will receive the proceeds upon your death — may […]

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Topics: Advice

Lessons from 2016

Every year, the market provides us with some important lessons on prudent investment strategy. Many times, the market will offer investors remedial courses, covering lessons that it has already delivered in previous years. That’s why one of my favorite sayings is that there’s nothing new in investing—there’s only investment history you don’t yet know. Last […]

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Topics: Advice, Investing, Investment Strategy

What 2016 Taught Us About Investing

Investing is a pursuit best liberated from short-term analysis that tends to mislead more than edify. But 2016 was one of those rare years that provided a lifetime’s worth of education in a brief period. Here are the three big investing lessons of 2016 that can be applied to good effect over the long term: […]

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Topics: Advice, Investing

Advanced Planning

Wealth management works hand in hand with portfolio management, adding value beyond the importance of a prudent investment philosophy. The experience begins with crafting a holistic plan designed to help you in achieving your vision of financial success. That customized plan should address financial objectives, values related to money, concerns that keep you up at […]

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Topics: Advice, Investing, Investor Behavior

The 10 Most Important Things to Help Ensure Your Family’s Wealth and Well-Being

Several lifetimes ago, when I was a newly minted wealth advisor, I would often begin planning conversations by listing all the many ways that comprehensive money management could help families find personal excellence in their busy lives. Fortunately for all concerned, I soon realized that, in my enthusiasm to impart everything there was to know, […]

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Topics: Advice

“Free Lunch” Investing Takes Time to Cook

As the director of research for The BAM Alliance, I’ve been getting lots of calls recently from investors questioning their international equity investments. This hasn’t been a surprise, as any time an asset class does poorly, a significant number of investors will question why they own that asset. One particular inquiry I received addressed the […]

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Topics: Advice, Investing