Category Archives: Financial Advisor
Short Term Versus Legacy: Your Financial Plan
It can be difficult to ensure that you have enough funds set aside for retirement and that you’ve done the appropriate strategies and planning to protect yourself later on. But this also must be balanced with your interest in creating a legacy. How do you know which one should take priority? The truth is… Read More »
More Financial and Estate Planning Professionals See Desire from Younger People
All generations can benefit from estate planning, but that doesn’t mean that all people seek out the support of estate planning lawyers and financial advisors as they should. Younger people are, however, seeing the benefit to planning ahead as they watch their parents and grandparents in retirement. The importance of the financial and estate… Read More »
The Importance of Vetting Your Financial Advisor
Any time you work with a professional, including a financial advisor, it’s well worth doing the research to verify that he or she is the right fit for you. You will want to interview a few different options before choosing a financial advisor and look specifically into their backgrounds before selecting someone. A few… Read More »
You’re Close to Retirement. What Financial Planning Options Do You Have?
Retirement today is one of the most complicated subjects and also one of the most important, with a growing baby boomer population. To help determine what type of financial advice is most applicable for you, it depends on where you are on the retirement spectrum. If getting closer to retirement, it is important to… Read More »
Coalition Wants Better Rules Governing Financial Advisors
A number of public interest groups have formed a coalition whose purpose is to protect the interests of retirees. These organizations want the “U.S. Department of Labor to revise rules requiring financial advisers to act in their clients’ best interests when offering retirement investment advice,” according to a recent story by Carole Fleck on… Read More »
Financial Planning Needs Of Women Differ From Those Of Men
Men and women are different. That’s not exactly earth-shattering news to most people, although many may not realize this also applies when it comes to financial planning, as pointed out in a recent article in Forbes magazine. “Are women different when it comes to financial planning?” author Eve Kaplan asked. “The unequivocal answer is:… Read More »
Changing will provisions at the end can be problematic
John Grisham’s latest bestselling novel revolves around a wealthy man crafting a handwritten will that completely cuts out his family and leaves the fortune to his housekeeper. (Photo credit: Ken_Mayer) The reason the man did this just prior to taking his own life, other than that his two adult children are fairly odious people,… Read More »
The ‘prenup talk’ is well worth having
In the heat of passion, many people are lukewarm to the very notion of a prenuptial agreement. Attorneys and financial advisors face an uphill battle, more often than not, in convincing clients that when it comes to legal protection, they should say, “I will,” prior to saying, “I do.” “Getting couples to warm to… Read More »
Choosing financial advisor doesn’t have to be a headache
Some people put more thought into choosing an outfit for the day than they do in selecting a financial advisor. They almost assuredly know that the one is far more important than the other, but feel there is no way of making a sensible choice. However, the National Association of Personal Financial Advisors, on… Read More »