We’re known for our Life-Minded Wealth approach. Now, we want you to get to know the people behind that approach. Susan Green, Financial Advisor and Director of Financial Planning Standards, featured.
Insights for Your Life and for Your Wealth
Owning a business has become increasingly complex. Regulation changes often, causing business owners to worry about how they treat their customers, employees and themselves. And because it’s their business, it’s usually the owners who spend the most time dealing with these evolving requirements.
Passing down values related to family wealth is one of the most crucial, yet challenging, tasks for parents today. A child’s experience with money during their formative years can shape how they save, spend and give for the rest of their life.
As the baby boomer generation approaches one of the largest transfers of wealth in U.S. history, individuals are focusing on how to facilitate the flow of their assets to their children, grandchildren and great grandchildren. Passing along more liquid assets – like stocks, bonds and cash – is somewhat straightforward.
In the wake of the Equifax breach, we understand many of our clients are concerned about the security of their financial data. There are many ways to limit the misuse of personal information from the breach, and we encourage clients to stay vigilant in monitoring credit accounts and proactive in setting up the right protections.
Over the past year, there has been a lot of talk – and just as much confusion – about the Department of Labor’s “Fiduciary Rule”. The proposed rule will legally and ethically require all financial advisors who provide retirement planning advice to meet “best interest” advice standards.
For many people, the process of gathering financial documents is like spring cleaning. It’s a necessary task avoided until the last minute. Because of that, it often constrains the financial planning experience, rather than bringing clients and advisors closer.