Buying Life Insurance: 5 Mistakes to Avoid
Life insurance is designed to provide a measure of financial security to loved ones after you’re gone; the money can help pay off...
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What Matter Most to Children of Affluent Families
According to a recent Wells Fargo study of children in families with a net worth of at least $1 million, children see the most...
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Diversity: More Than a Fad
Managing client relationships is challenging enough without the added demands of compliance, technology, human capital, and...
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Managing Life Insurance Proceeds After A Spouse’s Death
When a spouse suddenly dies, life insurance proceeds can swamp the survivor in amounts greater than what either of their incomes...
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Rescuing Retirement Plans for Clients Who Divorce after 50
According to the National Center for Health Statistics and the U.S. Census Bureau, since 1990 the divorce rate for Americans 50 and...
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How Adult Children Rate Parents’ Financial Planning – And Their Own
TIAA reported recently on a survey conducted by KRS Research, which turned up a curious statistic. The poll found that 27% of adult...
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The 6 L’s You Must Know About Small Business Planning
Small-business owners pour everything into their enterprises, so it’s no wonder such dedication can cause tunnel vision. Focused on...
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Withdrawal Rates: Make Sure Clients Don’t Outlive Their Money
Our featured author is Martin M. Shenkman, a respected attorney and tax specialist who practices in New Jersey and New York. In the...
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How to Converse with the Wealthy
“Let me tell you about the very rich. They are different from you and me,” F. Scott Fitzgerald famously wrote. We beg to differ –...
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Advisor’s Expertise: Counseling Clients on Mental Health Issues
Carolyn Reinach Wolf, executive partner at Abrams Fensterman law firm, serves as director of the mental health practice. Her bio...
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Advisor’s Expertise: Take 20 Minutes to Get LinkedIn Sorted
LinkedIn offers considerable promise for advisors, but it won’t work unless you put in the time. Developing your LI profile and...
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Is Your Firm Not Growing? This is Why…
Gordon Ross, director of Enterprise Group at Dynasty Financial Partners, proposes an exercise for RIAs: measure your net new...
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How to Avoid Required Distributions from a Roth 401(k)
It’s possible to avoid taking distributions from a Roth 401(k) by rolling the balance over into a Roth IRA tax free. A Roth IRA...
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Novel Ways for Seniors to Pay for In-Home Care
The story begins with Martin Faga, the retired CEO of Mitre Corp., who at age 77 found that he needed in-home care following...
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Why HNW Clients Need Specialized Insurance
One thing about the wealthy: they usually own a lot of stuff. We aren’t talking about knick-knacks and souvenirs – we mean valuable...
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Aretha Franklin Suddenly Has Three Wills
Following the Queen of Soul’s death, it was believed that she exited the stage without leaving a will to dispose of her earthly...
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