Are You Investing In Your Relationship? We believe that financial planning can be for anybody, but not everyone is well suited for an advisory relationship with an independent, fiduciary firm. Over time, we have identified five specific elements that are needed for a successful advisory relationship with us. Staying The Course Most of our clients […]
Are You Making Common Investing Mistakes?Learn about the common mistakes investors are making and how you can avoid falling into the same traps!
Money Is Money One of the most challenging financial periods in life is the transition from working life to retirement, (what we call the “Wind Up” phase). Many clients believe that because they are moving towards retirement, their investments should be dramatically re-oriented so that current income is the primary objective. This usually is […]
Where Is Your Focus? Everything we do involves some element of risk. For the main, we don’t give too much consideration to most of these risks because we are so accustomed to good outcomes. Some risks are external; that is they occur as a result of something beyond our direct control. Still other risks are […]
Don’t Shortcut Your Financial Decisions All of us make dozens of choices every day. Many of these decisions are made using “shortcuts” or heuristics that enable us to rapidly run through the decision-making matrix without much conscious thought. In our information overloaded world today, an example of a “shortcut” might be using a website such […]
How To Go Where You Want Without The Detours There are many different paths that you can take towards financial well being and several things that should be avoided along the way. I’ve put together a list to help. Avoid annuities because they are an expensive, overly structured, and complicated “solution” to the wrong problem […]
All of us have had the experience of traveling somewhere that is new and different. We have some expectations and beliefs about the place and we pack our suitcase accordingly…
It’s easy to talk about the positive, sometimes life changing value that financial planning can provide. That said, however, there are a few things that financial planning can’t do. 1. Financial Planning can’t make you a saver. Many of the prospective clients we see are way behind in saving for their financial future. The planning […]
Attempting to make economic calculations to “maximize” returns can cause much more harm than good. Replace the term maximum in your vocabulary with “enough”. That is, what is “enough” risk and “enough” return to fund your personal long-term goals.
One of our most valuable roles is uncovering latent problems, those issues that are lurking in hidden corners and may be difficult to see.
Financial planning can provide both a framework for making decisions as well as a guardrail against serious financial mistakes. To win the financial life game, you need to know what helps and also, what hurts…