iOS app Android app

Wealth Management

A Man Is Not a Financial Plan

Emma Isaacs | Posted 08.06.2015 | Business
Emma Isaacs

Ever since I was really young I've wanted to be financially independent. I don't know where that came from, but for as long as I can remember I've wanted to be successful on my own, not rely on anyone else, and never have to worry about money.

Wealth - A Decent Ambition

St. Gallen Symposium | Posted 07.22.2015 | Impact
St. Gallen Symposium

We cannot take today's wealth for granted. Where there is no growth, there will be no wealth. This might sound obvious, but it is a truth we need to be reminded of, not only when it comes to distributing wealth but also when it comes to appreciating the roots of wealth.

Managing Financial Turmoil in the Face of Alzheimer's Disease

Jan Dougherty | Posted 07.13.2015 | Fifty
Jan Dougherty

Financial turmoil and Alzheimer's disease are inextricably connected. The mishandling of finances can be one of the first signs of cognitive impairment, and can have a monumental impact on people with Alzheimer's that must be addressed early on.

Making Time For What Matters: Your Future Wealth

Frank Trotter | Posted 06.15.2015 | Money
Frank Trotter

Ultimately short on time and limited in outside investment knowledge and resources, High Net Workers and other busy Americans may be overlooking both investment and personal wealth management opportunities that would allow their portfolios to attain the same kind of success they've experienced in their careers.

Reputation Management + Wealth Management Correlate in Digital

Alan W. Silberberg | Posted 06.11.2015 | Business
Alan W. Silberberg

Wealth. We all want it, work for it and strive for it throughout lives and careers. Reputation. We all have one. It us up to us to define it,...

Are Your Gay Friends Making You Poor?

David Rae | Posted 05.18.2015 | Gay Voices
David Rae

Tip of the week: Know what you can afford and don't be afraid to say no. You can always say yes later when your financial planning pays off with some big dividends.

Why Giving Your Heirs A Test Run With Your Money Makes Sense

Steven Abernathy and Brian Luster | Posted 05.15.2015 | Fifty
Steven Abernathy and Brian Luster

Actively making decisions on even a small amount of money can be a valuable experience. How heirs make decisions and problem-solve as a group is at the heart of this exercise.

The Seductive Lure of Meaningless Information

David Geller | Posted 05.30.2015 | Money
David Geller

I'll go out on a limb here and say we've all done it. We look up from our computer, iPad or iPhone, where we've just spent time on something that is really of no importance to us when we could have been engaging in a more meaningful activity. And that's my definition of wasted time.

Does Obama's Endorsement of a Fiduciary Standard Change the Wall Street Status Quo?

Steven Abernathy and Brian Luster | Posted 05.12.2015 | Money
Steven Abernathy and Brian Luster

We advise affluent clients and a lot of what we publish is geared toward high net worth families. But every person seeking out a competent advisor deserves to find one, know what s/he costs and know how s/he is paid.

The 5 Toughest Challenges of Inherited Wealth

Myra Salzer | Posted 02.20.2015 | Money
Myra Salzer

If you are ever in a position to inherit a large sum of money... or if somehow you find out you are a "beneficiary" of a trust... would you know what ...

How Can Investors Find Advisors They Can Trust? A New Road Map To Follow

April Rudin | Posted 04.09.2015 | Business
April Rudin

Is there any issue more contentious than trust in the financial advice and wealth management business? No, probably not. But beyond a little gut instinct and a good referral, how do you really know who you can trust with your hard-earned dollars.

When It Comes To Money, Investors Want The Human Touch

John Diehl | Posted 03.15.2015 | Money
John Diehl

There is no denying that robo-advisors have many benefits: they're convenient, effortless and economical. They operate with little or no human intervention, and they typically cost less than traditional advisory services. However, according to a survey conducted by Hartford Funds, investors aren't ready to rely solely on robo-advisors.

All in the Family

Steven Abernathy and Brian Luster | Posted 02.16.2015 | Money
Steven Abernathy and Brian Luster

In the present-day U.S., as in 19th-century Europe, a family bank can preserve wealth, provide family members with independent access to capital, and more -- it can substantially lessen the taxes that wealthy families pay on occasions of inter-generational wealth transfer.

Impact Investing Offers Opportunity for Wealth Managers!

Robert Rubinstein | Posted 02.12.2015 | Money
Robert Rubinstein

Recently I was having a conversation with a private banker who manages wealth portfolios, and she lamented the difficulty of getting her HNW clients interested in Impact Investing. She was recounting to me the challenges she was having in getting her HNW clients interested in Impact Investing

Smart People: Bad Financial Decisions

Steven Abernathy and Brian Luster | Posted 02.10.2015 | Money
Steven Abernathy and Brian Luster

Why do smart people make poor decisions? More importantly, why do they keep making poor decisions? Perhaps they study stocks, market fluctuations, or market indicators. But only a fractional percentage of investors manage to "beat" the market.

The Irony of Intelligence

Steven Abernathy and Brian Luster | Posted 01.31.2015 | Fifty
Steven Abernathy and Brian Luster

The smartest, most successful, highly effective people understand how to distinguish and separate that which is critically important (and in their control) from that which ultimately won't make a critical difference -- or, is outside of their circle of competence and control. It's an important distinction.

Poor Communication Can Be Costlier Than You Think

Steven Abernathy and Brian Luster | Posted 12.28.2014 | Money
Steven Abernathy and Brian Luster

Why do perpetrators of financial crimes choose to commit them? The short answer is--because they can.

Tash Elwyn Thinks Like A Woman-How Raymond James Private Client Group Is Better For That

April Rudin | Posted 12.24.2014 | Business
April Rudin

If you become the type of man (in financial services) who can say emotional intelligence without laughing, listening to what clients (and people) are telling you, helping them to separate the signal from the noise, you also can be a man who can think like a woman - someone who is the new fresh-faced voice of Wall Street.

Got Wealth? Here's How To Keep It

David A. Dedman | Posted 11.25.2014 | Money
David A. Dedman

Keeping wealth can be just as much of a challenge as growing it in the first place. All of these are solid ideas you can implement today.

3 Simple Steps to Financial Gratitude

David A. Dedman | Posted 11.09.2014 | Money
David A. Dedman

Don't go into further debt or make your situation full of anxiety. If you can save more money, do it. If you can reduce debt, then by all means do it. Anytime you have the money to improve your personal conditions both physically or financially you should do it.

How To Prepare Your Heirs For Their Inheritance

Steven Abernathy and Brian Luster | Posted 11.03.2014 | Fifty
Steven Abernathy and Brian Luster

The foundation of successful multi-generational planning begins with a conversation, often in the form of a family round table, whereby the heads of the family share their vision for the family, both now, and into the future.

Millennials Transform Charitable Giving Into Philanthropic Action

April Rudin | Posted 10.22.2014 | Impact
April Rudin

Not only will these millennial inheritors likely look for a new financial advisor to manage their money, as opposed to sticking with the family advisor, they will also want to ensure their money positively impacts society, and they tend to crave intimate involvement with the causes they support. This could transform charitable giving.

One Nation Under Worry

Marianne Cooper, Ph.D. | Posted 10.04.2014 | Women
Marianne Cooper, Ph.D.

From well-paid business executives to low-paid retail workers, everyone I talked with is weighed down by something similar -- the anxiety generated by hard times. Across the class spectrum, we all feel insecure. We just feel it and deal with it in different ways.

What The Top 30 Personal Finance/Wealth Influencers Know That You Don't

April Rudin | Posted 09.14.2014 | Business
April Rudin

Perhaps the quietest, yet most pernicious, danger we face is the lack of financial knowledge. Every year, this ignorance leaves millions of Americans woefully unprepared to fund their children's education or enter retirement.

Life Insurance: Who Needs It?

David A. Dedman | Posted 09.06.2014 | Money
David A. Dedman

Many people are "sold" life insurance every year. Some need it, some don't. More often than not, it's probably the wrong amount.