Below you'll find a list of all posts that have been categorized as “Wealth Management”
In my experience, some financial practices are more transaction-oriented, which means that after a short onboarding process, the advisor gives the client their best ideas about what products they should purchase. Other financial practices are planning-oriented. After a lengthy onboarding process that may include providing the advisor with a mortgage statement, tax return, account statements and insurance policy information, clients …
Have you this year received an invitation in the mail for a fancy steak dinner with a “fiduciary financial advisor?” If yes you may want to review the fine print on that invitation! This episode of Nestology TV Mike discusses why the term fiduciary no longer carries the weight it used to and provides an example where your advisor may …
Loan requests often come with financial success. While so many focus on the external dangers to their retirement savings. Many fail to prepare for various friends & family who will undoubtedly have a small financial request or the next great business idea. All they need is a little cash from you.
It’s easy to understand why saving for retirement isn’t a priority in your 20’s. But youth is a huge advantage when it comes to building wealth for retirement because you have the most reliable and effective tool in wealth building…….TIME! This weeks episode Kevin Foster, CFP® discusses a few tips about saving for retirement while under the age of 30.
2 things keep the IRS’ hands out of most people’s financial pockets: the annual gift tax exclusion and the lifetime exclusion. This weeks episode of Nestology TV Kevin discusses how to utilize the gift tax and the benefits of gifting alive and after you have passed. Changes in tax laws or regulations may occur at any time and could substantially …
It’s my goal to not only educate my clients but also their children. Today I am going to discuss a few tips on how to discuss with your adult children about their inheritance.
Have you ever thought about what the intent is of your current investments? Don’t worry most haven’t, no one knows what the value of the investment will be when they’re planning on achieving a retirement goal. Let’s discuss the opportunity costs of holding an investment versus achieving financial goals!
Stop me if this has happened to you. You’re talking with your financial advisor and you have questions about how your investments will affect your tax planning for the year. The response is, speak with your CPA….right? This is why a comprehensive manager matters!
Even though we are financial advisors estate planning plays a major role in our advisement process. Wealthnest’s own Certified Financial Planner, Kevin Foster reviews several missteps he has seen in his experience when it comes to intertwining your financial and estate plans.
Where is the market when you retire, an often overlooked question when deciding the right time to retire. Wealthnest Planners Certified Financial Planner Michael McGinley reviews each market scenario and its positives and negatives on your retirement plan.
