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 …
Smart Financial Moves In Your 40’s & 50’s
As you approach your top earning years the ages between 40-60 are absolutely crucial in regards to financial planning as well as retirement planning. Wealthnest Planners Certified Financial Planner, Kevin Foster reviews smart money moves to make in your forties and fifties.
Divorce and Your Finances
Keeping an eye on your financial health during a divorce is essential. This article outlines some important topics to consider how divorce may affect your finances. Divorce can be a complicated and challenging process in which details are easily overlooked. Protecting your financial health during this time is crucial, and no one should enter this process without a trusted attorney …
More Women Drive Financial Decision Making, But Fewer Seek Professional Advice
By default, single women have always taken responsibility for managing household wealth, but the latest in a series of ongoing studies into the attitudes and actions of women around financial topics found that an ever-increasing percentage of married women are taking charge of financial and retirement planning for their families. Prudential’s “Financial Experience & Behaviors Among Women 2014-2015” — which …