Preparing Grads For A Future In Investing
By Karen McClintock, CFA June 30, 2023 – About four million people will graduate from college this year* and begin establishing careers. For graduates, their relationship with money can change significantly once they have a job and pay their own bills. For families, a new set of worries emerge. Can the kids make it on their […]
Planning for Retirement AFTER You Have a Plan
By Karen McClintock, CFA May 7, 2023 – We all know the peace of mind a solid financial plan provides. And we’ve all heard about the need to carry friendships and hobbies into retirement while keeping active. People should start focusing on relationships and developing a sense of purpose that transcends work in midlife since […]
Managing Your Online Presence Before You Pass Away
By Karen McClintock, CFA February 22, 2023 – Just as you set up a living trust, it’s a good idea to set up your online accounts so that someone else can access them after you’ve passed away. It’s no fun to think about a day when we’re no longer here, but facing reality can save […]
The New Age of Grandparenting
By Karen McClintock, CFA October 31, 2022 The role of grandparents has long been to comfort, support, and even spoil their grandchildren. But in a time of rising costs, particularly for education and housing, many grandparents are finding new ways to help-whether through direct financial aid, estate planning, or simply by passing on their hard-earned […]
Rising interest rates cause pain for estate planning moves used by the ultrarich
September 27, 2022 – Managing Director and Head of Wealth Planning, Mallon FitzPatrick, CFP® was featured in Financial Planning to discuss “Rising interest rates cause pain for estate planning moves used by the ultrarich.” Higher interest rates have kickstarted a clutch of increased costs on everything from mortgages and credit card balances to car loans […]
Private Equity, the Hot Asset Class for Allocators, Faces Headwinds
September 22, 2022 – Chief Investment Officer, Stuart Katz, was featured in Chief Investment Officer Magazine to discuss ‘Private Equity, the Hot Asset Class for Allocators, Faces Headwinds.’ “It seems prudent on the 2022 vintage year,” Katz said, “But historically, that doesn’t make much sense. The heart can interfere with the head.” Read the full […]
4 Reasons On Why To Stay Invested
By Karen McClintock, CFA August 8, 2022 #1 – Keeping Things in Perspective 2022 has been a uniquely volatile year – stocks and bonds are both down for only the second time in current history. I want to share some historical content about the markets to help you navigate this volatility and keep things in […]
What is Your Retirement Income Style?
May 31, 2022 – By Frank Corrado, CPA, CFP®, RLP As average life expectancy has increased over time, so too has the importance for retirees to ensure that they have sufficient income or cash flow to cover their needs throughout what could be a 30-year (or longer) retirement. Most advisors will have a “favorite” preference […]
Pay Yourself First
May 31, 2022 – By Frank Corrado, CPA, CFP®, RLP. Many parents are intent on saving for their children’s education. The recent market downturn has reduced retirement saving balances and has resurrected an often asked question, “Should I be saving for my children’s education instead of retirement?” Here’s a message that all parents need to […]
The Trust Equation
May 25, 2022 – By Frank Corrado, CPA, CFP®, RLP. Trust is essential in a client’s relationship with their financial advisor. Being trustworthy is routinely mentioned as the most critical factor in the relationship. Yet, those working in the financial services industry are among the least trusted professionals in any profession. Why is that? The […]
What the Fed’s Interest-Rate Increase Means for You.
May 25, 2022 – By Frank Corrado, CPA, CFP®, RLP. The Federal Reserve has recently raised its short-term benchmark interest rate by a half-percentage point (between 0.75% and 1), the sharpest increase since 2000. Even though widely expected, the move will ripple through the economy and Americans’ financial lives. Intended to combat the highest inflation in four decades, […]
Five Common Behavioral Biases That Lead to Bad Decisions!
By Frank Corrado, CPA, CFP®, RLP. Investing one’s hard-earned money can be very stressful, especially in our current environment of volatility and constant media attention. To make matters worse, Behavioral Finance is a field of study that focuses on psychological factors that influence our financial decisions. Behavioral biases are unconscious beliefs that can sway our judgments […]