Financial Advisor / Wealth Management

Women are Better Investors Luckily, women are statistically better investors, which can help to overcome some of the challenges discussed above. Women tend to be less inclined to jump in and out of the market based on “hot tips” or media headlines. As investors, they are typically better at sticking to their devised financial plans and staying the course through market fluctuations. As a result, a study performed by Fidelity in 2016 of more than 8 million clients found that women generated investment returns that were higher by 40 basis points, or about 0.4%.  Does this surprise you? It surprises…
On the surface, it may look like women face many of the same financial life planning concerns as men, such as managing debt and assets and saving enough for retirement while living a meaningful life that aligns with their core values. But financial life planning for women is very different. Not only do they face unique financial challenges, but their behavior and values are different, as well.  At the heart of it, financial life planning is about aligning your spending habits with what is most important to you. It’s about utilizing your assets to live an authentic life that you…
The destructive sweep of the COVID-19 virus which is disrupting our lifestyle and daily lives is significantly impacting those in the throes of a long term care event. They are especially vulnerable. But that is just the short term.  If you fortunately still have your heath and can only contemplate having a major health change down the road, will you be impacted? The answer is YES!…
Something I’ve been thinking about lately is whether we should be worrying about inflation. It’s a new topic, since inflation has been more bogeyman than anything during my career. Inflation fears have caused investment mistakes and bad economic policies. However, the Fed is targeting higher inflation, and there are other inflationary forces brewing, so we should take a closer look at the reasons for worrying about inflation, whether we should be worried, and if so, how to protect your portfolio from inflation risk. Reasons for Worrying About Inflation Inflation is the increase in goods and services prices. When things get…
Every now and then something connected to my day job becomes interesting to other people. The GameStop short squeeze is one of those things. David Hill wrote a great piece for The Ringer about it, using the story of a beach bum who made millions off the stock to explain it as only the best non-fiction writers can. I was thrilled to be quoted in the piece explaining the difference between illegal naked short selling and what happened here. The Ringer is one of my favorite websites and podcast sources. Check it out – The Beach Bum Who Beat Wall
Our investment team just published its 2021 investment outlook (available here). It’s a great overview of current market conditions and reasonable expectations for this year. Heritage has a four person investment committee that works in consultation with a large independent investment consultant (DiMeo Schneider & Associates, LLC) to prepare annual capital market assumptions, asset allocation recommendations, select investments, and monitor the market and portfolios throughout the year for any necessary adjustments. 2020 was a year for the record books. Positioning your portfolio well for the long-term requires you to be thoughtful about what changed and what did…
ICYMI: Your Safe Retirement Withdrawal Rate – looking at how much you need to retire and whether the 4% rule is still viable. Minimizing Taxes Under Biden’s Proposed Tax Plan: Webinar Replay – reviewing the proposed changes, how likely they are to pass, and how to save on taxes going forward. _____________________________ Our team’s latest on maximizing retirement savings. Are You Leaving These Dollars on the Table? by Heritage Financial _____________________________ SPACs have been in the news lately. Here’s what they are. What is a SPAC? Explaining one of Wall Street’s hottest trends by Tom Huddleston, Jr. _____________________________ Speaking of…
Now that we know that the Democrats control the White House, House, and tiniest of majorities in the Senate, it’s time to take a look at President Biden’s proposed tax plan and review ways you can minimize taxes under it. My recent Heritage Financial webinar covered this. Listen in for a tax savings framework that can help you regardless of whether Biden’s plan passes. Stick around to the end for some great questions on adjusting the SALT cap, variable annuities, and estate tax. Stay tuned for future webinars and check out the further reading suggestions below. _______________________________________________________________________________________________________________________ Further Reading to…