Category: Newsworthy Topics

For investors, the difference between investing and intelligent investing might not be how much you earn on each investment but how much you keep, after taxes. By implementing tax-efficient strategies into your overall financial planning you can learn to manage, defer, and/or reduce your income tax burden and hold on to a larger portion of your wealth.

Owners of closely held businesses face additional challenges when it comes to tax planning and year-end pressures.  Most tax planning needs occur before the close of the calendar year, but there are a few options available between January 1 and March 15.

Planning Perspectives — Your guide to navigating the complexities of wealth management with ease.

For many of us, there is period between mid-February and April 15 known as tax season.

The turn of the calendar represents an opportunity to thoughtfully review your investment portfolio as we look ahead to a busy year. A systematic approach should be leveraged to evaluate your long-term financial plan while harmonizing with a nearer term economic outlook.

In this edition, we highlight our 2024 Economic and Market Outlook, share five steps for a smooth transition of financial responsibilities, review changes to 2024 Taxes that may help 2023 tax planning, and what the New Social Security Cost of Living Rate and the Medicare Part B Premiums Increase Mean to You, and more. 

The transition from 2023 to 2024 marks a significant shift in the global economic narrative. Last year’s unexpected steadiness and growth have set a dynamic stage for 2024, offering a range of strategic opportunities for investors of all types.

Retirement—the end of perhaps a thirty-to-forty-year career. You have worked, saved aggressively, paid off your mortgage, met with your financial advisor and now it’s time to pack it in. Whether it’s moving south to Florida or heading west to Arizona, year-round warm weather may be what you have in mind for retirement. However, what happens when things don’t go according to plan? Here are factors you may not have considered when planning for retirement.

Today, the term ESG (Environmental, Social, and Governance) has become a catch-all for different types of investing, and it has become a lightning rod for criticism. Proponents say it is a way to drive environmental and social initiatives forward. Detractors argue that ESG investing is a breach of fiduciary duty to pursue the highest returns possible. What is needed for this discussion more than ever is a baseline for demystifying ESG.