Category

security

Death and Taxes are Certain, but Maybe not Probate

Traditionally, when you die, your heirs have to go through a legal process of distributing your assets called probate. You are said to have died intestate if you die without a will. When this happens, a judge has to approve everything, and all of...

Thoughts on Annuities

In this video, Austin and I talk about Equity Indexed Annuities. We’ve been analyzing quite a few of these lately and there are two major takeaways: They are complicated. They provide a guaranteed income...

The Value of an Advisor

We would argue that the most important job of a Financial Advisor is to talk people out of decisions that could have potential long term consequences. A very real test of this came during the first quarter of...

Tips for Giving Advice to Young Adults

It’s graduation season again. Due to the COVID-19 crisis this one is a little different, but regardless many of our kids are moving to new horizons. We all have a strong desire to impart wisdom and advice to these graduates. Through...

Finding Your Perfect Investment Portfolio

For almost everyone in investing, there are two main risks: 1. The Risk of Losing Money  2. The Risk of Losing the Opportunity to Make Money  Of these two risks, we can choose to eliminate one or the...

COVID-19: Choosing Our New Normal

This crisis has affected different families in different ways and in varying degrees. I can’t emphasize enough that we are living through a significant event. Sometimes it may not feel like it but we are. Much of the normalcy of our...

Property Tax Season

COVID-19 cut hockey season short and we’ll see if my horns make it on the gridiron this fall for football season. In the meantime, it’s property tax season. If you live in Texas, you should have received your 2020 Value Notice by...

So has some of this happened before?

In the last four weeks something near the number of 26 million Americans have filed for unemployment. That is a crazy high number that has led to some eye popping GDP expectations for the quarter. Some reports expecting something...

We're Never Ready but That's Okay

Were you completely prepared for this? Was your family, your business, or your investment portfolio? I know I wasn’t completely prepared. How could I have been? The current crisis is a reminder to us all that much in life is beyond our control. ...

My take on the CARES Act

Over the past month, many different areas of the US economy have come to an almost full stop. This as a result of the COVID-19 outbreak, and subsequent reaction of government officials ordering people to stay home. To keep people and businesses...

CARES Act Resource Guide in Plain English

*4/23/20 Update: EIDL and PPP EIDL and PPP checks are flowing. Remember, the EIDL check you receive is a tax-free grant. Make sure you annotate clearly on your books as something like EIDL – Other Income so your accountant can exclude it from...

In Case You Forgot

It’s been over a decade now, and time softens even my most dramatic memories. I was in Chicago for the launch of an intensive year-long coaching program for advisors. My career up to that point had been successful but not focused. This program...

Leveraging Our Personal Relationship For Your Security

Recently there has been more news and reports of phishing and spoofing of emails with trusted third parties like advisers. If fact, we have even seen some of these first hand.  Because there are malicious individuals out there always after money...

Equifax Breach Important Information

Unfortunately, the recent Equifax data breach affected almost any American who has ever used credit; so that probably includes you and me. After a little bit of research and thought this weekend, here are some of my suggestions: 1. Don’t Panic....

Equifax Breach Important Information

Unfortunately, the recent Equifax data breach affected almost any American who has ever used credit; so that probably includes you and me. After a little bit of research and thought this weekend, here are some of my suggestions: 1. Don’t Panic....

Security Measures - Your Investment Adviser and You

Like all Registered Investment Adviser Firms, we maintain cyber security policies and procedures to protect sensitive client data from theft and fraud. Many of the measures we take can be extended to you and your computers for the greatest level...

Security Measures - Your Investment Adviser and You

Like all Registered Investment Adviser Firms, we maintain cyber security policies and procedures to protect sensitive client data from theft and fraud. Many of the measures we take can be extended to you and your computers for the greatest level...