“The Process” for Lawyers
September 18, 2018
Fall is here which, for me, means one very important thing… college football season! For my money there’s nothing better than sitting on my couch on a crisp Saturday afternoon and watching my favorite sport. Over the past decade, success in college football can be summed up in a single word: Alabama. Head Coach […]
BDF named to 2018 Financial Times 300 Top RIA
September 12, 2018
Balasa Dinverno Foltz is pleased to announce it has been named to the 2018 edition of the Financial Times 300 Top Registered Investment Advisers. The list recognizes top independent RIA firms from across the U.S. This is the fifth annual FT 300 list, produced independently by the Financial Times in collaboration with Ignites Research, a subsidiary […]
Put Your Money to Work
July 24, 2018
This is the fourth installment in a series of blog posts on “The Big Five of Retirement Planning” which are the five factors that will most profoundly impact how successful your retirement plan will be. Today, we will focus on factor #4 – How hard your money works for you. Saving for retirement is not […]
What’s your burn rate?
March 20, 2018
Recently I wrote a blog about “The Big Five of Retirement Planning” which are the five factors that most impact how successful your retirement will be… at least financially. These are: How long you work How much you spend How much you save How hard your money works for you How long you live Other […]
4 Critical Issues Facing Law Firms Today
January 23, 2018
Over the past couple of years our firm has conducted over 200 interviews to better understand the challenges facing lawyers and law firms in today’s environment. The most commonly-cited challenges I hear from law firm leaders and individual lawyers are (in no particular order): Rainmaking Attracting and retaining talent Succession planning, and Retirement planning and […]
The Big Five
November 21, 2017
Have you ever been on an African safari? Sadly, I never have. Hopefully, someday… maybe once my kids are a bit older and the thought of a trans-continental flight isn’t quite so painful. For those who have been on a safari, you’re no doubt familiar with the concept of “The Big Five.” The Big Five […]
Catching the Rain
September 19, 2017
Every lawyer knows the importance of rainmaking. It’s a ubiquitous discussion topic in law firm land. Virtually every legal industry conference features sessions on rainmaking best practices and consultants crisscross America training the future rainmakers of Big Law. Rainmaking matters. It greatly impacts your compensation and capacity to create wealth. While rainmaking largely drives how […]
Retirement Savings for Lawyers… A New Meaning to Diversification
January 24, 2017
Lawyers are generally good at saving for retirement. Case in point: The Economic Policy Institute (EPI) estimates that the mean average retirement savings in the US is $95,776. According to a source from ABA Retirement, the average law firm 401(k) account balance is more than double that. Many seasoned law firm partners have even built […]