Business Considerations for Your Start-Up
December 22, 2020
Getting a business off the ground can be stressful, and the need to decide which entity structure to use amid all the chaos can be overwhelming. There are many different factors to consider, such as ease of administration, liability protection, legal requirements and income tax implications. In this blog, we’ll take a high-level look at […]
Don’t Rock Climb Without a Rope
October 27, 2020
You wouldn’t go rock climbing without a rope – would you? Sure, it may not be quite as exhilarating, but if there is a tool to help you from falling to your death, it would make sense to invest in it. The rope helps to manage risk just like various types of insurance in your […]
5 Steps to Fraud Prevention in an Increasingly Virtual World
September 8, 2020
Over the last 6 months, working from home, online shopping, and the necessity of virtual communication has expanded rapidly in the COVID environment. With that expansion has come an increased opportunity for cybercriminals to take advantage of a virtual world. The FBI cyber division has received between 3,000 and 4,000 cybersecurity complaints each day – […]
FDIC Insurance – Have You Maximized Your Coverage?
April 28, 2020
During the Great Depression, the Federal Deposit Insurance Corporation, or FDIC, was created to instill confidence in the banking system. On January 1, 1934, the first deposits were insured with a limit of $2,500. FDIC insurance is backed by the full faith and credit of the US government. How well do you know FDIC coverage? […]
New Year – Same Identity
January 7, 2020
Entering a new year can feel like a fresh start, a clean slate, with a fresh set of ambitious resolutions to make us better versions of ourselves. I want to challenge you to add one more resolution at the beginning of this year, take some time to make sure that your financial identity is properly […]
Long Term Care: Traditional or Hybrid Policies?
June 4, 2019
Long Term Care Environment Shifting Towards Hybrid Plans When reviewing our client’s insurance coverages, a question we’re often asked is whether to purchase long-term care coverage. To answer that question there are a lot of factors to consider from your family health history to your experience dealing with a loved one going through that difficult […]
InvestmentNews awards BDF 2019 Best Places to Work for Financial Advisers
April 10, 2019
Balasa Dinverno Foltz LLC has been recognized as a 2019 Best Places to Work for Financial Advisers as announced by InvestmentNews April 1, 2019. BDF was chosen as one of this year’s top-75 based on employer and employee surveys delving into everything from company culture, benefits, career paths and more. InvestmentNews partnered with Best Companies Group, an independent research […]
Tips for Buying Travel Insurance
April 9, 2019
With Spring Break on the horizon, many families are hustling to pack their bags, load up the family mini-van, and get out of Dodge for the week. And if they’re really in a hurry to escape the never-ending Midwest winter, hopping on the first flights out to the beach. With all of the planning that […]
Optimizing ‘Your Family’ Capital’s Balance Sheet
January 29, 2019
A critical input to understanding an operating company’s current health and growth potential is the balance sheet. The balance sheet is a great tool that can provide insight into the foundation of a firm. Financial professionals, including investment bankers and private equity professionals, spend countless hours advising companies on how to achieve their next goal […]
Protecting Your Children from Identity Theft
January 8, 2019
Protecting your personal identity has been increasingly important in recent years, as concerns of hackers, data breaches and email scams all potentially expose your most sensitive information to online users. However, what most families do not realize is that Mom and Dad’s account numbers and social security numbers aren’t the only ones at risk anymore. […]
“The Process” for Lawyers – Part II
November 20, 2018
It’s college football season, which is my favorite time of the year. When football season rolls around I tend to make everything into a football-based metaphor – even retirement planning. In my last blog post I wrote about “the process” for lawyers to help build a strong financial future which centered on a couple of […]
Business Buy-Sell Agreements: 3 Areas Need Attention
July 17, 2018
Buy-sell agreements govern the purchase and sale of business ownership interests when death, disability or other significant events happen. However, such agreements generally lack in three critical areas. Three areas that cause most concern are valuation, deadlock and retirement. Most often, owners put together buy-sell agreements that address the easy triggering events, death and disability, […]