The financial planning and investment landscape changes at a dizzying speed – and often with conflicting messages. Read our team of experts’ advice on saving, spending, investing, retirement, taxes, giving and more to help you enjoy a full life.
The financial planning and investment landscape changes at a dizzying speed – and often with conflicting messages. Read our team of experts’ advice on saving, spending, investing, retirement, taxes, giving and more to help you enjoy a full life.
April 23, 2019
“Hi my name is Chris, John suggested I call you regarding my book of business. I am wondering if you can help me understand what the value of my agency is and what buyers are paying the large multiples I keep hearing about.” Chris is not alone as this is a frequent question from both […]
April 16, 2019
Receiving most of your compensation in a few large paychecks is exciting to finally see in your bank account. But it causes a lot of headache when juggling cash flow for the year ahead. Financial professionals (private equity professionals, investment bankers, and asset managers) struggle with this problem given the industry’s compensation models. Investment bankers, […]
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 […]
March 26, 2019
One of the more satisfying things about being a lawyer is the opportunity to build deep, important relationships with your clients. Given those relationships, lawyers are often afforded the opportunity to co-invest alongside firm clients in private investment funds or directly in a private company. For example, you have probably been approached with the opportunity […]
March 19, 2019
During the Great Depression, 9,000 banks failed and that gave rise to the Federal Deposit Insurance Corporation, or FDIC, which served 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 […]
March 12, 2019
When a loved one dies, it’s always too soon. The grieving process is difficult, and when you factor in that loved ones now need to sort through finances, it can be very stressful. This is the time when many are vulnerable to cybersecurity attacks. You would think that after someone dies, their identity cannot be […]
March 5, 2019
With tax time finally here, you’re probably starting to load everything into your tax preparation software or send documents to your CPA. Below are a few items that may be tougher to keep track of during the year but are certainly important pieces of information to pass along to your tax preparer. 529 Contributions/Distributions – […]
February 26, 2019
I took my daughter ice skating recently. Ever since she caught the skiing bug, she has been determined to try ice skating. Having played hockey nearly my entire childhood and through college, I was thrilled she wanted to try something I thought I knew a lot about. However, I quickly learned that knowing a lot […]
February 19, 2019
As we get settled into 2019, we’re faced with fresh changes to the tax code, brought about by the Tax Cuts and Jobs Act (TCJA) of 2017. One of the biggest changes that became effective as of January 1 is how alimony is treated in divorces finalized in 2019 and beyond. Before January 1, 2019, […]
February 12, 2019
I recently sat down with “John” a thirty-year-old insurance professional who just received a large year-end bonus. This is the fourth year in a row he received a six-figure bonus from his agency. John was feeling good about his income and his potential to become wealthy but is very concerned and frustrated as to how […]
February 5, 2019
Most New Year’s resolutions are busted by now. There are a million reasons why the ambition of late December drains so hastily with the turn of the calendar. Maybe people really don’t have time to spend an hour at the gym every day and lay out calculated meals seven days in advance. Perhaps a child […]
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 […]