What’s going on with stock markets and how does this affect your retirement decisions? If you are about to retire or have recently retired, then stock market declines and high inflation are probably causing you to lose sleep. Entering retirement represents a major shift from actively earning income to depending…

A budget can be used to help you feel more in control of your finances, make it easier to track your spending and help you save for your financial goals. The following steps will help you create a financial budget. Step 1: Identify your income and expenses Your first step in creating a financial budget is to…

Your family’s financial security is of the utmost importance but taking the time to establish a long-term family financial plan tends to fall to the bottom of the to-do list for most families. This is especially true when everything seems to be going well in the present moment. But just…

Your money mindset is the prevailing attitude that you have towards your finances. It governs how you make key financial decisions every day and has a big impact on your ability to achieve your financial goals. …

Inflation is a measurement of how fast the prices of goods and services rise. It is most often presented as the consumer price index or CPI. …

The holiday season is just around the corner and is a great time to cozy up and read a book. While finance books may not be your first choice for a holiday read, they may inspire you to make positive financial changes in the upcoming new year — or they…

Buying a vacation home feels glamorous and may even seem like a good long-term investment. However, purchasing a vacation home can be quite a process with many considerations to keep in mind. Here are just three of the many things you should consider before you make a purchase. 1. Consider All Your Costs Understand the…

Philanthropy comes from the Greek word philanthropia, meaning “love or kindness to mankind.” Many High-Net-Worth (HNW) families have a genuine desire to help humanity and promote the welfare of others. …

The most common asset classes held in a portfolio are equities (e.g. common stocks), fixed income (e.g. bonds) and to a lesser extent, alternative investments (specialty funds, mortgages etc.). A high-net-worth individual, foundation, corporation, institution or trust may employ the services of several managers, each of whom specializes in one…