QUESTION: I am worried about the world my grandkids will live in and want to invest in companies that are really trying to make a difference. How can I do that? ANSWER: After almost a decade of economic and market improvement, many investors are looking for ways to use their wealth to improve the world…
The economy has decelerated during 2019; growth should soon hit bottom and turn the corner, gaining speed in the first half of 2020.
QUESTION: My adult children aren’t as well off as I am, and I want to help them out financially. How much should I help them, and how can I best give to them? ANSWER: Children’s ages and income potential all play factors, so parents should carefully consider how such help will affect their kids emotionally…
Many people are discovering charitable giving is a great way to strengthen family bonds while teaching children and grandchildren about their family’s values and traditions. A number of our AMG clients have made philanthropy a family affair and are cultivating the next generation of donors and building their social awareness at the same time. Here…
QUESTION: Should I have long-term-care insurance or just plan on paying for it myself? ANSWER: Long-term care is one of the most difficult topics in wealth management. Talking about death is uncomfortable for most people, and positively scary for others. It’s also a daunting task, full of difficult choices. Costs vary greatly depending on the…
Are U.S. – Russia relations better or worse than at the height of the Cold War? According to former Ambassador Michael McFaul current relations are bad but nowhere near as ominous as they were in the 1950s and ‘60s.
AMG is pleased to announce that Mavis McKenley, Vice President and Trust Officer, in our Virginia Beach office was recently selected to join the Board of Trustees at Virginia Wesleyan University, her alma mater. Previously, Mavis served two terms on the university’s alumni council and currently serves as the council’s immediate past chair. Virginia Wesleyan…
On a warm, sunny Friday last week, AMG employees from our Denver and Boulder offices spent the morning at Cherry Creek State Park hosting more than 200 students with special needs from local public schools at the 17th Annual Learning for Life Fishing Derby. Learning for Life is a character education program designed to prepare today’s…
This summer the Federal Reserve Board cut interest rates, and the yield curve inverted, leading many to fear that the next recession is imminent.
QUESTION: I’m getting up there in years, and I’m worried that I might make a bad financial decision in the future and squander my children’s inheritance, or impair my ability to take care of my own needs. Should I establish an elder trust that safeguards my assets while giving me a fixed monthly allowance? ANSWER:…
