Independence Matters in Executive Financial Counseling
Choosing an executive financial counselor with an independent approach can help you achieve success.
Choosing an executive financial counselor with an independent approach can help you achieve success.
A short guide about what to do, what not to do, and what to expect as the virus and bear market run their course.
Is the current market volatility making you question whether you should weather the storm?
The IRS extends tax filing and payment deadlines from April 15 until July 15.
1. BRACE FOR MARKET VOLATILITY Stock fluctuations could make 2020 a rollercoaster year. AMG believes economic growth next year will be slightly above trend, but the first six months might be choppy, making markets vulnerable to sharp corrections. Also, America will hold a presidential election in November, and pundits and politicians will most certainly try…
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…
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…
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…
QUESTION: I want to set up an irrevocable trust to take care of my needs as I age, and I need to pick a trustee. What should I consider? ANSWER: A trustee has many responsibilities, one of which is making distributions from the trust to you, the beneficiary. Many people want their children or a…
QUESTION: I have a big retirement fund, so why don’t I feel secure now that I’m in retirement? ANSWER: Retirement can be difficult for productive people who have been saving and investing most of their lives. Taking money out of savings, instead of putting it in, feels irresponsible. It can take several years to get…