News & Insights

In recent years, the frequency and scale of data breaches have skyrocketed, exposing hundreds of millions of individuals to the risk of financial fraud.

Historically speaking, election years tend to be positive in terms of stock market performance. And this election year is holding true to historical patterns, so far. But this may be entirely coincidental and not reflective of any real or direct impact that elections have on stock prices.

When the topic of concentration risk comes up in portfolio management, normally folks think about the possibility of holding a large individual stock position in their account.

We are seeing more and more clients with children or grandchildren who have special needs. Adapting to life with special needs or a disability is never easy, but there are steps that can be taken for those individuals to achieve greater financial security and independence.

When planning for retirement, we often focus on the accumulation phase: saving diligently and investing wisely. We spend 40 or more years of our lives focused on building the proverbial “nest egg,” but after retirement, things change and so should our financial focus.

How much do you like the rewards you get from your credit cards? Are they worth any additional costs to your purchases? These are questions to consider as the Credit Card Competition Act is reintroduced to Congress, after failing to pass in 2022.

The definition of retirement in the Merriam-Webster dictionary is as follows, “withdrawal from one’s position or occupation or from active working life.” I find this definition rather vague. If I was to define retirement, I would describe it as having the option to not work full-time if one chooses.

In what can only be described as my personal mid-life crisis, we are in the middle of a whole home renovation that has us displaced for up to six months and wondering what we were thinking. Nevertheless, the house has been through the demo phase and is starting in on the rebuild phase as I write this.

I always find it instructive when we ask clients a few questions to assess risk tolerance, something that is not an easy task given the emotions attached to investment dollars.

Recently, we worked with a client with an aging mother living in the United States but who has health benefits in a different country. One of the client’s concerns was having to cover a potential health bill for his mother because the family would prefer she seek care in the United States rather than go back to her country to use her government issued health care.