We must understand our clients’ purposes and how they fit together in their lives. We need to take the initiative when rebalancing is in order.

As financial advisors and wealth managers, we want our ultra-high net worth clients to emulate the Rockefellers, not the Vanderbilts.

In failing to hold all those who provide financial advice to a comprehensive fiduciary standard, the SEC enacted Reg BI to enforce a “best interest” standard. Do your clients understand what that means and its implications?

As we talk with and counsel our clients, they need to have the right emotional attitude about money and investing. And most of those attitudes center on concepts that are central to both investing and life in general.

Employers are now forced to compete with companies all over the country to retain their most prized employees. But that’s not the only problem.

Many of my clients or their kids will face repaying student loans. And given the inflationary environment and related rising interest rates, some of them will need to make careful choices about prioritizing their payback plans.

In my work with clients, one of the most important services I provide, in addition to coaching on finance, estate planning, and investing, is facilitating cross-generational conversations about what it means to have wealth, and especially about what it means to use wealth wisely.

In my work with female clients in transition, some of the most difficult conversations are with those whose lives have been upended by the death of their spouses.

The majority of the wealth in the U.S. is controlled by baby boomers. However, two rising trends in this dominant demographic are creating complications, not only for boomers and their advisors, but also for the children of boomers who constitute an increasingly vital current and future client group.

Here are several ways you can make yourself a household name in your area, and they don’t involve throwing thousands of dollars at an advertising budget.

As we know, change is on the horizon, in one way or another. The current exclusion limits are scheduled to expire in 2025, according to the terms of the TCJA, unless renewed by Congress.

Those who have been methodically and faithfully contributing as much as they can to traditional IRAs, 401Ks, and other tax-favored plans, can find themselves in a higher tax bracket in retirement once their RMDs kick in.

While qualified opportunity funds can offer very real benefits to suitable clients, be aware of some important caveats before advising your clients to add them to their holdings.

Here are five financial and business realities that have figured in a majority of the counsel I’ve offered my female entrepreneur clients as they launch and refine their businesses.

A significant portion of my clients are in or are approaching retirement, but with a depleted nest egg. Many supplement their cash flow by starting a business, so here are some tips to guide them.

How does caring for a 70-, 80-, or 90-year old parent affect the retirement plans of a 40-, 50-, or 60-something woman (especially a woman navigating a major transition)?

Divorce is devastating – emotionally, mentally and physically. But, most importantly, according to a recent study, a huge percentage of women suffered unanticipated financial consequences that could have been mitigated or eliminated with better planning.

Friends of mine who are enduring the crucible of the loss of their spouses tell me that one of the hardest things, along with the grieving process, is the uncertainty surrounding finances.

Divorces in a couples’ later years can be financially devastating, especially for women where the husband has earned most of the money and made most of the financial decisions. Let’s look at some of the most valuable ways advisors can help.