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February 2016

Measuring the Value of a Financial Advisor

By |News and Commentary|

What’s the value of a financial advisor? Two studies found that working with a financial professional can result in higher returns and potentially lower personal stress. Lower Stress Seventy-six percent of people within 15 years of retirement are stressed when thinking about retirement savings and investments.¹ Working with a financial advisor to develop a written [...]

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January 2016

The Business Cycle

By |News and Commentary|

What has upswings and downturns, troughs, peaks, and plateaus? Though such terms could easily describe a roller coaster ride, in fact they are commonly used to refer to something known as the business cycle. The business cycle — also known as the economic cycle — refers to fluctuations in economic activity over several months or [...]

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Does Your Portfolio Fit Your Retirement Lifestyle?

By |News and Commentary, Retirement|

Most portfolios are constructed based on an individual's investment objective, risk tolerance and time horizon. Using these inputs and sophisticated portfolio-optimization calculations, most investors can feel confident that they own a well-diversified portfolio, appropriately positioned to pursue their long-term goals.¹ However, as a retiree, how you choose to live in retirement may be an additional [...]

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Succeeding at Business Succession

By |News and Commentary|

Inc. magazine reported that 66% of small-business owners have no formal succession plan.¹ While the number may shock you, it is not surprising that many small business owners are consumed by the myriad responsibilities of running their businesses. Nevertheless, owners ignore succession planning at their peril, and possibly at the peril of their heirs. There [...]

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How Stocks Work

By |News and Commentary|

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December 2015

Will Power

By |News and Commentary|

Tip: Let Them Know. Your will may be a good place to outline your funeral wishes. Although heirs are not legally bound to follow your directions, they may be glad to know your preferences. According to a recent report, only 34% of American's have a will, which may not be entirely surprising.1 No one wants [...]

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Insuring Your Business Against Cyber Liability

By |News and Commentary|

One survey found that 44% of small businesses have been a victim of a cyber-attack. And, unbeknownst to 75% of owners, business checking accounts are not protected when it comes to online hacking, unlike consumer accounts.¹ Business owners are also required to protect their customers’ personal information. In 47 states, and the District of Columbia, [...]

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IRA Withdrawals that Escape the 10% Tax Penalty

By |News and Commentary|

The reason withdrawals from an Individual Retirement Account (IRA) prior to age 59½ are generally subject to a 10% tax penalty is that policymakers wanted to create a disincentive to use these savings for anything other than retirement.¹ Yet, policymakers also recognize that life can present more pressing circumstances that require access to these savings. [...]

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Eight Mistakes That Can Upend Your Retirement

By |News and Commentary, Retirement|

Pursuing your retirement dreams is challenging enough without making some common, and very avoidable, mistakes. Here are eight big mistakes to steer clear of, if possible. No Strategy: Yes, the biggest mistake is having no strategy at all. Without a strategy, you may have no goals, leaving you no way of knowing how you’ll get [...]

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Trends in Charitable Giving

By |News and Commentary|

Tip: Importance of Itemizing. Charitable contributions are deductible only if you itemize deductions on Form 1040, Schedule A. Those who take the standard deduction cannot deduct their contributions. Internal Revenue Service, 2015 According to Giving USA 2015, Americans gave an estimated $358.38 billion to charity in 2014. That’s the highest total in the 60 years [...]

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