Under the Hood: What You Need to Know About the Federal Estate Tax
What’s included in the estate, what’s the tax on that estate and what are the resources for learning more, including designations to consider achieving.
Using Monte Carlo Distributions in Financial Planning
How using Monte Carlo simulation can give you, and your client, a better appreciation for the likelihood of an investment return.
Using Monte Carlo in Financial Planning: The Assumptions
When creating a financial plan, Monte Carlo simulation can, and in some cases should, be used. Here are the assumptions I test.
A Financial Plan’s Two Most Important Assumptions
Amid the myriad of inputs into a financial plan, there are two on which it’s important to run a Monte Carlo simulation.
How I Track My Clients’ Needs
Here's how I keep track of what I need to accomplish with my clients and my business, but am I being efficient?
Why I Won’t Sell Life Insurance Any More
Over the last seven years, I’ve sold life insurance policies when necessary, but here’s why I won’t offer any more insurance products to clients.
The Secret to Turning Prospects Into Clients? Listen
As an RIA I'm in the business of rendering advice and solving problems, so with prospects I ask questions and listen closely to the answers.
How Financial Planning Improves Investors’ Bottom Lines
My financial planning "software" stress-tests a client’s portfolio by calculating their federal and state tax burden for years to come.
Should I Stay or Should I Go (Independent)?
There are a lot of issues to consider before making the move from a wirehouse or bank to an independent advisor.
Under the Hood: Medicare Premiums—What You Need to Know, Pt. 2
Understanding the premiums for Medicare parts A, B and D, along with some changes to the program from the Affordable Care Act.