Educating Heirs on Student Debt

Cameron Hamilton

Atheneum

One of my favorite television shows is Shark Tank, which shows aspiring entrepreneurs pitching their business plans to seasoned investors, the “sharks,” in hopes of an investment.  The sharks use their own money to invest, so they ask tough questions to help evaluate the business’s potential.  Have they demonstrated sales?  How much does it cost … Continued

Takeaways From a Week at the Chicago Booth School of Business

Cameron Hamilton

Weekly Update

As all the children in our community are getting ready to go back to school, I am reflecting on my week back in the classroom this summer. I was lucky enough to spend time at the Chicago Booth School of Business learning from the country’s leading practitioners in estate and tax planning. Earlier this year, I set … Continued

Educating Your Next Generation

John Boardman

Weekly Update

Key Takeaways: Our most successful planning relationships are those in which we work with our client’s other professional advisors – and their children and heirs as well. Involving heirs in your financial and estate planning makes the next generation’s estate administration job much easier. You do not have to tell them every detail, but at … Continued

The Investor Taxation Lifecycle

John Boardman

Atheneum

We are not CPAs nor are we tax preparers, but a great deal of our time is spent working with clients and their professionals honing a financial plan that is tax efficient.  We advise our clients to hire a CPA with whom we can work together to manage their financial plans.  The financial plan and … Continued

Top 10 Personal Finance Best Practices

Ballast

Whitepapers

As more investors seek out and embrace personalized asset management and individualized financial advice, industry tycoons Vanguard and Russell Investments researched the value created by professional advice. Both companies measured the impact on investor returns when partnering with an advisor who provides skilled management and guidance.    Russell Investments identified up to an additional annualized … Continued

Tax Management in Bull Markets

Cameron Hamilton

Weekly Update

How do we manage accounts when everything is up? With cooperative markets, many investors have accumulated substantial capital gains in their investment accounts. We analyze the trade-off between ideal allocation & paying tax to achieve it. In general, we advocate paying tax along the way to avoid over-concentration. When I was growing up, my granddad … Continued

Balancing Saving and Giving

John Boardman

Atheneum

Most of our clients aspire to be financially self-sufficient.  As those clients age, we notice some amount of transition into wanting to benefit others with accumulated resources.  This giving can range from donations to charities of interest to paying for a grandchild’s education to helping a friend in need.   We have been fortunate since the … Continued

Evaluating Pension Options

Cameron Hamilton

Weekly Update

Each year we are seeing fewer workers covered by a company pension plan. Overwhelmingly, companies are trending away from the traditional pension – a defined benefit, to a defined contribution plan like a 401k. By and large employers have decided that guaranteeing a retirement income is too expensive. If you are lucky enough to be … Continued

A Great Time for Some Financial Housekeeping

John Boardman

Weekly Update

Like many of you, my family has been creative with our newly found and not-so-scheduled weekend time since the beginning of the pandemic. Whether it was cleaning out a closet or the garage or even power washing the driveway, we have kept ourselves busy and our house is now in better shape for it. It … Continued

Coronavirus (COVID-19) & The Markets

Andy Reynolds

Weekly Update

As you likely can imagine, over the past few weeks we have been paying very close attention to the global markets, domestic/foreign economies, and medical news to better understand COVID-19 and its potential impacts.  Please know that we are doing everything we can to stay abreast of all potential outcomes and to work with clients … Continued