Time to Read: 5 Minutes In an ideal world, stocks would always go up and we would never have to consider a sell-off. In reality, however, market declines are part of the game. In fact, the S&P 500 averages 3.4 declines of 5% or more per year, a topic we covered in a previous
Time to Read: 6 Minutes. Most people need financial advice at some point in their lives. Whether it’s managing a windfall, navigating the path to retirement or identifying a tax-efficient investment strategy, a financial advisor can provide valuable insight. It’s not difficult to imagine how you may benefit from the professional support of a
Time to Watch: 5 Minutes Leave a Map and our Estate Planning Checklist were developed because we see how difficult it can be for people to settle someone's financial affairs or estate after they pass. Couple that with the grief of losing a relative or a friend and it can be overwhelming to know
Time to read: 3-5 minutes each We searched the web for the top questions to ask when hiring your financial advisor, distilled them into nine primary inquiries and compiled our answers into a single article. While we believe Q&A is just the first step of an extended, personalized introductory process, we aim to be
Time to Read: 10 minutes | Tips for Retirement Income Planning Much time, energy, and thought are put into the fundamentals of saving for retirement before retirement happens – how to allocate assets, understanding the benefits of tax-advantaged retirement accounts, etc. Less emphasis is put on how to withdraw the funds once you’re in retirement.
Time to Read: 5 minutes | How Others Do It When clients interact with a top financial planner, the depth of knowledge in wealth management strategies is apparent and often indicated by the professional designation of the CFP® certification. However industry-wide, many practices are structured so this knowledge is top heavy and siloed in
Time to read: 5 minutes | Many of these questions are addressed in our first Introductory Meeting, but we cover a lot of ground, so we’ve collected the most common follow up questions we get after prospective clients engage in their first meeting with BWM Financial. Fees? Based on your situation and the size
Time to Read Summary: 3 minutes | Over the past two decades, the advent of low cost brokerages with online trading have rendered traditional stock brokers obsolete. In addition, most professional investment managers don’t consistently beat their benchmark after fees. Many affluent families have come to view the cost of financial advice as an investment
Time to read: 6 minutes | While the use of innovative technology along with elemental training are essential, top financial advisors recognize the importance of obtaining elite professional designations. With stringent experience, education, exam and ethics requirements, the exclusive Certified Private Wealth Advisor® (CPWA®) designation is reserved for select advisors – as of 2018 there
Time to read: 5 minutes | Use of a Social Security claiming strategy plays an important role in most retirement income plans. However, the rules are complex and change often. In addition, the best claiming strategy is highly dependent on one’s unique situation and preferences. Many intelligent people rely on an incomplete understanding of their