Ignoring Daily Market News Will Improve Your Financial Health

“Blood bath,” “Sell off,” “Spooked investors,” “Wild session,” “Stocks plunge,” “Crazy market swings.” These are just a few of the sensational phrases the financial media used last year to describe stock market activity. As a certified financial planning practitioner for over 20 years, I would argue that when the media reports hourly (or even daily) […]

Good News for Philanthropic IRA owners

If you’re over age 70 1/2 and are looking to reduce your taxes while making charitable contributions, you should consider taking advantage of a Qualified Charitable Donation (QCD) from your Individual Retirement Account (IRA) this year. The IRS ruled that charitable donations after age 70 1/2 made from your IRA accounts will be exempt from […]

10 steps to teaching children about money

In our wealth management practice, we are often asked how best our clients can teach their children about money to help them down a path to becoming prudent financial managers as adults. Gained in our three decades of service, the following are some of the best techniques we’ve learned to help families pass along a […]

Getting to ‘emotional neutrality’ on investing

June 9, 2014 – Published in the North Bay Business Journal As a financial adviser, one of the first topics we always discuss with new  clients is their financial and emotional tolerance for risk. It is equally as important that we understand their emotional comfort level with investing, as we do their financial capacity to take […]

Making sense of the small-value stock approach to investing

January 13, 2014 – Published in the North Bay Business Journal Investing was less complicated for our parents: some stocks, some bonds, a savings account… While those vehicles still exist today, the ways to evaluate and allocate them have changed dramatically over the last few decades.  Investors have new ways to think about how and where […]

Retirement saving: Start early or just start

August 5, 2013 – Published in the North Bay Business Journal What is your retirement fantasy? Will you travel? Work part-time? Start a second career? Take classes? Write your memoirs? Most people have some thoughts about how they’d like to spend their retirement years, yet they often have no idea how much they should be […]

Sober Look at Preserving Capital or Purchasing Power

February 25, 2013 –  Published in the North Bay Business Journal Many aspects of life require careful consideration and balancing of the tradeoffs that arise from competing demands. For example, a common lifestyle tradeoff is working longer hours versus spending more time with your family. The competing demands within this decision are the income necessary […]

Seven Critical Questions to Ask a Financial Advisor

September 17, 2012 – Published in North Bay Business Journal When working with a specialist — a doctor, lawyer, auto mechanic or anyone else — asking the right questions is critical in getting your needs met and the best service possible. However, we often don’t know what we don’t know, thus formulating smart questions can […]