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Forget The Wedding Planner: Why Couples Should Hire A Financial Planner First

With more couples marrying later, and bringing debt, assets and entrenched money habits into the marriage, talking to a financial planner before tying the knot is much more important than picking out the right china pattern. It’s not just a question of who pays the bills, and whether to open a joint account.  It extends […]

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Reaching Across The Language Barrier

Hispanics are the fastest-growing segment of the population and are one-and-a-half times more likely than the general population to start their own businesses and earn a healthy income as a successful entrepreneur. Yet, financial planners are significantly behind in offering their services to the growing Hispanic market, writes Claudia Gonzalez, in a new article about […]

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Real Client Advice: Your Teenager Got A Job? Here’s How To Start Them On The Road To Riches

We talked to one of our clients,  a busy mom with three kids, earlier this month. She told us her teenage daughter has a part-time job, and wanted tips on the best ways for her to save some of her earnings. Here’s the advice we gave her: The Roth wins, hands down. For most teenagers, […]

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What’s The Difference Between Cost Basis And Performance?

We report both cost basis and investment performance on your quarterly statements, and get many questions about the difference between the two. Here’s a quick summary: Cost basis is an accounting and tax measure, which tells you how much tax you owe when you sell an investment. Your cost basis climbs each time you reinvest […]

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The Last Taboo

Almost half of Americans say they would rather discuss death, politics or religion than talk about personal finance, reports wealth psychology expert Kathleen Burns Kingsbury, author of a new book on how to talk about money. Talking about money is still the ultimate taboo. In couples, talking about money and sharing information about assets and […]

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Quote Of The Week: What An Advisor Is For

“A lot of Wall Street Journal readers have told me they think hiring a financial adviser is a waste of money. I disagree. A good adviser doesn’t only manage investments but can help you save or make a fortune through better decisions on tax, estate and retirement planning, buying or selling a home or business, […]

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What To Do Before The Next One Hits: 5 Lessons From Hurricane Irma

What To Do Before The Next One Hits: 5 Lessons From Hurricane Irma

Irma was the most powerful storm ever recorded in the Atlantic Ocean. It killed over 75 people in Florida and caused billions of dollars of damage. Those of us in South Florida were lucky to have escaped worse. Here are 5 major lessons we learned from Irma: Lesson #1: Don’t neglect flood insurance. Roughly 80% of […]

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HGTV stars Drew and Jonathan Scott Show How to Redecorate That Empty Nest

When my kids went off to college, I reveled in having my home back to myself again. One of the first things I did was repaint and redecorate the kids’ rooms to make up for years of wear and tear. Of course, like many other kids, mine boomeranged back home again, but we all still […]

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Millennials Head To The ‘Burbs

Much like their parents did years ago, millennials are starting to head to the ‘burbs in a rush to buy homes, start families and put down roots. “Americans aged about 18 to 34 have become the largest group of homebuyers, and almost half live in the suburbs,” according to Zillow Group data cited in a […]

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Remembering Our Fathers

I lost my dad seventeen years ago (that’s him, at left in the photo, with my uncle in the 1930s). Take time out today to treasure every moment of life, family and friends.

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