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Brad Goldstein Earns the Financial Paraplanner Qualified Professional (FPQP™) Designation

Adam Financial Associates, Inc. of Boca Raton, Florida is pleased to announce that the College of Financial Planning has granted our colleague Brad Goldstein the Financial Paraplanner Qualified Professional™ (FPQP™) designation. More about the Financial Paraplanner Qualified Professional™ Designation The Financial Paraplanner Qualified Professional™ is a key player on the financial planning team, with demonstrated competence in gathering, […]

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Prom Night: Your Kids’ $1,000 Lesson On How To Spend Money

Dresses, tux, tickets and that traditional corsage don’t come cheap. The average prom costs over $919 on average. It’s hard to believe that the price tag for this teen rite of passage is almost a grand. And here’s the oddest thing about it. The wealthiest families spend the least on prom, coughing up only $818 […]

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Women Still Not Closing The CFP Gender Gap

Last year, a record number of women earned their CFP (Certified Financial Planner) certification, but women still make up only 23% of all CFP professionals. That number hasn’t budged in years, says Financial Planning magazine. The CFP Board is seeking to attract more women into the profession, which is one of the fastest-growing and most […]

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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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