From debt payment to investments to long-term saving, getting the help of a financial advisor to address your financial profile can allow you to target a course of action to fulfill your needs and help you make significant progress towards achieving your financial goals. A financial advisor is a professional who offers guidance and services specific to the financial circumstances of their clients. This means that regardless of your financial needs or situation, a financial advisor will help work with you individually on your own financial profile. 

In retirement saving, as with many other forms of long term financial planning, understanding and mapping out what portion of your financial profile will be devoted to your savings is crucial. Although different savers have different needs and different levels of understanding of how this long-term planning should go, it’s always useful to enlist the aid of a financial advisor (or, as it pertains to retirement savings, a retirement advisor), who can provide individualized guidance and input on how this process should go. Selecting an advisor who will fulfill your needs and help you meet your retirement goals can help you make a big step towards your future, so considering your circumstances and the services offered by the retirement advisor is imperative.   

Financial markets and tax rules are changing constantly so staying current on such changes is critical to providing value for our clients. As a result, I recently attended a tax and financial planning conference in Las Vegas, NV by the American Institute of Certified Public Accountants (AICPA), which is the largest association representing the accounting profession. With over 4,000 attendees and over 100 individual sessions, there was no shortage of things to learn. As an added bonus, I heard several keynote speeches from notable leaders such as: Charles Rettig, Commissioner of the IRS; Simon Sinek, Optimist and Author; and NFL legend John Elway. Here are some key takeaways I gleaned from the conference.

For Financial Literacy Month, we're sharing 30 tips to keep you financially healthy. Read the full list below.

Have you wondered what financial advisors do, and whether you need one? In this free webinar, we explain what you should expect from a fee-only financial advisor and how a financial plan can help map out and improve your financial health.

The end of the year marks an important deadline for those who have been accumulating assets in a retirement account. That is because the majority of those who are over the age of 70.5 must take a required minimum distribution (RMD for short) from their retirement accounts before December 31st of each year. However, there are a number of caveats to this requirement, because it wouldn't be an IRS rule if there weren’t exceptions and exemptions.

We get a lot of questions on what is involved in creating a client’s financial plan, and the one clarification we always have to make is that a financial plan is not a budget. While it is true that cash flow is an integral part of any person’s overall financial well-being, that is not an area where we can add value, nor can we really analyze what an appropriate amount is for someone to spend in any particular category.

This is part 1 of a 3-part series on readying yourself to purchase real estate.