crisis management

Financial advisors working with wealthy families certainly have their work cut out for them. Learning how to communicate with wealthy families, specifically the decision-makers in those families, is a skill that can take years to …

Yes and no, because the bad habits, bad decisions, recklessness, greed and laziness that can befall lottery winners can also infect a new generation born into old money if the family’s legacy has not been …

The vast majority of families who have struck gold, so to speak, lose it all within the span of only a few generations. Odd as it may seem, this is not uncommon. The first generations …

Beginning with the 2017-2018 academic year, the FAFSA will use a two-year lookback. For example, 2016 and 2017 tax information would be used for the necessary portions of the 2017-2018 forms. This will prevent the …

From 1992 until 2016, the FAFSA was filled out by parents after January 1 each year, based on the prior year’s tax forms and updated once taxes were filed. For example, the FAFSA due January …

In late 2016, the Congressional Budget Office (CBO) revised its long-term outlook for Social Security. This move, lowering cost-of-living increase for future payouts, makes it more important than ever for advisors and investors to focus …

by Ryan W. Smith Technology has had a large impact on the financial advisory industry over the decades, with an outsized and growing influence in recent years. The rise of robo-advisors, the use of online …

by Ryan W. Smith All good things will eventually pass, an old saying goes. History has almost always agreed, but in recent years there has been a notable exception: the continual rise of the U.S. …

Most studies have shown there is no “normal” bear market, much in the same way there is no “normal” bull market. There are telltale signs that show a phenomena is occurring, but often it is …