Trust Basics
Lots of people talk about trusts and while there are multiple reasons why you may want to consider setting one up, understanding exactly what a trust is and does isn’t always clear. Our own Charles L. Stanley, WorthPointe Partner and CERTIFIED FINANCIAL PLANNER™ professional, boils it down to the simplest of terms:
Read ArticleTax Traps to Avoid in Retirement
“Our new Constitution is now established, and has an appearance that promises permanency; but in this world, nothing can be said to be certain, except death and taxes.” It is a quote that comes down to us from Benjamin Franklin, who uttered the phrase in 1789. Taxes–federal, state, local, sales tax, property tax, gasoline tax, […]
Read ArticleCrosscurrents
The tech-heavy NASDAQ Composite, and key measures of mid-sized and small companies touched new highs in June. Much of the underlying momentum can be traced to faster economic growth, rising corporate profits, and still-low interest rates. Another factor that lends support–S&P 500 companies repurchased a record $189.1 billion of their own shares in the first […]
Read ArticleSome Financial Advice Beyond the College Dormitory
Congratulations! We know you’ve already heard that from family and friends, but after four years of college — or more if you have obtained an advanced degree — you deserve it. And the well-wishing cheers go beyond Johnny or Jane; well done, mom and dad! A couple of weeks ago, one of our advisors was […]
Read ArticleLaunching a Career as a Financial Planner
Becoming a CERTIFIED FINANCIAL PLANNER™ professional takes a great deal of dedication, education, and experience, so we asked our Partner and Financial Planner, Anthony to share his motivation for wanting to become a financial advisor in the first place. Unsurprisingly, his interest started at a very young age. Learn more about his journey in our […]
Read ArticleWhat are the Tax Implications of Options Trading?
Options are a poorly understood asset class to most investors, but have many uses for astute planners. No, we aren’t talking about the type of options your company might grant you, but publicly traded options. For example, adding an options enhancement component to your overall investment strategy may be a great way to enhance how […]
Read Article5 Steps to Reducing Healthcare Costs in Retirement
Healthcare costs will be the biggest expense for most retirees. It’s not a pleasant prospect, but it is a reality. A 65-year-old couple that left the workforce in 2017 will spend an average of $275,000 to cover medical expenses through retirement, according to the latest retiree healthcare cost estimate provided by Fidelity Benefits Consulting. That’s […]
Read ArticleHow WorthPointe Got Its Start
Having been established over 15 years ago, WorthPointe’s continues to grow from three original yet fundamental beliefs: start from the heart, do the hard work, and put the client first. Anthony G. Ferreira, WorthPointe Partner and Financial Planner, shares these insights from WorthPointe’s early days in a recent video interview.
Read ArticleRobo Financial Advice: Is the discount worth the risk?
Investing seems like it should be straightforward: buy when stock is low, sell when its high. Reap the profit. Makes sense especially when you consider the big gains demonstrated by the stock market over the past couple of years. Big margins meant bigger discounts for customers of the financial service industry with the growing popularity […]
Read Article3 Tips for Choosing Your Financial Planner
You know that the right financial planner will help you clear a path to your financial goals and keep up the momentum along the way. But knowing whether your financial advisor is on your side can be harder to nail down. How do you know if your advisor will have the experience and freedom to […]
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