All beneficiary designations are the same, right? Unfortunately, that’s not the case. The language adopted by the financial institution that holds your IRA or other retirement account might cause you to unintentionally disinherit your grandkids. Most financial institutions treat multiple beneficiaries “per capita” rather than “per stirpes”…
You know the saying about the cobbler’s children having no shoes? I have to confess to being a bit of a cobbler. Okay, my children have shoes – real ones and the financial planning version: ROTH IRAs. But I was recently going through the mail,…
We’ve recently discovered a series of Coca Cola ads that highlight the goodness in the world, as captured by security cameras. An interesting concept, that cameras designed to capture bad behavior capture so many acts of kindness and bravery.
Investing With a Broken Compass: the Broken Analogy While sitting amid the scattered pages of the Sunday paper the other day, leafing through the magazine section, we came upon a full page ad placed by BNY Mellon Wealth Management that offered the following opinion: The…
We are proud to announce that Lauren Mireles recently received her Registered Paraplanner (RP®) certification. In order to become a RP®, Lauren had to: -Complete an educational program in theory and practical application developed by the College of Financial Planning -Pass the proctored and timed end-of-course exam…
Last Call: Tax Day is Next Monday, April 15th While we normally take care of all of our clients’ account servicing needs, including IRA and retirement account contributions, end of business today (5:00 pm ET for the Vienna office and 5:00 pm PT for the…
Kelly Greene of The Wall Street Journal wrote an entertaining piece on the money lessons to be found in the popular show, “Downton Abbey”. The show has drawn a lot of interest in the U.S. with 8.2 million viewers tuning in for the Feb. 17…
We received this video from Brock Phillips in response to our post “The Great Misinformation: Why David Stockman is Wrong,” in which we refute Stockman’s pessimistic, dystopian view of America and its prospects. Here was Brock’s message: I enjoyed your e-mail about David Stockman’s article and…
David Stockman, former Republican congressman and former budget director under Ronald Reagan, wrote an inflammatory op-ed piece in the New York Times a week ago Sunday (State-Wrecked: The Corruption of Capitalism in America) in which he declared “this latest Wall Street bubble, inflated by an egregious flood…