1792 Advisors for Owners & Entrepreneurs

When your business is a solo act, figuring out the right way to save for retirement can be tricky. Find out how an owner-only 401(k) plan can give you the flexibility you need to meet your retirement goals.

Small-cap stocks had their best monthly performance relative to large-cap stocks since December 2000. This follows very mixed performance by smaller stocks during the period when the Fed raised interest rates. This sort of shift is a good example of diversification. You can't possibly anticipate the out- or underperformance of every segment of stocks. But a properly diversified portfolio be in the market to capture performance as it rotates among the various segments of stocks

When debating the merits of a Roth IRA conversion, a number of issues need to be evaluated. And while many advisors will advocate conversions when financial markets are down, you shouldn't dismiss the idea when markets are stronger. Conversions are a key part of any wealth plan. This article summarizes three issues to evaluate when deciding on the timing and size of a conversion. #personalfinance #wealthmanagement

If you really want to get more dollars into your Roth IRA or Roth 401(k), you may need to take lesser-known paths to get around roadblocks. These paths are newly useful for savers trying to move dollars into Roth accounts before the end of 2025. A must read for savers and investors. We regularly stress that in addition to how much you save, it is important to understand where you save. That is, taxable v. tax-deferred v. tax-free accounts. #personalfinance #wealthmanagement https://lnkd.in/eQygDPdB

We see this first hand with entrepreneur clients who also have been diagnosed with ADHD. One client put it this way - it helps him see opportunities others don't, and create solutions others can't.

Though many people count on the stock market to fund their future life, real-estate retirees prefer the steady rental income and tax breaks of being landlords. There are many ways to attack retirement and this article highlights that. It is also smart to consider how you may be able to diversify your retirement funds between financial and non-financial assets. #personalfinance #wealthmanagment https://lnkd.in/eQgWSzZ7

Stories like this resonate with us. The collaboration we offer clients is most effective as an independent firm. Not in an environment encumbered by bureaucratic entanglements and relentless cross-selling tactics synonymous with the industry Goliaths. And like David, we like to think of our size as our strength - both agile & sharply client-focused. As Malcolm Gladwell said in his famous TED Talk on David v. Goliath, it was not a story of the underdog prevailing as so many believe. The sling, wielded by a shepherd who mastered it keeping beasts away from his flock, was a deadly weapon in those times. And the very source of Goliath's strength - his colossal size - concealed his vulnerabilities and in fact turned out to be the source of his greatest weakness. Our own independence in the financial world is not like starting a new business from scratch, as this entrepreneur did. But we share a kindred spirit with the Davids of the business world - those who take on the Goliaths or incumbents. As Gladwell puts it, "Giants are not as formidable as they appear - and sometimes, a shepherd boy carries a sling in his pocket." As we like to put it .... Davids don't work with Goliaths. #personalfinance #wealthmanagement

Every so often we like to remind folks to check on their HSAs. Are you maximizing your savings/investing in HSAs to the extent your own finances will allow? Think of it as an IRA without forced distributions later in life. #personalfinance #wealthmanagement

Spousal IRAs allow a working spouse to contribute to a nonworking or low-earning spouse's retirement savings. While not widely known or probably utilized, it is another arrow in your quiver to help bolster your savings and investments over time. While there are a number of issues to review before deciding if this strategy is either available or appropriate for you, the power of returns compounding over years or even decades usually wins out. We are always available to discuss. #wealthmanagement #personalfinance https://lnkd.in/ebgXrZcv

There will be record numbers of IRA and annuity accounts passed to beneficiaries in the future. From personal experience, we know there are a number of decisions which non-spouse beneficiaries will face including when and how to take the distributions from these types of accounts. The original account holders can also assist their beneficiaries in a number of different ways to help prepare them. The objective should be to maximize the benefit which accrues to your beneficiaries - the hard work you put into saving and investing should benefit those you want. Contact us to discuss any questions you may have. #wealthmanagement #personalfinance