Financial Planning

Why do I Need a Financial Plan?

What is Financial Planning?

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Think of a financial plan as a map of your financial future. Financial planning is the process of defining your goals, taking an inventory of your current financial situation, and devising a strategy to achieve your goals. Then, after you implement the plan’s actions, you review the progress made toward your goals, and revise your plan as needed. Financial planning is not a one-time exercise, but rather a lifelong process.READ MORE

What Do Advisors And Beer Have In Common?

What comes to mind when you hear the following: “made locally with the finest ingredients by passionate people committed to the process and the product?” My first thought is, “a new craft brewery must be opening down the street,” but it also describes a major trend in the seemingly unrelated world of wealth management – the rise of Registered Investment Advisors (RIAs). If RIAs sounds like Wall Street jargon to you, think of them as “craft advisors.”
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Charitable Giving – Colorado Gives Day

Today is Colorado Gives Day, an initiative put on by the Community First Foundation every year to help benefit participating Colorado nonprofits (over 1,800 at last count).

A $1,000,000 incentive fund helps boost every donation and the event drives lots of extra publicity for nonprofits all over the state. The free nonprofit database is also a great research tool when looking into Colorado charities.

We are proud to contribute as a firm during the state’s largest single-day giving initiative and hope you find a way to do so as well.

Are Charities Wasting Your Donations?

So far in our series, we have looked at why people give and how to optimize your giving through various charitable vehicles. Next, we’ll tackle a thorny topic: are charities wasting your donations?

Even though high net worth Americans trust nonprofits more than three times as much as Congress to solve domestic and world problems, you should still exercise prudent care when selecting charities.READ MORE

From Client to Planner

A few years ago my husband and I decided that we needed help putting our financial future on track, in spite of a PhD (his) and an MBA (mine). I studied the many flavors of financial advisors and concluded that a fee-only advisor with a Certified Financial Planner® (CFP®) designation would be the only way to go. Why?READ MORE