Wealth Management Planning

Your Annuity Guide – Part Two: Deferred & Equity Indexed Annuities

This post is the second part of our four-part series, “Your Annuity Guide.” For the series, we’re reviewing the various types of annuities, and sharing insights into when and how each type can be used most effectively. Part One of the series discussed Immediate and Longevity Income Annuities. [...]

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Family Mediation Is No Role For Family

Conflicts arise in every business setting. When they involve family members, there can be a very volatile set of emotions to handle. Sometimes the simple adages of “Father knows best” and “My mama said” are appropriate to resolve family conflicts, but these pithy phrases rarely are effective[...]

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Your Annuity Guide – Part One: Immediate and Longevity Income Annuities

According to the Insured Retirement Institute (IRI), $56.7 billion of annuities were sold first quarter of 2016, a 7.6% increase over first quarter 2015 sales. Fixed annuity sales were at their highest levels in seven years, but variable annuity sales were down. At the end of 2015 there was a total [...]

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Smart Strategies to Manage Required Minimum Distributions

In July, the nation’s oldest Baby Boomers reached age 70 ½, meaning they must start taking required minimum distributions (RMDs) from their retirement savings under IRS rules. It’s important to understand the effects of RMDs on income and taxes and to know there are strategies available to opti[...]

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The Value Of A Family Name: Reflecting on Kohler and Nicklaus

“All things wear a lustre which is the gift of the present, and a tarnish of time. Every book is a quotation; and every house is a quotation out of all forests and mines and stone-quarries; and every man is a quotation from all his ancestors.” - Ralph Waldo Emerson Golf season in Wisconsin may[...]

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From Basketball to Family Business: Are We Letting Children Fail?

In my last post I reflected on the opportunity to be a coach for my daughter’s grade school basketball team, and the insight it provided into the dynamics between parents and children in a family-owned business. The experience brought into focus my own experiences working for my father and the com[...]

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I’m Not Smarter Than A Fifth Grader: Lessons in Parent-Child Relationships

This past winter I had the wonderful opportunity to be a coach for my youngest daughter’s grade school basketball team. As the season got underway, it was clear we had a group of very eager players coming together to learn, have fun, and play the game with the intention of winning. I saw our role [...]

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Becoming Truly Innovative: A Family Value

For a firm to become truly innovative, Gary Hamel and Nancy Tennant suggest in their recent Harvard Business Review article all employees should be taught to think like innovators. In this view, explained in a previous blog, innovation is not the exclusive purview of a few creative geniuses, but st[...]

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When Should I Complete My Estate Plan? Planning Ahead is Essential to Managing Your Personal and Financial Affairs

Intellectually you may realize you need to prepare for the worst, and have a plan in place for your end, even though you don’t want to spend time thinking about it much less actually establishing an entire estate plan. If so, you’re not alone. A 2015 survey by CNBC, showed that 38% of individ[...]

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Tax Season Is Prime Time For Online Scams: Steps You Can Take to Protect Your Identity and Personal Information

It’s wise to be wary of suspicious activity online at all times, but it’s especially important during tax season.  Increasingly, there is evidence that cybercriminals lurk in the virtual universe in the weeks and months leading up to the annual tax filing deadline – April 18 in 2016 – searc[...]

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