Planning and Advice

Exit planning: Knowing what you want

It’s true that a journey of a thousand miles begins with a single step. The trouble is you can journey in the wrong direction entirely if you don’t know where you are going. Successful exit planning begins with careful consideration of what you want and what's possible. First there is a list of practical and emotional questions to consider.

By Cindy Jenner Cowan |May 3, 2007

5 min read

Understanding the boomer mindset

(April 2007) Baby boomers know precisely how to secure their retirement: save more (way more!), invest wisely, and perhaps consult a professional advisor. The problem is 31% of U.S. boomers would rather scrub their bathrooms than work on their financial plans, says Lee Eisenberg, author of The Number, a current bestseller about retirement planning. Eisenberg, […]

By Deanne Gage |April 27, 2007

3 min read

Court report: Advisor Inc. pitfalls

(April 2007) Financial advisors who use a personal corporation to run their practice need to ensure that they are meticulous when structuring their business affairs, to make sure that the corporation, not the advisor in his or her own personal capacity, is actually in the business of providing financial advice. This issue was highlighted by […]

April 25, 2007

3 min read

Five essential steps to enrich your practice

(April 2007) As wealth grows, so does complexity. This is especially true for those who have crossed the threshold from high-net-worth ($1-million or more of investable assets) to ultra-high-net-worth ($10-million or more). Traditionally, one way for ultra- HNW families to cope with this increasing complexity was to build their own private investment firm — a […]

By Thane Stenner, Rod Bower, Rory O'Connor |April 23, 2007

5 min read