Our Blog

Stories, planning articles, investment thoughts and everyday discussions to help you set your goals and meet your financial objectives.

 

I own a ton of company stock

Friday, 28 December 2018

We get asked about company stock a lot. What’s the appropriate amount, for instance? I will tell you that anything above 20% raises our level of concern.

Photo by Muneeb Syed on Unsplash

We all have heard about that janitor or secretary that has worked at a public company for 35 years, amassed a ton of company stock, and then retires a multi-millionaire. But for every story like that, I think there are two that go in the other direction. Enron, Lycos, Lehman Brothers, Polaroid…are just a few that I can think of. And I heard a lot of “janitor” stories from GE personnel back when Jack Welch was running the show, but have you looked at GE’s stock lately?

Family Business Transition Guide

Monday, 14 January 2019

Preparing for succession or transition in your family business requires prudence, contemplation and organization.

Photo by Muneeb Syed on Unsplash

As you prepare for the family business succession/transition process, it’s important to address the underlying issues at play before you calculate your business’s value or the amount of life insurance the business might buy. Your vision for your business, the objectives you hope to achieve from the transition, and whom you choose as a successor—a family member or someone else—are ultimately what will drive the plan and its execution.

The Transition Decision: Thinking Big for 2019

Friday, 28 December 2018

Champagne pops, songs are sung, and resolutions get made. And this year, you want to make a big transition.

The Transition Decision: Thinking Big for 2019

For me, it always starts with how I feel and my ability to chase around my children with increased energy. And so, I begin my annual diet/workout regimen, in hopes of winning the bet with my friends. There is some sort of re-birth that January 1 brings to all our hopes and dreams. You’ve been on a path for a while, perhaps it's a career or a relationship and now, as you’re reaching mid-life/mid-career, you are starting to question if it’s the right one for you. Before you make any rash decisions let’s take a moment to explore what you want to change, why you want to change, and then the all-important how of making a major life course correction. In this article, we will go over some techniques and thought exercises that everyone who wants a life change could benefit from.

The Belichick/Patriots Approach to Tax Planning

Monday, 19 November 2018

With the Patriots in full swing, we thought this would provide an interesting way to frame tax planning.

The Belichick/Patriots Approach to Tax Planning

With Belichick at the helm, I always think that his process is his most valuable commodity. The Pats get off to slow starts quite often in my eyes, but their September team is often completely different from their December (and beyond team). They show progress and are constantly innovating. It’s great to think of your tax planning in a similar fashion. This year’s long-term plan could be affected by new legislation, newfound wealth, new transitions, etc.

Helping Your Children Become Financially Responsible Grown-Ups

Wednesday, 12 September 2018

We want the best for our children. As the recent father of a newborn Madelyn, I can only imagine the stuff I will do in the short- and long-term so that she (and sister Shelby) can enjoy the best in life.

Helping Your Children Become Financially Responsible Grown-Ups

We want the best for our children. As the recent father of a newborn Madelyn, I can only imagine the stuff I will do in the short- and long-term so that she (and sister Shelby) can enjoy the best in life. We invest our time and love, and we also impart our knowledge. Through us, they learn about the world, values, and how to handle their money. In fact, studies show children’s money habits can be set by the tender age of 7.