The are many ways I measure my success as a wealth manager, but one of the most important ways is how many nervous calls I receive from clients when financial market volatility increases. If I’m doing my job well my clients achieve a certain mindset and comfort level, allowing them to navigate extreme periods of […]
In late 2007, right before the banking meltdown that ushered in the Great Recession of 2008, we were easily earning north of 4% on money market accounts. As the recession unfolded, and with much help from the Federal Reserve, interest rates plummeted to near zero percent…actually zero percent in many cases. Some ten years later […]
For most of us, money management was not taught in school…or at home. In fact, for most of us we learn about managing money through the school of hard knocks…trial and error. And boy, those errors can be difficult to overcome. There are many different money management strategies to choose from, some of which can […]