Business Financial Advisor Michigan: Why Your Business Should Consider Having One
Business Financial Advisor Michigan: Why Your Business Should Consider Having One Why a Business Financial Advisor Matters Running a business is a complex endeavor, and managing its finances can often feel overwhelming. A business financial advisor can serve as a vital partner, helping owners navigate financial challenges and make strategic decisions that drive success. Whether […]
Can A QCD Go to a Donor-Advised Fund?
Can A QCD Go to a Donor-Advised Fund? Although it may not seem obvious, charitable giving plays an important role in retirement planning, offering retirees a way to support meaningful causes while optimizing their financial strategies. Among the tools available, Qualified Charitable Distributions (QCDs) and donor-advised funds (DAFs) stand out as popular options, often sparking curiosity […]
Quarterly Market Review – Q1 2025
Quarterly Market Review – Q1 2025 All market environments carry some level of uncertainty, but the first quarter of this year brought more than usual, particularly on the trade front. The Trade Policy Uncertainty Index hit an all-time high1, reflecting growing investor anxiety. This uncertainty translated directly into market volatility, with the S&P 500 entering correction territory […]
Quarterly Market Review
Quarterly Market Review 2024 was a year that mostly outpaced expectations. Coming into the year, the consensus on the economy was that U.S. economic growth would normalize and underperform the long-term average of 2%.1 However, the U.S. economy is now expected to grow by 2.7% in 2024, far exceeding initial projections.2 The primary drivers of this growth […]
Does Michigan Have an Inheritance Tax?
Does Michigan Have an Inheritance Tax? The Importance of Understanding State-Specific Inheritance and Estate Taxes When Reviewing for a Financial Plan Understanding inheritance and estate taxes is important for effective financial planning and wealth transfer. An inheritance tax is levied on the beneficiaries who inherit assets, while an estate tax is applied to the deceased’s estate before […]
Texas Electric Vehicle Tax Credit: Helpful Information To Know
Texas Electric Vehicle Tax Credit: Helpful Information To Know Why Texas Residents May Want to Consider Electric Vehicles Electric vehicles (EVs) are rapidly transforming the landscape of transportation in Texas, capturing the attention of residents for various reasons, from environmental consciousness to exciting technological innovations and enticing economic incentives. As society shifts toward a more […]
How to Future-Proof Your Firm: Succession Planning for Financial Advisors
How to Future-Proof Your Firm: Succession Planning for Financial Advisors Many financial advisors overlook an important component of long-term success: succession planning. Without a solid plan in place, your firm risks losing its value, reputation, and even client relationships when you or key team members step away. To leave a legacy, one must start preparing […]
