Wealth Insights

Giving Tuesday was created in 2012 by the 92nd Street Y and United Nations Foundation as a "Global Day of Giving".  By designating the Tuesday after Thanksgiving as Giving Tuesday, organizers desired to establish a day focused on celebrating the … [Read more...] about Using an IRA for Charitable Giving

A traditional approach of managing investments during retirement is to liquidate taxable investment accounts first before taking withdrawals from retirement accounts like IRAs and 401(k) plans. This retirement strategy allows retirees to spend the … [Read more...] about Retirement Distribution Strategies

The way an advisor gets paid can create a potential conflict of interest, whereby they place their financial interests above your own. Financial advisors are compensated for their advice in one of three ways: commission- based, fee- based, and fee- … [Read more...] about Fee-Based or Fee-Only: What’s the Difference?

The United States Department of Labor’s (DOL) recommendation to require financial advisors to adhere to a fiduciary standard received a lot of attention and reaction by financial institutions. While the financial services industry understood the … [Read more...] about The Fiduciary Standard