Blog and Podcast

Estate Planning: Are Credit Shelter Trusts Obsolete?

One of the more interesting debates in estate planning circles these days surrounds so-called credit shelter trusts – also known as A-B Trusts or marital and bypass trusts, respectively.  These are trusts set up as a way to preserve the … Continue reading

Tax-Efficient Retirement Planning

Why would anybody pay taxes when they really don’t have to?  This is a question that financial advisors are hearing from their retired clients, who are taking their living expenses out of taxable and tax-deferred accounts like IRAs. The whole … Continue reading

The Myth of the Rational Market

Current Harvard Business Review editorial director and former Fortune writer Justin Fox wrote an article in 2003 titled, “Is the Market Rational?” Much of the article focused on the intellectual rivalry between two Chicago professors—Eugene Fama and Richard Thaler—and Fox … Continue reading

The Recent Market Roller Coaster

There are two kinds of investors in this world.  One type pays close attention to the daily (and sometimes hourly) flood of information, looking for a reason (any reason) to jump in or out of the markets.  The other kind … Continue reading

The Savvy Investor’s Chi

In many areas of life, intense activity and constant monitoring of results represent the path to success. In investment, that approach gets turned on its head. The Chinese philosophy of Taoism has a word for it: “wuwei.” It literally means … Continue reading

The Most Difficult Part of Financial Planning

In this age of ever-expanding technology, the data-gathering process for a financial plan has gradually become less complicated and intrusive.  However, a great deal of hard work still falls on the shoulders of financial planning clients.  People still have to … Continue reading

Deceptive Advisor Marketing: Manipulated Investment Performance

Deceptive Advisor Marketing: Manipulated Investment Performance Investment advisors have pioneered clever ways to make themselves look far better than they actually are.  Some of these practices were recently exposed in “Debunking Deceptive Sales Pitches” published the Journal of Financial Planning. … Continue reading

Even The Best Have Difficulty Timing The Market

The investment community lost one of its more colorful characters earlier this year with the passing of Martin F. Zweig, a Cleveland native and prominent market pundit, author, and chairman of Zweig-DiMenna Associates LLC, a New York investment firm. His … Continue reading

Sustaining Lifetime Income Throughout Retirement

An estimated 10,000 people are retiring every day, and this unprecedented surge of new retirees is expected to last for the next 17 years.  Most will roll their retirement plan assets into an IRA account, and that money plus Social … Continue reading