The 9 Must-Have Tips for Picking a New 401(k) Plan

September 2018  By: JULIA BUTLER, CFP®, JD, MBA, CFEI

  Are you unhappy with your existing 401(k) provider and want a better option for your employees? Perhaps you’re wondering if there are better investment options out there — or if your 401(k) fees are too high. Maybe you’ve even found yourself dealing with the fallout from a poorly administered plan, and you’re looking to…

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Planning for the Trip of a Lifetime

September 2018  By: MALCOLM BUTLER, JD

  I recently traveled abroad and while I was preparing for the trip, I tried to anticipate the problems that travelers might encounter. Properly preparing for a trip means planning for contingencies and emergencies. We made sure to double and triple check that we had the necessary clothing, our passports, voltage converters, cash and quite…

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Life Insurance–Too Little or Too Much?

September 2018  By: JULIA BUTLER, CFP®, JD, MBA, CFEI

Life insurance is a risk management tool for both personal and business risks. In the event of the premature death of an income earner or parent, life insurance can provide tax-free cash to cover immediate expenses as well as ongoing financial support for the family. How much life insurance you need depends on your unique…

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Managing Financially After Losing A Spouse

August 2018  By: JOEL GOODMAN, CFA

Grappling with the loss of a loved one is the most difficult time in one’s life. Often, after years of working with an affluent couple, we find ourselves guiding the surviving spouse through the financial aspects of this major life change. Generally, it’s the husband who passes first, so quite often we’re working with the…

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From Our Family to Yours: 4 Ways to Teach Kids About Money


Teaching kids about money in the Digital Age isn’t always easy. Between online shopping, direct-deposit paychecks and banking by app, today’s children are growing up in a world where they may rarely experience a cash purchase or even a monetary transaction. To kids, it can look like the next item we want or need just…

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The Graduates’ Trillion Dollar Problem


Over the past few decades, student debt has transformed from a tool for accessing higher education to a significant obstacle preventing young people from accumulating wealth and saving towards retirement. According to a February 2017 report published by the Federal Reserve Bank of New York, outstanding student loan balances increased by $31 billion in 2016….

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An Asset Manager Embraces Financial Planning

October 2016  By: MALCOLM BUTLER, JD

I have been investing other people’s money for over 36 years. As most of my clients are either saving for retirement or living off of their retirement savings and/or trust accounts, my overriding goal has been to build durable, income-producing portfolios that will enable my clients to live off of the income from their investments during…

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Primer on Individual Taxes

October 2016  By: JULIA BUTLER, CFP®, JD, MBA, CFEI

Tax planning to minimize tax liability and maximize after-tax returns starts with an understanding of Form 1040, the tax return filed annually by individual taxpayers. My goal in this article is to give the reader a “primer” on Form 1040 and the key considerations that will impact your tax liability. Status: The first thing you as…

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How Much Do I Need for Retirement?

December 2015  By: JULIA BUTLER, CFP®, JD, MBA, CFEI

Legg Mason posed the question “how much do you need for retirement?” to a group of “mass affluent” investors (aged 40 – 75 with more than $200,000 in investable assets). Those surveyed said they would need at least $2.5 million to maintain their current standard of living. According to the Government Accountability Office (GAO), households…

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Self-Funding A College Education


Funding a child’s or grandchild’s education is a high-priority savings goal for many families. This article will answer a few important questions: 1. How much will college cost? 2. How much do I need to save to fund the estimated expenses? 3. What types of accounts should I use to save for and pay for…

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