Bull Market Turns 10 — What the Past 10 Years Taught Us, We Already Knew

April 2019  By: SCOTT McGHIE, CFA, CPA

The stock market bottomed in March 2009 after a prolonged and deep decline from its October 2007 highs. The financial crisis wounds were deep. The global banking system was nearly torn to shreds, forcing unprecedented monetary and regulatory actions. Debt markets were frozen. A new administration had entered the White House. Stock market investors were…

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6 Key Considerations Before You Sell Your Business

April 2019  By: JOEL GOODMAN, CFA

Are you thinking about selling your business? Whether you own a new start-up or an established family-owned company, it’s critical to be strategic, thoughtful and intentional because the decisions you make now will affect your ability to protect and grow the proceeds from the sale for years to come. Selling a business isn’t an overnight…

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7 Considerations for the Multigenerational Transfer of Wealth

March 2019  By: MALCOLM BUTLER, JD

Congratulations on becoming a grandparent! By any measure, this is an exciting, rewarding time. This life change also offers the opportunity to revisit your estate plan to determine the best ways to “pay it forward” for your grandchildren. What should you keep in mind when planning to share your wealth with future generations? How can…

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The Value of Discretionary Investment Management

March 2019  By: JARED HAMMERS, CFA

At The Fiduciary Group, we serve as fiduciary investment advisors. This means that we are required to act in the best interest of clients and to not place our own interests ahead of clients. As part of this relationship, we have the discretion to act on our client’s behalf and we endeavor to make thoughtful…

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6 Financial Planning Needs of Wealthy Families

March 2019  By: SCOTT McGHIE, CFA, CPA

You have enough money to support an affluent lifestyle — with more than adequate savings to spare. You’re not concerned about your ability to pay for your children’s college or fund your retirement. But significant wealth comes with its own set of challenges and complexities. Here are some of the unique financial planning needs that…

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Coordinating Couples

January 2019  By: JULIA BUTLER, CFP®, JD, MBA, CFEI

If you and your significant other don’t always see eye-to-eye when it comes to finances, you’re not alone. When it comes to spending, investing, and planning, quite often couples are more divided than united. According to a recent study by Sun Trust Bank, 35 percent of married couples reported that money was the primary cause…

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A Rational Approach to Market Volatility

January 2019  By: JOEL GOODMAN, CFA, ALEX MORRIS, CFA, MBA

Through the first nine months of the year, it looked like 2018 would be another pleasant year for investors. The S&P 500 climbed more than 7% in the third quarter, pushing the year to date return for the index above 10%. But those gains – and then some – evaporated in the fourth quarter, with…

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A Financial Planning Christmas Carol

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

Maybe it’s the holiday season, but financial planning makes me think of Charles Dickens’s A Christmas Carol.  Remember how Ebenezer Scrooge was visited by 3 ghosts—Christmas Past, Christmas Present, and Christmas Future?  It gave him the opportunity to witness, from a reality-ringside seat, a view of where he’d been, where he is presently, and where…

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Hiring a CFO to Manage Your Family’s Wealth

December 2018  By: JOEL GOODMAN, CFA

As you accumulate significant wealth, your financial world becomes increasingly complex. Your wealth may include not only stocks and bonds, but also private equity investments, real estate and perhaps a family business. Your estate plan may be complicated as well and may include a private foundation. At some point, high-net-worth individuals may find their attention…

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Not Reaching for Yield

November 2018  By: JARED HAMMERS, CFA

At the 2013 Berkshire Hathaway meeting, a shareholder asked Charlie Munger for his thoughts on Federal Reserve policy and interest rates. Here’s what he had to say: “Well, I strongly suspect that interest rates aren’t going to stay this low for extended periods. But, as I pointed out, practically everybody has been very surprised by…

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