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Blog

12 Jan
Don’t Leave the IRS a Tip: The Importance of Tax Planning and Reviewing Your Return

By Colleen Weber, CFP®, CPA

I’ll let you in on a secret: one of the best ways to retain more of your wealth is to reduce the burden of taxation. And this isn’t something to deal with once a year when tax day comes; ongoing tax planning can help you strategically reduce your tax bill so the IRS doesn’t get more of your money than they should. 

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16 Dec
What’s Going on With Inflation? 3 Reasons Why It’s Here to Stay

By Colleen Weber, CFP®, CPA

In just one year, we’ve seen shocking increases in prices as inflation degrades the value of our money right before our eyes—with no clear end in sight. Case in point: gas is up 58%, meat 13%, food 6%, and used vehicles 31%. (1) For months we were told the current inflation crisis was transitory, what seemed like a slight inconvenience. But now it’s official: after months of being told the current inflation crisis is transitory, Federal Reserve Chair Jerome Powell announced that we can expect high inflation to continue into 2022. (2)

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16 Nov
Worried About Your Financial Plan? Schedule a Q&A Call Today

By Colleen Weber, CFP®, CPA

What are those worries keeping you up at night? I’m willing to bet that money is near the top of that list, if not at the very top. I firmly believe that no matter how tough (or uncertain) times are, one thing that shouldn’t cause you stress is your financial plan. That’s why it is my goal to help you simplify the complexities of your financial life so you can focus on what matters most. 

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18 Oct
How to Protect Your Wealth in a Volatile Market

By Colleen Weber, CFP®, CPA

Benjamin Graham once said, “In the short run, the market is a voting machine, but in the long run, it is a weighing machine.” This quote may seem confusing on the surface, but the point is quite simple: in the short run, the market acts like a popularity contest with investors chasing the hottest trend of the moment. The votes are tallied, and the most “popular” stock gets the highest price, regardless of its true value. In the long run, however, the popularity contest fades and the market starts to reflect the true value of the stocks.

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10 Sep
The Real Benefits of Diversification

By Colleen Weber, CFP®, CPA

Thomas Jefferson said, “With great risk comes great reward.” But certainly there needs to be wisdom in recognizing how much risk is too much risk—especially when it comes to your investment portfolio. This is where diversification comes into play. 

Diversification can help you offset risk and reach your goals with an added level of confidence. Even if you already have a good understanding of diversification, it’s wise to review its importance and some examples to gain more clarity.

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12 Aug
Meet Our New Advisor: Olivia Weber

By Olivia Weber

When it came time for me to choose a career path, I knew that whatever job I pursued needed to be in line with my passions. Most importantly, I wanted to serve others; to help people in a tangible way and add value to their lives while building lifelong relationships. I had the privilege of witnessing my mother do just that as she helped countless individuals and families create financial strategies that would have a positive impact for generations. Working as a financial advisor provides me with that same opportunity!

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27 Jul
Exciting Developments at Our Firm in Summer 2021

By Colleen Weber, CFP®, CPA

I am so pleased to share with you two new developments at Colleen Weber CPA, CFP this summer. To my great delight, our company has been recognized as a top firm by Accounting Today magazine, which is a testament to the hard work we’ve done together over the past year. 

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24 Jun
What Are The Benefits Of Using A Fee-Only Financial Advisor?

By Colleen Weber, CFP®, CPA

If you’re currently looking for a new financial advisor, Google has likely already informed you that there are different subsections of advisors based on how they are compensated. There are fee-only financial advisors, fee-based financial advisors, and commission-based financial advisors. So what exactly is the difference? 

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11 May
What Type Of Inheritance Are You Giving To Your Children?

By Colleen Weber, CFP®, CPA

We all want to leave a legacy for our children after we’re gone. But what will that legacy look like? Have you thought about the type of inheritance you’re leaving for your kids? Will it be a gift that ensures their security for years to come, or a mess of assets, liabilities, and confusing records that takes years to sort out?

If you plan to pass your wealth to your children, I think it’s important to make the transition as smooth as possible. While your children will likely be overwhelmed with grief, they shouldn’t have the added stress of working through a chaotic inheritance process. Incorporating comprehensive legacy and estate planning can make this process much easier.

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05 Apr
The Benefits Of Working With A Fiduciary

By Colleen Weber, CFP®, CPA

There are financial advisors everywhere you turn. The problem is not finding one, but finding the right one—someone you can trust to provide honest advice and help you achieve your goals.

Unfortunately, whether someone calls themselves a financial advisor, financial planner, wealth manager, or financial consultant, it doesn’t tell the consumer anything about the standard to which the advisor is held. This can be incredibly confusing for many people. It’s important to not look for a particular job title but ask your current or prospective financial advisor whether or not they are held to the fiduciary standard. Only then will you know if the advisor truly has your best interests at heart.

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