470 W. 78th St Suite 200, Chanhassen, MN 55317
Call Me Today: (952) 470-0750
02 Feb
Can a Financial Advisor Facilitate a Happy Marriage?
Can a Financial Advisor Facilitate a Happy Marriage?

By Colleen Weber, CFP®, CPA

Happy marriages are built on a foundation of love, commitment, and shared dreams. But what about financial harmony? Before saying “I do,” most couples don’t think to discuss their financial goals and spending habits. We all know money is a topic that often leads to heated disagreements and stress in relationships. It’s even a leading cause of marital discord. When marriages are struggling, it’s common for couples to call on a therapist to help resolve their issues. But if one of the main issues is money, could a financial advisor help foster a happier and healthier marriage? 

In this article, I explore the benefits of utilizing the support and guidance of a financial advisor to help promote financial compatibility, open communication, and shared financial goals in marriage. 

Read More “Can a Financial Advisor Facilitate a Happy Marriage?”
04 Dec
5 Steps to Align Your Values With Your Financial Goals
5 Steps to Align Your Values With Your Financial Goals

By Colleen Weber, CFP®, CPA

Have you ever found yourself obligated to do things you didn’t really want to do? As kids, adults often dictate our choices, and as teenagers, we anticipate that adulthood will bring total freedom. But then reality sets in when we realize that being an adult comes with its own set of responsibilities, like the early-morning work routine or grocery shopping trip when the fridge is bare.

When it comes to your finances, you may be wondering how you can feel more in control of your money. The easiest way is to match your money with your values. Your values are like your compass, guiding you toward what’s most important. When your money mirrors who you are and what you believe, you’ll feel like you’re the master over your money, steering your own ship. But how can you make your money align with your values? Here are five easy steps.

Read More “5 Steps to Align Your Values With Your Financial Goals”
09 Oct
Should You Participate in Your Employee Stock Purchase Plan
Should You Participate in Your Employee Stock Purchase Plan?

By Colleen Weber, CFP®, CPA

Employers work to attract and retain top talent, and a competitive benefits package is a powerful tool in reaching this goal. Benefits such as health insurance, retirement plans, and even amenities like an on-site gym can be compelling factors that influence people to choose and stay with an employer. One option, called equity compensation, is gaining increasing popularity as a form of compensation, particularly among employees of publicly traded corporations. Let’s discuss the details of an ESPP to help determine if it’s a good fit for you.

Read More “Should You Participate in Your Employee Stock Purchase Plan?”
08 Sep
2023 Midyear Market Update

By Colleen Weber, CFP®, CPA

As we find ourselves beyond the midpoint of 2023, now is an ideal moment to assess the various economic factors that impact both our economy and your investments. Following a demanding 2022, the initial six months of this year have shown encouraging progress in numerous sectors. Let’s take a comprehensive perspective on these domains and consider how you can prepare for the latter half of the year and the months ahead.

Read More “2023 Midyear Market Update”
07 Aug
The Gift that Grows
A Gift That Grows Tax-Free Forever: Roth IRAs for Kids and Grandkids

By Colleen Weber, CFP®, CPA

For high-net-worth families, transferring wealth to the next generation in a tax-efficient way can present new challenges to your financial plan. The complexities of income tax, capital gains tax, estate tax, and generation-skipping transfer tax can make it feel daunting to leave a meaningful legacy for your loved ones without burdening them with high tax obligations.

The good news is there are strategies available to simplify your estate plan and bestow upon your children and grandchildren a gift that enjoys tax-free growth indefinitely. Keep reading to explore how Roth IRAs can be a key component to help you leave a lasting and tax-efficient legacy for the next generation.

Read More “A Gift That Grows Tax-Free Forever: Roth IRAs for Kids and Grandkids”
29 Jun
7 Strategies
5 Strategies for Saving Taxes in Retirement

By Colleen Weber, CFP®, CPA

Retirement is a time to relax, enjoy the fruits of your labor, and savor the freedom that comes with no longer punching the clock. However, it’s also a period that requires careful financial planning to enjoy a comfortable and worry-free future. 

One crucial aspect of retirement planning is finding strategies to save on taxes. By implementing smart tax-saving techniques, you can maximize your income, preserve your savings, and enhance your overall financial well-being during your golden years. Let’s delve into the importance of saving taxes in retirement and how it can positively impact your financial stability.

Read More “5 Strategies for Saving Taxes in Retirement”
01 Jun
Is Investing in a Single Company Worth the Risk?

By Colleen Weber, CFP®, CPA 

You’ve probably heard the phrase “Don’t put all your eggs in one basket.” The more I’ve helped people manage their finances, the more I’ve seen how true this is. Most advisors will tell you that diversification is the best way to structure your investments, but what about that company that seems to be the next big thing? We want to get on the hype train and start buying up stocks in that company, right? But here’s the quite literal million-dollar question: How much stock from one company is safe to own? 

Now, there’s no easy answer to that question, but there’s no denying that when you concentrate your investments on an individual stock, the risk goes way up. Let me show you why.

Read More “Is Investing in a Single Company Worth the Risk?”
03 May
Friends and Family
Do Your Friends and Family Need Financial Guidance? We’re Here to Help.

By Colleen Weber, CFP®, CPA

The market has many people frustrated, and the economic forecast appears to be predicting more of the same. But just because the market isn’t performing well doesn’t mean your finances have to follow suit.

As our client, you understand this, and with a financial plan already in place, you no longer need to lose sleep over rising interest rates, inflation, or an impending recession. You know that working with a trusted financial advisor reduces the impact negative global events can have on your finances. 

The question is, could someone you know benefit from a partnership like this as well?

Read More “Do Your Friends and Family Need Financial Guidance? We’re Here to Help.”
11 Apr
Don't Let Your Emotions Control Your Wealth
Don’t Let Your Emotions Control Your Wealth

By Colleen Weber, CFP®, CPA

Our finances tell a story—and as every author knows, a good story has a well-developed beginning, middle, and end. 

But if you let emotions write your financial story, you could be in need of some revisions.

Whether we know it or not, we all subscribe to our own money script. Let’s take a look at what that means, how we can flip the script, and ultimately take emotions out of the equation.

Read More “Don’t Let Your Emotions Control Your Wealth”
14 Mar
SVB & Signature Bank Collapsed: Why Banks Fail & How to Protect Your Savings

By Colleen Weber, CFP®, CPA

Banks play a vital role in the economy, providing individuals and businesses with access to cash, credit, and other financial services. Despite their importance, however, banks can fail. And when they do, the effects often cause panic in the wider economic environment. 

Read More “SVB & Signature Bank Collapsed: Why Banks Fail & How to Protect Your Savings”