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.

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.

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.

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.

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?

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.

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. 

By Colleen Weber, CFP^®, CPA

Tax season is here, and many are already feeling the stress that comes from sifting through the complexity of the tax code. However, with the right knowledge and resources, you can get the support you need to take advantage of available deductions and keep more of your hard-earned money. Read on for 6 of the most commonly overlooked deductions that can help you save on your tax return and put more in your pocket.

By Colleen Weber, CFP^®, CPA

Happy Holidays! After another year filled with volatility, I’ve never been more grateful to have clients like you. I appreciate your continued trust in me and the opportunity to provide an exceptional experience. It is my goal to help you feel confident in your future and prepared for whatever comes your way. I hope you’re able to ring in this holiday season with peace and joy, knowing that I’m watching out for you and your finances. 

By Colleen Weber, CFP^®, CPA

As both a Certified Public Accountant and a CERTIFIED FINANCIAL PLANNER™ professional with over 15 years of experience in the industry, I’ve spent my entire professional career learning as much as I can to better serve my clients. Because of this, I often get asked about my top pieces of financial advice. Clients are usually surprised to hear that out of all the fancy investment vehicles, tax-planning strategies, and insurance products out there, my top two financial lessons have less to do with specific products or investments and much more to do with having the right mentality. So, if I could only pass on two pieces of financial advice, I would say: Drown out the noise and take emotions out of your financial plan.