470 W. 78th St Suite 210, Chanhassen, MN 55317
Call Me Today: (952) 470-0750

Blog

13 Dec
2022-12_Wishing You Happy Holidays From Our Team - 2022 -2
Wishing You Happy Holidays From Our Team!

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. 

Read More “Wishing You Happy Holidays From Our Team!”
15 Nov
2022-11_If I Could Only Teach Two Financial Lessons
If I Could Only Teach Two Financial Lessons

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

Read More “If I Could Only Teach Two Financial Lessons”
26 Sep
Restricted Stock Planning- What You Need to Know
Restricted Stock Planning: What You Need to Know

By Colleen Weber, CFP®, CPA

Executives are not compensated in the same way as regular employees. Their income is usually tied heavily to the value of their company because their compensation packages commonly contain restricted stock, not to be confused with restricted stock units (RSUs). Because of the complicated nature of restricted stock, employees who receive them need to plan ahead to consider the tax implications. Let this serve as a guide when planning to get the most value out of your restricted stock.

Read More “Restricted Stock Planning: What You Need to Know”
21 Jul
5 Smart Money Moves to Make When You Receive a Windfall

By Olivia Weber

What would you do if you received a sudden, unexpected chunk of change? Most of us could probably come up with a pretty long list of things we would like to spend that money on. But if you aren’t intentional about what you do with your extra cash, you could follow in the footsteps of many lottery winners who squander their winnings and end up unhappy and broke.

Read More “5 Smart Money Moves to Make When You Receive a Windfall”
31 May
Is a Downturn On the Horizon_ How We Watch Over Your Money
Is a Recession on the Horizon? How I Watch Over Your Money 

By Colleen Weber, CFP®, CPA

Is the state of the world making you feel unsettled? It seems like things are constantly changing and we’re just waiting for the other shoe to drop. If you’re like most people, living with this level of uncertainty day in and day out can be stressful. But as much as we may not like living with instability, the market likes it even less. 

Read More “Is a Recession on the Horizon? How I Watch Over Your Money “
26 Apr
Understanding Incentive And Non Qualified Stock Options copy
Understanding Incentive and Non-Qualified Stock Options

By Colleen Weber, CFP®, CPA

Have you ever wanted to own your own company—but without the hassle of starting, building up, and managing that company? Well, if your employer offers stock options as part of their benefits package, this dream could become a reality. Many employers offer stock options to their employees as a way of fostering a greater sense of ownership and encouraging long-term commitment. But knowing what types of stock options are available and what to invest in can be a little overwhelming. In this article, I will outline the two common types of stock options offered to employees: incentive stock options (ISOs) and non-qualified stock options (NSOs).

Read More “Understanding Incentive and Non-Qualified Stock Options”
14 Feb
Why You Should Consider Sending Your RMDs Straight to a Charity

By Colleen Weber, CFP®, CPA

“Giving is not just about making a donation. It is about making a difference.” (1) This quote strikes a chord with me, and I bet it does with you as well. You recognize that the world extends beyond just you and your family and you want to leave your mark on it. You are grateful for the opportunities you have received and want to pass it forward in a meaningful way. 

Read More “Why You Should Consider Sending Your RMDs Straight to a Charity”
25 Jan
What Should You Do About Inflation and Stock Market Volatility?

By Colleen Weber, CFP®, CPA

After a three-year rally, the financial markets have been down for seven straight days, marking their worst slide since the pandemic decline in March of 2020. (1) Monday’s market dip put the S&P 500 down over 10%, which is officially called a “correction” on Wall Street. (2)

In addition to the stock market decline, inflation has been causing concerns. Because inflation is reaching 40-year highs, it is expected that the Federal Reserve will begin raising interest rates in the spring, which could potentially slow the economy. (3)

Investors are understandably nervous about their investments and their purchasing power. If you are worried about your portfolio, you’re not alone. But during stock market volatility, it’s important to keep a level head to avoid financial mistakes.

Read More “What Should You Do About Inflation and Stock Market Volatility?”
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. 

Read More “Don’t Leave the IRS a Tip: The Importance of Tax Planning and Reviewing Your Return”
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)

Read More “What’s Going on With Inflation? 3 Reasons Why It’s Here to Stay”