The Master’s Minute

Helpful Tools and Tips

The Master’s Minute – Maxed Out Your Retirement Account? Here Is What You Should Do Next!

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High earning professionals talk to their financial planner about their maxed out retirement accounts.

For most high-income professionals, the first step in a long-term savings strategy is to fund an employer-sponsored retirement account (such as a 401K or SIMPLE IRA).  There are several ways that you can position the income you have earmarked for retirement savings, often in accounts that have tax advantages, such as Traditional and Roth IRAs, but there are other options as well.   Each of these options offers unique benefits… Read More

The Master’s Minute – What Are Wealth Advisors?

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Couple discussing what are wealth advisors with a professional.

A wealth advisor is your financial architect—someone who understands your vision, creates a personalized financial “blueprint,” and brings in the right professionals to help you build a strong financial structure.   Think of your financial life like building a custom home. You wouldn’t start pouring concrete or picking out countertops without a blueprint.   In today’s blog, we will clear up a few very common misconceptions about financial advisors, explain… Read More

The Master’s Minute – Regular Investment Analysis and You

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Couple with their financial advisor talking about investment analysis, smiling.

Your portfolio may seem to be running at peak efficiency, but how do you know for sure? Regular investment analysis is an essential piece of the puzzle. Personal financial planning, or business planning, will always be the primary focus of our relationship with you. Does that make our investment management unimportant? Certainly not! Perhaps you can think of it this way: financial planning is “the vehicle” that gets you where… Read More

The Master’s Minute – The Why & How of Modeling Financial Habits for Kids

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Couple showing their child good financial habits, using a pink piggy bank.

Recently, my child, a high school freshman, started a personal finance class at school. As a parent, I’m thankful she has the opportunity to increase her financial literacy in a structured way. Although, it reminds me that many financial lessons are learned through the course of daily life. Some adults have not been taught financial literacy, and for them, those lessons can often be learned the hard way. Why We… Read More