Author: elghoulam

[ad_1] Each year the Midland Daily News asks its readers to help us highlight their favorite businesses. We encourage you to take this opportunity to learn more about this local business or employee that earned the important distinction of Readers’ Choice! Name of Employee/Business: Doak Stolz, branch manager at Stifel and Stolz-Smith Financial Consulting Group, was… Continue reading Doak Stolz has been a financial advisor for more than 35 years

[ad_1] Question:  What suggestions do you have for reviewing, refreshing, and revamping our financial plan for the New Year?    Answer: It’s always a great idea to start the New Year with a focus on financial well-being. Here’s a set of resolutions that may help increase your long-term financial confidence.  Update your beneficiaries Neglecting to… Continue reading Ask the CFP: Financial Resolutions for 2024 | Ask the CFP Practitioner

[ad_1] Aja Koska / Getty Images/iStockphoto We’re in the midst of the “great wealth transfer” — over the next 20 years, baby boomers are expected to pass approximately $72 billion in wealth to heirs that are members of Gen X, millennials and Gen Z. Passing along generational wealth can be a nuanced process, especially for… Continue reading 3 Mistakes Rich Boomers Make When Passing on Wealth

[ad_1] A quarter of a century ago, I began my career as a financial advisor and certified financial planning practitioner, emphasizing deep analysis and technical expertise, earning designations early on and touting my team’s capabilities.  However, after my first decade in the industry I realized that very few clients cared about the intricacies of the… Continue reading Slim down that 80-page financial plan — a New Year’s resolution for advisors

[ad_1] Nicholas Amodio The trick with handling money and finances is: You don’t know what you don’t know. And life can be tough and busy enough in the present without having to constantly worry about planning for the future. This is when consulting with a financial professional like Nicholas Amodio, founder of Amodio Wealth Advisors,… Continue reading A Wealth Of Financial Advice And Planning Services