At Blair Hall Advisors, we realize that maturing has its challenges. In the mix of all the many things that are changing, it can be easy for a retired investor—and their adult children—to lack an appreciation for how an older person’s wealth management situation may evolve.
We’ve seen four common, often concurrent scenarios and have a recommendation for each.
If you are like so many U.S. investors, you can’t help but be a little worried this holiday season. Domestic equity markets have been more turbulent recently than at any time since the 2008 financial crisis. You are probably also busy trying to enjoy the season, so we’ll keep this brief.
Designed especially for friends, family, and associates of our network
Maybe someone you know has serious doubts about their current financial strategy—it’s not uncommon. Or perhaps they are going through an important life or financial event, such as: sale of a business or real estate • retirement • passing of a loved one • benefit of an IPO, inheritance, or insurance settlement • divorce • receipt of concentrated stock.
We have seen that many affluent investors value a second opinion on their finances.
At Blair Hall Advisors, we've seen both clients and friends wrestle with the challenge of concentrated equity positions, so we put these thoughts together to share.
Perhaps it’s stock from your employer, the result of an inheritance, or an investment you’re particularly bullish about. Here we’ll explore the potential perils of and approaches to being concentrated….
Editor's Note: As of May, 2018, the so-called Fiduciary Rule seems to be permanently on hold. Financial companies have successfully sued to stop it; the Department of Labor is choosing not to defend it; and the courts have declined to give the States standing to pursue the matter. We may write a new article discussing this important subject matter in the future. In the meantime.... Blair Hall Advisors continues to function as a fiduciary for all our clients always. Our original article remains below.
Blair Hall Advisors is pleased to announce that John Correia has joined the firm as a Wealth Manager and Investment Strategist.
“John brings a broad skillset, tremendous experience, world-class education and training—and so much more—to Blair Hall Advisors,” says Founder and Managing Partner, Tom Gerson. “Most important, he’s a person of great character. I am so delighted that he’s joined forces with us.”
We do believe that more work needs to be done by governments, companies, and individuals to take better care of our planet. So we have taken steps to make environmentally conscious investing more readily available to our clients.
“Stocks” and “bonds”—these two words roll off the tongue of the average U.S. investor as if they were as interchangeable as your options for fruit at lunch.
But they’re not. They are more like “chickens and oranges.” And this mistaken identity, we would argue, is to blame for the misguided prominence of bonds in many people’s long-term investment portfolios, whether self-managed or assisted by some advisor.
A well-managed investment portfolio is like a beautiful garden: it may look simple and serene, yet it is the product of thoughtful planning as well as attentive maintenance. The difference is that all of us can see whether a garden is founded on good design, intelligently executed, while few of us know how to tell when an investment portfolio reflects careful planning.
At Blair Hall Advisors, we are constantly reviewing the work of other advisors, and we’ve noticed a few things a layperson can look for. If any of these common warning signs describes your advisor’s work, you might not be getting the financial advice you need.
Is there a young professional in your life who could use some thoughtful career and financial tips? We have seven important tips that we think every young professional should be aware of, straightforward ideas to help people think about and manage their career and finances.