“This fabled golden era, this special world of luxury and privilege that the Vanderbilts created, lasted but a brief moment. Within thirty years after the death of the Commodore Vanderbilt in 1877, no member of his family was among the richest people in the United States…. When 120 of the […]
Gonzalo Garcia – My wife and I own a lake-front house, and we love spending time there. However, our two adult children rarely enjoy it for a variety of reasons. I am sure they will sell it when they inherit the house. The house has no mortgage and during the pandemic, like so […]
It seems that a lot of financial pundits are talking and writing about taxes and widening budget deficits lately, specifically about the impact of taxes during retirement. Over the summer, many of them have caught my eye. I am not sure why suddenly people are realizing that tax efficiency is critical […]
In a recent article in Kiplinger Personal Finance, author Evan T. Beach, CFP® AWMA® provides his perspective and answer to the question, If You’re Retired, Do You Still Need Life Insurance? Evan does a nice job at saying “it depends”, gives us the math and then tells the story of a […]
Gonzalo Garcia – In May, during the AgencyONE Annual Advanced Markets & Underwriting Symposium, I had the privilege of listening to Jim Farmer from Financial Strategies Group present on Brackets, Buckets and Buffers. His presentation resonated so much with me that I had to write this article. Jim is a […]
Gonzalo Garcia – We most often think of wellness in the context of our health and there is a lot written about “wellness” these days, certainly in these post-pandemic times. The focus on health and wellness has never been more evident. The Global Wellness Institute defines wellness as “the active pursuit of […]
Gonzalo Garcia – In a recent article in Kiplinger Personal Finance, author Evan T. Beach, CFP® AWMA® provides his perspective and answer to the question, If You’re Retired, Do You Still Need Life Insurance? Evan does a nice job at saying “it depends”, gives us the math and then tells the […]
Gonzalo Garcia – Every morning I read financial journals and various news publications to keep abreast of what is happening in the financial services industry, and regardless of the day of week or publication I review, the concept of “holistic wealth management” or “holistic financial planning” continues to emerge as […]
Gonzalo Garcia – I am probably going to catch a LOT of grief for this article, but frankly, I really don’t care. I am trying to look at the numbers as impartially as I can and would welcome a math lesson if I have this wrong. For the record, I am a […]
Two TRILLION dollars is an unfathomable amount of money. It represents the value currently held inside of deferred annuities, and it is very likely that you have a client (or ten!) that is counted in this sum. Furthermore, a Gallup poll found that 73% of clients who hold nonqualified annuities view […]