What is Non-Fiduciary: Understanding the Basics

Non- Fiduciary

Non-fiduciary advisors, in stark contrast to their fiduciary counterparts, operate under a different set of ethical and legal obligations when providing financial guidance. Unlike fiduciaries who are bound by law to prioritize their client’s best interests, non-fiduciary advisors may not be held to the same stringent standard. Essentially a non-fiduciary advisor is not legally obligated … Read more

What is Generational Wealth?

Generational Wealth

People often discuss generational wealth in conversations about financial planning and wealth management. It involves accumulating and passing down wealth from one generation to the next. Typically, individuals create this kind of wealth through investments, real estate, and other assets that increase in value over time. One of the key benefits of generational wealth is … Read more

High-Net-Worth and Ultra-High-Net-Worth Wealth Management


High-net-worth and ultra-high-net-worth wealth management are specialized financial services that cater to individuals with significant wealth. These services are designed to help clients manage their wealth, protect their assets, and achieve their financial goals. High-net-worth individuals typically have a net worth of between $1 million and $10 million, while ultra-high-net-worth individuals have a net worth … Read more

What is Financial Planning? A Clear and Neutral Explanation

Financial planning is the process of managing one’s finances to achieve specific financial goals. It involves creating a roadmap for a person’s financial future by taking into account their income, expenses, assets, and liabilities. Financial planning helps individuals and families make informed decisions about their money, such as how much to save, how to invest, … Read more

What is a Beneficiary? Understanding Beneficiaries


A beneficiary is a person or entity who is designated to receive the proceeds or benefits from a financial account or insurance policy upon the death of the account holder or policyholder. This can include bank accounts, investment accounts, retirement accounts, and life insurance policies. The beneficiary is typically named by the account holder or … Read more

What is Tax Planning? A Comprehensive Guide

Tax Planning

Tax planning is an essential aspect of financial management that involves the analysis of a person’s financial situation to minimize tax liability. It is not the same as tax evasion, which is illegal and involves the use of illegal means to avoid paying taxes. Instead, tax planning involves the use of legal means to minimize … Read more

What is Philanthropy?

What is Philanthropy

Philanthropy is a term that is often used but not always understood. At its core, philanthropy refers to the act of giving to others for the betterment of society. This can take many forms, from donating money to a charitable cause to volunteering time and expertise to help those in need. While philanthropy has been … Read more