It would be a nightmare for any large publicly traded American company but imagine the effects of a cyber attack on the security of major casino/resorts based in Las Vegas. The attackers are reported to have found, for example, credit card information and social security numbers of customers. You have…

Authenticity and trust matters in wealth management so firms to should embrace video marketing but it’s also important to not get it wrong If there was one lesson learned over the last three years of the pandemic, it’s that video can take care of most — but not all —…

On September 15, more than 12,000 autoworkers from the United Autoworkers Union (UAW) walked off the job as contract negotiations with Ford, GM, and Jeep-maker Stellantis have yet to produce a new contract for the 146,000 active union members at the three companies. UAW workers’ pay has increased just 6%…

Bond prices dropped Thursday morning after Wednesday’s Fed statement that no change would be made in interest rate policy, leaving open the chance of rate increases later this year and early next year. The expectation that interest rates would be headed higher is leading to the selling of Treasuries. This…

There’s a pretty famous book by Dr. Gary Chapman that was all the craze where you can learn your love language so you can better communicate with your partner as to how you best give and receive love. When it comes to how you handle your money, there are love…

Many individuals and families contemplate establishing a private foundation as a means to give back to their communities or support causes close to their hearts. By utilizing a foundation, they can make charitable donations, finance initiatives, and back nonprofit organizations. While these objectives can also be achieved through donations to…

In recent years, Family Offices worldwide found themselves struggling to retain their key employees. Family Office professionals often come from the benchmarked environments of financial or professional services, hence they are accustomed to a consistent and comparable compensation structure. In order to retain these professionals, Family Offices must compensate them…

Jones v. Jones, No. 21-P-655, 2023 WL 5729650 (Mass. App. Ct. Sept. 6, 2023) is a recent case that has implications for estate planning and asset protection planning. In this case the wife and the husband were married in Michigan in August 1998 and had two children together. They did…

You’re not your grandfather’s financial advisor. The remit of advisors has been forced to adapt to a changing world and new client needs. This seismic shift, from a laser focus on assets directly under an advisor’s management to a holistic approach to monitoring wealth, is one that has benefited everyone,…

One only needs to glance at the headlines to see the huge potential liabilities facing the insurance industry: wildfires in Hawaii, a hurricane threatening California (the first in 84 years), and record flooding in New England. As of August 8th, according to NOAA, there were 15 billion-dollar disasters in the…