What Would Make You Switch Financial Advisors?

When’s the last time you thought about the relationship you had with your financial advisor?
For most people, that’s not something that regularly crosses your mind. As long as your portfolio performs well and your advisor picks up when you call, there’s not much you should be concerned about, right?
Wrong.
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Could a Threat to Your Financial Well-Being be Lurking in Your Backyard?

Think about the last time you thoroughly examined your financial portfolio: did you assess all potential risks? Chances are you overlooked liability when conducting your financial review. Continue reading

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A Hidden Risk That Could Sink Your Financial Portfolio

How often do you look at the specifics of your insurance coverage as it pertains to your overall financial health? When’s the last time your financial advisor spoke to you about your insurance needs?

This is especially important for successful individuals and families, as many may have inadequate existing coverage or lack coverage entirely. If a catastrophic event were to occur involving your home, you could be paying out of pocket if the expenses exceed policy limits.
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An Often Missing Dimension in Holistic Financial Advice

When was the last time you took a look at your insurance policies?

If you’re like the majority of folks, probably not very recently. Unfortunately, this could mean that your finances are not as protected as you may believe. Consider the fact that, over time, your wealth slowly builds, and properties and non-financial assets are accrued. As a result, your insurance coverage may need changed, and what worked last year might not work this year.
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Holiday Gift-Giving Safety Tips

The holiday season is a time filled with family, friends and gift-giving. But many popular gifts can inadvertently introduce new risk to you and your recipient’s homes and wallets. To avoid being the holiday gift giving Grinch, here are a few things to keep in mind when purchasing gifts for friends and family. Continue reading

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A Major, but Under-Appreciated, Risk

Hiding in your home is an unforeseen – and often overlooked – risk that may cause major stress, disruption and financial loss. The culprit? Water damage.

Regardless of your home’s location, be it on the coast, a flood-prone area or inland, water damage poses an enormous risk to your home and valuables within. In fact, water damage is seven times more likely to occur than a fire and six times more likely than a burglary – and more than half of homeowners who experienced water damage in the past two years reported spending over $5,000 in repair and clean-up costs, with 15% of respondents spending $20,000 or more, according to a Chubb survey.
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The Hidden Risks of Holding Assets in Trusts and LLCs

It’s not uncommon for assets such as homes, boats or other properties to be placed into trusts and limited liability corporations (LLCs). However, these vehicles can present unexpected risks if inadequately or improperly insured – or inadvertently, not insured at all. Continue reading

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What to Know Before You Go: When Your Travel Plans May Involve Danger

In the past, many American travelers divided the world into two categories: “safe” and “unsafe” zones. Today, however, this line is becoming less defined as more Americans are traveling to areas around the world that were previously perceived as risky, … Continue reading

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While You’re Away, Cybercriminals Will Prey

Summer is a great time to get away and relax, but for many, safety remains a number one concern. In fact, 72% of U.S. travelers say they would pay more for vacation if they could ensure greater security, as well as … Continue reading

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Is Your Home Ready for Summer Travel Season?

Summertime is just around the corner, and many Americans are packing their suitcases and finalizing itineraries for a much-desired vacation. But with a burglary taking place every 10.5 seconds, 60 percent of which occur in residential properties, it is vital … Continue reading

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