While the Tax Cuts and Jobs Act of 2017 impacted everyone when filing tax returns last April, it also opened the door to make changes to people's estate plans. One current issue potentially impacting people are those with Trusts that...Read More
Have you ever gone to a nice restaurant, enjoyed a delicious meal and then tried to make that same meal at home? Many of us probably have! But if you’re like me, halfway in you realize there is so much more to it than you thought, it turns into a complex and timely process and it doesn’t come out as well. There are reasons those meals in restaurants taste so good – the chefs have had years of training and practice.
Similar to cooking, money management can be complex as well. Rarely are there simple answers or strategies and usually challenges arise requiring adjustments to be made. Like a highly trained chef selecting and blending ingredients and methods of preparation to create a meal just for you, a financial advisor should listen to your goals and then use their knowledge to prepare a mix of financial instruments to create a customized plan for your needs.
Throughout my life, I have enjoyed both learning to cook and helping people with money. In combining these two passions together we hope to bring a menu of ideas to both your dining table and your wallet.
Mike Spieler, Owner, Sherpa Financial Advisors
Last month I attended our annual Strategic Financial Alliance (SFA) conference. For those that are not familiar, SFA is our broker dealer - the firm through which Sherpa can provide a full range of products and services and which helps...Read More
As a successful person with big goals, you require truly valuable financial advice that maximizes your ability to achieve your most important personal and professional financial objectives. That means you need to work with...Read More
If you’ve amassed sizable wealth, or are on the right path and getting there, it may be time to consider how to pass on some of that money to children and grandchildren—without creating big problems that could harm their...Read More
What would happen if you or your child caused a car accident that resulted in serious injuries or thedeaths of others? How would you pay for the treatment and damages of someone who was hurt in your home and claimednegligence? What...Read More
Many successful families use trusts to minimize taxes, transfer wealth and protect assets from creditors and others. You may have already set up a trust, or you may hold an inheritance you received in a trust that was created decades...Read More
With all the ups and downs we're seeing in the market these days, we realize many people might be feeling anxious and have questions about if they should be making changes to their investments. As you know, while past performance is no...Read More
One key way to build serious wealth—whether in a business or your everyday life—is to effectively and consistently negotiate deals that are good for you and your bottom line. Ideally, everyone walks away from a negotiation...Read More
Being named the executor of a family member’s (or other loved one’s) estate is, in many ways, an honor. The decision shows that the person saw you as a highly trustworthy, capable person of integrity. But it’s also a...Read More
In honor of Valentines Day, I thought a candy recipe would be timely and helpful if you are still trying to figure out how to celebrate celebrate those you love. In fact, this is fun (and much faster) to do as a group so you could even...Read More
Getting your family involved in charitable giving can create a powerful legacy A growing number of successful people have a strong urge to “pay it forward” by financially supporting causes and organizations that are near...Read More
For so many of us, family is paramount. You probably expect to use your wealth to take care of your family in the here and now—health care, travel, college tuition and the like. But chances are you haven’t thought nearly...Read More
As the old adage says, stocks like a good economy (investors are willing to take on more risk for the potential returns) and bonds like a bad economy (investors shift to safer investments like bonds). So, where are we? The US stock...Read More
It’s time to tackle the final three topics from this series! In Part 3, we’re covering teaching your kids to manage money (Entitlement reform), reducing healthcare costs (Healthcare), and communication with your spouse about money...Read More
We hope you enjoyed and found Part 1 of this series informative. As a reminder, in spirit with the upcoming elections, I've arranged a personal finance metaphorical slant to the political issues being discussed. Each week I will be...Read More
In spirit with the upcoming election, I thought I’d put a personal finance metaphorical twist on some of the more hotly debated issues and, unlike many politicians, provide some real answers that actually mean something to you! Every...Read More