According to AARP, almost two-thirds of women between the ages of 40 and 79 have experienced a significant financial transition (source). These transitions typically include things like divorce, widowhood, or retirement. Life transitions can be very unsettling, whether expected or unexpected and create emotional challenges and financial challenges for women. Men face these transitions, too,…
Are you prepared for what to do if you acquire sudden wealth? Selling your company, benefiting from an IPO, inheriting a large sum of money, winning a lawsuit, or receiving a lump sum from a divorce are all events we call ‘sudden wealth’. Unfortunately, many people are not prepared for the stress sudden wealth brings…
Divorce is a complex process that affects just about every aspect of your life, from financial to emotional, physical to legal. For affluent couples with ultra-high net worth, the complexity is high, and the stakes are even higher. You will be making some of the most difficult and important financial decisions of your life during…
With the current market volatility and economic uncertainty we are facing in our nation currently, many people find themselves stressed about money and their financial situation. During times like these, it’s easy to either lose focus on investing or become hyper focused on investing. Your situation is unique, and there is no one size fits…
High Net Worth Individuals (HNWI) often have higher risk exposure and more complex insurance requirements. HNWIs are sometimes more prone to legal action from those who seek to gain a profit from their wealth, or in some cases, even targeted because of their wealth. Unfortunately, HNWIs are often underinsured, as many have obtained first-generation wealth,…