Updates

Southern California's Top 5 Wealthiest Neighborhoods

Looking for Your Next Property? Here are Southern California’s Top 5 Wealthiest Neighborhoods

Using census data from the period of 2006-2010, a study revealed the richest neighborhoods in the United States. Comparing metrics such as average household income and property values, it should be no surprise that many of them are located in California. Coming in high on the list were coastal communities located in the Los Angeles and San Diego areas. The entertainment industry, balmy weather, white sandy beaches, and palm trees […]

Continue reading
How long will your financial legacy last

How Long Will Your Financial Legacy Last?

If you are like most people, the ultimate motivation for working hard and building wealth is to provide a good life for your family and to create an enduring legacy for future generations. The question is how many years will your money last, assuming your children and their children are able to provide their families with the same advantages they enjoyed growing up? The time and effort you put into […]

Continue reading
Your personal financial risk management checklist

Your Personal Financial Risk Management Checklist

Whether you inherited your wealth or earned it yourself, the way you manage it now is critical to your future financial health. Any number of unexpected circumstances, from a sudden devastating illness to a precipitous drop in the stock market, can take a heavy toll on your personal finances. Developing a strong risk management strategy is one of the best ways to safeguard your money. All investments maintain a relationship […]

Continue reading
How do the ultrawealthy spend their free time?

How Do the Ultra Wealthy Spend Their Free Time?

We are all familiar with the old adage, “money can’t buy you happiness,” but there is a common misperception that the ultra wealthy are satisfied spending their lives making and counting their millions. This couldn’t be further from the truth. A recent study published by Wealth-X examined the interests, passions, and hobbies that highnet-worth individuals (HNWI) enjoyed most when they were not busy working. The study revealed that though there […]

Continue reading
Is Digital Currency Being Used by Wealthy Individuals?

Is Digital Currency Being Used by Wealthy Individuals?

In general, wealthy folks are more open to taking risks with non-mainstream investments because their portfolio is diversified and deep enough to withstand the volatility of high risk/high reward investing. Yet many affluent individuals continue to be wary of investing in cryptocurrency. This may be partly due to the fact that the first form of digital currency, Bitcoin, was introduced just over a decade ago, and questions remain about whether […]

Continue reading
Cyber Security is a Top Priority for My Clients: Here's Why

Cyber Security is a Top Priority for My Clients: Here’s Why

Owning a business in the digital era has changed the way we think about how to keep our company safe. With the fact that we now store and transfer sensitive information online, protecting your business assets and customer data from falling into the hands of computer hackers requires constant vigilance. The importance of cyber security has grown in response to the enormous amount of information that is maintained in digital […]

Continue reading
How to save money for your grandchildren

How to Save Money for Your Grandchildren

One of the greatest joys in life is becoming a grandparent. When your adult children start having kids of their own, you will quickly realize that spending time with their babies is a lot more fun than being the one with the child-rearing responsibilities. That said, most grandparents still want to help in any way they can by spending time with their grandkids and/or saving money for their future. Every […]

Continue reading
HNW Tax Problems

Tax Problems for Affluent Investors

While everyone is subject to taxation on income and investment earnings, high-net-worth individuals pay proportionately higher taxes than their peers in lower income brackets. Consulting with a tax advisor before deciding how best to invest your money can be a critical step in limiting your tax burden. Better yet, a coordinated effort involving anyone who is advising you on how to manage your assets, such as financial advisors, tax attorneys, […]

Continue reading
How Long Can Family Wealth Last

How Long Can Family Wealth Last?

Protecting existing assets, such as money, a business, properties, and stock market investments is an important way to ensure your wealth is passed down to future generations. With proper financial planning, heirs will benefit from the hard work and fiscal responsibility you practiced in your lifetime. Along with affording a comfortable lifestyle or status, wealth you leave to your children and grandchildren can increase their ability to be successful through […]

Continue reading
Estate Planning During The Pandemic

Estate Planning Becomes Even More Important During a Pandemic

The U.S. is seeing a steady growth of coronavirus cases as well as explosive increases in deaths. California just became the first state to add more than 30,000 new cases in one day, with Los Angeles County setting a record on December 10th with 12,600 new cases. The COVID pandemic reported in February 2020 will still be with us as we head into 2021. Even though there is hope on […]

Continue reading