Starting A Business As A Single Parent (Apr 11, 2018)

Deciding to start your own business is always a bold move. While the thought of being your own boss is alluring, the reality is that it takes a lot of time, energy, and planning to succeed.

As a single parent, the challenge is even greater. You’ll have to juggle both your business and family needs – and still find time for you. Planning is key. SageVest Wealth Management’s President, Jennifer Myers, recently discussed some of the unique considerations for single parent entrepreneurs in Chase’s ‘Resilient America’ article, ‘6 Things Single Parents Must Do To Launch A Business’.  

Note: SageVest Wealth Management is an independent, fee-only wealth manager and financial planning firm. We receive no compensation or incentives and, as a fiduciary advisor, are legally required to always place your best interest first. Find out more about who we are and the services we offer.

Tax Reform May Prompt State Migration (Mar 5, 2018)

As a top-ranked wealth management firm, SageVest Wealth Management prides itself on providing our clients and others with timely and knowledgeable information on a broad range of personal finance and investment management topics.

In response to the sweeping US tax reforms that recently took effect, we’ve offered guidance from a range of different perspectives. Most recently, Jennifer Myers was quoted in Bloomberg News, discussing how new state tax deduction limitations may have widespread and unintended consequences for states, businesses, and individual employees. Read more in ‘New Tax Laws May Make It Easier To Woo Talent To Low-Tax States’.

How To Avoid Family Inheritance Squabbles (Nov 17, 2016)

Discussing your wealth and your wishes with loved ones in advance is essential to safeguarding both your requests during your lifetime and your bequests in the future. Yet it’s typically the single most avoided conversation for most families.

Planning ahead can help define preferences, avoid hurt feelings and confusion, and ensure a smooth transition of wealth to later generations.

Parents don’t need to talk numbers, but should have frank and ongoing discussions that include highlighting any unexpected bequests. Similarly, children shouldn’t predicate their own future on the possibility of an inheritance, but should plan carefully for financial independence on their own terms. SageVest Wealth Management advisor, Michael Fuhr, was recently featured in Forbes, discussing a range of considerations, in their article on this topic: ‘The Shocking Reason Why Siblings Squabble Over Inheritance And How To Prevent It’.

Investing Your Inheritance (Sep 28, 2016)

Receiving an inheritance is generally a time of mixed emotions. The potential of the financial legacy to improve your lifestyle is typically tempered by grief over the loss of someone near and dear.

You can honor your loved one through careful stewardship of the inheritance. There are multiple factors to consider when deciding how best to invest your windfall. Take your time to make reasoned and logical decisions that support your long-term life goals, including retirement. Jennifer Myers, President of SageVest Wealth Management, recently discussed how personal investment tolerance and the size and nature of the inheritance can impact these important decisions, in US News & World Report’s article: ‘How To Invest An Inheritance For A Comfortable Retirement‘.

Retirement Funds And Divorce (Aug 29, 2016)

When a couple divorces, the fall-out can affect your finances too. Retirement funds in particular can prove complex in how they’re divided during the divorce settlement and restructured for the future. Professional financial advice can help preserve your share if you’re the retirement fund owner, or ensure equitable distribution if you’re the other party.  Michael Fuhr of SageVest Wealth Management recently highlighted the importance of retirement fund tax rates during divorce negotiations in US News & World Report’s Investment article: ‘12 Steps To Protect Your Money In Divorce‘.

Keep Calm And Carry On: Brexit (Jun 24, 2016)

Following news from London overnight that Britain has voted to leave the European Union, global financial markets this morning have responded swiftly and sharply. While it’s unclear how the referendum result will ultimately play out, the uncertainty surrounding the UK’s decision to leave the EU has led to widespread market volatility.

As with any sudden market movements, SageVest Wealth Management cautions investors to avoid emotional reactions and to instead remain focused on longer-term portfolio objectives whenever possible. Jennifer Myers provided some solid and timely advice on weathering market instability early this morning, to NPR’s Marketplace edition: ‘What You Should Do When The Markets Go Crazy’.

Cash Flow For Your Small Business (May 26, 2016)

While it’s the key to your success, managing the finances for your small business can be challenging. SageVest Wealth Management is an experienced and knowledgeable partner when it comes to advising you about wealth strategies that support your needs as an individual and as an entrepreneur.

Jennifer Myers was recently quoted in online source, NCR Silver – Small Business Smarts, discussing the importance of understanding and balancing business cash flow so that your enterprise is well positioned to weather tough times and, more importantly, take advantage of opportunities.

Budget Advice For Those In Their Thirties (May 16, 2016)

As you head into your thirties, you’re probably glad to put some of the uncertainties of the previous decade behind you. You may have finished studying by now and be working to strengthen your financial independence with a steady income or even a business of your own.

Even with this increasing stability, though, it’s important to avoid budgetary temptations. SageVest Wealth Management’s advisor, Michael Fuhr, was recently quoted in US News And World Report’s ‘Top Budget Busters for 30-Somethings’, discussing how to evaluate a home purchase while remaining focused on your overall wealth objectives.

Automated Investment Tools: No Match For Human Advisors (Mar 22, 2016)

Our lives are increasingly governed by technology. Its reach spans every aspect of our daily lives, both professional and personal. This includes our finances.

For young adults, adept with technology, with often simplistic financial planning requirements, and generally without the assets to meet financial advisor minimums, online investment tools may fulfill their needs – at least for the present. For many other people, however, these so-called ‘robo-advisors’ have considerable limitations. SageVest Wealth Management’s Jennifer Myers was recently featured on NPR’s Marketplace, discussing the importance of the human aspect of financial and investment advice as part of a true wealth management approach.

Gifting Money To Loved Ones (Dec 16, 2015)

The holidays are traditionally a time of gathering together and giving, sharing good times and good fortune with family, friends and those we care about. What happens, though, when the gifting is financial in nature and substantial in size?

SageVest Wealth Management’s advisor, Michael Fuhr, was recently quoted in a CNBC article that looks at the impact of large monetary gifts on the lives of the recipients, and discusses the taxable, financial, and long-term planning implications for those generous individuals who make sizeable gifts to their loved ones: ‘Smart Ways To Gift Money During The Holidays‘.