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Inheriting the Family’s Finances: Helping Boomer Women Survive Financial Transitions

As the baby boomer generation ages, women outlive their husbands more often than not. Too often, the couple’s financial advisors sit across from aggrieved widows who were not involved in money decisions. In this situation, what can boomer women (and their advisors) do to ease the pain and burden?


$30 Trillion Wealth Transfer: Most Advisors Miss This Critical Step

It is likely that Boomer women were largely uninvolved in their family’s finances throughout their lives. Males and females tend to have different priorities when it comes to managing their finances, and a woman advisor can be invaluable in helping to cater to these needs and make women feel more comfortable throughout the process.


FASB revenue recognition TRUMP

New Revenue Recognition Standards to Impact Wide Array of Business Practices

The Financial Accounting Standards Board (FASB) recently changed revenue recognition standards, introducing many new aspects that accountants need to understand as they advise their clients in 2017.


Banks Not Trustworthy

Don’t Get Caught in Your Bank’s Trap

You need to be proactive. Check to make sure you’re treated honestly and take action when those expectations are not met. Stay vigilant whether it’s counting your change at the cash register, getting a receipt when you return something to a store to prove that you returned it—or making sure a bank does what it is supposed to do when you pay off a loan.


Should Your Child Get a Student Credit Card?

Rachel and Deanna, mother and daughter, had a difference of opinion. You see, Deanna received mail this week from 1st Financial Bank. Inside, three separate documents invited her to apply for a student credit card. Deanna wanted the card. Rachel was hesitant, and rightfully so. Let me explain why…


One-on-One With Lex Sokolin of Autonomous Research

Autonomous Research is the leading independent research firm covering the financial services industry globally.


A Few Minutes With…Michelle Huhnke

Michelle M. Huhnke is a partner with the Sugar Felsenthal Grais & Hammer law firm in Chicago and New York, focusing her practice on estate planning, charitable planning and wealth preservation. She works with clients and families to develop estate plans that address varied family circumstances and include efficient estate, gift and generation-skipping tax planning.


Survey: Only One-Third of Registered Investment Advisers Offer Private Equity Opportunities to Investors

Just one-third of registered investment advisers (RIAs) have offered private equity (PE) investments to their clients over the past five years, according to a recent survey by iCapital Network. The survey of approximately 450 RIA firms also found that nearly 70 percent of RIAs who don’t offer PE investment opportunities confirm interest from their clients in that area.


From Decision to Decree: The Many Paths to Divorce

Litigation, mediation or collaboration? What is the best way to make sure that you come as close as you can to getting everything you want in your divorce settlement? Well, that really depends upon what you want. And even when you know what you want, there is no guarantee that there is a direct path to getting it.


SAFE Discounts Should Be 50% At Least

The SAFE is like a warrant entitling investors to shares in the company, typically preferred stock, if and when there is a future liquidity event, i.e., if and when the company next raises “priced” equity capital, or is acquired, or files an IPO. Like convertible debt, SAFE deal terms can include valuation caps and share-price discounts, to give early (CF) investors a lower price per share than later (VC) investors or acquirers get for the same equity.


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