With the the Consumer Price Index at highs last seen in the 1980s and stocks on Wall Street edging perilously further into bear market territory, inflation is on just about everyone’s mind these days. Indeed, according to a recent survey conducted by Gallup, nearly 1 in 5 Americans believe it’s the nation’s single biggest problem….
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For insurance agents and wealth planning professionals, the past two years have been a period they will never forget. Largely in response to the COVID-19 pandemic, life insurance policies sales and similar products have soared. Annuity sales in 2021 reached nearly $255 billion, (a 16% jump from the previous year), employer-based life insurance purchases topped…
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By: Dan Morgan, Senior Trust Portfolio Manager It appears funds are flowing away from high multiple Tech growth stocks toward defensive names. Technology stocks seem to sell off when any news of Fed tightening surfaces or concerns about future economic growth arise. The “Dot.com Bubble” was characterized by the end of a massive spending boom…
Continue How Can Investors Compare Today’s “Tech Wreck” to the “Dot.Com Bubble” in YR2000?
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The COVID pandemic changed the way that Americans think about both money and life insurance. According to a 2021 LIMRA study, 31 percent of respondents said that the pandemic has increased their likelihood of buying life insurance. The study further found that the concern surrounding life insurance coverage grew faster than other financial concerns over…
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Running a business is all about taking one thing at a time. From addressing the ongoing needs of your customers, colleagues and co-workers to supply chain fluctuations, every day brings a new challenge. Given the highly dynamic nature of business management, it can be difficult to plan ahead for tomorrow — never mind two, 10…
Continue Buy Sell Agreement Life Insurance: How It Works and Why It’s Important
The last two years may go down as one of the more confusing periods ever, both in the United States and throughout the world. The source of that confusion was the coronavirus. Yet, at the same time, the pandemic brought a better sense of clarity and understanding to the things that are truly important and…
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Are you one of the over 12.5 million Americans who qualifies as high net worth? Whether you recently attained this wealth status, or you’ve been earning seven figures or more for a while now, you’re in a financial position that very few people achieve. The amount of money you earn in a single year is…
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As a successful business owner or high net worth individual, you can attest to the fact that no day is routine — never mind an entire year. But it’s safe to say that these past two years are without precedent. Nothing previously even comes close to them when it comes to uniqueness. Due to COVID-19…
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After giving your client a hearty congratulations on their recent promotion, it’s up to you to explain how a raise in income will affect their long-term wealth management strategy. Showing them what they need to do with their new title and bigger paycheck is one of the critical ways you help them cultivate greater financial…
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