Ropes Wealth Advisors is now RWA Family Office, a division of RWA Wealth Partners.

Smart Year-End Tax Planning

From making the most of tax-advantaged savings accounts to donating to charity, there are many opportunities to plan before year-end and potentially preserve more of your wealth.

How To Maximize Your Social Security Benefits as a High-Net-Worth Individual

You spend your entire working life paying into Social Security, so you want to make the most of your benefits when the time comes. You might believe that your extensive portfolio and diverse income sources make these benefits insignificant, or that the complexities and uncertainties surrounding Social Security make it less relevant to you. However,…

How You Can Benefit From a Comprehensive Approach to Wealth Management

Imagine cashing in your investment earnings only to find you’ve triggered an unexpected tax bill—one you could have mitigated with better planning. Or how about buying a vacation home without realizing how it will affect your plans for early retirement? These examples highlight why effective wealth management doesn’t neatly separate your cash flow from your…

How Goals-Based Financial Planning Can Help You Achieve What Matters Most

What do you want to accomplish with your wealth? This question lies at the heart of goals-based financial planning, a strategy that helps you develop your goals and direct your financial decisions toward achieving them. With this approach, your money works in service of what matters most to you.   Maybe you have short-term plans,…

5 Key Financial Planning Strategies for High-Net-Worth Individuals

Less than 9% of Americans1 become millionaires, and even fewer can make that money last. Economic volatility has historically triggered “richcessions,” or periods when high-net-worth individuals experience greater economic losses compared to those lower on the wealth spectrum. When the dot-com bubble wiped out $6.2 trillion in household wealth2 in 2000, for example, we saw…