Adviser Investments and Polaris Wealth Advisory Group are now RWA Wealth Partners.

How To Make Your Family Wealth Last Through the Generations

Many prestigious families throughout history lost their fortunes within just a few generations. Consider the Vanderbilts, whose fortune originated in the railroad industry. In the 19th century, their wealth amounted to a staggering $200 billion1 in today’s money. However, once the grandsons inherited that wealth, they squandered it on lavish Gilded Age mansions2 and expensive…

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…

Retirement Plan Strategies for High-Income Earners

Couple Discussing Retirement Plan

If you are a doctor, lawyer, thriving business owner, successful executive or another high-income earner, this thought has probably crossed your mind: How will I maintain my lifestyle once I retire—especially if I want to retire early? You’re not alone. In this article, we’ll look at some retirement plan strategies for high earners that you…

4 Ways to Maximize Your Equity Compensation

People Reviewing Stats

Stock options have become a larger part of our clients’ overall compensation in recent years—but how employers structure their offering varies widely and maximizing the benefit can be tricky.   We’ve touched on the basics of employment-based stock options in the past. There are several different types of options, including Incentive Stock Options (ISOs), Non-Qualified Stock Options…

HSA Spells Tax-Free Investing

Tax Max to Min

It might seem like the holy grail every investor is looking for: A way to shelter a portion of your income for spending later in life—without having to pay taxes on it, unlike with an IRA. What’s the vehicle that can make this a reality? A health savings account (HSA). If you qualify, HSAs are worth…

Advanced Trusts: 4 Ways to Protect Your Estate

People at Table Discussing Estate Planning

Traditionally, when we talk about estate planning tools, we focus on revocable trusts—an incredibly important and versatile wealth management tool. But that’s not the end of the story. In some cases, an irrevocable trust may be more appropriate for your needs. Today, we look at four types that can come in handy.   Irrevocable Life Insurance Trust (ILIT). An ILIT is…