A wealth plan is crucial for ensuring the actions and wealth-related decisions you make are helping you work toward your unique goals. Everyone lives their life with a different set of needs and objectives, and their wealth plan should reflect that. As you begin to build your wealth plan, ask yourself, "What's the money for?" and be sure that your plan helps you get there.

A few months ago, I welcomed my first puppy, Banjo, into my home and let me tell you – he’s an adorable handful! Like most new pet parents, I was excited to embark on this adventure. I also had a lot of questions: Is my puppy healthy? What are the best ways to protect him from risks? And is his incessant night yowling really considered normal? (Unfortunately for me and my neighbors, the answer to the last question was a resounding yes.

We’ve all heard the song… “Breaking up is hard to do”. But when it comes to the care and protection of your family’s wealth, you may just have to rip off the band-aid with your current wealth advisor and know you’ll be better for it in the long term.

Independent advisors vs wirehouse advisors and bank advisors: How your wealth management experience will be different at Monument

Fiduciary refers to a person or organization that acts on behalf of others to manage assets responsibly, by placing a client’s best interest over their own. But it’s a whole lot more than that. At its core, the word means trust, to act in good faith, to conduct yourself ethically and with integrity. In the finance industry, that’s rarer than you think.

There is no legal definition of “financial advisor” and that creates a big problem– when anyone can freely use the term, everyone inevitably will. Seriously, this is just like when everyone started putting “entrepreneur” in their bios and on their business cards.