As a financial advisor, you have a responsibility to protect your clients’ best interests. Given the nature of your work, you’re entrusted with privileged information - and not just of the financial type. If you work with a client for a long time, you learn things about their family situation, their career, their health, even […]
No matter how much you’ve been able to save for retirement, there comes a point for many retirees when they begin to worry about having enough money to last them. Not having a paycheck, or even the prospect of a paycheck, can produce major feelings of anxiety - even if you thought you were fully […]
Choosing an assisted living facility, whether it’s for you or for a family member, is a major decision - perhaps one of the biggest decisions we have to make as we get older. Finding the right one means that you’ll not only receive the help and healthcare that you need, but that your transition into […]
If you’re a member of the “sandwich generation” - adults who are caring for both their own young children and their elderly parents - then you’re no doubt familiar with the challenges and conflicts that arise on a monthly, weekly, even daily basis. You’ve somehow got to make it to your son’s school play and […]
As our parents age, we have to have many conversations that we know are necessary, but that we’d give anything to avoid. Talking about your parent’s last wishes. Discussing long-term care options. Admitting to your parent that you alone can’t provide the care they need anymore. These are all difficult, and sometimes, necessary conversations. If […]
As our parents age, adult children often find themselves having to adjust to new roles. Where we once may have been firmly on the receiving end of advice about finances, purpose, and living well, we now are asked to give it. Where it used to be us asking our parents to take a day off […]
As a financial advisor with elderly clients, you have certain situations you probably deal with frequently. Planning for retirement. Determining how best to pay for long-term care. Advising family members on choosing a power of attorney. Unfortunately, another situation that may come up with your older clients is elder financial abuse. Perpetrated through coercion, deception, […]
alz Many adults are far too familiar with the ravages that Alzheimer’s disease can impose on a family. The gradual decline of a beloved parent or spouse is a painful thing to be a part of, and it forces some difficult questions. When should I start looking at long-term care? What can I do to […]
Financial stress is nothing new. For decades, parents, grandparents, and retirees have been kept up at night worrying about how they’re going to pay for their child’s college, how to cover an expensive home repair, or how they’ll be able to handle a spouse’s unemployment. But a new survey by the AARP has found that […]
If you’ve attended any panels, webinars, or discussion groups centered on the topic of customer service in the past few years, you’ve likely heard the term omnichannel customer engagement. It’s a term that’s arisen as our online lives have become not just more complex, but also more connected. Our Facebook profiles can be connected to […]
