Why Investors Can Be Thankful This Holiday Season
As the holiday season begins, it’s the perfect time to pause and appreciate what we have, both in our personal and financial lives. This is particularly important since investors tend to focus on what could go wrong rather than what has gone right. At the moment, with markets performing well, it’s helpful to reflect on […]
The Role of Employee Retention in Business Sales
When it comes to selling your business, there’s a crucial factor that often flies under the radar but can make or break a deal: employee retention. Let’s dive into why keeping your key team members on board is so vital during this transition and how it can significantly impact your business’s value and attractiveness to […]
Understanding and Improving Your Business’s Cash Flow
Cash flow is often described as the lifeblood of a business, and for good reason. It’s not just about profitability; it’s about having the liquid assets to keep your operations running smoothly day-to-day. Let’s dive into what cash flow really means and how you can improve it to ensure your business thrives. What Is […]
Is Charitable Giving Part of Your Financial Plan
With Giving Tuesday on December 3 this is a good time to think about how you are incorporating your charities into your overall financial plan. In doing so you can enhance your overall financial and tax strategy while allowing you to make a positive impact on the causes you care about. Here are some key […]
Aspire Planning Group merges with Vertex Partners
DOWNERS GROVE, IL – JANUARY 13, 2022– Vertex Partners is excited to announce a strategic merger with Aspire Planning Group of Grayslake, IL. The Managing Partners of Vertex Partners, Greg Benner, Mike Bellis and Brad Schaffnit have had an ongoing relationship with Julie Hupp, President of Aspire Planning Group for over seven years. “By joining […]
The Current Temperature
This summer has been interesting. Thus far, temperatures have been at a maximum for much of the country, while typical summer storms have been at a minimum. A parallel can be drawn for the financial markets: Major stock indexes are hovering near record levels, while other asset classes like bonds and gold have also participated […]
Adding a Personal Backup With a Living Trust
A living trust and a professional trustee can give you an emergency backup program for your finances The managers of well-run businesses usually name “backups” to keep things going smoothly — just in case. That’s also a smart plan for your personal finances, where you risk experiencing financial losses or other difficulties if you can’t […]
What’s the Best Way to Give Money to Children and Grandchildren?
There are several ways you might consider gifting money to your loved ones. In 2018, the IRS allows you to give up to $15,000 annually (or $28,000 if you give jointly with your spouse) in cash, investments, and/or property to each of as many people as you’d like without triggering gift taxes. (This limit may […]
Brush Up on Your IRA Facts
IRAs continue to play a prominent role in the retirement saving and investment strategies of Americans. If you are opening an individual retirement account (IRA) for the first time or need a refresher course on the specifics of IRA ownership, here are some facts for your consideration. IRAs in America IRAs continue to play an […]
2018 Retirement Trends to Watch
In-plan spending strategies becoming more important Among retirement industry trends to watch in 2018, along with how to save money in a 401(k) plan and other retirement accounts, is how to spend those savings. A retirement industry think-tank expects a growing number of plan sponsors and industry stakeholders to evaluate retirement income solutions and de-accumulation […]