We know that thinking about estate planning can be daunting and is not the most exciting conversation to have with your spouse; however, it’s extremely important. As we’ve been talking about discussing money with your spouse, estate planning conversations are a great one to throw in the mix. So, what are some triggers that should…
Brad Sherman has been named on Washingtonian Magazine’s 2022 list of Best Fee-Only Financial Advisors in Washington, DC. Every 1-2 years, Washingtonian Magazine publishes a list of the Washington, DC metro region’s top financial professionals. To create the list, the editors of Washingtonian survey hundreds of individuals in the local financial services industry, asking whom…
Over the last few months, we’ve faced a great deal of economic turmoil and uncertainty, which has a great impact on the finances and mindsets of many all across the world. Through these hardships, we’ve seen individuals face and struggle with a great deal of biases in respect to their portfolios and investments. We want…
Money conversations with your partner aren’t always the easiest or the most fun. With today being Valentine’s Day, a day in which we show love and affection for those around us, we thought we would discuss how to better your relationship with strong communication skills surrounding money. Financial wellness and empowerment is extremely important on…
We often get many questions around this time of year regarding the key differences between a Roth and Pre-Tax (Traditional) 401(k). This is such a great question and an important concept to understand so you can fully maximize your financial and retirement goals. And, there is no better time than the beginning of the year…
Purchasing your first home is an amazing accomplishment and a big milestone in your life. That being said, oftentimes, most first-time home buyers face many difficulties and even make mistakes. We want to discuss common mistakes that these first-time homebuyers make and how you can learn from them. Not Thinking About Home Ownership Costs While…
In our last blog we wrote about questions to ask when evaluating and searching for a financial advisor. Finding the right financial advisor is extremely important, as you want to trust the individual who will be handling your money and providing you with financial advice. We want to continue the conversation and make you aware…
Whether it’s your first time working with a financial advisor or you are searching for a new one, it’s important to make sure you ask the right questions to ensure the advisor you choose will be a good fit and will help you reach your financial goals. Comfortability and the potential for a long-lasting relationship…
As you probably already know, it’s been quite a ride in the markets recently. When a stock index falls more than 10% from a recent high, it is often said to have entered “correction” territory. Has this recent market correction taught you anything about investing? As a young investor, this correction has been quite a…
One common theme we see with many clients, friends and prospects is the lack of knowledge surrounding interest rates. Many Americans have debt, whether that be credit cards, student loans, mortgages or other financial obligations. However, while taking on debt can be beneficial to your credit score and financial health, it can be detrimental for…