What services are offered by wealth management companies, and how can they help you reach your financial goals? How do these firms address current and future needs for you and your family?

Individual retirement accounts (IRAs) are tax-advantaged savings plans designed to assist people in funding their retirement. Created by an act of Congress in 1974, these accounts became significantly more popular following another government act in 1981 that allowed all working taxpayers to establish IRAs.

For the past few weeks it has not been business as usual for anyone. Schools are closed, retailers are locked up, restaurants shuttered, industries barred from producing. Only essential services can operate. People feel stuck and, at times, afraid.

One thing for sure is that our positive actions can brighten someone’s day or make a difference. At Carnegie Investment Counsel, we initiated a Carnegie Cares program to make donations for those most in need during this difficult time.

I saw an interesting prediction on Twitter a couple of weeks ago and it made me think of a quote from Amazon founder and CEO, Jeff Bezos: “What’s going to change in the next 10 years? And that is a very interesting question; it's a very common one. I almost never get the question: 'What's not going to change in the next 10 years?'”

How It Happened: My Personal Parkinson’s Story as originally published in the Parkinson’s Journal 

As you approach retirement, organizing your finances will be one of the most critical steps you take when beginning your transition out of the workplace. There are plenty of retirement planning tips and philosophies out there, but many people in their 50s with $500k or more saved don’t yet know how to simplify their finances before retirement.

Sadly, tax season is a prime time for scammers to target senior citizens. Here are eight common scams making the rounds this year. Please share them with older relatives, friends and everyone else: Awareness is a primary component of stopping these threats.

What should we do in a bear market? That’s the question we’ve been hearing a lot these last few days. Here are five ideas for things you can do right now to set yourself up for success in the days ahead.

Our feelings and finances are often intertwined. As advisors, when we meet with clients, most of the time we spend more time discussing the personal side of finance than the dollars and cents.

Here are our thoughts on a few factors that may impact your wealth.