Often times on the news, you may hear the names of famous CEOs like Tim Cook, Warren Buffett and Bob Iger. Why are they discussed so often? What separates them from their peers? Besides being at the helm of some of the most well-known and companies in the world, these CEOs, among many others have done a very good job of creating value for shareholders. How did these CEOs do such a wonderful job of creating value?

Over ONE TRILLION DOLLARS is managed by the top ten bond mutual funds, according to Forbes. This vast pool of assets controlled by a few players affects the whole asset class. In our whitepaper, "Bondmageddon: A Whitepaper on the Hidden Risks and Costs of Bond Mutual Funds," we discuss the current landscape of these investments and the risks investors face today. We also outline the five critical strategic considerations we make when constructing a bond portfolio.

It’s tax time--don’t lose sight of your financial planning goals. It’s not too late to make your IRA contribution for 2014.  You can make 2014 IRA contributions until April 15, 2015. Be sure you are taking full advantage of the opportunity to save for retirement. 

You may have heard about low interest rates in the newspaper, online or on TV, but what do low interest rates really mean for the general public?

Interest rates are based primarily upon the supply and demand for money. What are some of the positives and negatives of low interest rates? Watch our video or continue reading below. 

Investing money successfully isn’t easy; if it were, then everybody would be rich! Moreover, there is no Holy Grail, or magic, a risk-free formula that ensures success and worry-free sleep. In short, investing involves some risk-taking, and despite what you may have been led to believe, there is no way to get around it—you can mitigate risk, but you can’t eliminate it.

The Federal Reserve has now held short-term interest rates at close to zero for over six full years.  Six years – that is 2,190 days, and counting!  It is no wonder that finding a reasonably safe way to earn a return on cash has become one of the biggest questions on investors’ minds. 

In fact, some of the most frequent questions I field these days are about this topic:

•        What should I do with my cash?
•        Do you think interest rates are going to go up soon? 
•        Why hold any cash at all in my portfolio?

If you have children or grandchildren and have the soaring costs of college education on your mind, you might want to consider a 529 plan as part of an overall long-term savings strategy.

From clients looking at home repair and remodeling projects, from a new roof or windows to a new kitchen, I'm frequently asked which is the best way to withdraw money to pay for these “upgrades.” Should you use your investment account or retirement account, such as an IRA?

The Eighth Wonder

We all know how tempting it can be to buy those nice but expensive pair of sunglasses or shoes but would you be better off putting aside some those discretionary purchases to save, instead? Albert Einstein once said “Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn't ... pays it.”

Why do I need to think about my collection in terms of wealth management?

Numerous studies, including one operated by BMO Private Bank, have suggested that 10% to 25% of a family’s net worth can be comprised of art, jewelry or collectibles. This can be the result of a passionate hobby that is enjoyed throughout the course of one’s life or the result of an inheritance. Given the demand for rare artifacts of legitimate value, the price of these items can be astoundingly high.