Individuals whose life insurance policy or annuity contract no longer suit their needs will want to exchange products without incurring a taxable event. That’s where Section 1035 comes in, but note that an exchange can only take place for the same policyholder & type of product.

Even seasoned investors should work with an advisor for tax-loss harvesting, direct indexing and asset class location. For more holistic financial planning services, tax management, gifting and other aspects of a financial plan should work with an advisor.

Portfolio optimization is a process in which an investor chooses their assets to optimize on one or more specific objectives which include minimizing financial risk & maximizing financial return. Its core elements include: return-on-investment, portfolio risk, & diversification.

Greater work-life balance, a competitive salary and a cohesive office culture are among the main concerns for Gen Y and Z when it comes to choosing an employer. Companies that don’t adapt to new employee expectations risk being left behind in the job market.

While term policies are usually inexpensive forms of life insurance, whole life policies offer benefits such as a guaranteed death benefit, predictable premiums over time, and even dividends that can provide cash or help offset the cost of life insurance over time.

Thinking about the end of your life may not be a favorite thing to do, but if achieving peace of mind is, then having a pre-death checklist may be in order. Accounting for all of your assets and wishes will ensure your plan is executed smoothly after your death.

With returns being as low as they were this year, it may be prudent to think about your investment strategy for the start of 2023. Investors should continue to watch for a recalibration of profit expectations.

Why is “Productivity Paranoia” still a thing? The answer may lie in how leaders evaluate performance: the amount of “facetime” they have with employees. Succeeding in a remote future means avoiding proximity bias and evaluating performance based on productivity.

Since COVID-19 shut down or disrupted business operations, insurers have been denying submitted claims. Depending on the language of the applicable policies, relief for business losses may be obtained from #insurance coverage. Speak to an experienced insurance lawyer.

Retirees with guaranteed retirement income are happier than retirees who make unpredictable withdrawals from their #retirement accounts. #Annuities can help turn retirement savings into a predictable income stream. Contact us to discuss your annuity options.

Not every financial advisor is a fiduciary. Investment advisors are bound to a #fiduciary standard that puts their clients’ interests first, and can only charge a fee. Investment brokers, or broker-dealers, must follow a suitability rule, but charge a commission.

Employees leave companies because of lack of growth opportunities. While not everyone wants to move up the ladder, workers want to feel they’re growing their skill set, influence, and knowledge base. Without challenge, employees become bored and disengaged. #HR

A business income policy can help cover a business’ expenses during repairs due to accidental damage. In some cases, an owner may want to increase your business income #coverage by adding endorsements to an existing Business Owner’s Policy (BOP).

2023 is the year for #estateplanning. Add non-tangible assets to your list, like things you own on paper: brokerage accounts, 401(k) plans, IRAs, bank accounts, life insurance policies, and other policies such as long-term care, homeowners, auto, disability, and health insuran...

The impact of the reopening of #China, world's second largest economy on #financialmarkets, is critical & uncertain. However, emerging markets, commodity currencies, oil, travel & European luxury companies have been touted among the top buying bets as the country recovers.

A social media background check is an unbiased review of a candidate’s social media profiles. It uses AI and human analysis to flag undesirable content, like inappropriate photos/videos, excessive levels of drinking/drug use, inflammatory or discriminatory commentary. #HR

Without general #liabilityinsurance coverage, a business would have to pay these costs out of pocket. So what does general liability cover? This insurance helps protect a business from claims caused by: bodily injury, property damage, and personal injury, like libel or slander.

A financial advisor can benefit a small business. Improvements to bookkeeping, financial decisions and #cashflow are just a few. An advisor can keep capital flowing as well as help develop a plan for what to do with that #capital.

Medical specialties is a sector to invest in for 2023. COVID-19 accelerated healthcare by at least a decade, and it will continue to evolve with new investment opportunities. Another sector to keep an eye on is electronic data processing, or automatic information processing.

People Science brings academic rigor to the study of work happiness and success at work. It can help organizations create more equitable and healthy work environments. Humans are very susceptible to bias, which means that gut-based talent decisions often lead to inequities. #HR