Bright Ideas

Choosing the right advisor

As the saying goes, "When times are good, anyone can make money." In the tenth year if the bu;; market following the Great Recession, markets are at or near all-time highs, but recent volatility has some i nvestors uncertain on where the markets will go from here. Many are re-evaluating their relationship with their financial advisor to ensure that they are in good hands.

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Bright Ideas

Read what Brightworth advisors and planners have to say about wisely managing your financial future.

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With skyrocketing unemployment rates due to Covid-19, many people are finding themselves searching for new job opportunities. Wealth Advisor Patricia Sklar shares her advice on determining which opportunities to go after.

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Hiring in a virtual business environment is new territory for many of us. Whether your company is looking to pick up great talent, or you are the great talent looking for a new job, listen to powerful & timely insights from three experts in the talent management space on the changing landscape of virtual hiring practices.

If you’re in your 40s, you’ve been growing your wealth in the last decade since the 2008 recession. Now, you might have questions about how this current bear market will affect your 401(k). Associate Wealth Advisor Josh Monroe shares the reassuring answers he gives to his clients.

In this edition of the Brightworth Business Owner Discussion Series we’ll talk about many issues including:

  • What precautions to take when re-entering the workplace.
  • What to do if one of your employees contracts COVID-19.
  • How to determine what personal protection equipment is appropriate, and guidelines for safe work environment practices.   

Ever wondered what you shouldn’t do with your money? If you are a Millennial trying to build wealth you should really read Tom Presley's article featured on Kiplinger.com on 10 Money Mistakes Millennials Need to Avoid!

If you had a solid plan in place before the downturn hit, it should still carry you through ... provided you don't do anything crazy in the meantime. Ryan Halpern offers some recommendations to consider if you are asking yourself: “What do I do now?”

Bright Blog

Check out what Brightworth advisors and planners have to say about wisely managing your financial future.

 

Ray V. Padrón ON Wed, 04/08/2020 - 10:33

In our personal and professional lives, we are continually learning about one another, subtly adjusting our behavior as we understand ourselves and understand others in order to get along,enjoy being together and become more effective. While every day is different, we generally know each other’s habits and reactions in most situations. In other words, normal behavior. This knowledge builds our informal social norms, and we become comfortable operating within these norms.

Michael R. DeWitt ON Mon, 03/30/2020 - 16:55
We hope you and your families are staying healthy. As you have likely heard, The CARES Act was signed into law last Friday, and there are many provisions that pertain to business owners that we have summarized for you below. We also wanted to communicate a few key recommendations as the details on these programs unfold:
Charlie Jordan ON Mon, 03/30/2020 - 16:13

Few of us had heard the phrase “social distancing” at the beginning of the year. But now, maintaining safe, hygienic spaces that help limit the spread of the coronavirus is part of our lives. I hope this is short-lived, but in the meantime, we should do everything we can to thrive during this time.

Lisa Brown ON Mon, 03/16/2020 - 12:08

As we all watch the latest news about the coronavirus, it’s easy to be scared about our physical and financial health. Some people may not leave their homes or allow children and grandchildren to play with others. Others, worried about a recession or financial meltdown, may be making major changes to their finances or investment accounts.

Ray V. Padrón ON Tue, 03/10/2020 - 12:16

Whether growing or floundering, every organization reflects the individuals and leadership of which it is made.  At the same time, from top to bottom, from vision to execution, each individual evolves and becomes what they strive for as they reach their individual goals. What that means is that the organization is experiencing and reflecting what the individual employees and leadership are experiencing, and vice-versa. Take the S Curve as an example.    

Tom Presley ON Fri, 03/06/2020 - 08:39

One life event more than any other marks a turning point for how seriously families consider their finances: having a baby. New babies bring new life challenges, with financial repercussions that can stretch into retirement. In this brief video, Brightworth wealth advisor and veteran parent Tom Presley shares five tips for preparing for the financial challenges you’ll face in early parenthood.

Ryan Halpern ON Tue, 03/03/2020 - 15:26

Bonus checks will begin arriving during the next few weeks for millions of corporate executives and managers countrywideWhile most people have anticipated this cash windfall, too many don’t have a clear plan on how to best save, invest and spend this money.

Patricia D. Sklar ON Thu, 02/27/2020 - 14:09

The most common reason I hear people jumping ship to a shinier boat is for a “better opportunity.”  However, let’s unpack what a “better opportunity” truly looks like.

Ray V. Padrón ON Wed, 02/26/2020 - 13:58

“What is your unique ability?”   It’s an executive coaching question that gets asked a lot.  Questions like these are valuable because few of us take the time to ask and answer that question ourselves and leverage the answer

Charlie Jordan ON Wed, 02/19/2020 - 16:15

 

Believe it or not, we are nearly two full months into 2020! How are those New Year's resolutions going? If you are like most of us, you have a goal of improving your health in some way this year. In case your motivation is waning, let me give you one more reason to focus today: your retirement years.

Christopher ON Fri, 01/24/2020 - 09:38

As you turn the page to 2020, it is important to be mindful of changes to various savings limits set by the IRS and state tax authorities.

If you intend to maximize your savings to any one of the following accounts this year, be sure that you have verified with your HR department that you are on track to contribute the maximum amounts for 2020. 

Charlie Jordan ON Wed, 01/08/2020 - 11:57

If you were busy shopping for that last-second Christmas present or just enjoying an egg nog with family, you may have missed that Congress recently passed an interesting bit of legislation. On December 19th, the Setting Every Community Up for Retirement Enhancement (SECURE) Act – you can't make that up – was attached to a year-end appropriations bill keeping the government open for business, signed into law by President Trump effective January 1, 2020.