• Advisor Assisted Robos

    If you’ve noticed a change to more hipster-targeted advertising from financial service companies, it’s part of an industry-wide chase to connect with the next generation of clients. They’re coming into their own as mature adults and will inherit a tremendous amount of the wealth in the United States, and all…

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  • There’s basis in my IRA. What do I do?

    It’s fairly common that people with basis (after-tax money) in their IRA’s don’t know they are sitting on unrealized opportunity. Often enough, this opportunity is unintentionally squandered or turned into a financial mess. It’s the kind of mess for which I have to invoke the imagery of a tangled slinky. First, lets presume you read “The…

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  • False Idols

    I’ve met with many clients over the years who are in financial straits. I have sat with them patiently and done the budgets and shown them how they are getting further and further behind. Usually those meetings ended with a referral to a debt consolidation company to get everything consolidated and the interest…

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  • New Clients of Memphis Planning and Wealth

    Welcome to Memphis Planning and Wealth!  My asset management capabilities and technology have changed notably, and even the office space and furniture are new. We hope you enjoy the look and a location that’s close to home. Some of you will be pleased to know that I’m inclusive to anyone I’ve worked with in the past. The complete overhaul was…

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  • Time for a New Car! An Insider’s Guide On Your Next Purchase

    Like most men, I grew up idolizing cars. In the 80’s I remember having reading time in the library during school. For some reason, they had a ten year history of Car and Driver and MotorTrend magazine. I spent all my allotted time learning about Countaches, 911s, and Testarossas. Fast-forward to the summer…

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  • FREE STEAK!? Annuity Brokers Lure You In to Sell Fear and Guarantees

    If you ever heard a financial services professional say, “Are you afraid of losing all of your money?”   I can tell you what is coming next. Be wary of anyone who specifically sells fear, because you’re being set up to buy something to ease that fear.  Before you proceed…

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  • How to Choose a Financial Advisor

    About a year ago I was waiting for someone at a local restaurant. I looked around and couldn’t help but notice… this place is full of financial advisors. We know our own, and we all dress pretty similar in the daylight. If I were a potential client, I thought, how would I know…

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  • Ineligible Roth, Basis in your IRA. How to Do Your 8606

    We commonly don’t hear from clients for a little while as they’re humming along on the path to financial success. Life is good, they’re feeling confident with where they are putting their money, then it’s time to do taxes. Unfortunately for some of them, this is the year their earnings have crossed the threshold…

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