Consider writing a family mission statement

Consider the risk you’re willing to accept

By Dolan Media Newswires
Published: November 15, 2010
Tags: Wealth Management

This is one of the most important factors that can affect the way you structure your portfolio and your overall financial plan. Yet it is also one of the most difficult to quantify. There is no universally accepted way of accurately measuring an investor’s risk tolerance. A number of factors come into play, including the [...]

Money Management: Find reliable investment advice

By Dolan Media Newswires
Published: November 15, 2010
Tags: Wealth Management

Finding a reliable source for investment advice has always been a challenge, and is especially difficult in today’s investment environment. The choice to put all or part of your financial future in someone else’s hands should not be made hastily or without gathering crucial information. Even the wealthy and financially sophisticated can be trapped, as [...]

Succession planning a must for solos

By Edward Poll
Published: September 14, 2010
Tags: Wealth Management

The simple fact is that a sole practitioner owns a family business — the law practice. And studies regularly document that small business owners do not plan well for the future of their businesses. A survey several years ago by the Family Firm Institute and MassMutual Financial showed that fewer than half of small business [...]