Divorce Planning, Newly Independent Women
Joseph Goldy, CFP®, CDFA®
Understanding the CDFA® Designation: Your ...

Anyone who has gone through a divorce knows how emotionally challenging and financially complex it can be. While attorneys handle the legal aspects, a Certified Divorce Financial Analyst® focuses specifically on the financial implications of divorce. This specialized designation equips professionals with the expertise to guide clients through the intricate financial aspects of divorce proceedings, ensuring better outcomes for their financial future.

Understanding the CDFA® Designation: Your Financial Ally During Divorce
Pharmaceutical Professionals, Stock Options, Financial Planning
AnnaMarie Mock, CFP®
Science Meets Finance: How The Scientific ...

Anna Marie Mock, a fee-only certified financial planner at Highland Financial Advisors, discusses the dynamic interplay between art and science in financial planning. Drawing inspiration from Leonardo da Vinci's philosophy that "everything connects to everything else," she emphasizes that financial planning is an art involving subjective goal-setting and a science-driven by objective analysis tools. In this video, Anna explains how the scientific method can be applied to financial planning, using equity compensation as a concrete example. 

Science Meets Finance: How The Scientific Method is Applied in Financial Planning | Ep. 6
Financial Planning, Financial Tips, Net Worth
Stephanie Burke
Understanding Your Money Script

What are your thoughts, feelings, and beliefs about money? What about your partner, and do they differ from your own? Sometimes, the conflict we experience around money in our personal lives can be attributed to incongruent money scripts with those with whom we share finances. Let’s dive into the term money script and how understanding it can help us achieve our financial goals.

Understanding Your Money Script
Financial Planning, Financial Tips
Edward Leach
The Dependent Care FSA – An Overlooked Benefit ...

In talking with clients about the benefits their employer provides during the open enrollment season, one often overlooked benefit if clients have dependents is the Dependent Care Flexible Spending Account (FSA).

The Dependent Care FSA – An Overlooked Benefit During Open Enrollment Season
Financial Planning, Financial Tips, Healthcare, Investments, Life Planning, Savings
Edward Leach
3 Reasons Every High Net-Worth Family Should ...

Health Savings Accounts (HSAs) are not only a savvy investment option but also offer numerous benefits, especially for high-net-worth families. An HSA is a tax-advantaged savings account designed for individuals with high-deductible health plans (HDHPs) to help cover out-of-pocket medical expenses. While the utility of HSAs is universal, they hold advantages for high-net-worth families and have steadily grown in popularity since their inception.

3 Reasons Every High Net-Worth Family Should Fund a Health Savings Account

Q224

,

Essential Financial Planning Steps for Newly Independent Women: Updating Beneficiaries

,
Essential Financial Planning Steps for Newly Independent Women: Updating Beneficiaries

In this installment of our video series on financial planning for newly independent women, we delve into updating beneficiaries across key financial documents and accounts. Whether you are navigating the aftermath of a divorce or coping with the recent loss of a spouse, it is essential to review and revise your estate documents, life insurance policies, and investment accounts to reflect your new circumstances. Additionally, we'll explore health insurance options that are available to you during this transition. These steps ensure your financial future is secure and your assets are distributed according to your wishes.

How Can Dental Practice Owners Use Savings Buckets to Manage Short-term and Long-term Goals?

How Can Dental Practice Owners Use Savings Buckets to Manage Short-term and Long-term Goals?

In the fast-paced world of dental practice ownership, making informed financial decisions is crucial for long-term success and stability. In this informative video series, a financial expert, Ed Leach, guides dental practice owners through the complexities of managing their finances. The series introduces a straightforward framework designed to help owners make smart money decisions, whether just starting or looking to optimize their financial strategies.

, , ,

Is Your Stock Certificate the Next Big Thing?

, , ,
Is Your Stock Certificate the Next Big Thing?

Rummaging around your stuffed filing cabinet, you come across a stock certificate. A glint of excitement enters as you think about the potential value of this forgotten relic. It is not uncommon to stumble upon an old stock certificate in its physical form. There are steps to take to research if the old stock certificate is worthless or if it is a lottery ticket. 

Decoding Financial Advisor Fees: Your Guide to Transparent Costs

Decoding Financial Advisor Fees: Your Guide to Transparent Costs

Join Reed Fraasa from Highland Financial Advisors as he demystifies the world of financial advisor fees in this comprehensive video series. Learn about transaction costs, product-related expenses, and advisor fees to make the best decisions for your financial future.  

,

Eating for Immunity - The Nutritional Investment Strategy

,
Eating for Immunity - The Nutritional Investment Strategy

Your health is your greatest wealth – a principle that rings true figuratively and literally. Just as prudent financial planning and investing safeguard your long-term financial well-being, a nutritious diet is crucial for fortifying your physical health and averting the debilitating effects of autoimmune diseases. 

, , ,

Tax Lot Identification: It’s Not What You Make, It’s What You Keep

, , ,
Tax Lot Identification: It’s Not What You Make, It’s What You Keep

At HIGHLAND Financial Advisors, tax efficiency is a cornerstone of our investment management strategy. After all, it is not what you make but what you keep. One of the key strategies we use to achieve this is tax lot identification in our trading procedures.

, ,

Arnold Schwarzenegger: Bodybuilder, Movie Star, Governor...Financial Planner?

, ,
Arnold Schwarzenegger: Bodybuilder, Movie Star, Governor...Financial Planner?

When you think of Arnold Schwarzenegger, visions of his bodybuilding championships, blockbuster movies, and tenure as the governor of California probably come to mind. However, the Austrian-American renaissance man has added another accomplishment to his impressive resume - author. In his book "Be Useful: A Blueprint for Living an Integral Life," Schwarzenegger outlines his philosophy for leading a fulfilling existence by being useful and serving some cause greater than yourself.

, ,

Teeing Up Your Financial Future: Unveiling the Hidden Links Between Golf and Financial Planning

, ,
Teeing Up Your Financial Future: Unveiling the Hidden Links Between Golf and Financial Planning

Picture this: you stand at the tee box, surveying the undulating terrain ahead with excitement and apprehension. With each club selection and calculated swing, you inch closer to the elusive hole, navigating obstacles and seizing opportunities. Little do you know, every decision you make on the course mirrors the principles of prudent financial management, offering valuable insights into crafting a secure and prosperous future.

,

Your Politics Don't Belong at The Dinner Table or In Investment Decisions

,
Your Politics Don't Belong at The Dinner Table or In Investment Decisions

We've all been there - stuck at the dinner table with the overly political uncle who's had a few beverages and is ready to dive into the latest headlines and hot-button issues. You know the one: every family gathering turns into a political debate, and you're left navigating a minefield of opinions while trying to enjoy your meal. Whether he's passionately defending his views or eagerly challenging yours, it's hard to escape the tension that hangs in the air. If no one comes to mind, perhaps you're that "uncle"?

, , ,

The Return of Brood XIII: What Cicadas Can Teach Us About Financial Planning

, , ,
The Return of Brood XIII: What Cicadas Can Teach Us About Financial Planning

After spending 17 years lying dormant underground, a new generation of Brood XIII cicadas will soon emerge across large swaths of the eastern United States. This phenomenon is one of the most remarkable examples of cyclical events in the natural world.

It's fascinating to think that the last time Brood XIII was about to turn in for its 17-year slumber, Steve Jobs introduced the iPhone to the world for the first time. A year later, a mysterious person named Satoshi Nakamoto wrote a paper describing something he called Bitcoin, which began trading for less than a penny.

,

Unlocking Financial Freedom: The Power of Organized Financial Documents

,
Unlocking Financial Freedom: The Power of Organized Financial Documents

In our series on empowering newly Independent Women to achieve financial security, we delve into the often underestimated importance of organizing financial documents. Join Joe Goldy as he uncovers the three significant benefits of maintaining well-organized financial records, offering insights into financial transparency, legal compliance, and emotional closure. Discover how this simple yet powerful practice can advance financial Independence and peace of mind.

, ,

Frogs and Inflation…Perfect Together

, ,
Frogs and Inflation…Perfect Together

The story is well-known: if you place a frog into boiling water, it will jump out immediately. But if the frog is put in tepid water that is slowly heated, it will not perceive the impending danger and will eventually be cooked to death. This analogy is a powerful metaphor, cautioning us about the risks posed by gradual changes that go unnoticed—similar to the frog failing to react to the slowly heating water.

This metaphor aptly describes how people often fail to recognize or respond to gradual changes in their environment or circumstances. In financial planning, this concept underscores the importance of regularly monitoring a client's financial status to avoid being metaphorically "cooked."

,

Dinner with a Time Traveler

,
Dinner with a Time Traveler

It's January 1, 2018, and you just won the lottery for $5,000,000. 

You are sitting in our office, discussing your plans for the money, and you decide it's a good idea to invest the proceeds for the long term. 

You decide on a portfolio of 25% US Bonds, 60% US Stocks, and 15% International Stocks. 

 After feeling pretty good about your lottery winnings and the investment decisions you made, you leave our office and treat yourself to a meal. 

, , ,

Monkey Business: Unveiling the Psychology of Financial Decision-Making

, , ,
Monkey Business: Unveiling the Psychology of Financial Decision-Making

The fascinating interplay between human decision-making and financial outcomes has long intrigued behavioral economics and psychology scholars. However, research has expanded this inquiry beyond human subjects, delving into the behavior of our primate cousins, specifically Capuchin monkeys. Situated on an island off the coast of Puerto Rico, researchers conducted an experiment seeking insights into economic behaviors, risk psychology, and the recurrence of financial crises in our societies, shedding light on the parallels between monkey behavior and human decision-making processes.

Subscribe To Our Newsletter