The stock market has reached new highs, and the artificial intelligence revolution has spurred excitement. While all this is encouraging, most investors balance their stocks with bonds, smoothing the swings and…

Navigating the complexities of personal finance can be daunting. From budgeting, saving, investing and planning for life’s transitions, the journey to financial stability is filled with critical decisions…

A well-crafted investment policy statement (IPS) provides an acceptable range for asset classes to fluctuate within. So, should investors utilize the full range? We think you should stick close to your long-term asset class targets.

Achieving your financial success isn't just about managing and maximizing investments; it starts with gaining a deeper understanding of your entire financial life. At ProffittGoodson, we see beyond the portfolio; we see you. With a commitment to multidimensional…

The Internal Revenue Service (IRS) recently announced its decision to waive required minimum distributions for beneficiaries subject to the 10-year depletion rule in 2024 (You can find the full guidance here). This is the fourth, and likely final, year the IRS will permit eligible…

The stock market has had an excellent run lately, so much so that global stocks hit record highs in the first quarter of this year. Large US stocks led the global indices. The S&P 500 gained 10.6% to…

Whether it's supporting a cause dear to your heart, aiding those in need, or fostering positive change in your community, realizing your philanthropic aspirations is not just about giving money; it's about giving meaningfully, intentionally, and joyfully.

All-time highs for stock markets are cause for celebration. We tally up our gains and pat ourselves on the back. But concurrently, a bit of apprehension and unease seeps into our minds. We know stock markets ebb and flow, but is this when the market drops?

Legacy can be a loaded phrase. It provokes reflection on our life story, the impact we’ve had, and what it is we leave behind, including our dreams and values. In the material sense, our legacy is about ensuring our hard-earned wealth serves a purpose long after we’ve closed…

What comes to mind when you hear the word retirement? For many of us, retirement is a phase of life we aspire to. It's a chapter where we can envision ourselves basking in the glow of well-deserved leisure, pursuing passions, and cherishing precious time spent with our…

U.S. presidential primary season is well underway, and November’s general election will be here before we know it. We are already inundated with election ads and information, whether that’s on social media or Saturday Night Live. Much can happen between now and…

Just as the new year provides new opportunities, new tax years provide the same. Here is a list of important changes coming in 2024. These figures are important in considering smart tax planning for the year ahead.

Well, that was a pleasant surprise. What a difference a year makes. This year surprised most all economists, prognosticators, and investors. A welcome reprieve from the challenges of 2022. The economy remained resilient…

Income is a critical component of an investment strategy. After all, the value of any asset depends on its ability to provide a return on capital. However, some investors place too much emphasis on generating income in their portfolio...

Life can often feel like it's moving too fast, filled with choices, responsibilities, and deadlines. In the midst of it all, there is not enough time to think and plan for you and your family’s future.

The arithmetic of investing suggests that it is difficult for anyone to consistently "beat the market." What is the market after all?

Investing one’s money is inherently an emotional endeavor. Often, the emotional detachment we provide as investment advisors is one of our most impactful

For most working adults, retirement is an abstract concept. A typical retirement age is somewhere around 65, meaning the average…

A Donor-Advised Fund (DAF) is a philanthropic vehicle that allows individuals to make a charitable contribution, secure an immediate tax deduction

The month of September has been, on average, a poor month for stocks going back more than a century. This year was no exception.