by Cara McDonald and MyNorth Custom Studios for hemming& Wealth Management | Mar 9, 2020 | Counties, Live Here, Towns
PAID CONTENT Northern Michigan financial planners hemming& Wealth Management explain the value of family financial transparency and how experts can make that a success. It can be difficult enough to make individual decisions about finances, but many of those have...
by Cara McDonald | Oct 9, 2019 | Live Here, Work Here
Small business owners are our economy’s economic engine—entrepreneurs generate half of all private sector jobs, payroll and output. But when it comes to their own financial future, they can be so focused on investing in their business and employees that they may need...
by Cara McDonald | Sep 20, 2019 | Counties, Live Here, Towns
Want to really enjoy the good life in Northern Michigan once you retire? Two top Traverse City wealth managers share the client tips they wish everyone knew. Prepare for the “Seven Saturdays” “Before retirement, Saturday is typically a peak spending day...
by Cara McDonald | Sep 16, 2019 | Counties, Live Here, Towns
Different generations, different priorities, different strategies. Here’s how Traverse City financial advisors are helping Millennial and Gen X clients get ahead of the money curve. Gen Xers and Millennials may not have a ton in common when it comes to pop culture and...
by Shea Petaja | Apr 10, 2019 | Counties, Towns
We sit down with Dennis Prout of Traverse City’s Prout Financial Design to find out how to pass along funds—and financial wisdom—to the next generation.How many grandkids do you have?Four.What do they call you?Papa.Are the rumors true? Is grandparenting really better...
by Jason P. Tank, CFA | Mar 13, 2019 | Counties, Live Here, Towns
Everyone loves a simple list to feel like they’ve accomplished something meaningful. Here is an easy-to-follow checklist for you on your way toward a sustainable retirement from Front Street Wealth Management in Traverse City.Featured in the 2019 issue of MyNorth...
by Jeff Smith | Oct 25, 2017 | Uncategorized
After the financial crash of 2008, many individual investors soured on the stock market and, after all these years, are still not jumping back in. But investors are also uninspired by the bond market, because interest rates are so low. “We have record amounts of cash...
by Jeff Smith | Oct 12, 2017 | Uncategorized
There’s been a lot of talk about the new federal Fiduciary Rule. We check in with Kathy Dixon, vice president and trust officer with Chemical Wealth Management in Traverse City, to help put the change in perspective. The name Fiduciary Rule sounds pretty vague and...
by Jeff Smith | Oct 3, 2017 | Uncategorized
What is socially responsible investing? Let’s say you’ve made an ethics-based change in your personal life or in your organization, for example, deciding to shrink your carbon footprint. You installed solar panels, bought low-energy equipment, purchased electric...
