Posts by Travis Russell, CFP®
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Glassman Wealth Proud To Support The Ryan Kerrigan Leukemia Golf Classic
I am always happy to spend some time out on a golf course, but the opportunity to support a good cause makes it significantly more meaningful. This past Monday my colleague, Colin Gerrety, and I had the opportunity to participate in the Ryan Kerrigan Leukemia Golf Classic alongside some friends. Glassman Wealth has been a…
Read MoreThree Reasons Your Financial Advisor Should Be Reviewing Your Tax Return
One of the first questions we tend to ask new clients is whether their former financial advisor ever requested a copy of their tax return. And the answer we usually get in response? No. After all, why would your financial advisor need to know anything about your taxes? At Glassman Wealth, we understand that your…
Read MoreCash Flow Solved With a Margin Loan: Why “Margin” Isn’t Always a Bad Word
Quarterly estimated tax payments or other large expenses can create cash flow challenges in situations where a client doesn’t have cash on hand because income distributions from their small business or employer are inconsistent. These large cash outflows such as tax payments, home improvements, college tuition or other major expenses may not coincide with their cash flow and it’s necessary to…
Read MoreDon’t give up on your GRATs for Estate Planning!
Effective estate planning is often a long, ongoing process, and it doesn’t happen overnight. It’s difficult to remain focused on the long term benefits of different strategies, especially when they don’t work 100% of the time. One strategy we often recommend for clients to potentially reduce their taxable estate is a grantor retained annuity trust,…
Read MoreA Review of the Best Personal Finance Calculators
A good personal finance calculator should be simple to use and understand, but still provide valuable information to the user. These types of calculators are challenging to find: Google searches tend to return a sizable list of tools, but many are attached to a sales pitch or annoying ads. Below is a small list of calculators…
Read MoreHow Much Does a Financial Advisor (Planner) Cost?
At some point, many people come to a place where they need to hire professional help, especially when it comes to managing their wealth and future. For those who don’t have the time to manage their own investments, or want access to on-going professional financial advice, working with a financial planner or investment advisor can…
Read More4 Reasons You Should Consider a Revocable Trust
A revocable trust is considered a more effective estate planning tool than just a Last Will and Testament for several reasons. Here’s why you should consider putting one in place.
Read MoreThe Best Way to Minimize Taxes With Asset Location
Did you mean to say asset allocation? That’s usually the response we get from clients when we bring up asset location within their portfolio. Both asset allocation and asset location are important considerations when building an investment portfolio to meet a client’s specific goals. The best way to think about this is that asset allocation…
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