Why You Should Sit on the Board of Directors of a Company
As a member of a Board of Directors, you are responsible at a high level for the activities of the organization, whether it’s a nonprofit or corporation. You’re not concerned with the nitty-gritty details, because the officers of the organization handle those. The mission of the corporate board is to maximize the benefits to the […]
Making a Charitable Impact
As you can tell by looking at our bios, we at Platt WM like to get involved in charitable organizations! There are a number of ways to have an impact with your giving. Impact of Tax Cuts & Jobs Act (TCJA) on charitable giving Previously, individuals who donated to charity were able to take tax […]
How to Find Credible Financial Information Online
Many clients enjoy looking up news and information about personal finance online, even when they have a financial advisor. Educating yourself is great! However, not all sites are equal. Some have false information, and others are simply designed to sell you something. They’re not always obvious. How do you know which sites on finance are […]
How Women Can Overcome Financial Obstacles in the Workplace
Women experience unique financial obstacles and need custom solutions. This is the third article in a series on Women Investors. You’re probably familiar with the studies showing the gender pay gap, that women are paid 10 to 20% less than men for the same jobs. Books like Lean In by Sheryl Sandberg and the […]
Women and Finance
A four-part series of the challenges that women face when it comes to planning for a secure financial future and investing to make that plan happen. This is the second article in a series on Women Investors. The statistics are sobering – over 80% of women will be solely responsible for their finances at […]
How to Build An Ideal Retirement Plan
Retirement is arguably the largest saving goal you’ll have in your life. While saving for your golden years may not always seem like a top priority, it can creep up on you — fast. Retirement planning requires a strong strategy to support the goals and dreams you have for your future. Your retirement plan will […]
The Importance of Comprehensive Financial Planning
Contrary to what you may have been told in the past, financial planning is so much more than simply crunching numbers and filing taxes to the IRS. A comprehensive plan can uncover wealth, reveal new opportunities and show possible pitfalls. Financial planning is a diverse field — aimed to help you use your money to […]
Should You Get A Second Opinion From a CFP?
In almost every industry and nearly every aspect of life, it is common to seek out second opinions. They help you decide if you are getting the best value for the services that you are paying for. Second opinions are especially helpful when making important, life-changing decisions. You would get a second opinion regarding medical […]
Why Both Spouses Should Attend the Financial Planning Meetings
Financial planning meetings are opportunities for both spouses to ask questions and confirm their financial plan. During a marriage, many of the household tasks are divided. Finances tend to be one of these tasks. One person takes care of them, and the other pays little to no attention to it. In some cases, one […]
Tax Deadlines and Valentine’s Day Tips
We put together a quick honey-do and tips list for February tax and romance deadlines. It may seem contrary to think of Valentines Day and Tax Day at the same time, but for financial planners, it makes perfect sense. Whether you are single or together with someone, you want to have a feel-good plan […]