WORTH MAGAZINE ARTICLES
We are excited that Richard P. Slaughter Associates has partnered with Worth magazine to provide articles for the bi-monthly publication. Slaughter Associates has long focused on sharing our knowledge and educating our clients, potential clients and partners, so this opportunity was a natural fit for us.
As the beneficiary of a large inheritance, it is your responsibility to ensure this familial wealth is maintained. The decisions you make following an inheritance will directly impact how that wealth is preserved for you and future generations. Read on to discover five issues that will help ensure an optimal outcome.
Your business is successful, so you regularly get calls from interested buyers. But lately, you’ve become the center of a business feeding frenzy, with prospective buyers making very attractive offers for your firm.
The problem is that you are still years away from your planned retirement, but at the same time are tempted by those well-above-market proposals. What to do?
The Department of Labor's (DOL) new fiduciary rule will begin phasing in on April 10, and going into full effect on January 1, 2018 (assuming no delays from the new presidential administration). The DOL's purpose for the new rule is to ensure that people saving for retirement have access to unbiased investment advice. Learn what questions to ask about this rule as a business owner before it goes into effect.
Stocks, bonds, real estate and cash have long been the mainstream investments. In recent years, however, the number of dollars and investors moving into nontraditional assets has skyrocketed.
“Nontraditional assets” include such things as private equity, arbitrage strategies, private debt and macro event-driven strategies. While these can provide new investment opportunities, there are many factors to consider before adding nontraditional assets to your wealth-building plan.
Successful wealth management involves a variety of priorities. As your assets accrue, you and your advisor must consider issues such as wealth accumulation, diversification, growth strategies and tax management. The level of priority you assign to each of these issues depends on where you are in your life. However, overall risk management is too often overlooked.