As we embark on a new year, there's no better time to take control of your financial future by thoroughly reviewing your cash flow. If having a vision and establishing goals is the touchstone for a financial plan, this essential financial practice sets the foundation for achieving your goals and ensuring long-term financial stability.
Anyone who has gone through a divorce knows how emotionally challenging and financially complex it can be. While attorneys handle the legal aspects, a Certified Divorce Financial Analyst® focuses specifically on the financial implications of divorce. This specialized designation equips professionals with the expertise to guide clients through the intricate financial aspects of divorce proceedings, ensuring better outcomes for their financial future.
Anna Marie Mock, a fee-only certified financial planner at Highland Financial Advisors, discusses the dynamic interplay between art and science in financial planning. Drawing inspiration from Leonardo da Vinci's philosophy that "everything connects to everything else," she emphasizes that financial planning is an art involving subjective goal-setting and a science-driven by objective analysis tools. In this video, Anna explains how the scientific method can be applied to financial planning, using equity compensation as a concrete example.
What are your thoughts, feelings, and beliefs about money? What about your partner, and do they differ from your own? Sometimes, the conflict we experience around money in our personal lives can be attributed to incongruent money scripts with those with whom we share finances. Let’s dive into the term money script and how understanding it can help us achieve our financial goals.
I’ve been asked numerous times throughout my career about the importance of diversification in a portfolio. After all, why not just buy the “hottest stocks” or the hottest sector, as evidenced most recently by the “Magnificent 7” (Google, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla)? This portfolio would have had a 1,3-, and 5-year annualized return of 20.9%, 46.22% and 37.98%, respectively.
As we cross the halfway mark of 2025, the coming months present a crucial window for strategic financial decisions. While many focus on summer plans, forward-thinking investors are laying the groundwork for sustained growth. Here are five key investment areas we consistently address with HIGHLAND clients.
The recent settlement between the National Association of Realtors (NAR) and various plaintiffs marks a significant turning point in the real estate industry. This agreement, which resolves allegations of anti-competitive practices, took effect on August 17th and could substantially change how homes are bought and sold across the United States.
