Wealth Management Perspectives
Get Your Estate Plans in Order
As we approach the end of the year, here are five simple steps to take to make sure your legacy is in order.
Women Talking Wealth: Ana Geller
In the latest installment of our Women Talking Wealth series, Associate Branch Manager Ana Geller discusses her own financial journey and her advice for aspiring leaders.
Tax Moves for Year End
Year-end tax planning is more complicated this year, but these simple ideas can help you achieve your long-term retirement, estate and charitable goals.
Washington Policy Research – Nov. 16, 2021
When it became clear that proposed tax rate increases and estate tax changes were unlikely to pass, Congressional Democrats came up with an alternative plan.
Equity Compensation: Beyond Benefits
When mapping out your financial future, don’t minimize the impact stock compensation can have on accumulating wealth.
Women Talking Wealth: Jeannette Haen
In the latest installment of our Women Talking Wealth series, Education Planning Consultant Jeannette Haen discusses the importance of goal setting.
Put a Picasso in Your Portfolio
Collectibles like art, classic cars, sports cards, and even comic books have become an asset class of their own. Before you invest in them, here are some guidelines to keep in mind.
Managing Your Medicare Premiums
Your Medicare costs depend on a variety of factors, and can even change after you begin the program. Here’s how you can keep your costs under control.
Washington Policy Research - October 4, 2021
US treasury may have to prioritize which aspects of the government continue to be funded.
Make the Most of Your RMDs
Distributions from your retirement plan will be a cornerstone of your later years. New regulations around RMDs can help you get even more out of your assets.
The Best Market Indicator Is…
One data point out of context doesn’t tell you the full story.
Is It Time To Make a Change?
When do you know? And when do you know you’re ready?
Washington Policy Research - Sept.13, 2021
The slate facing policymakers in Washington is as large and significant as any in recent memory.
A Bigger Payday for Retirees
The 2022 Cost of Living Adjustment for Social Security recipients is expected to be the largest in 40 years – an unexpected upside to this year’s increased inflation.
Buying or Selling a House in a Seller’s Market
Six tips on taking advantage of today’s housing market.
Washington Policy Research - August 16, 2021
Western investors increasingly see capital risk when investing in Chinese firms, and politicians are beginning to add pressure. Concurrently, China is only becoming more aggressive geopolitically and economically.
Market Mailbag: Looking Forward, Looking Back
What has surprised us the most so far in 2021?
Can a Stock Market Selloff Be a Good Thing?
When a down market can be a blessing in disguise.
Is This the End of the “Grandparent Rule?” – Plus Other Education Funding Strategies for Grandparents
Looking to help your grandkids with their education? Here are some tips.
Women Talking Wealth: Peche Myers
In the latest installment of our Women Talking Wealth series, Associate Branch Manager Peche Myers discusses the financial and professional impact of chronic illness.
How To Organize Your Financial Life
Keeping your financial documents organized might feel like a chore, but it can be a lifesaver in an emergency.
Education Planning Q&A: Student Debt Relief, In-Person Classes
Baird Education Planning Consultant Jeannette Haen weighs in on what to expect for 2021.
Seeing the Big Picture
To meet your financial goals requires keeping all your assets and accounts coordinated. New tools make it easier for you to keep your eye on the big picture.
"Am I Ready to Move Out of My Parents' House?"
Record numbers of young adults are living at home with their parents. Here are five steps you can take to pursue your own independence.
How Much Should You Be Worried About Inflation?
Are we in for a spate of inflation? If we are, how can you protect yourself? Baird’s John Taft and Mike Antonelli offer their perspectives on the future of your assets.
Financial Planning Mailbag: Dealing With Uncertainty
With the COVID-19 pandemic starting to wind down and a new government in Washington, our clients are wondering how to plan for the unknown.
The Year of Living Dangerously
After a year of working from home and fearing this market, Ross Mayfield reflects on what the pandemic has taught millennials about investing.
Women Talking Wealth: Kathy Cobb
In the latest installment of our Women Talking Wealth series, Business Development Consultant Kathy Cobb discusses her personal financial journey.
Pay to Play: Planning for Your Child’s Extracurricular Activities
Make sure your budget is in line with your – and your child’s – expectations and level of interest.
Retirement Planning – at Your First Job
Planning for your retirement isn’t hard, as long as you stick to a few simple principles. Even if you’re on your first real job, you can employ these strategies right now.
5 Strategies for Paying Off Credit Card Debt
U.S. consumer credit card debt recently topped $1 trillion. Here are five tips for getting you back in the black.
What the New Stimulus Bill Means for You
The Biden administration’s $1.9 trillion recovery plan offers several expanded tax credits and other relief measures. Here’s how you can take advantage of them.
The Case for Liquidity
The best way to maximize your outcomes is to maximize your choices.
Unpacking What It Means To Be a Fiduciary
The fiduciary standard offers protection for investors, but that’s not the whole story.
Market Mailbag: What Dangers Lurk Around the Corner?
Baird’s experts weigh in on the biggest threats to today’s stock market.
How To Deal With the Inevitable Volatility
Be still, sad heart! Into each life some rain must fall.
To Bubble or Not to Bubble: That Is the Question
Are the current sky-high stock market valuations sustainable? Baird’s John Taft and Mike Antonelli discuss whether we’re in a bubble, and how investors should deal with it.
Parental Loans and Paying for College
Advice for parents before they agree to take on college debt for their children.
Ten Financial Resolutions for Young Adults
Now that you’re out of your parents’ house and on your own, here’s how to build a solid financial footing for yourself.
What’s in the New Coronavirus Relief Package
In addition to the relief checks, the new Covid-19 stimulus package contains adjustments to such things as charitable giving provisions, tax credits and unemployment.
When Financial Health Meets Mental Health
As many have learned in 2020, your finances affect your mental well-being, and vice-versa. Acknowledging this is the first step toward conquering the stress.
IRAs: To Convert or Not To Convert?
Is it nobler to suffer the slings and arrows of your traditional IRA? It depends on your circumstances.
ESG Under the Microscope
Baird’s John Taft and Chris Merker on how ESG is evolving and what investors should watch for.
Planning To Be Alone
4 tips on how to financially prepare for widowhood.
A Smarter Way to Give
With donor-advised funds, you can respond to a natural disaster in a way that fits your broader financial plans.
Potential Tax Benefits of Charitable Giving
The 2017 Tax Cuts & Jobs Act (TCJA) will likely simplify filing for many taxpayers – but if you’ve traditionally deducted charitable gifts, you may have a new headache this tax season.
What Did We Learn?
Baird’s Mike Antonelli and John Taft weigh in on what they took away from a tumultuous 2020.
What To Expect From a Biden Presidency
From tax brackets to estate taxes, President-elect Joe Biden has proposed many changes that could affect you.
Relaunching Your Career During COVID
Baird Women Advisors offers five tips for women jumping back into the workforce during COVID.
Paying for Graduate School
You’ve spent your kids’ entire lives saving for their college tuition – so what happens when they say they want to go to grad school, too?
Investing isn’t only for the wealthy. Here’s how you can turn a weekly muffin and latte into a proper nest egg.
Taking Advantage of Tax-Loss Harvesting
After a year of great market volatility, many investors can make use of tax-loss harvesting - selling declining securities to get a tax advantage.
Tax Strategies for 2021 Filing
An in-depth look at the strategies taxpayers can take advantage of for the 2020 tax year.
Helping Out a Family Member in Financial Trouble
How do you offer money in a way that works for everyone?
So Now What?
What investors should be thinking about now that the election is over.
Saving for College: A Brief Guide for Parents
Key questions that can help you get started on providing for your kids’ education.
Inside the Gender Wage Gap
Women make 82 cents for every dollar earned by men. Here’s how – and why - that happens.
Clients Ask: How Should I Handle Early Retirement?
The COVID-19 pandemic has pushed many people into retirement earlier than they expected. Here’s how to handle the key decisions.
Are You Working Too Much?
When do you know you’ve crossed the line from “the right amount” to “too much?”
A Final Thought on the 2020 Election
How will the stock market react once all the votes are counted?
The Dangers of Portfolio Tinkering
“Your money is like a bar of soap – the more you handle it, the less you’ll have.”
Taking Control of Your Financial Future
A majority of American women say they would like to be more engaged with their finances. Here’s how you can remain in control of your money.
High-Net-Worth Tax Moves for Right Now
The current environment – low taxes, low interest rates, new CARES Act regulations – adds up to several tax advantages for high-net-worth individuals.
Key Moves for Open Enrollment Season
During this year’s open enrollment season, take some time to make sure your benefits choices are aligned with your overall financial plan.
Teaching Kids to Be Fiscally Fit
For any parent, one of the most valuable lessons you can teach your children is how to be smart with money. No matter how old they are, there are lessons to be imparted.
Investing Starts at Home
Thinking about a home improvement? Here are a few that could actually pay off when you go to sell your home.
Where Should You Retire?
Where should you retire? From low taxes to high culture, here’s a quick survey of the factors to consider in choosing where you’ll spend the rest of your life.
The 2020 Surge in Retail Trading
Baird’s Mike Antonelli and John Taft discuss what it means when individual stock traders take things into their own hands.
Investment Strategy Mailbag: Where Do You Invest During a Pandemic?, Investing at Age 70
Investment strategy questions posed to Baird market experts. Updated: September 4, 2020
Staying the Course
Focus too much on day-to-day market performance and you could miss the larger trend.
Making the Most of Employee Stock Ownership
With companies reducing grants of options or restricting company stock in their 401(k) plan, employee stock purchase plans are emerging as powerful investment vehicles.
ESG Investing During the COVID Pandemic
Mike Antonelli and John Taft look at how ESG investments have fared in the face of extreme market volatility.
Investing in an Election Year
Mike Antonelli and Ross Mayfield discuss the perils in letting the upcoming election influence your portfolio strategy.
How to Read the Financial News
You can’t always take what you read at face value. Here’s how you can sift through the news to get to the actionable insight you’re after.
Diversification: The "Free Lunch" of Portfolio Building
While diversification doesn’t guarantee against loss, it is one of the most successful strategies for portfolio building over the long term.
Market Mailbag: Have We Hit Bottom?, Understanding the National Debt
Client questions posed to Baird market analysts. Updated: July 28, 2020
A Most Curious Market Rally
Why is the market doing so well with so many out of work?
Optimism vs. Pessimism
Mike Antonelli and John Taft take on conventional wisdom behind the aging investor.
Make the Most of Your Stock Compensation With an 83(b) Election
Stock options are always tricky from a tax standpoint. Here’s one way to make them work for you.
Reg BI – A Win for All Involved
Reg BI raises the bar for investor protection while preserving individuals’ ability to choose who they work with, the products that best suit them, and how to pay for them.
A Q&A on Education Planning During COVID-19
COVID-19 has had a major impact on the way people are saving – and paying – for college. Baird’s Wealth Solutions Group weighs in.
Five Do’s and Don’ts of Medical Debt
It’s easy to get overwhelmed when that first big medical bill arrives. Here are five do’s and don’ts so you don’t pay more than you have to.
The COVID-19 Recession
The COVID-19 recession is different from recessions in the past. Here’s why it matters.
4 Myths When Managing Sudden Wealth
Sudden wealth can be a blessing – or a curse, if not managed thoughtfully.
These Are a Few of My Favorite Quotes
Mike Antonelli and John Taft turn to investing legends past and present to help make sense of these turbulent times.
How Does Equity Compensation Fit Into Your Financial Plan?
Equity compensation can be complex, but don’t let your benefits go on autopilot. Here’s why it’s important to factor them into your broader wealth management plans.
Life Insurance Solutions for Your Blended Family
Financial planning for blended families can be uncomfortable at best, but life insurance can also help you deal with the special problems of a second family.
The Smart Way to Pay Off Student Loans
When it comes to paying off your student loan debt, you may have more options than you realize.
Financial Planning Opportunities in a COVID-19 World
Despite broad market instability and low interest rates, there are several long-term planning opportunities that you can take advantage of now.
COVID-19: What Should I Be Thinking About Today?
Here are steps you can take today to regain some financial control in these unprecedented times.
In the Markets Now: An Open Letter to My Fellow Twenty-Something Investors
The volatility of the last few weeks has been unprecedented and unrelenting. This puts younger investors in an interesting and even enviable position.
Debt: Not Necessarily a Four-Letter Word
If left unchecked, debt can cost you both money and peace of mind. Here are 6 ways to get it under control and working for you.
Financial Plans Evolve Through Every Stage of Life
A financial plan must evolve with your goals, family and income level. Here's a look at how three key areas of your financial decision-making change as you move through life.
How the SECURE Act Will Change Your Retirement Distributions
The SECURE Act raises the age for taking required minimum distributions (RMDs) from a retirement plan, lifting it from age 70 ½ to 72. Here’s why that matters to you.
Lessons Learned From Investing in Volatile Times
John Taft and Mike Antonelli discuss their experiences and how to avoid the most common mistakes.
The SECURE Act’s Impact on Your Estate Planning
Thanks to the SECURE Act, certain tactics for tax and estate strategies have been curtailed. People who had been considering these tactics will now have to look elsewhere.
The Dangers of Selling During a Market Drop
Timing the market can be difficult – timing the market in a panic can be devastating.
A Lesson From My Youth
Life isn’t experienced on a balance sheet – it’s about experiencing what the world has to offer.
How the SECURE Act Can Help With College
The SECURE Act, which took effect at the beginning of this year, was primarily focused on retirement savings, but there was good news for families that have made use of 529 college tuition plans, too.
Bridging the Gap: How to Pay for Healthcare When Retiring Early
Medicare coverage begins at age 65 – so if you’re thinking of retiring early, you’ll need to bridge the healthcare gap until then. Here are some ideas.
Look Beyond the Headlines: The Coronavirus
What is the coronavirus, and how will it impact your portfolio?
Wealth and the Single Parent
Making smart financial choices while raising kids on your own can require additional planning and discipline.
Taking Advantage of the SECURE Act
The new SECURE Act presents some significant changes to IRAs and other retirement vehicles. Here’s how you can take advantage of the new rules.
A Brief Guide to Prenups
Some 62% of marriage lawyers saw a rise in prenups between 2013 and 2016. If you’ve considered joining this trend, here some good reasons to do so – and the pitfalls to avoid.
Protect Yourself From Wire Fraud
Wire fraud is one of the most frightening types of theft that can happen to you, if for no other reason than wire transfers are routinely transacted in the tens or even hundreds of thousands of dollars. But a good financial professional, such as those at Baird, can help ensure your transactions are safe.
The Difficulty in Calling a Market Top
Trying to “time the market” is both highly risky and incredibly difficult.
How to Cover the Cost of Your Wedding
The average American wedding costs roughly $30,000 these days. If that number gives you cold feet, here are some practical ways to help you keep that special day under control.
A Budget You Can Live With
A budget can be the first step toward achieving your financial goals. But it doesn’t work if it’s not realistic. Here are some steps to help get your finances under control.
When to Take Your Benefit: A Key Retirement Decision
You should manage your Social Security like any other investment. Unfortunately, most Americans don’t, and may be missing out on as much as $100,000 in benefits. Here’s a guide to help you make the most of Social Security.
Building Portfolios for Volatile Times
If the market’s sudden moves have you thinking about getting out, here are some investment strategies to reassure you. Most important: Keep your focus on the long term.
How Much Life Insurance Do You Need?
The primary purpose of life insurance is to cover the financial needs of loved ones after you’re gone. How much is enough for your family? This guide from Baird can help.
Understanding Your Benefits: Financial Planning for Service Members
Service members who reach their ETS date or retire from the U.S. military are eligible for a host of financial benefits. Here’s how you can take advantage of them.
Picking the Right Corporate Structure for Your Business
How you structure your business can impact taxes, fundraising and what you’re responsible for if things go wrong.
So You Won the Lottery
Don’t assume that all your problems are over. Sometimes more money can create issues you didn’t see coming. Here are some simple steps to take to protect your Mega Millions.
Planning for a Child With Special Needs
More than 50 million Americans have some sort of special needs that their families are coping with? Here’s how to start addressing the financial challenges that these families are facing.
Modeling Good Financial Behavior for Your Kids
How do kids learn to handle their money? From watching you! Here are a few steps you can take to show them, by example, to be responsible savers and consumers.
How Much Should You Support Your Kids in College?
We all want what’s best for our kids, but you want them to learn the value of money too.
What to Expect (Financially) When You’re Expecting
You’re never fully prepared for how a child will change your life. But at least you can anticipate some of the financial challenges.
Modern-Day Wealth Management
Wealth management is about more than stocks or annuities. For Mike Antonelli, it’s about driving your beat-up old station wagon 2,000 miles to your happy place.
Wealth Management in Real Life: What to Do When a Loved One Is Dying
When a parent is approaching the end of their days, there are a lot of uncomfortable decisions to be made. Here’s a guide to help organize and clarify your thinking at this difficult time.
"Are We Going to Be Okay?"
Bull and Baird blog author Mike Antonelli and John Taft, author of the blog Finance for the Greater Good, discuss the most important question they get from Baird clients.
5 Financial Mistakes You Might Be Making Right Now
Five of the most common money mistakes people make – and how to avoid them.
Wealth Management Is a Family Affair
It may be awkward and uncomfortable to involve your children in your long-term financial planning. But it can make things easier for everyone involved, both now and into the future.
When a Loved One Is Diagnosed With Alzheimer’s
Financial considerations you should keep in mind as you plan for care.
Managing Health Care for an Elderly Loved One
For many caregivers, this can be a very difficult choice. This article can help you with both the practical and emotional sides of this decision.
Long-Term Care Insurance: A Beginner’s Guide
More than two thirds of us are likely to need some form of long-term care in our lives. Will you be able to cover that expense? The time to start getting prepared for it is right now.
Have You Planned for All 3 Phases of Retirement?
The key to a fulfilling, happy retirement is being prepared – mentally and financially – for all 3 phases.
Should You Buy or Lease Your Next Car?
Four questions to ask yourself before signing on the dotted line.
To Consolidate or Not To Consolidate Your Student Debt
Consolidating or refinancing your student loans could save you time and hassle – and even reduce your monthly payments. But is it the smart decision?
‘Til Debt Do Us Part
Thinking about taking the financial plunge and combining your finances? Here are six relationship-saving strategies to consider before merging your accounts.
Giving Love – and Money – to the Grandkids
In addition to being an incredibly loving gesture, paying for a grandchild’s education is a substantial investment in their future. Baird has thoughts about how you – and they – can get the most out of it.
Don’t Believe the Word on the Tweet
As a Millennial, you’ve probably read a million social media posts trying to tell you who you are and where you’re going in life. Let us help you prove them wrong.
Cyber Self-Defense: Protecting Yourself Online
Between online commerce and social media, we’re all spending more time on the internet these days. So are cyber criminals. Learn to protect yourself from their most common scams.
Some Things Are Just Too Hard
How is landscaping like investing? For Baird’s Mike Antonelli, they’re both things he’s happy to pay a professional to do for him.
Building Your Emergency Fund
Relying on credit cards in a crisis could be costly. The smarter choice? Start building your personal emergency fund.
Safeguard Your Online Information
With so much of our business happening online these days, it’s no surprise that hackers put a great deal of effort into trying to access your information.
7 red flags that an email you received is actually an attempt to steal your personal information
Is Now the Time To Refinance Your Mortgage?
Falling interest rates have many homeowners taking a second look at their original loans.
Incorporating Responsible Investing Into Your Portfolio
While investing is instrumental to achieving the future you want, you don’t have to sacrifice your principles along the way.
So You’ve Inherited Some Property….
Inheriting a lump sum of cash is a relatively simple process. Inheriting a noncash asset, though, like a vacation home or a stock portfolio, can present a whole different set of issues.
Three Alternatives to a Traditional Retirement
Not everyone wants a traditional retirement, but it can be tough to visualize a different path when society seems to expect you to work for four decades and bow out when you’re eligible for Social Security.
Teaching Kids to be Financially Fit
As a parent, one of the most valuable lessons you can teach your children is how to be smart with money.
Preparing for Risks You Can’t Foresee
No matter where you are in your life’s journey, there’s going to be some element of risk you’ll need to plan for.
Investing in Your Values
The rise of socially responsible investing lets investors put their money where their values are. This is the first in a two-part series on Socially Responsible Investing.
Putting Your Investment Eggs in Multiple Baskets
No matter how a concentration position develops, if your portfolio is overweighted in any one position, you’re exposed to undue risk.
Prepare for Medicare: A Guide for First-Timers
Medicare is a program that includes several different forms of health care, some of which are provided by the federal government and some by private insurers. As a result, it can be a fairly complicated program to understand.
Maximizing Company Stock Compensation
Receiving shares of stock in the company you work for as part of your compensation is an excellent way to share in the success of the business, and can be very lucrative. But stock awards can be tricky to manage.
Does Diversification Still Work?
Hindsight may be 20/20, but investing is about looking forward.
A Big Decision for Small Businesses
It’s critical you identify the right retirement plan for your business.
How to Buy a House in Eight Steps: A Guide for First-Time Homebuyers
Whether "someday" is coming up soon or still a couple years down the road, you can benefit from learning about the process and the financial decisions you'll need to make.
Where should my next dollar go? Education vs. Retirement
A new feature that helps readers tackle their most pressing wealth management concerns.
Be a Good Partner to Your CPA
Advice for keeping the tax return preparation process simple and cost-effective.
What Women Need to Know About Social Security
Tips for women looking to maximize their Social Security benefits.
Four Financial Resolutions (and Simple Ways to Keep Them)
Keeping a financial resolution starts with practicing good habits every day, all year long. Here’s are a few easy steps you can take to follow through on some of the most common financial resolutions:
How to Prepare for the Financial Impact of Divorce
While divorce can be overwhelming, there are ways to be proactive and take steps to maintain your financial well-being. Here are a few things to consider at key stages of the divorce process.
Don’t Let the Market Psych You Out
Understanding the way our innate tendencies affect the decisions we make can help you be a smarter investor in any environment.
Wealth Management in Real Life
Just engaged? Here’s how to financially plan ahead for marriage, a house and kids.
Getting Ahead of the Curve
In December 2008, on the heels of the Great Recession, the Federal Reserve attempted to stave off deflation by lowering interest rates to near 0%. It took seven years before the Fed would raise rates again, but now – eight rate hikes later with more seemingly on the way – most economists agree we’re in a rising rate environment.
Why Everyone Needs an Estate Plan – Yes, Even You
No matter where you are in your life – just starting out, a couple years into your career or planning for retirement – you can and should have an estate plan.
Don’t Put Off Your Estate Plan!
No matter the size of your family or bank account, the conversation about estate planning needs to be had.