The BBB’s SALT Cap & What it Means for Taxpayers
For those of us in the Golden State, we know there’s a cost to living in paradise: the California state tax rate. Having the highest tax rate in the nation isn’t exactly something to brag about, but it does mean we’re no strangers to savvy tax planning, especially as it relates to retirement planning. And […]
6 Wealth-Building Habits I’ve Learned from 30 Years of Working with High-Net-Worth Clients
As a certified financial planner with over three decades of experience, I’ve had the privilege of working closely with high-net-worth individuals and business owners across various industries. My clients include medical professionals, attorneys, entrepreneurs, and other successful individuals who’ve mastered the art of growing their businesses, reducing their taxes, and managing their wealth effectively. Through […]
The Great Rotation: A Compelling Case for Global Investing
For more than a decade, U.S.-based stocks have largely dominated the stock market and outperformed their international counterparts. But history tells us that this power dynamic doesn’t last forever, and in recent months, we’ve started to experience a shift which we’ve dubbed “the great rotation.” After a period of U.S. dominated markets, international stocks may […]
For The Win: Maximizing Your Opportunity and Savvy Tax Planning
While investors often associate wealth management with growth strategies, there’s another important piece to the equation—protecting the earnings you’ve worked so hard to grow. Taxes are an inevitability, but that doesn’t mean you should pay more than you have to. California residents, especially, are hit with some of the highest taxes in the country—making it […]
Top 5 Benefits of Working With a Financial Advisor
Some things are just too difficult or stressful to do on our own. Sometimes, what we need is a little boost or a jumpstart to get started on work that will ultimately improve our lives over the long term. It just takes the right motivation to energize ourselves, which is why it pays off when […]
Wealth, Family, and the Future of Care: Is Self-Insuring the Right Choice?
One of the most frequent questions financial advisors receive from high-income clients is whether or not they should self-insure their long-term care (LTC). With a robust portfolio, self-insurance might seem feasible, but is this approach the right choice? For high-net-worth individuals, the answer typically requires a closer look at financial impacts and, equally importantly, the […]
Open Enrollment: Medicare and Employer-Provided Benefit Revie
It’s open enrollment season! Whether you’re covered by Medicare, or an employer plan, this is an important time to review your benefits and make any changes for the coming year. Medicare: Starting in 2025, out-of-pocket prescription drug costs are capped at $2,000, and the copay for insulin is capped at $35. This is great news! […]
The Power of Mindful Spending: Making Every Dollar Count
We’re exploring how mindful spending can transform your financial health and lead to alignment with your personal values.
Discovering Your Financial Mission: How to Align Your Values with Your Wealth
How you choose to spend your money is important, and when done thoughtfully, it has the potential to make a bigger impact.
The Mission Street Wealth Planning Experience
We understand that with growing access to virtual investment software, robo-tools, and numerous advisory firms, you may be wondering what sets one professional apart from the other. Well, beyond the basics of wealth management and financial planning, we believe you can tell a lot about a firm by how they approach the client experience. To […]