All Posts By

Aviva Pinto, CDFA®, CDS™

prenup

Why Should I Sign a Prenup?

By Blog
It’s not because either of you thinks the marriage won’t last To many, “prenup” (short for a prenuptial agreement) is a bad word. Why would any loving couple want to start off their marriage with a financial contractual agreement? As a wealth manager, I counsel clients who have a large disparity in wealth to execute a prenup. Some are getting married later in life and have built up considerable assets, some started a company, some are getting married for the second time. Some have former children to worry about. Some clients have children with considerable trusts getting married. We have…
Read More
planning

A Guide to End-of-Life Planning

By Blog
Although planning for end-of-life can be emotionally fraught and daunting, organizing affairs well before the need arises helps families and beneficiaries immensely after a loved one’s passing. But where to start? With the abundance of paper and digital resources accompanying the myriad accounts that comprise many years well-lived, it can be hard to know which are essential to have on hand. The most important things to have in place are: An up-to-date financial plan: Consult with your wealth advisor who can assess your current financial situation and update your financial plans to address any end of life concerns. Your advisor…
Read More
couples finances

What to do when a partner has little or no interest in finances

By Blog
It’s not uncommon in a relationship for one partner to handle most of the finances and the other to have little or no interest—or involvement—in the process. In these setups, difficult situations or unexpected events such as divorce, widowhood or the sudden incapacitation of a partner can leave the uninformed spouse financially vulnerable. For an uninterested or uninformed partner, trying to become acclimated with the couple’s finances can be a daunting task – and even more challenging without knowing where to start. Financial accounts and statements may be scattered across various internet portals, each with a separate password, and simply…
Read More

Don’t Panic, Prepare: What To Do Before the Next Market Correction

By Blog
Before the most recent market correction of late-January and early-February this year, investors hadn’t experienced 10% (or greater) retreat in market prices since January 2016.  The bull market that seemingly produced a new record high each week in 2017 was confronted with historic market realities in early 2018. Now that we have experienced some volatility in 2018, we need to prepare ourselves for the next market correction.  There’s no telling when it will come, but a savvy investor is one who is aware of the market’s history of volatility and has a game plan for achieving long-term investment goals, even…
Read More
investing mistakes

Common Investing Mistakes to Avoid

By Blog
When the markets experience such a positive year, as they did in 2017, investors rejoice in their smart asset allocation and strategy. But good market years make even the rookie investor look savvy. But investing is a long game – investment strategies that grow your income and wealth over a 40-year period require calm, sober patience. While investing mistakes are common, most are completely avoidable with the proper advice and guidance of a wealth manager or financial advisor. No matter how well your portfolio performed in 2017, consider these common investing mistakes. Mistake 1: Investing without a plan Without a…
Read More

The Finances of Divorce

By Blog
Planning Your Finances Must be a Priority During Divorce Whether you are just thinking about divorce, in the middle of the divorce, or your divorce is finally over, planning your finances should be a top priority. Regardless of who handled the financial decisions during marriage, it is critical to focus on your future and set financial goals, as these decisions will likely affect the rest of your life. Emotions are Expected, but try to Separate Them From Your Financial Assessment It is easy to get swept up in the emotions and not want to deal with the finances, but at…
Read More
loss of your spouse

On Your Own: Financial Advice After Losing Your Spouse

By Guides & Whitepapers
It’s a day you hoped would never come. Your spouse has died. Your world is turned upside down, leaving you vulnerable and bereft. And as you are dealing with your grief and the loss of your spouse, you will be required to make critical legal and financial decisions in the coming days, weeks and months. It can be overwhelming, especially if your spouse was the one who managed your financial and legal affairs. It’s a familiar scenario. According to U.S. Census data, about 800,000 Americans are widowed each year, most of them women. In 2014, there were 14.2 million widowed…
Read More
401(k) contributions

Going Through Divorce and Over 50? Make Finances Your Top Priority

By Guides & Whitepapers
Divorce is a reality for a growing number of aging couples, a phenomenon commonly referred to as “gray divorce”. According to a 2013 study at Bowling Green State University, the divorce rate among adults ages 50 and older doubled between 1990 and 2010. Now, one in four Americans getting divorced is 50 or older.1 The study also found that the divorce rate is 2.5 times higher for those in remarriages compared to those in first marriages. Those in the Baby Boomer generation, people born between 1946 and 1964, were the first to divorce and remarry while they were young, and may…
Read More