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Are you interested in a long-term investment strategy but aren't sure where to start? Good! This is for you. Throughout the journey of our professional careers, we will encounter many major decisions, some of which we are more prepared for than others. Depending on your background and interests, you may know that you need a plan for long-term investment goals, but don't know how to begin. If so, know that you’re not alone. To build confidence in your plan, it is important to understand that bui

In episode 6 of the In Crowd podcast, Ang talks to Elizabeth Pizzinato, CMO of Newport Private Wealth based in Toronto and serving clients across Canada.

What Are Magnificent 7 Stocks? The term "Magnificent 7" refers to seven dominant companies, primarily in the tech sector, that currently play a significant role in shaping the stock market. These stocks are pivotal to market indices and represent some of the most innovative and valuable firms globally. What Stocks Make up The Magnificent 7? The Magnificent 7 stocks are seven of the largest, most influential, and high-growth companies in the world, typically including Apple (AAPL), Mic

Why is it called a “Dynasty Trust”? Some are surprised to learn that most trusts are temporary. Unlike a corporation, partnership, or other artificial legal entity, most trusts cannot be perpetual. A rule of law called the “Rule Against Perpetuities” terminates most trusts automatically and cuts them off at a few generations. As a result, even the most careful trust planning will eventually be unwound, because these temporary trusts will terminate, and the property will be distributed outright

The purpose of this article is to provide you with an overview of estate planning basics. Establishing or revising an estate plan first and foremost involves making a series of decisions, some of which can be daunting. We hope the information below serves as a useful guide during this process. Find answers to common tax reform questions here. What is an estate plan and why do I need one? Contrary to popular belief, estate planning typically involves more than just signing a Will. It generally i

The objective of the GRAT is to remove appreciation on the transferred assets from the grantor’s estate. The structure of the GRAT also allows this removal of appreciation to be done at minimal or no gift tax cost. Operation of the GRAT The grantor transfers an asset with high appreciation potential to the GRAT, which is an irrevocable trust. In return, the grantor retains a qualified annuity interest for a specific term of years. Common terms of years for annuity trusts range from 2-10 years.

Nothing lasts forever. While the likelihood of losing a substantial portion of your assets due to a creditor judgment is low, it remains an important consideration — along with the steps you can take to mitigate that risk. As wealth managers, we help clients diversify their investment portfolios to preserve and grow their wealth with the appropriate amount of risk. Beyond managing investment risks, it’s also crucial to minimize the potential loss of assets to creditors. These creditor issues ma

As financial advisors, we work with many clients who have lost a spouse, gone through a divorce, or are wondering what they should do if something happens to their significant other who has been managing the money and finances. We also work with many people who find themselves in a position of having to manage their parents’ finances. No matter the situation, it’s important for each person to be involved in the family finances – knowing where things are, who to call, and what to do in case an u

New York, February 4, 2025 – Wealthspire Advisors recently announced the launch of its inaugural John Wolff Award which recognizes one employee each year for their outstanding charitable efforts and contributions to their community. Named posthumously for John Wolff, a managing director in the Reston, VA office, the award honors John's dedication to his community through his life's philanthropic work. John was a pillar of the Hamilton and broader Loudoun County communities, serving on several b

Wealthspire Advisors is pleased to announce the recipients of the 2025 Rising Stars awards, recognized during the Wealthspire Advisor Summit held during in Orlando, Florida. Now in its second year, the Rising Stars awards honor outstanding advisors with less than 10 years of experience who have demonstrated exceptional client service and a strong commitment to Wealthspire’s core values. These individuals embody the firm’s dedication to excellence, integrity, and personalized wealth management s

Prior to her passing, Jade conscientiously ensured beneficiaries were named on her financial accounts, intending for her entire estate to be equally divided between her two sons, Samuel and Benjamin. However, instead of designating them as joint beneficiaries on her brokerage and bank accounts, she named Samuel as the sole beneficiary on her brokerage account and Benjamin as the sole beneficiary on her savings account. Upon Jade’s death, nearly all her assets bypassed the will and were distribu