Articles

Episode 2 features an interview with two leaders at FiComm Partners, an integrated communications agency serving the industry of financial advice.

What Is Amortization? Amortization is an accounting technique that involves spreading out the cost of a debt over a period of time by repaying the debts in installments. Amortization involves allocating the cost of the debt in a systematic manner, both for accurate financial reporting and better planning of expenses. Amortization schedules are used by lenders, such as financial institutions, to produce a loan repayment schedule based on a specific maturity date. { "@context": "https://schema

What Is Compound Interest? Compound interest is the interest on savings calculated on both the initial principal and the interest accumulated from previous periods. For example, if you make a $1,000 initial investment into a savings account with a 5% interest rate, at the end of the first year that $1,000 investment would accumulate $50 in interest, for a total of $1,050. The next year, you’ll earn 5% interest on $1,050 which is $52.50. Each year, your interest will grow without having to make

Written and compiled by 2023 Summer Marketing Intern Juliana Tabback For several years now, Wealthspire Advisors has hosted an 8-week summer internship program that welcomes rising college seniors and those with extensive interest in the wealth management world. Starting with only a handful of interns in a select number of offices, our internship program has expanded tremendously alongside our firm’s growth, enabling us to bring on 20 interns across the country this summer. We aim for our progr

Many who find themselves on the brink of divorce say they aren’t fully aware of what they have or what they will obtain post-divorce - or whether they can even afford to get divorced. However, this is a common issue, and your level of financial literacy should not be a source of embarrassment, nor should it prevent you from leaving an unhappy marriage. Once you decide to divorce, the next step is to arm yourself with information. Download our checklist to help you get organized and feel be

Written in partnership with Chapter Medicare Medicare can be quite daunting. There are thousands of supplemental plans, many different enrollment periods, and various parts like A, B, C and D. It’s all too easy to make mistakes in this complex process. Unfortunately, some of these errors can have a major impact on your finances. This guide will help you steer clear of the five most common Medicare mistakes. If you need further assistance, reach out to your Wealthspire advisor. They’ll connect y

Becoming a parent is an exciting phase in life’s journey. Suddenly, you’re responsible for another tiny human being. Amid the countless decisions and preparations for this new adventure, taking some time, even before the little one has arrived, to plan and understand the financial challenges ahead can greatly ease the inevitable chaos. As a new parent, you can use this 5-point checklist to help you organize your financial priorities. 1. Add Your Newborn to Your Health Plan One of your first res