Author - Payne Wealth Partners

1
What You’re Up Against For Financial Success
2
How to Successfully Manage Your Financial Life When You’re Not Financially Savvy
3
Facing the Future on Your Own
4
Why Financial Advisers Aren’t Telling Rich People about Social Security
5
Seeing the Big Picture with Your Business Succession Planning

What You’re Up Against For Financial Success

Our firm of fiduciary advisers spend a significant amount of time helping clients distinguish the differences between practical decisions and emotional decisions. Everyone likes to think that they always remove emotion from the equation and respond with reason.

When it comes to money, there are few places where emotion has a greater presence. Long before you battle letting emotion slip into your investment behavior or influence your level of spending, you make the decision of partnering (or not) with an adviser.

Whether it is your nephew, a friend from church, or an old college pal, deciding who (if anyone at …

Read More

How to Successfully Manage Your Financial Life When You’re Not Financially Savvy

Distracted. That’s one adjective we’ve all used to describe one another in America today. Technology has made it easier than ever to put information right at our fingertips. This created access to an unlimited amount of information, but also a certain amount of confusion. Tech breakthroughs claiming to solve your latest road block seem to happen daily, and marketers are doing everything they can for just five seconds of our attention. With all of this unlimited information competing for our attention, many people have not taken the time to learn the basics of successfully managing their financial life.

This is …

Read More

Facing the Future on Your Own

You lie awake in the middle of the night, staring at the ceiling. All your dreams and plans for a future with your spouse have come to an end. This wasn’t the plan.

The reality of your situation is clear: you are now on your own and responsible for the outcome, in ways you never imagined.

Resist the urge to panic. You’re better prepared for this challenge than you know. It’s a good time to get your emotions in check and think about these five core concepts:

  1. Your financial security is now aligned with your beliefs and focused completely on
Read More

Why Financial Advisers Aren’t Telling Rich People about Social Security

Recent research from the Spectrem Group found that a majority of rich people (people with a net worth of $1,000,000-$5,000,000) will rely on Social Security benefits for at least 25% of their income in retirement. Unfortunately, the same study found that only about 1/3 of these individuals talked about Social Security with their financial adviser. That is an alarming statistic considering the impact Social Security income has for retirees. So why aren’t more advisers helping their clients with Social Security benefits? Commissioned Advisers Lack Incentive to Talk about Social Security It seems that the most common answer may be because… Read More

Seeing the Big Picture with Your Business Succession Planning

The success of transitioning away from a business depends greatly upon the mental perspective and preparation of an owner during the planning process.  Business owners tend to fixate their thoughts only on running and growing their business. There is a tremendous value in seeing the ‘big picture’ of your exit and thinking about where you would like the company and yourself as former owner to be. The owner who sees the big picture will be more likely to execute a successful business transition. Stepping out of a business is an opportunity to move both the owner and the company into …

Read More

Copyright 2014 FiGuide.com   About Us   Contact Us   Our Advisors       Login