Northern Michigan Financial Articles
How to Finance and Save for Senior Care in Northern Michigan
A broken hip, a sudden stroke, memory loss—none of us like to think of a future in which we're laid off or need long-term care, but sticking our heads in the sand won't pay the whopping bills. According to the U.S. Department of Health and Human Services, if you turn...
FOR Investment Partners Explains Benefits of SRI Investing
PAID CONTENT Two Traverse City financial advisors weigh in on how following your heart can help you follow the money. Financial advisors Mecky Kessler-Howell and Kristi Avery of FOR Investment Partners in Traverse City are empowering clients to invest with a focus on...
The Value of Adding a Family Roundtable to Financial Planning
PAID CONTENT Northern Michigan financial planners hemming& Wealth Management explain the value of family financial transparency and how experts can make that a success. It can be difficult enough to make individual decisions about finances, but many of those have...
Tips for Retirement for Small Business Owners in Northern Michigan
Small business owners are our economy’s economic engine—entrepreneurs generate half of all private sector jobs, payroll and output. But when it comes to their own financial future, they can be so focused on investing in their business and employees that they may need...
Traverse City Wealth Managers Share 7 Strategies for Smart Spending (While Still Living it Up) in Retirement
Want to really enjoy the good life in Northern Michigan once you retire? Two top Traverse City wealth managers share the client tips they wish everyone knew.Prepare for the "Seven Saturdays" “Before retirement, Saturday is typically a peak spending day for people....
Traverse City Financial Advisors Share Easy Tips for Millennials and Gen Xers
Different generations, different priorities, different strategies. Here’s how Traverse City financial advisors are helping Millennial and Gen X clients get ahead of the money curve.Gen Xers and Millennials may not have a ton in common when it comes to pop culture and...
Prout Financial Design Tells Us How to Invest for the Kids…and Their Kids
We sit down with Dennis Prout of Traverse City’s Prout Financial Design to find out how to pass along funds—and financial wisdom—to the next generation.How many grandkids do you have?Four.What do they call you?Papa.Are the rumors true? Is grandparenting really better...
5 Easy To-Dos To Check Off Your Retirement Plan List
Everyone loves a simple list to feel like they’ve accomplished something meaningful. Here is an easy-to-follow checklist for you on your way toward a sustainable retirement from Front Street Wealth Management in Traverse City.Featured in the 2019 issue of MyNorth...
What Are Alternative Investments? Advice From Intentional Wealth Advisors, LLC
After the financial crash of 2008, many individual investors soured on the stock market and, after all these years, are still not jumping back in. But investors are also uninspired by the bond market, because interest rates are so low. “We have record amounts of cash...
What the New Federal Fiduciary Rule Means to You
There’s been a lot of talk about the new federal Fiduciary Rule. We check in with Kathy Dixon, vice president and trust officer with Chemical Wealth Management in Traverse City, to help put the change in perspective. The name Fiduciary Rule sounds pretty vague and...