Longevity and Continuity Planning Isn’t Just for Your Clients

It was a crisp, clear day in Sedona, Arizona. As an advisor, I was attending my broker-dealer’s 2007 educational conference and had just finished up a session. I was catching up with my business partner in the foyer when the call came in. A long-time friend and colleague of my partner’s had passed away — a financial advisor for over 45 years.
 
He was a model of perfect health. He completed over 80 marathons and was an accomplished triathlete. But even someone in such great shape wasn’t immune from life’s inevitability. He lived a rich and fulfilling 75 years, but now had passed without fully implementing a continuity plan. Continue reading

Three Essential New Year’s Resolutions

It’s that time of year when we should be thankful for our health, our friends/family and our business opportunities. Something I do every year at this time is to assess how things are going in those three areas of my life and what I’ve done — under my control — to make them the best I can.
Continue reading