January 17, 2020, Scottsdale, AZ – My Financial Coach (MFC) is excited to announce a new partnership with Knighton & Stone, PLLC, our latest Subject Matter Expert (SME) that has been on-boarded to the My Financial Coach platform. MFC continues to grow both in their practices and having top performing vetted Subject Matter Experts in...Read More
Its that time of year again, the leaves are changing, the weather chills, but some things, unfortunately, remain as stale as last year’s candy corn. Financial planning is a time-intensive process that can be as cumbersome and expensive as it is helpful and useful. Regardless of a financial advisor’s business model, a failure to adapt...Read More
What is “Financial Wellness”, and how has the definition changed over time? In the 80s it was stock picking and stockbrokers, bond yields were high and the hairstyles were higher (thanks to Aqua Net). As Gordon Gecko so famously stated in the 1987 film Wall Street, “Greed, for lack of a better word, is good”....Read More
Business leaders work with fierce competition and constant change every day. To succeed, leaders must understand how to dance with these unpredictable forces, learn resilience, and harness the potential for growth amid volatility. You need your most important assets, your key employees, to stay focused on achieving the company’s goals. However, when dealing with those...Read More
Closely held and family-owned businesses, all private companies for that matter, often find it difficult to attract and retain key employees. Key talent can be easily lured away by publicly held companies that offer company stock (equity) as a key component of total compensation packages. While the equity in a private company cannot be traded on...Read More
The Wall Street Journal produced a helpful guide entitled, How to Choose a Financial Planner in which the author offers this advice: “Consider the planner’s pay structure. A planner who earns money based on commission rather than a flat, hourly rate could have an incentive to steer you in a particular direction.” In general, the...Read More
According to PwC’s 2018 Employee Financial Wellness Study, which tracks the well-being of full-time employed U.S. adults, “close to half [46%] of all employees say they are stressed about their finances. And when asked what causes them the most stress in their lives, nearly twice as many say financial matters as compared to job stress;...Read More
According to the 2017 Prudential/PlanSponsor Executive Benefits Survey, the overall rate of companies offering nonqualified deferred compensation plans (NQDCPs) increased to 85 percent in 2017 from a survey low of 77.2 percent in 2015. And why should you care? NQDCPs represent an extremely attractive tax-deferral vehicle to help highly compensated employees save for retirement or...Read More
