“Risk is what’s left when you think you’ve thought of everything.” -Carl Richards, The Behavior Gap These words from Carl Richards hang over the world of finance in a curious way. Risk is traditionally defined in the financial industry as variation from the average result, e.g. “standard deviation” or the variation from the results you were expecting. Thus, when someone …

A few weeks ago, an anonymous Redditor posted the following story on the “Millennials” Reddit: “My wife and I have spent almost two decades of leveling up in jobs and careers and are now in our late 30s with two small children in a HCOL state. We scraped and suffered to buy a small ranch house and two used larger …

As the Fed has finally lowered rates and signals that it anticipates up to another half of a percent decline by the end of the year, both accumulators and retirees are faced with the question of what to do in a declining rate environment. For many clients, a relatively straightforward strategy for cash management for the past two years has …