Have You Paused to Review Your Financial Strategy?

by Kelley Ellis, Wealth Advisor at Prio Wealth Our world has experienced a wide range of change, uncertainty and even opportunity during the past year. It’s natural for these events to impact our outlook in some way, as they present new types of risks and decisions. As many of us embrace the return to the […]

Planning Tips for 2021 Tax Season and Beyond

Coins stacked up with TAX letters on top

Written by Prio Wealth’s Director of Financial Planning, Bill Dion, CFP® 2020 was quite a year for events impacting many elements of tax and retirement planning. First, the SECURE Act (actually passed in late 2019) altered much of the landscape regarding retirement planning strategies. Then the pandemic related CARES Act created additional planning considerations. When […]

Everyone Needs A Plan

If you had an appointment twenty minutes away in a town you were not familiar with, would you try to navigate your way there on your own or would you use your GPS? Most of us would rely on the GPS navigation on our phone or in our car to get us there efficiently and […]

Understanding Women and Money

A 2017 study by Strategy Marketing revealed that 80% of women leave their financial advisor when their husband passes as they had no personal relationship with the advisor (1). In reaction, many firms began outreach programs for female investors, and committed to hiring more women as advisors. These are great steps, but they aren’t the […]

How to Give on Thanksgiving – Without Giving up Your Deductions

While the Tax Cuts and Jobs Act of 2017 simplifies the tax filings for millions of Americans by eliminating several deductions in favor of a higher standard deduction related to charitable giving, the higher deductions mean that many charitable contributions will not have an impact an individual’s tax return. Because of this, the act has […]

An Important Choice: Public or Private School?

Deciding whether to send your children to public or private school is a huge financial decision, but it’s also fraught with emotions, biases and deeply ingrained personal histories. There is no one right formula or answer to help people determine what’s right for them, but it’s helpful to understand what’s influencing the decision. Especially with […]

ABLE Accounts: A Great Way to Save for Individuals with Disabilities

As a result of the passage of the Achieving a Better Life Experience (ABLE) Act of 2014, ABLE accounts offer an effective way for individuals with disabilities and their families to save for disability expenses while maintaining eligibility for essential benefits, like Medicaid. Prior to the passage of the ABLE Act, individuals with disabilities would […]

ESG investing is both portfolio enhancing and life enhancing

Including ESG (environmental, social, and governance) factors into the investment process not only enhances returns over the long term, it also allows you to align your values and priorities with your investments. While historically, socially responsible investing meant the avoidance of “sin” stocks (alcohol, firearms, pornography), ESG investing allows you to focus on what you […]

Time Away

“The supply of time is totally inelastic. No matter how high the demand, the supply will not go up. There is no price for it and no marginal utility curve for it. Moreover, time is totally perishable and cannot be stored. Yesterday’s time is gone forever and will never come back. Time is, therefore, always […]