financial planning Archives - Page 9 of 9

Choosing a Financial Advisor: What to Know Before You Invest

jmuch2025-03-26T09:18:46-05:00June 28, 2018|Categories: Resource Center|Tags: chicago, financial planning, taxes, wealth management|

Choosing a Financial Advisor: What to Know Before You Invest

Choosing a Financial Advisor: What to Know Before You Invest

Choosing a financial advisor may be one of the most important financial decisions that you’ll ever make, and the quality of this advisor’s advice could heavily influence your long-term financial success.

Choosing the right financial advisor is crucial. The advisor you select will influence key financial decisions, from investments to estate planning. It’s important to understand your needs, whether it’s retirement planning or tax strategy. Advisors often specialize in different areas, so make sure you find one with the right expertise for your goals.

Check the qualifications and experience of potential advisors. Professional certifications, such as CFP® or ChFC, can indicate a higher level of training and commitment. Use tools like FINRA’s BrokerCheck to verify credentials and review complaint history. It’s also helpful to interview multiple advisors to compare their experience, qualifications, and …

Is College Worth It?

jmuch2025-03-26T09:43:53-05:00March 29, 2018|Categories: Resource Center|Tags: college education, financial planning|

Is College Worth It?

Is College Worth it?
With college debt at an all-time high and first jobs challenging to find, you may be wondering about the ROI of a college education. The decision to attend – or not – is intensely personal. But, if college lies in your future or the future of someone you love, it is important to start the planning process as soon as possible.

Rising college tuition and mounting student loan debt have many Americans questioning if college is worth it. The decision to attend college is a major one with long-term financial and personal consequences. While a degree can lead to higher earnings and better job opportunities, it also comes with significant costs, including tuition, housing, books, and other expenses. Financial aid can help cover some of these costs, but many students still graduate with substantial debt.

The benefits of a college degree are clear. College graduates …

Taking an Active Role in Your Family’s Wealth Management Process

jmuch2025-03-26T10:01:57-05:00October 25, 2017|Categories: Resource Center|Tags: financial planning, wealth management|

Taking an Active Role in Your Family’s Wealth Management Process: Four tangible steps to follow your family’s financial roadmap

Taking an Active Role in Your Family’s Wealth Management Process

Likely, your parents haven’t shared their financial goals, intentions and legacy wishes with you. A discussion of family financial values and wealth transfer plans is an inherently difficult, albeit necessary, conversation. While no one wants to have this conversation with their parents or loved ones, we think it’s a necessary step that can provide you with the roadmap you need to follow and thoughtfully execute your family’s financial plan.

A 2016 survey revealed that nearly half of wealthy baby boomers hadn’t discussed family financial values or wealth transfer plans with their adult children. While these conversations can be difficult, they are essential for understanding your parents’ financial goals and wishes for the future. At CTS Financial Group, we offer support to help …

Rise of the Robots or a Relationship Renaissance?

jmuch2025-03-26T10:07:37-05:00August 30, 2017|Categories: Resource Center|Tags: financial planning, investing, retirement, wealth management|

Rise of the Robots or a Relationship Renaissance? Not so fast.

Rise of the Robots or a Relationship Renaissance?

Are we experiencing a rise of the machines or an opportunity for a relationship renaissance? When it comes to robo-advisors, CTS believes in forward-thinking technology but not at the expense of hands-on research and face-to-face interaction.

At CTS, we provide personalized financial advice that robo-advisors can’t match. While robo-advisors use algorithms to manage your money, we focus on getting to know you as an individual, tailoring strategies to your specific goals and needs. We keep you involved in the decision-making process, ensuring you understand your investments and feel confident in your choices.

We also act as your financial coaches, helping you stay accountable and adjust strategies as your life changes. Unlike robo-advisors, which offer minimal interaction, we provide access to a knowledgeable, local advisor who knows your situation. Beyond investing, we help with major …

6 Important Financial Strategies for Your 20’s and 30’s

jmuch2025-03-26T10:09:42-05:00July 21, 2017|Categories: Resource Center|Tags: financial planning, retirement|

6 Important Financial Strategies for Your 20’s and 30’s

6 Important Financial Strategies for Your 20’s and 30’s

At CTS, we realize that retirement for the Baby Boomer generation likely looks very different than it will for Gen X and Gen Y. In lieu of pension plans and other traditional benefits that Boomers may have access to, Gen X and Gen Y will likely have to rely on personal savings and investments. As a result, financial planning will take on increased importance. In addition, medical advances mean that average life spans are increasing, so you a longer retirement could become the norm.

As a Gen Y or Gen X investor, your financial goals are different from previous generations. Baby Boomers had pensions and stable careers, but you may not have those same benefits. It’s important to start planning early, especially since life expectancies are longer today.

At CTS Financial Group, we know that …