As a Financial Planner, this is My Favorite Client Service

I’ve been offering investment management services since I was a sophomore in college at the University of Evansville. After receiving my CFP® certification, I offered traditional comprehensive financial planning services like retirement planning, tax planning, and, estate planning. But there’s one service that I enjoy more than all others, financial coaching. Let me explain why. Financial planning and investment management … Read More

Financial Coaching for Millennials

This article is about how and why I’ve turned to financial coaching for my clients. Financial coaching is a relatively new and interesting kind of service in the financial services industry. I became interested in financial coaching for millennials (like me) in 2018 as I was building my own company, uVest Advisory Group, LLC, an investment advisory firm. My goal … Read More

Making Better Tough Decisions

Making tough decisions is by definition — tough. One strategy that I’ve found to work for me is something I picked up from the Autobiography of Benjamin Franklin. In it, Franklin writes about creating a standard “pros and cons” list. But Franklin takes it one step further by assigning values to his pros and cons. The values would represent their … Read More

Crafting a Vision for Your Business

Running a business can be hectic. You will have to be put out fires and fix upended plans at some point. It helps to have a compass of sorts that you can use to get back on track when this happens. The most fundamental compass you can have in your business is a vision. Crafting a vision for your business … Read More

Projecting Business Income from Your New Small Business

Before I started uVest Advisory Group, LLC, my Registered Investment Advisor firm, I wanted to be sure that it made sense to do so from a “numbers” standpoint. Basically, I wanted to project business income for my then hypothetical small business. Projected financial statements are called “proforma” financial statements. I used these statements to map out just how much margin … Read More

3 Steps to Setting Better Goals

“Would you tell me, please, which way I ought to go from here?” “That depends a good deal on where you want to get to,” said the Cat. “I don’t much care where—” said Alice. “Then it doesn’t matter which way you go,”  Alice in Wonderland Setting financial goals is important but people find it difficult. There’s a trade-off between … Read More

3 Small Business Retirement Plans for You

One of the big challenges facing small businesses is providing competitive benefits for employees while also allowing themselves (the business owner) to save for retirement. For example, an employee is likely to have access to employer-provided health and retirement benefits at a large employer; a benefit that may be cost-prohibitive at a smaller firm. Saving for retirement as a small … Read More

The Graph That Changed My Life

When you start investing is far more important than how much you invest or the investments you make. The first time I saw this argument was in a freshman college business class at the University of Evansville. Our dean at the time, Dr. Greg Rawski, was giving our class a lecture on the basics of retirement savings. I don’t remember … Read More

Is Refinancing a Good Idea?

The interest rate banks are willing to lend for mortgages has been dropping for most of this year. This has led many people to refinance, or at least think about refinancing. Some people may be on the fence about refinancing. This article is about why people refinance and how to know whether refinancing is a financially savvy move or not. … Read More

Financial Well-Being: 5 Metrics to Aim For

Financial well-being is an abstract subject and it helps to have targets in mind when assessing your own financial well-being. The financial services industry is filled with rules of thumb and small snippets of advice that most people judge to be valuable. For example, you may be familiar with the so-called “4% rule” that’s peddled as an answer to how … Read More