Blog

Depending on your stage of life, current needs, or level of complexity, your financial advisor must be adept at playing a few key roles. Coach I’ve had some good coaches in my life. One of the things they did consistently well was provide highly directive leadership. They told us what we would be doing in practice. They told us what we would be doing in a game. They told me what I...

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By Monte L. Schatz of  Vandenack Weaver LLC

When the topic of estate planning comes to mind, most individuals think about the distribution of their assets at death.  The increased longevity of our population requires equal attention to diminished cognitive skills caused by dementia or other diseases that affect normal cognitive functioning. Dementia is a syndrome in which there is deterioration in memory, thinking, behavior and the ability to perform...

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Joe Bantz, CFP®, AIF®

Semper Paratus

Photo Source: https://upload.wikimedia.org/wikipedia/commons/thumb/5/57/Seal_of_the_United_States_Coast_Guard.svg/1024px-Seal_of_the_United_States_Coast_Guard.svg.png

Semper Paratus. Always Ready. The motto of the United States Coast Guard makes an excellent guide for each of us financially, as well. Be ready – be prepared for any circumstance. Financially, this starts by building and maintaining an emergency fund –easily accessible funds set aside to meet unexpected expenses. I, like many of my clients, like to do this via...

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Joe Bantz, CFP®, AIF®

Devotion to Duty

Photo Source: https://upload.wikimedia.org/wikipedia/commons/thumb/5/57/Seal_of_the_United_States_Coast_Guard.svg/1024px-Seal_of_the_United_States_Coast_Guard.svg.png

The United States Coast Guard is a branch of the military that is often overlooked by us Iowans. This is understandable, given our significant lack of coastline that requires guarding! But recently, I spent time on campus of the Coast Guard Academy, and discovered the rich heritage of this proud military force. Founded in 1790 by Alexander Hamilton and...

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Ross Polking, CFP®, AIF®, MBA®

Costs Matter

"You get what you pay for." is an old saying we all know.  Ironically, the reverse can hold true when it comes to investing.  Avoiding exorbitant fees and minimizing costs leave more dollars invested and growing.  Dimensional Fund Advisors shares the academic basis to this simple truth and highlights that high-priced investments are often the underperformers.  Stay diversified. ...

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By Phil Goldsmith of LWBJ

Employees separating from service with their employer may realize a tax benefit if they hold employer stock or securities within their company 401(k) plan. A little-known rule within the tax code allows the Net Unrealized Appreciation (NUA) within the employer stock to be distributed without being subject to immediate taxation. The rule allows an individual to convert what would otherwise be ordinary income upon...

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Phil Kruzan

When people come to Foster Group, it’s typically for one of the following reasons:

  • They’re looking for better investment management.
  • They want expert financial advice.
  • Their situation has become more complex and requires a coordinated approach with other professionals.
The biggest area of coordination is estate planning. Estate Planning is complex legally, financially, AND relationally. The estate planning process provides clarity on WHAT will be received, WHEN it will be received,...

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Jordan Richardson

Let’s start by acknowledging reality. I belong to the millennial generation and I’ll be the first to tell you we have a few flaws. We’re known for our short attention spans and our propensity to quit our jobs or run off to a new place to “find ourselves” at the drop of a hat. We tend to get our news through social media and find ourselves stuck behind our phones...

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By Blake Martin of FranNet

We’re going to take a closer look at how much the business of franchising affects the overall U.S. economy. What are its impact and implications? This will be a statistic-heavy exercise, so buckle up for some interesting assessments on the impact of franchising in our country today. In the quest to find the most recent and reliable study on the subject, we will...

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