The end of the year is the perfect time to review your financial planning needs with a financial advisor. This checklist can help you review your investment portfolio, assess year-end tax planning opportunities, review retirement goals, and manage your wealth transfer and legacy plans. You may also want to consult...
In this blog, you’ll learn essential finance terms you might come across when running your business or dealing with accountants and financial services. Why Financial Literacy Matters Increasing your financial literacy is important, especially if you’re just beginning your journey in finance. Whether you’re opening your first bank account or just trying to...
When it comes time to passing your family-owned business on to the next generation, there is an incredible array of questions you’ll need to answer and options to consider. It’s not as simple as handing them the keys to the door. Although there are many additional estate planning tools and...
Accurate bookkeeping is essential to operating a successful small business. The problems created by inadequate bookkeeping practices can have significant, long-lasting consequences. Here are four common pitfalls — and how to avoid them with the right knowledge and tools. Commingled bank accounts It’s important to maintain a separate dedicated bank...
No matter where you are in your career—fresh out of college, stepping into investing, leading a team for the first time, or well into your professional journey—understanding the basics of finance is essential. Even if you don’t work directly in finance, being able to grasp how your decisions affect the...
Navigating your finances can feel overwhelming, especially if you’re not familiar with all the jargon. It doesn’t matter if you’re fresh out of school, looking to invest for the first time, or just trying to make smarter decisions with your money—understanding the basics of finances is helpful. Knowing how your...
Whether you’re a novice looking to get a better grasp of the financial world or a seasoned professional seeking a quick refresher, this guide has something for everyone. Let’s break down these crucial equations to help you navigate the financial landscape Understanding these formulas will not only help you decode...
Planning for retirement involves making critical decisions about where to invest your hard-earned money. Two popular options are the 401(k) and Roth IRA. Both are tax-advantaged retirement accounts with unique features that cater to different financial goals. In this post, W3 Financial Group explores the key differences between the two...
As a business owner, you know how mentally and financially taxing it is to grow your venture. You have to handle multiple tasks, wear different hats, and make critical decisions that could make or break your business. With so much on your plate, it can be overwhelming to keep tabs...
Article written by: Kathleen McGrath, CFP®, ADPA® The idea of a family budget summit is one of the best financial moves a household can make. Gathering regularly to discuss money goals and spending is hugely beneficial for getting on the same page. For example, the Jones family holds an annual...
Shelby Morgan, Founder and Principal of W3 Financial Group, shared his expertise with Akron Life and Leisure Magazine regarding a recent 401(k) participant study by Charles Schwab. “According to a recent study* 14% of American workers think it is unlikely and 49% somewhat likely they will reach their retirement goals....
Our Advisors, Shelby Morgan, Steve Catalano, and Frank Bevilacqua II share their expertise on the subject with Akron Life Magazine. View their feature to learn more about how your financial goals should keep pace with the ever-changing economic landscape. “We realize that uncertainty is one of the biggest stressors we...
Financial Advisor, Laura Steffey shares her expertise on the subject with Akron Life Magazine. View Laura’s feature to learn more about how well your finances should be adapting to economic changes and making your money work for you. “Recent changes in the economic landscape such as inflation, higher interest rates,...
Many investors have the desire to reflect their morals in the way they invest. This demand led to the development of criteria to measure how investments or companies perform in certain categories. These metrics are known by the main categories that are considered – ESG, Environmental, Social, and Governance factors....
By Paulette C. Pasquale, CFP® Whether by choice or chance, women are more likely to manage their own financial affairs and plan independently at some point in their lives. It is no secret that women outlive men, on average by six to eight years. There is also an increase in...
What is it and why do it? Succession planning is a proactive, strategic approach that allows an owner to exit their business on their own terms. Not all businesses are created equal, and one of the more common misconceptions we’ve seen business owners have is related to the time frame...
A Health Savings Account, more commonly referred to by its abbreviation HSA, is a type of savings account that allows you to set money aside for qualified medical expenses and reduce your taxable income. Not everyone is eligible to have an HSA (not everyone should) and it does come with...
The IRS Tax Code is, as you know, not a small document, nor is it one that remains static year over year. Given the rapid pace of regulatory changes, many people elect to employ a tax professional to annually help navigate the process and make sure that deductions afforded to...
Fee-Based Planning offered through W3 Wealth Advisors, LLC, a State Registered Investment Advisor. Third Party Money Management offered through Valmark Advisers, Inc., a SEC Registered Investment Advisor. Securities offered through Valmark Securities, Inc. Member FINRA, SIPC. W3 Global Accounting provides only tax and accounting. W3 Financial Group, LLC, W3 Wealth Management, W3 Wealth Advisors, LLC, and W3 Global Accounting are separate entities from Valmark Securities, Inc. and Valmark Advisers, Inc. Form CRS
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
