Byrke Sestok

Strategic financial planning is important for everyone but especially for high-income earners that have their compensation tied directly to the success of the business. Executives and entrepreneurs both rely on accessing their wealth at the end of their employment, requiring them to make the best financial decisions for themselves ahead of ‘cash out’ their share. …

More Money, More Responsibility and Strategic Financial Decisions Read More »

When it comes to executive-level pay or compensation, financial compensation comes in a number of forms, including salary, bonuses, and other forms of compensation, such as equity compensation. This type of compensation is often used as a way to reward performance as well as entice talented professionals into executive levels in a corporation.1 While equity compensation …

Executive Compensation: Equity Compensation for Corporate Executives Read More »

Many people know that life insurance is important to have, and yet not enough actually get it. Some decide they’ll get it later in life while others feel it’s a waste of money because they don’t have any health issues. However, it’s essential to realize that even if you think you’re too young, too healthy, …

Why Life Insurance Is Important at Any Age Read More »

Mom-and-pop businesses have held a special place in the hearts of American consumers since the beginning of retail commerce in the USA. These family-owned, small businesses were America’s backbone before larger corporations began to take over and drive them out of business. These shops started to dwindle in the face of the competition from the …

The History of Mom-and-Pop Shops and How To Support Them Today Read More »

March is Women’s History Month, a month-long celebration of female empowerment1. This effort includes advocating for better representation in the workforce, pay parity and improved work-life balance. There are some specific steps that women of all ages and all stages of life may take to manage their financial future. Here are some economic challenges women …

Women’s Financial Empowerment: The Challenge of Financial Wellness and Why We Need Women’s History Month Read More »

Retirement planning may not be your idea of an exciting date night. However, retirement strategies and goals are so varied that couples in committed relationships need to set aside time to discuss plans for when they leave the workforce for good. Here are some questions to ask your significant other—and yourself—when planning for your shared …

Plan a Date for a Heart-to-Heart Couple’s Talk About Retirement Planning Read More »

On December 20, 2022 SECURE Act 2.0 was signed into law. It’s primary objectives are to increase Americans’ retirement savings, reduce costs for employers who start new workplace retirement plans, and to promote utilization of Roth Retirement Accounts. Here’s what most Americans need to know about the bill. Required Minimum Distributions from IRAs and other …

SECURE Act 2.0: 5 Major Changes Read More »

Small business owners are different from the average hourly employee in a lot of ways. One often-overlooked difference is how they plan for retirement. Although small business owners may offer a classic 401(k) for their workers along with other benefits such as insurance and other perks, such a plan may not be the right option …

5 Types of Retirement Plans for Small Business Owners Read More »

Setting goals for a new year can feel overwhelming.  We all know that resolutions don’t last, but we also feel the energy that comes with a new year of possibilities. Here’s a clearer path for setting and reaching your goals. Many of us love complex processes. Intricacies of a large spreadsheet really get our brain …

A Path to Setting and Reaching Your 2023 Goals Read More »

Philanthropy today is different than it was in the past. It was once common for donors to distribute their wealth through smaller grants to numerous organizations. Over time, best practices for charitable giving have evolved, and wealthy individuals are instead taking a greater interest in and even taking part in the organizations. Because of this, …

Creating a Legacy of Change through Charitable Giving Read More »