Byrke Sestok

to their increased investments in wellness and health-driven enterprises. There is a more significant focus on preventative healthcare, encompassing everything from regular health check-ups to personalized exercise and diet regimes, reflecting that prevention may be better than cure. In conclusion, HNW individuals must rethink their wealth management strategies, including adding LTC insurance and personalized healthcare …

Health Is the New Wealth: HNW Individuals, LTC Insurance and Healthcare Read More »

As one approaches retirement, monitoring your financial situation by understanding your net worth and assessing the assets and resources needed to maintain a comfortable lifestyle throughout retirement is vital. This article explores eight key financial wellness metrics individuals must monitor as they approach retirement. Income Replacement Ratio One of the primary financial wellness metrics is …

Key Financial Wellness Metrics for Near Retirement Individuals Read More »

Cleaning up personal finances remains one of the top resolutions every New Year. But we all know what happens to most such self-promises, so here’s a month-by-month to-do list to help cultivate better financial health. January: Organize paperwork. This obvious starting point eludes many. Are your financial documents organized, in paper or virtually, so information …

Your New Year’s (Financial) Resolutions Read More »

In the world of investing, the “holiday effect,” as it is often referred to, is a phenomenon where stock prices see an increase right before a major holiday. There are many theories on why this may occur. It could be from trading volume being down due to investors taking a vacation or maybe because investors …

Dos and Don’ts for Investing During the Holidays Read More »

At the end of the year, it is necessary to reflect on your financial picture, review the last 12 months, and plan for the future. With all that is involved, it can seem overwhelming. Consider breaking up the responsibilities over 12 days, focusing on one each day, and ensuring it gets a comprehensive review.   …

The 12 Days of Year-End Planning: Things to Consider Going into the New Year Read More »

Having a professional walk you through savings, budgeting, investments, tax issues, and other aspects of financial planning can be invaluable. But if you’re not sure what you want from this relationship—or what you’re looking for in seeking assistance with your finances—you may find yourself spinning your wheels. What questions should you ask when selecting a …

4 Things You Should Know About Your Financial Professional Read More »

The financial professional and financial planning firm you pick to manage your assets and advise you on key financial decisions can affect your retirement and other major financial goals more, maybe, than even you. So it’s imperative that you make an appropriate choice for you and your family. When trying to find a financial professional …

October is National Financial Planning Month Read More »

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 »