Entrust Blog

NewsWorthy, Entrust’s monthly video intended to help you make good financial choices, focuses today on:  What do you need to consider when hiring a financial advisor? To get your thinking started, consider whether you want to work with an advisor who focuses on investment products and pretty much stops there, or whether you prefer to work with an advisor who partners with you to help you make good financial decisions in all aspects of your life. You can usually tell the ...

Sherri contacted us because she was concerned that she was not getting the best financial advice. She was retired and using her nest egg for income; she wanted to make sure that her investments were doing okay because she was always worried about running out of money. Our meeting began with my gaining a good understanding of where she was today and what she was trying to accomplish. I then asked what questions she had brought with her to our ...

An unprecedented news flash of earlier this year read: Millennials overtake Baby Boomers as America’s largest generation¹. No wonder parents routinely ask us what advice we have for their millennial offspring–especially their daughters. Well, we have some suggestions and discovered in writing them down that they apply to a larger audience than just Millennial women. So read on!Affluent Millennial women and those in the process of growing their wealth are known for being highly ambitious, educated, and dedicated. They have redefined ...

Balancing Act:  Wealth Management Straight Talk for Women is finally here! We are delighted to announce that our book, Balancing Act: Wealth Management Straight Talk for Women, written by Joslyn G. Ewart, is now available for purchase on Amazon. For most of us, making the right choices is a balancing act. Not only are we faced with balancing our values, needs, and interests, but our choices are complicated by the need to balance all of this within the context of our ...

Stock markets have been on a wild ride this year and it is likely that the volatility will continue through the remainder of the year because of the degree of uncertainty around the world. Current events with indeterminate outcomes almost always trigger emotional responses on the part of investors, thereby affecting capital market movements. When there are large swings in market activity it is often just an overreaction to uncertainty; there may be no fundamental reason for investor worry. A ...

If you are a parent, you understand the importance of teaching your children good money skills; unfortunately, many of us are not sure where to begin. Here are some ideas to get you started: Help your children begin to save.  Encourage your children to save a little from all the money they receive, such as allowances, birthdays, bar and bat mitzvahs, etc.  Open accounts for your children and assist them with tracking their money.   A couple of ideas for ...

Summer is almost here and everyone seems to have vacation on their minds. We often get questions about paying for travel; a typical one is: “How much can I afford to spend?” So today we’ll provide you with some helpful tips on how to create a vacation fund that fits easily into your budget. That way you can enjoy vacation without feeling guilty about the expense. A good first step for creating a vacation fund is to determine how much ...

When we realize that we have inherited money, most of us have the thought, “Wow, I want to make sure that I am responsible with this money but I have no idea what to do!” A good first step is to determine the answer to the following question: “What do I want this money to do for me?”There is no right or wrong answer to this question and the answer will be slightly different for everyone.  For example, our ...