Blog
At Waldron Partners, our mission is to provide comprehensive wealth management solutions for ultra high net-worth executives and business owners. We recognize that managing a successful business often entails expanding financial portfolios and setting goals for long-term secure future investment decisions. Through our blog, our experienced team of professionals will share insights on everything from market trends and portfolio diversification to smart tax planning strategies designed to help you reach your full financial potential. With every post, we strive to arm you with the knowledge you need in order to pursue optimal business success while leveraging the resources at your disposal.
Discovering the Benefits of Qualified Small Business Stock Estate Planning (QSBS) Stacking
As a business owner or investor, it's important to not only think about your business's success in the present but also in the future. When planning for the future, it's important to consider the tax implications of your decisions. One...
Read MoreMaximizing Your Charitable Impact With Donor-Advised Funds
Donor-advised funds offer donors and charities various tax and financial benefits when donating to charity.
Read MoreThe Power of Financial Planning: Beyond Investing, Embrace Your Financial Journey
The Power of Financial Planning: Beyond Investing, Embrace Your Financial Journey By Peter T. Waldron, CBEC, MBA, Managing Partner, Waldron Partners “You must be the change you wish to see in the world.” - Mahatma...
Read MoreWhat is the Fed's Beige Book?
The Federal Reserve is a financial institution that exerts significant influence over the US economy. It is responsible for managing the nation's monetary system and ensuring the stability of the financial...
Read MoreHow to Avoid Emotional Investing
Investing can be a complicated process. There are many different factors to consider from the current market conditions to an investor's individual risk tolerance. One of the most challenging aspects of...
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The Pros and Cons of Remote and In-Office Working
The way all of us work has changed dramatically in recent years, in large part because of COVID-19. Now that the U.S. government has officially declared this public health emergency...
Read MoreWhat Benefits Do Employees Really Want?
As job markets become increasingly competitive, top employers have begun to realize that they need to provide more than just a salary if they want to attract the best talent. As a result,...
Read MoreWhy is Estate Planning Important?
Estate planning is a critical component in managing one’s assets. Perhaps most importantly, it can help ensure that an individual's assets are passed on to their family members or chosen...
Read MoreHow Might $32T in Federal Debt Impact the Wealthy?
The United States is no stranger to debt. In fact, the country's current outstanding debt is a staggering $32.48 trillion (July 2023). While this is concerning for everyone, it is...
Read MoreExploring the Basics of Business Succession Planning
It’s important for business owners to establish a plan that clearly outlines the succession of their business. Why? So their business continues to thrive long after they are...
Read MoreAnalysis of the Macroeconomics of the United States of America
From a pandemic to war and inflation, these past few years have been a tumultuous time for the world. As Waldron Partners' top-down investment process depends heavily on accurate macroeconomic analysis, our team has been working hard...
Read More5 Luxury Collectibles the Wealthy Like to Invest In
All the time we hear about investing in stocks, bonds, and real estate. But are there other more unique and yet still potentially profitable ways to invest one’s money?...
Read More3 Types of Annuities: How Do They Differ?
Over the years, annuities have grown in popularity as individuals have looked for ways to help secure their financial future. What exactly is an annuity? In basic terms, it’s a...
Read MoreKey Differences Between Estate Planning and Wills
It’s completely understandable that one might get confused about the differences between estate planning and wills as they plan for the future. Both can be extremely helpful...
Read MoreWhy Estate Planning Fatigue Hits Some Rich Folks
Why Estate-Planning Fatigue Hits Some Rich Folks. There’s no doubt that estate planning is a critical part of managing one’s wealth. Yet many wealthy people inexplicably seem to avoid it even though they have a lot more to...
Read MoreThe Financial Impact of Caring for Aging Parents
Aging is a fact of life and one that not even the well-to-do can avoid. Not only does one have to contend with all the associated challenges themselves, but as they get older, their...
Read MoreDemystifying Oil Price Fluctuations
Oil is a highly valuable commodity sought after by countries, industries, and individuals worldwide. The fluctuations in its price can have significant impacts on both economies and consumer behavior...
Read More5 Factors to Consider When Buying a Second Home
For those who are fortunate enough to have the resources to afford a second home, the options can seem endless. From beachfront villas to mountain cabins, there are lots of different...
Read MoreTop 5 Mistakes to Avoid When Picking a Financial Planner
Making the decision to work with a financial planner is usually a smart move. Why? For one, they can help you manage the money you’ve worked so hard to earn. In addition,...
Read MoreWho Should Inherit Your Wealth? A Guide for the Wealthy
One important consideration for many people, including those who have amassed significant wealth during their lives, is determining exactly who they should pass along their assets...
Read MoreThe Ins and Outs of Prenuptial Agreements
For many couples, discussing the possibility of a prenuptial agreement can be uncomfortable. After all, who wants to talk about divorce when they’re planning a wedding? However, for those with significant assets, a prenup can...
Read More5 Reasons Why Corporate Execs Should Consider Using Specialized Financial Planning
Corporate executives tend to have more complex financial planning needs than the average employee because of their wealth. These top-tier professionals have built successful careers by climbing the corporate ladder and making strategic...
Read More4 Places to Consider Putting Your Short-Term Cash
It's generally a good idea to maintain a diversified portfolio, including some cash, no matter one’s financial status. In fact, putting some funds into short-term savings can be an excellent way to protect oneself against market...
Read MoreThe Home Office Deduction: Its Potential Risks and Rewards
It can be quite challenging for business owners and employees alike to navigate the ever-changing and complicated tax landscape. Deductions can be among the hardest topics for many to wrap their minds around – especially the home...
Read MoreFAQs About Phantom Stock Plans
Companies often search for alternative ways to incentivize and reward their key employees without having to dilute their equity. Phantom stock plans can offer an innovative solution. In this article, we’ll explore some frequently...
Read MoreA New Trend Among the Wealthy: Using LLCs and Trusts to Buy Homes
Gone are the days when buying a home was a relatively simple process involving cash payment or a traditional mortgage. Today, the wealthy are increasingly using Limited Liability Companies (LLCs) and trusts to purchase residential...
Read MoreThe Pros and Cons of Non-Qualified Deferred Compensation Plans
Non-Qualified Deferred Compensation Plans (NQDCPs) often help individuals secure their long-term financial security while also potentially deferring taxes on their earnings. This blog post explores some of the pros and cons of NQDCPs...
Read MoreDebt Ceiling: What Is It and What Happens If We Breach It?
When the federal debt ceiling was established by Congress in 1917, its purpose was to make it easier for the US Treasury Department to manage the country’s debt. More specifically, it allowed the Treasury to take on debt and...
Read MorePhantom Stock Plans: Lots of Benefits to Go Around
Businesses are constantly searching for new and creative ways to reward employees while keeping costs down. Phantom stock plans can be a great solution since they tend to offer a low-risk incentive with many potential benefits —...
Read MoreA Guide to Non-Qualified Deferred Compensation Plans
Non-qualified deferred compensation plans (NQDC) are one possible way executives and key employees can potentially optimize their finances and build a more secure financial future. NQDC plans can offer a range of possible benefits to...
Read More5 Key Benefits of Executive Financial Planning
Developing a comprehensive financial plan is crucial for any individual who wants to achieve their financial goals and help secure their future. Executive financial planning is a strategic approach that can help one create a customized...
Read MoreNon-Qualified vs. Qualified Deferred Compensation Plans
When it comes to planning for retirement, high-net-worth individuals have access to a range of options to help secure their financial future. Two popular choices are non-qualified deferred compensation (NQDC) plans and qualified...
Read MoreExploring Some of the Benefits of Permanent Life Insurance
Life insurance can be an essential investment for anyone looking to protect their loved ones in the event of their passing. While term life insurance is a popular choice for many, permanent life insurance also offers a range of...
Read MoreIs It a Good Idea to Buy Life Insurance for Your Kids?
Life insurance is typically viewed as a tool that can provide financial protection for an individual’s loved ones in the event of their untimely death. Some parents may question if it makes sense to purchase life insurance...
Read MoreMaximizing Your Charitable Impact with Donor-Advised Funds
Donor-advised funds (DAFs) are a popular way for individuals to make charitable contributions because they offer a range of benefits that can help maximize one’s philanthropic impact. This article explores some of the advantages...
Read More7 Financial Habits of the Ultra-Wealthy
Throughout their lives, most people continue to grow financially – learning lessons, coming across new ideas, demystifying complex ones, and exploring topics they’ve only just discovered. Even when one already has a...
Read MoreExploring CRUTs: A Powerful Financial Planning Tool
There are many different tools and strategies that someone with substantial wealth might consider as they plan for their financial future. One somewhat lesser-known strategy is the Charitable Remainder Unitrust (CRUT), a type of trust...
Read MoreAnnuities: Exploring the Various Types and Their Benefits
Annuities are financial products that can offer individuals a way to secure a steady stream of income during retirement or for other long-term financial goals. They can be a valuable tool for those with significant financial resources,...
Read MoreExploring How the Wealthy Leverage Debt
The average person often hears about how bad debt is and that they should wipe out any they have as soon as possible. While there is indeed bad debt (when one owes money on depreciating assets), some debt can, in fact, be an invaluable...
Read MoreExploring GRATs: What Are They and How Do They Work?
Those with significant wealth are often on the lookout for the most effective ways to pass on their assets to heirs without incurring an excessive tax bill. For those that relate, it is likely worth exploring Grantor Retained Annuity...
Read MoreWhy is America's Wealth on the Move? And to Where?
Many of America's wealthy are packing their bags and moving – to different cities domestically and even abroad. For decades, many cities have seen their prospects shrink while others have experienced an influx in wealth. And with...
Read MoreThe Impact of Longevity on the Ultra-Wealthy
Those who want to preserve and grow their wealth over multiple generations must understand the implications of longevity. With life expectancy rates on the rise, many ultra-wealthy individuals are contending with increasingly complex...
Read MoreHow to Preserve Artwork and Antiques for Future Generations
Collectors of antiques, art, and other collectibles often want to keep their treasures in the family by passing them down to future generations. Sometimes these items were inherited, handcrafted by a relative, or simply collected over...
Read MoreHow to Teach Your Kids and Grandkids About Money
Growing up with wealth comes with certain perks, but also presents its own set of unique challenges. Kids and grandkids may not understand why they're given certain privileges or how to responsibly manage the money they come into....
Read MoreWarren Buffett: His Life and Some of His Invaluable Insights
Warren Buffett is arguably the most successful investor in history, having accumulated one of the highest net worths in the world. His life story and approach to investing have become legendary among all kinds of people –...
Read MoreSilicon Valley Bank: Why Did It Fail? Will the FDIC Protect Its Customers?
Nearly everyone has already heard the news: Silicon Valley Bank (SVB), a trusted and reputable bank popular with tech startups and venture capital firms, collapsed on Friday. Its swift and relatively unexpected failure (predicted by...
Read More3 Strategic Financial Moves for Widowers
No one ever wants to think about or live through the heartbreaking realities of being widowed. Unfortunately, however, this is a situation many individuals will one day face or are facing right now. When this happens, there will be...
Read MoreSuccession Challenges for Multigenerational Families
Succession planning is a vital consideration for multigenerational families – not only to secure the financial future of their businesses, but also to ensure that values and traditions developed over time can be passed on from...
Read MoreMarrying into Wealth: A Luxurious Dream?
Getting married into a wealthy family may sound like a dream come true with financial stability and freedoms that most people can only imagine having. But beneath the surface of seemingly effortless luxury, marrying into great wealth...
Read MoreWhat is a Richcession? And Are We on the Cusp of One?
Most people are familiar with recessions and how one might affect them personally. But what about a richcession? No, that’s not a typo. A richcession is a newer term and concept that high-income individuals should familiarize...
Read MoreThe Impact of AI on Financial Services
The rapid advancement of artificial intelligence (AI) technology has been one of the defining trends of our modern-day world. But few industries have experienced its effects quite like financial services, where AI is transforming...
Read More3 Challenges Frequently Faced by the Ultra-Wealthy
Ultra-high-net-worth (UHNW) individuals often enjoy a privileged life that others long to experience. While this type of wealth allows for unique opportunities and experiences, it can also bring distinct challenges. From balancing...
Read MoreReasons Why Ultra-Wealthy Individuals Donate Their Money
There’s a common assumption by many that the super-wealthy donate to charities so they can reduce their tax obligations, thereby benefiting financially. While this is one reason they might share their wealth with others, the...
Read More5 Tax Deductions High-Income Earners Often Claim
Those with great wealth must carefully manage their tax obligations so they can preserve their assets and maximize cost savings. Fortunately, there are many tax deductions available to everyone, including ultra-high-net-worth (UHNW)...
Read MoreHow to Recession-Proof a High-Net-Worth Portfolio
When the stock market is volatile and the economy seems headed for a recession, many ultra-high-net-worth investors might find it difficult to feel secure about their investments. Fortunately, there are strategies available to help...
Read MoreHow to Preserve Wealth During Periods of High Inflation
Inflation can strike fear in the hearts of even the ultra-wealthy. The question arises: how can one protect their assets in an inflationary environment that reduces purchasing power and erodes the value of real income? In fact, when...
Read More3 Key Financial Planning Tips for Ultra-Wealthy Individuals
Financial planning isn’t just for the middle class. In fact, it’s a necessity even for the ultra-wealthy. While it might be tempting to think your wealth will simply last forever, this isn’t a given. Your assets...
Read More5 Tax-Efficient Ways to Pass Wealth to Family or Others
When an individual has reached a stage in life where they’ve begun thinking about how to pass their wealth to the next generation, it’s wise to consider how this can be achieved in a tax-efficient manner. Those who...
Read MoreHow to Navigate a Recession with Financial Planning
“Good judgment comes from experience, and a lot of that comes from bad judgment.” - Will RogersA recession is a difficult time for all and can affect even ultra-high-net-worth families. While it is important to understand...
Read MoreHow Long Does It Take for The Stock Market to Recover from a Crash?
Due to the global pandemic, the U.S. economy has been on quite a turbulent path. With rising inflation and layoffs in tech companies, you may be wondering if a stock market crash is eminent. Many investors are alarmed by stock market...
Read MoreWhy You Shouldn't Fear Running Out of Money
It is a common worry among those approaching retirement: Will I have enough money to last me the rest of my life? With longer lifespans and rising healthcare costs, concern about outliving your retirement savings is understandable....
Read MoreYear-End Financial Planning
As the end of the year approaches, it is time to start thinking about financial planning for the upcoming year. This process is of utmost importance. After all, if your finances are not in order, how can you expect your business or...
Read MoreHow to Check the Health of Your Investment Accounts
Everybody likes a day when the market is green. Especially for your personal accounts, it is important to stay on top of your investments to make sure they are performing well. After all, these accounts are crucial for your long-term...
Read MoreAre Private Schools Worth the Cost?
It's a simple question with no easy answer: is the value of private schools worth the price? Financial plans vary from family to family, and it can be difficult to decide if spending more on tuition is going to provide enough of an...
Read MoreInterest rates have been rising - what does that mean for certain lifetime gifts to charities?
“Every good act is charity. A man's true wealth hereafter is the good that he does in this world to his fellows.” -MoliereThe Applicable Federal Rate (AFR) is a number set by the IRS that's reviewed and updated monthly....
Read MoreEffective Wealth Management for the Newly Wealthy
“All you need is the plan, the road map, and the courage to press on to your destination.” - Earl NightingaleMaintaining wealth is a challenging task under the best of circumstances, but it can be especially challenging...
Read MoreWhat You Need to Know About Intentionally Defective Income Trusts
Several estate planning tools can be used to transfer wealth from one generation to the next. One such tool is “grantor trust” (e.g., intentionally defective income trust or “IDIT”). This type of trust has been...
Read MoreJust Sold Your Company?
Just Sold Your Company? Here are some key considerations for the proceeds.Congratulations on selling your business! As you begin to think about what to do with all that money, there are several important things to consider when it...
Read MoreFamily & Wealth
“It didn’t matter how big our house was; it mattered that there was love in it.” – Peter BuffettWhen it comes to including family members in your business or wealth management, there are several things to keep...
Read MoreFamily Wealth
“Quality is remembered long after the price is forgotten.” – Aldo GucciI just finished watching "House of Gucci" on Amazon Prime. This movie represents why I am doing what I do every day. The complexities of family...
Read MoreI Hate Flying
I hate flying. I'm the guy who's white knuckled on take-off and landing, anxiety shooting through the roof, sweat pouring out of my hands like a waterfall every time there's a bump. If there were no bumps, I'm pretty sure the whole...
Read MoreOur First Company Value Is...
"Family" is our number one company value. And by that, we mean that we are all in this to support our own families, our clients' families, our teams' families, and those in the community around us. As we all know, "family" can have...
Read MoreWhy Don't We Talk About Money?
Why don’t we talk about money with our children? What is the hesitation? Are we concerned about spoiling them? Wouldn't it be better to empower our children to make smart financial decisions? Just like when they walked for the...
Read MorePhantom Stock
A phantom stock plan is a deferred compensation plan that awards the employee a unit measured by the value of a share of a company's common stock, or, in the case of a limited liability company, by the value of an LLC unit. However,...
Read MoreWhat does it mean to be a purposeful financial planner?
As I sit here on the plane headed home from a three-day conference with the Purposeful Planning Institute, I am inundated with all the ideas that were shared. The conference was full of so many innovations, but one that stands out for...
Read More2020… What A Great Year!
2020… What A Great Year! By Peter T. Waldron Managing Partner of Waldron Partners “Time changes everything except something within us which is always surprised by change.” – Thomas Hardy...
Read MoreNew Year, New Opportunity
New Year, New Opportunity By Peter T. Waldron Managing Partner of Waldron Partners “Write it on your heart that every day is the best day in the year.” - Ralph Waldo Emerson...
Read MoreDebt…Leverage!
Debt…Leverage! By Peter T. Waldron Managing Partner of Waldron Partners “Human behavior flows from three main sources: desire, emotion, and knowledge.” – Plato...
Read MoreUnfortunately, It's a Fact: You're Going to Die One Day
Unfortunately, It's a Fact: You're Going to Die One Day By Peter T. Waldron Managing Partner of Waldron Partners “What we have done for ourselves alone dies with us; what we have done for others and the world remains and is...
Read MoreStraight Talk
Straight Talk By Peter T. Waldron Managing Partner of Waldron Partners “I just think you ought to talk straight with your people.” - John Kennedy...
Read MorePredicting the future!
Predicting the future! By Peter T. Waldron Managing Partner of Waldron Partners “A person often meets his destiny on the road he took to avoid it.” Jean de La Fontaine...
Read MoreI Told You So
I Told You So By Peter T. Waldron Managing Partner of Waldron Partners “You cannot escape the responsibility of tomorrow by evading it today.” - Abraham Lincoln...
Read MoreFour Dimensional Thought
Four-Dimensional Thought By Peter T. Waldron Managing Partner of Waldron Partners “Evolution has ensured that our brains just aren't equipped to visualize 11 dimensions directly. However, from a purely mathematical point of view,...
Read MoreYear-End Tax Strategies
Year-End Tax Strategies By Peter T. Waldron Managing Partner of Waldron Partners "Dear IRS, I am writing to you to cancel my subscription. Please remove my name from your mailing list." — Snoopy The end of the year always has a...
Read MoreMyopic Loss Aversion
Myopic Loss Aversion By Peter T. Waldron Managing Partner of Waldron Partners “Power does not corrupt. Fear corrupts... perhaps the fear of a loss of power.” – John Steinbeck...
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