Private Wealth Management Insights

Greenspring Advisors Financial Planning Insights

Finance After Loss

Losing your partner can be devastating. It is understandable that you may experience a flood of feelings - grief, sorrow, numbness, fear, anger, even guilt. To add insult to injury there are numerous financial items to address. When you are ready to tackle these items use this checklist as a guide to help you navigate your way to a new normal.
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Greenspring Advisors Financial Planning Insights

Finance After Divorce

Getting divorced is STRESSFUL- physically, mentally, and financially. Facing uncertainty and navigating the unknown can be overwhelming as you grapple with the million-dollar question “Will I be OK?” One of the best ways to regain a sense of security is to make a financial plan. Reducing financial uncertainty will help you tackle the many other stressors related to divorce. Here is a checklist with a few action items to help you get started in taking control of your finances after a divorce.
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Opening Doors: Coming Out of Pride Month

Just like everyone else, LGBTQ+ folks have to think about cash flow, medical bills, if they want to get married or start a family, saving an emergency fund, changing jobs, negotiating salaries, titling assets, and living a life that's authentic to them. At the same time, we want to feel understood and like we don't have to hide who we are. As a gay man in finance and wealth management, I want my community to know I am - and Greenspring Advisors is - a safe space for you.
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Greenspring Advisors Financial Planning Insights

Your Mid-Year Financial Checklist

As we turn the calendar to July and hit the halfway point of the year, now is a great time to take care of things that you might normally forget about. Change your smoke detector batteries, check your HVAC filter, and also-check your finances! The halfway mark of the year is a great time to review your finances and ensure that you are on track to meet your financial goals for the year.
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Greenspring Advisors Financial Planning Insights

Finance After 50

I recently celebrated my 50th birthday and it has begun to sink in that I am on the back end of my longevity curve. Retirement is no longer something “Old” people need to worry about but rather a word that has become a frequent part of my vocabulary. Turning 50 is a perfect time to evaluate your financial situation and determine if your retirement plan is on track. Use this checklist to help you gain firm financial footing so that you can fully enjoy your NEXT 50 years.
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Greenspring Advisors Investment Planning Insights

When Economic Uncertainty Comes, Stick to Your Investment Plan

It seems like we cannot go a day without hearing questions about a recession. Will we enter a recession, how long will it last, and how bad will it be? No one truly knows the answer to any of those questions, but we thought we would look at one of the favorite data points economists tend to look at in order to identify upcoming recessions, the Philadelphia Fed Business Outlook Index, and whether it has any predictive ability on stock returns.
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Greenspring Advisors Investment Planning Insights

What is Monte Carlo Analysis and How Can It Help Investors?

An explanation of Monte Carlo analysis, how it can help plan your financial future, and some important considerations when evaluating its output.
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Greenspring Advisors Investment Planning Insights

What are 10b5-1 plans and how are they affected by new SEC rules?

An explanation of 10b5-1 plans, their benefits, and how their rules will be affected by recent SEC amendments.
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Greenspring Advisors Financial Planning Insights

Money Values

This week Greenspring’s Women & Wealth group hosted a Conversation Circle to discuss our own relationships with money. If you aren’t familiar with a Conversation Circle it is an opportunity for a small group to come together for a facilitated discussion to share stories and experiences. The Circle allows us to self-reflect as well as draw wisdom from others. As Wealth Managers it is second nature to ask our clients questions to draw out what their greatest fears and concerns are about money so that we can determine the best way we can help. As was the case with the cobbler whose children had no shoes, we often don’t pause to examine our own relationship with money.
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