June 28, 2018

Small Businesses Need Retirement Plans Too- Retirement Planning for Your Small Business

June 28, 2018/ Castle Wealth Advsiors, LLC/ Heather Castle

Providing a retirement plan for your business can be beneficial to both you as an owner and your employees. With the move away from pension plans many individuals will be relying more heavily on their own savings to provide income during retirement. One of the best tools we have to create retirement savings is a plan through their employer.

If you are considering creating a retirement plan for your small business you have several options. Below will be a discussion about a few of those options. This is not an exhaustive list and there may be some plan types that will benefit you more than another. Prior to implementing a plan you should consult with a seasoned professional (financial advisor and tax advisor) who can help you select the plan that will best fit your small business. The contribution limits and tax deductions can vary from plan to plan and year to year. So, it is advised to work with a trusted advisor.

June 19, 2018

Investing for Small Business Owners: 3 Tips to a Better Portfolio

June 19, 2018/ Castle Wealth Advisros, LLC/ Heather Castle

For many small business owners, their business is their biggest asset as well as the largest producer of their family’s income. Business owners are entrepreneurs and are generally more comfortable taking on risks. For these reasons, small business owners face unique challenges when considering and selecting investments for their portfolios, and it’s important to keep in mind some basic investment principals. Not doing so can cause business owners to take on too much risk unnecessarily and can endanger their business and their income.

Here are three tips that small business owners should use to guide their investing decisions:

June 15, 2018

Understanding the Difference Between a Financial Advisor and a Certified Financial Planner™

June 15, 2018/ Castle Wealth Advisros, LLC/ Heather Castle

You more than likely have seen Financial Professionals call themselves by different titles. And like many other consumers you may be confuse about the differences, or if there are any differences. If you have ever wondered about the difference between your friend’s Certified Financial Planner™ and your Financial Advisor, keep reading to find out.

June 07, 2018

Castle Wealth Advisors, LLC Partners with NMS Capital Advisors, LLC

June 07, 2018/ Castle Wealth Advisors, LLC/ Heather Castle

Castle Wealth Advisors, LLC., a hybrid Register Investment Advisors located in Los Angeles; Ca. has partnered with NMS Capital Advisors, LLC (“NMS”) a leading global focused investment banking and asset management firm.

Founded in 2006, NMS Capital Advisors, LLC is a leading full service investment banking, securities and wealth management firm headquartered in Beverly Hills, California. NMS provides a full array of investment banking and advisory services including debt and equity capital raising for public and private companies, mergers and acquisitions, cross-border advisory, private equity and hedge fund advisory, valuations and fairness opinions, EB-5 capital advisory, securities brokerage and other strategic advisory services.

Castle Wealth Advisors, LLC looks forward to working with NMS Capital Advisors, LLC to increase the depth and breath of wealth management, alternative investments, insurance and asset management services offerings.

NMS Capital Advisors is registered broker-dealer with the Securities and Exchange Commission and are members of the following:

· Financial Industry Regulatory Authority (FINRA)

· Municipal Securities Rulemaking Board (MSRB)

· Securities Investors Protections Corporation (SIPC)

June 04, 2018

Concerns Business Owner’s Should Revisit – Don’t Forget A Business Review

June 04, 2018/ Castle Wealth Advisors, LLC/ Heather Castle

Whether you have one employee or many, being a business owner is hard work and no matter how hard you try there always seems to be a growing list of tasks that need your attention. I both sympathize and empathize with you.

For me personally, I started Castle Wealth Advisors, LLC because I felt there were many individuals, families, and businesses who were underserved by the investing and financial planning industry. I wanted to provide an ethical and approachable financial planning and investment management service to individuals, families, and business owners who were concerned with their financial futures or just had a few questions, regardless of age, sex, race, or net worth. That was very important to me and it still is today.

The paths that leads business owners to start their own companies will vary greatly from business owner to business owner. Sure, we started our companies because we felt there was something we could add to our industries that would be new, make a difference, or help people. However, there is one common theme among us. We all need help along the way to ensure we have made informed decisions with regard to our companies.

Given today’s environment of low interest rates and the increasing volatility in equity markets, many investment portfolios are at risk and for those who own their own businesses the stakes can be even higher. This has caused many business owners to re-think their strategies and goals, both personally and from a comprehensive business perspective.

If you own your own business here are a few areas to consider:

May 30, 2018

Estate Planning for Children Over The Age of 18?? The Answer May Surprise You.

May 30, 2018/ Castle Wealth Advisors, LLC/ Heather Castle

Do you were children need estate planning documents? If your child is 18 or older, they are technically in adult. Which means you no longer have the legal right to make medical decisions for them, access their medical records, or handle their financial matters. Consider the implications not having the ability to make medical decisions for your child in the case of emergency or if your child becomes incapacitated.

May 23, 2018

Many Investors Are Finding Even More Reasons To Use 529 Plans To Help With Education.

May 23, 2018/ Castle Wealth Advisors, LLC/ Heather Castle

When beginning to plan for a child’s future or when evaluating a current savings plan, many families often ask, “What are the differences between UGMA and UTMA accounts, 529 college savings plans, and prepaid tuition plans and what should I use?”

The key to answering this question lies first, in understanding the types of accounts available to help with saving for a child’s future along with their pros and cons. After which it’s easy to understand how the “tax cuts and jobs act.” being signed into law has made many 529 plans more attractive for parents and families.

May 16, 2018

How Has Your Estate Planning Been Impacted By the New Tax Law

May 16, 2018/ Castle Welath Advisors, LLC/ Heather Castle

Now that tax season is over. Take a moment to ask yourself if your Estate plan needs to be reviewed. Many individuals and families are finding they may need to check in with their financial planner and attorney to understand how the new tax law may impact their estate plan.

An Estate plan, just like a piece of real estate, needs periodic maintenance and care to make sure it’s in good shape when you need it most.

Provisions in the newly passed GOP tax plan mean it’s time to review a handful of key areas in your estate plan. Below are five areas you should pay attention:

February 27, 2018

5 Retirement Saving Tips for Anyone

February 27, 2018/ Castle Wealth Advisors, LLC/ Heather Castle

We all know the importance of planning and saving for retirement; we hear it everywhere we go. We can point to statistics, articles, and studies that all tells us the responsibility of retirement savings is being placed more and more onto the individual worker. While we may know this and hear it from multiple outlets, how much action are individuals and business owners actually taking?

Here are 5 tips to help save for your retirement that anyone can use:

February 20, 2018

3 Tips To Make The Most Of Your Tax Return in 2018

February 20, 2018/ Castle Wealth Advisors, LLC/ Heather Castle

2017 brought many changes for individual taxpayers and small business owners and left many scratching their heads. As we approach tax season here are three tips to keep in mind that may help you as you file your tax returns.

Blog

Castle Wealth Advisors