"Research shows that people want their professional advisors to ask them about charitable giving. And sooner rather than later. The “U.S. Trust Study of the Philanthropic Conversation,” conducted in partnership with The Philanthropic Initiative, showed that virtually all high-net-worth people think this discussion should happen within the first several meetings with an advisor. A third think the topic of charitable giving should be raised in the very first meeting. Yet fewer than half feel their advisors are good at discussing personal or charitable goals with them.
Wondering how to start a conversation about charitable giving with your clients? Or looking to refresh it?
As part of an ongoing series, we’re asking some of New Hampshire’s most well-respected professional advisors how they “pop the question” about charitable giving.
Robin Young article featured on Financial Poise | Advice for Recent Widows: Six Steps You Can Take for Peace of Mind
This article, recently published on Financial Poise, features the advice and expertise of our President and CEO Robin Young!
If you were recently widowed, you are likely feeling a range of emotions and are overwhelmed by the prospect of managing things on your own. Advice for recent widows will range from person to person, but the tax, estate and financial implications of this very big life change can crush the sense of competence in even the most educated and organized person. It’s normal to feel overwhelmed by just thinking about the practical aspects of a loved one’s passing.
Julie Fortin featured in USA Today Article | Parent Trap: Supporting an Adult Child Will Hurt Both of You
This article, recently published in Nerdwallet and written by Andrea Coombs, features the advice and expertise of our own Julie Fortin!
"When helping starts to hurt
Helping out adult children “isn’t necessarily a bad thing,” says Julie Fortin, certified financial planner and financial behavior specialist with Northstar Financial Planning in Windham, New Hampshire.
Of course you’ll try to help your child in an emergency — but be careful that short-term aid doesn’t become a long-term habit. That’s because setting up shop as the Bank of Mom and Dad can lead to two problems: One is that your child might become overly dependent on you for money. The other is that those payouts can jeopardize your financial outlook, Fortin says."
Women’s Choice Award® Financial Advisors and Firms represent less than 1% of financial advisors in the U.S. As of July 2017, of the 807 considered for the Women’s Choice Award, 139 were named Women’s Choice Award Financial Advisors/Firms.
“It’s an honor for Northstar’s all women team to be recognized for their dedication to improving the financial well-being of women. It brings us great joy to guide women through life’s many transitions and help them gain peace and confidence.” - Robin Young