What is wealth management and do you need it?
Whether you’re climbing the corporate ladder or looking to preserve a vast fortune for your heirs, this guide can get you started with wealth management.
5 min read
Sep 15, 2022
About the author
Roger Wohlner is a contributing writer for Bankrate.
Roger's latest articles
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What is a charitable trust?
Looking to help out a great cause while also gaining a number of key advantages? Here’s how a charitable trust works.
4 min read Sep 13, 2022 -
What is FINRA and what does it do?
Here are the key details of FINRA, some of its benefits and how it differs from the SEC.
3 min read Sep 08, 2022 -
Grantor trust: What it is and a guide to how the rules work
This revocable trust has all its income and deductions reported on the owner’s tax return. Learn more about how it works.
3 min read Aug 24, 2022 -
Roth solo 401(k): What it is and who should get one
A solo 401(k) offers the same employee contribution limits as a 401(k) with an employer.
3 min read Aug 05, 2022 -
What is a fiduciary?
Being a fiduciary means that you act in the best interests of others. In the case of a financial advisor, the National Association of Personal Financial Advisors (NAPFA) specifies that a fiduciary should [...]
3 min read Jun 03, 2022 -
7 financial mistakes to avoid when splitting assets during a divorce
Divorce is a major personal and financial event for most people. Here’s some costly mistakes to steer clear of.
3 min read May 05, 2022 -
Do you need a pour-over will in your estate plan?
This specific type of will is generally created in conjunction with a trust. Here’s what to know.
2 min read Apr 20, 2022 -
Pros and cons of lump-sum investing
You might find yourself with a lump sum for any number of reasons. Should you invest it all at once?
3 min read Mar 31, 2022 -
What is a reverse stock split?
Here’s how a reverse split works and why some companies do them.
3 min read Mar 15, 2022 -
Retirement annuities: Pros and cons of annuity investing
An annuity can provide lifetime income. But they come with several advantages and disadvantages to know about.
3 min read Nov 19, 2021