Blog

Is your estate in order? This short quiz may help you assess your overall strategy. Do you have a will? A will enables you to specify who you want to inherit your property and other assets. A will also enables you to name a guardian...

Philanthropy and Wealth Management

Glenn Ullmann, CDFA®, CAP®

Tuesday, November 30, 2021

“For of those to whom much is given much is required”—John F. Kennedy “For unto whomsoever much is given, of him shall be much required.”—Luke (12;48) Like most of us, I learned about...

Build Back Better Act Proposes Tax Changes Impacting High-Net Worth Families

Caitlin Frederick, CFA®, CPA®

Thursday, October 28, 2021

On September 13, 2021, the House Ways and Means Committee released a tax proposal to fund the Build Back Better Act. Although the Act has not been signed into law, the potential consequences to current estate and financial planning...

Why you should be using a Password Manager

Beth Putnam

Thursday, October 28, 2021

Recently, hackers have become even more savvy at garnering our personal information through our personal computers. They can duplicate our email addresses, coax us into clicking on a link or promise us we have won a substantial amount...

Why the Buzz about Stock Options

Carrie King

Friday, October 1, 2021

We often get questions about options (although we do not incorporate them into our clients’ wealth management plans). These questions range from curiosity about the impact of trading options on the overall market to pointed ones...

How are we going to pay for college?

Caitlin Frederick, CFA®, CPA®

Monday, August 30, 2021

Having a baby is an adventure that involves many significant emotional and financial decisions. Initial concerns range from which diapers to use to which car seat is safest. In the next phase, after seeing the quotes for various...

Financial Lessons for a Younger Self: Six simple lessons for a young investor to get a head start on

Patrick Kilbane, J.D., CDFA®

Thursday, July 29, 2021

We have had the opportunity to work with many young investors this year. This got me thinking about how I managed my finances when I was a young adult. What wisdom could I share with my younger self? I thought about finances and saving...

Are you a business owner thinking about exiting your company? Which exit strategy will benefit you most? It is a tough move to undo, and you should know the pluses and minuses going in. While the number of exit routes seems unending,...

What Companies do I Own in My Investment and Retirement Accounts?

Glenn Ullmann, CDFA®, CAP®

Thursday, May 27, 2021

As a wealth management firm, we focus on the process: your investments, your plan, and your professional advisory team. We help you and your family make smart decisions about your wealth to help mitigate taxes, take care of your heirs,...

Mind the Behavior Gap

Brian James, CPWA®

Tuesday, April 27, 2021

It is nearly impossible to block out the noise, but it is imperative that you do so when it comes to investing! From the time our eyes open in the morning to the moment our heads hit the pillow, there is a constant stream of...

Pandemic Related Items that May Affect Your Taxes

Francie Peters

Monday, March 29, 2021

The tax deadline is quickly approaching! Below is a list some tax related items you may want to consider as you prepare your 2020 federal income tax return. Many of these changes result from Congress’s response to the COVID-19...

Building a business is kind of like being a parent. You start with an infant enterprise that needs constant attention and often deprives you of sleep, absorbs a big chunk of your savings, and pushes all of your hobbies to the back...

The Most Important Document in a Divorce Case: The Financial Affidavit

Patrick Kilbane, J.D., CDFA®

Wednesday, January 20, 2021

While divorce is certainly not my favorite subject to write about, it is necessary to cover to keep our clients and friends informed. Even if you are happily married, odds are one of your family members or closest friends will be a...

A Year in Review - A New Year's Letter

Glenn Ullmann, CDFA®, CAP®

Thursday, December 31, 2020

Each year on January 1st, Lisa and I find a great brunch place to review our prior year goals and to set new ones for the coming year. Our 2020 goals now seem from another age (especially when it came to our travel aspirations for the...

As families gather together during the holiday season, it is a good time to reflect on our abundant blessings. It is also a time when many families consider how they can share their good fortune with others or help fund a particular...

With election day approaching, we wanted to share this short video from Dimensional Fund Advisors entitled How Much Impact Does the President Have on Stocks? The video provides an overview of the many variables that affect stock prices...

One of our clients was recently contacted by a fraudster who claimed to be from the Department of Justice and was asking for personal information. If you get one of these calls, hang up! Do not become the victim of fraud. Click here to...

While some will suggest that a certain president or party is "good" or "bad" for the markets, this video from Dimensional Fund Advisors reminds us that markets have historically rewarded long-term investors who stay invested under a...

View PDF here Abcd Email was new until it wasn’t. Venmo was new until it wasn’t. Online Zoom meetings were new until they were the only thing that filled our work schedule. Cryptocurrency (crypto) may be no different. Its...

The Underrated Part of Investing in Equities: Dividends

Patrick Kilbane, J.D., CDFA®

Monday, June 22, 2020

View PDF Here Abcd During the first two quarters of this new decade, we have seen wild and dramatic fluctuations in stock prices. We have witnessed equity markets make a month or even two months’ worth of moves in a single day!...

Nonprofits Lose Revenue During the COVID-19 Pandemic

Glenn Ullmann, CDFA®, CAP®

Sunday, May 31, 2020

View PDF here 1 Across the country, nonprofits of all types and sizes are in extreme distress. As we have seen during times of crisis – be it a recession, hurricane or the current COVID-19 pandemic, the demand for services from...

Like most families and businesses, Ullmann Wealth Partners adapted to the “Safer at home” order. Our physical office has been open every day during this time with a skeleton staff, but most of our employees have worked from...

This blog post links to an article by Andy Reed, PhD and Vice President of Behavioral Economics at our custodian Fidelity Investments, who gives some suggestions based on his behavioral research on how your social connections can help...

View PDF version Abcd On March 27, 2020, The Coronavirus Aid, Recovery, and Economic Security (CARES) Act was signed into law by President Trump. This sweeping $2.2 Trillion stimulus law establishes many programs, loans, grants, tax...

Being Prepared: The Benefits of a Systematic Process

Glenn Ullmann, CDFA®, CAP®

Monday, April 13, 2020

What, How and Why? Most of our conversations with you in the past two months have centered on one or all of these questions: What are we doing to take advantage of this equity market decline? How are we implementing those changes? What...

Words Matter

Glenn Ullmann, CDFA®, CAP®

Wednesday, April 1, 2020

In the course of a recent lunch, I noticed that the servers had to balance plates in their right hand while opening the door to the outside patio with their left hand (because of fire code, the door swings in towards the bar...

If Candlesticks Could Tell Their Story

Glenn Ullmann, CDFA®, CAP®

Friday, March 27, 2020

Our responsibility to you, our clients, is above all else to manage your wealth: adjusting and rebalancing as necessary so you can come out of this crisis stronger financially. That is what we are doing and will continue to do for you...

Retirement: Planning for a Happy, Healthy and Meaningful Second Act

Brian James, CPWA®

Sunday, March 1, 2020

View PDF version Abcd You have worked for many years and dreamed of retirement. For much of your career, retirement was so far in the future the concept might have seemed far-fetched and hard to visualize. Now, as you are getting...

Divorce and the Top 10 Ways to Help Your Lawyer

Patrick Kilbane, J.D., CDFA®

Thursday, January 30, 2020

There are several reasons the month of January is known as “Divorce Month.” Many people put off filing for divorce during the holidays for their children’s sake or they remain married through December 31 so they can...

This blog post links to an excellent article by Northern Trust which outlines several ways you can prepare for unexpected health care costs beyond primary insurance coverage. Following these strategies, may provide you with peace of...