Fidato Wealth

You play a crucial role in making the decisions that will determine whether you will achieve your financial dreams. That’s why it makes sense to have great clarity about the specific financial issues and concerns that are most important to you and the people you care about. Only then can you take steps designed to address them. We?find that affluent investors tend to share five major key concerns about their financial futures. This month’s Flash Report from Fidato Wealth,?“What Are Your Biggest Financial Concerns?”?shines a light on those issues and helps you think about your own financial life as you seek to make the smartest possible decisions about your wealth.

In this recent article from InvestmentNews, Tony D'Amico, CFP? shares how Fidato Wealth's number one guiding principle of providing servant leadership provides opportunities to grow: “If I serve someone in their best interests, whether it's a client or team member and if I do what's right not only for them, but for the bigger picture as well, things just tend to work out.”

The affluent are increasingly being targeted by scammers—online and off—seeking to separate them from their wealth. Even worse: They’re having far more success than you might imagine. This month’s Flash Report from Fidato Wealth, “Foiling the Financial Fraudsters,” reveals some of their methods along with steps you can take that may shut them down before they succeed.?

It’s highly likely that you want to work with top advisors and other professionals who are capable of helping you fully pursue your key goals. But how can you feel confident that they have what it takes? This month’s Flash Report from Fidato Wealth, “Three Signs That Your Professionals Are Exceptional,” shows you how to size up the pros you work with and are considering working with—along with three key traits they all should possess.

Register now for a special "Retirement Planning Today?" course hosted by Fidato Wealth, offered through Highland Community Education. This in-person course occurs over two evenings at Highland High School, Thursdays October 10th and 17th from 6:30pm to 9:30pm ET. To register online, where you'll have the option to sign up for an in-person or virtual course, please click here: https://lnkd.in/gCT86NNy Tuition is only $49 and includes a 200+ page digital book. During this educational course, all examples will be noncommercial, and no specific financial products will be discussed or sold. This course has been designed for those ages 50 and over who wish to educate themselves about planning for a successful #retirement. This course will help you determine if you are on track to accomplish your #retirementgoals, and provides comprehensive, objective knowledge you can easily apply to your situation. It not only covers fundamental planning topics, but also advanced #FinancialStrategies on how to integrate #RetirementPlanning, #taxplanning, #estateplanning, #riskprotectionstrategies, and #investing for the most ideal outcome. Click the link below to learn more and register! #retirementplanningtoday #retirementincome #investmentmanagement #SuccessfulRetirement #financialeducation #retirementplanningcourse

Tony D'Amico, CFP? was featured in this recent article from Barron's discussing critical financial steps to take when a family member is diagnosed with dementia, including the importance of implementing a power of attorney: "That’s really important, because for an attorney to execute documents, they have to make sure that the person is of sound mind and has mental capacity to understand the document that they’re signing, that they have that decision-making ability." Read the full article here:

Backdoor IRAs can be hard to unravel - Fidato Wealth Senior Wealth Advisor Marissa Beyer breaks down the pros and cons in this recent article from ComparisonAdviser: “High-income individuals who have no money in an IRA and excess cash flow should consider this strategy, look to contribute maximum non-deductible IRA contributions so they can have a bucket of tax-free money build over several decades which is earmarked for retirement.” Read the full article here:

Fidato Wealth’s Marissa Beyer was recently quoted in this GOBankingRates article looking at different accounts that can help prepare you for a wealthy retirement. Marissa notes the tax benefits a Roth IRA offers to those who start saving early: “Individuals who have saved into Roths during their working years benefit from paying tax at the time of contribution and allowing those assets to grow tax-free for the rest of their lifetime.” Read the full article here:

In August 2024's Flash Report from Fidato Wealth, “Smart Money Moves to Make While You’re Still Mentally Sharp", discover steps you can take right now that can potentially set you up for success even if you begin to experience some form of cognitive impairment that might otherwise threaten your financial future.

In this recent article from ComparisonAdviser providing a deep dive into living trusts, Fidato Wealth's Senior Wealth Advisor Marissa Beyer provides guidance on how to set up a living trust and details how trusts help you keep your assets private and avoid probates. Additionally, she discusses downsides of revocable trusts and the unlikely yet possible scenario of someone revoking a living trust. Read Marissa's full comments here: