By Mary Jo Lyons, CFP® A friend recently asked me “exactly how does the Bible address financial planning and investment management principles?” I provided a short summary of the principles below but my response was not as polished as it should have been. I vowed to be able to answer this in a more thoughtful [...]
In Order To Get There, You Have To Know Where You Are Going By Mary Jo Lyons, CFP® Would you take a road trip without a map or GPS? Financial planning is the process of wisely managing your finances so that you can achieve your dreams and goals – quite simply, it is a map [...]
The rise of automated “robo-investment” platforms—online services that use software programs to determine the user’s investment style and computer algorithms to manage and rebalance investment portfolios—have many investors wondering if this approach may be right for them. For certain investors, including young people just beginning to save, automated investment platforms can offer a lower-cost alternative [...]
1. Get my will and estate plan updated 2. Help the kids understand their potential inheritance 3. Get completely financially organized with all my financial documents (wills, trusts, real estate deeds, insurance documents, titles to vehicles, etc) 4. Review my retirement accounts and see if I’m on track for retirement 5. Update my budget plan [...]
October was one of the busiest times for CIS Wealth Management in its history as many of us, especially Bob and Pat, were invited to attend all the surrounding annual Baptist Association meetings across Central and South Texas. Each regional association is made up of 70-200 surrounding Baptist Churches. CIS Wealth Management was the exclusive [...]
Financial planning is a key part of wealth management and one of the services offered to our investment clients as a benefit of doing business with us. For those who do not have investment accounts with us, our financial planning services are offered for an hourly rate. We have a list of 20 Financial Planning [...]
We All Have Different Gifts God gives all of us different gifts and strengths to help one another. Some of us are teachers, doctors, nurses, carpenters or mechanics. Others are architects, artists, entertainers, pastors, engineers or protectors (police, fire, military). While others are veterinarians, managers, leaders and everything in between. And let’s not forget about […]
Almost weekly I speak with someone who believes diversification means using multiple financial advisory service firms to get a diversified portfolio. Upon further examination, I find that more often than not the exact opposite of this assumption is true. Let me explain.
Every day I meet with someone across from my desk who’s frustrated with the low interest rates C.D.’s are paying today on their savings. They remember the good old days not that long ago of when you were rewarded for having savings with interest rates of 5%-6% and you could live on the interest made […]
As you get closer to the finish line of life, it’s important to start thinking about your wealth distribution in three different ways.