Wealth Clarity Blog

Our views on achieving a life of security and significance

Recent Posts

  • At Highland, we help our clients to understand what Living Fully means for them and steward their financial resources to accomplish that life. While Living Fully is unique to everyone, some common aspects are relationships, community, and traditions. As we gather around the Thanksgiving table this week, it presents a......

  • As we get older, we are invited to charitable breakfasts, lunches, and dinner auctions. Before long, our calendars are filled with these events and we’re giving away money in a fun and social way. At some point, the realization sets in that while these are all great causes, they aren’t......

  • One of the best things about being a wealth advisor is helping people understand what their money can do for them and the world. It is a difficult undertaking, as it requires prospection and careful evaluation of the risks and opportunities. The younger a person is, the harder the exercise.......

  • How much are your “all in” costs when working with an advisor? If you don’t know, you’ll want to figure it out. I regularly meet with prospective clients who are shocked when I look at their statements and add up all the fees. In most cases, a good portion of......

  • I was meeting with a client recently and she asked if there was a listing of wealth management best practices; something to review and use as a tool to enhance her efficiency in managing and thinking about her wealth.  The more I thought about her request I realized that this......

  • You hear it all the time: diversification is important. It even shows up in colloquialisms like “Don’t put all of your eggs in one basket.” The term is used so much it has almost lost much of its meaning or impact. Diversification is referenced so frequently for a reason: it......

  • Anyone living in the Pacific Northwest is familiar with majestic Mt. Rainier, a snow-capped peak that beckons hikers from near and far. Having had the opportunity to climb Mt. Rainier, I have learned that many of the lessons and principles of climbing a big mountain can apply to my work......

  • Trade wars, increasing inflation, rising interest rates, high valuations, geopolitical tensions, political dysfunction, major deficits and debt, late-stage economic cycle, wealth inequality, and aging demographics are all reasons investors should be careful about investing right now. Or are they? All these things matter, they just don’t matter that much to......

  • With tax season underway, it’s a great time to ask your accountant about the tax efficiency of your portfolio. The conversation-starting strategies we mention below aren’t designed to avoid taxes. Rather, they allow you to be more tax-aware in your decisions. Let’s review some red flags to watch out for......

  • Stocks have given up their 2018 gains after a few rough days in the market, with the S&P 500 dropping about 10% from the peak before stabilizing some this morning. We believe a primary driver of the sell-off is inflation fears, as wage inflation is starting to finally pick up.......