Business Owners

The Value Of Financial Therapy For Men In Power

Do billionaires need financial therapy? The very idea probably seems ludicrous. Why would someone with such immense wealth and power have issues around money? That question is one of the topics addressed in a new book, Financial Therapy for Men, edited by Dr. Prince...

How The Tax Code Got So Complicated

If you’re wading through the process of preparing your tax return, you may well be asking, “Why does this have to be so complicated?” I hear some version of this from clients every year. The forms feel endless. The rules seem arbitrary. Even financially savvy people...

The Lag Between Loud Tariff Headlines and Quiet Price Increases

Early last year, the drama around tariffs dominated news headlines, market predictions, and interactions between the US and our allies. Yet for most Americans, daily life went on with little obvious impact on prices for goods. At least not right away. The costs...

Capitalism or Socialism? What Matters Most Is Who Holds Power

Last week’s column covered four different systems often lumped together as “socialism”: State Socialism, State Capitalism, Democratic Socialism, and Social Democracy. While our perceptions of them are shaped by how we think about freedom and fairness, the...

Socialism May Not Mean What You Think It Means

The election of Zohran Mamdani as mayor of New York City has recently put a spotlight on socialism. According to an NBC poll, increasing numbers of Americans view this system positively. But when we talk about socialism, we’re usually not talking about the same...

The Leadership Challenge of Letting Go

Over my years as a financial advisor, I have helped many clients work through the financial and emotional aspects of major life transitions. Now, in welcoming two new partners to the firm I started as a sole owner 40-plus years ago, I am working hard to take my own...