When it comes to estate planning, establishing a trust can be a helpful way to ensure long-term financial stability and manage assets over time. Trusts exist in a wide variety of forms to serve individuals, couples and families over lifetimes and after death.¹ Trusts are established for a variety of reasons, among them:
For more than two decades, Harris Financial Advisors has demonstrated its commitment to the fiscal well-being and overall success of our nonprofit clients. We specialize in aligning investment strategy with philanthropic missions, supporting leaders in creating dynamic organizations, and providing resources and perspectives to maximize overall charitable impact.
Investing time and energy to develop detailed plans for growth is a task that dedicated business owners perform – but that’s not their only priority. A solid strategy for both their business and personal finances, especially since the two are usually intertwined, holds the key to a business owner’s overall long-term financial success.
With the majority of the first quarter of the year behind us, investors need to examine their portfolios to ensure they are properly diversified and positioned to succeed during the rest of 2019.
We generally recommend that clients diversify portfolios globally across stocks, bonds, real estate, commodities and cash. The specific allocation among these asset classes depends on a number of different factors, but establishing an appropriate strategic asset allocation helps clients weather sudden market swings, manage risk, and pursue their long-term financial goals.
2019 is shaping up to be another year of growth and excitement for Harris Financial Advisors. We are pleased to announce that AdvisoryHQ has named us one of the top 11 financial advisory firms in Los Angeles for 2019. This is the second consecutive year that Harris Financial Advisors has ranked on the list, solidifying our place among an exclusive group of the area’s most prominent firms.