Harris Financial-Benefits of Rebalancing-Balancing Rocks

By: Harris Financial Advisors | On: May 21, 2019 | Category: Financial Planning |

Rebalancing Investment Portfolios: an approach to managing risk

Rebalancing is the process of adjusting a portfolio’s current asset allocation to pre-established target weights, based on a specific investor’s goals and risk appetite. According to a recent Vanguard study, asset allocation contributes to 91.1% of portfolio performance with the balance attributed to security selection.1

Revocable-Taylor measuring-Harris Financial

By: Harris Financial Advisors | On: May 1, 2019 | Category: Financial Planning |

Revocable Living Trust: measuring the benefits

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:

TipsforBusinessOwners-Track and Field Runner

By: Harris Financial Advisors | On: March 19, 2019 | Category: Financial Planning |

Business Owners: stay on track by developing business and personal strategic plans

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.

Diversifying-Investment-Program-watch

By: Harris Financial Advisors | On: March 7, 2019 | Category: Financial Planning |

Now is the time to diversify your investments

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.

Harris Financial LTC Ins Options-Looking Glass

By: Harris Financial Advisors | On: February 20, 2019 | Category: Financial Planning |

Long-Term Care Insurance Options:
Multiple Views, Different Angles

January 2019 brought news that several long-term care (LTC) insurance carriers will significantly increase their customers’ premiums over the next few years. This development is significant for individuals and couples who are wondering if they need long-term care plans and, if so, what they can do to ensure their plans offer sufficient and affordable coverage.