Financial Life Planning column by Mitch Anthony at Journal of Financial Planning. The task of creating a financial plan is often viewed by clients as a one‐time event that easily becomes outdated. As a financial plan becomes outdated, clients begin to chafe at paying the same fee for what they perceive as less effort. The [...]
"Financial Life Planning" column by Mitch Anthony at Financial Advisor magazine. What reasons has he to envy a young person? For the possibilities that young person has, the future that is in store for him? ‘No thank you.’ He will think ‘instead of possibilities, I have realities in my past—not only the reality of work done [...]
"Financial Life Planning" column by Mitch Anthony at Financial Advisor magazine. For over three decades, I’ve been tracking gerontological studies on the factors influencing “successful aging.” I’ve always been fascinated with people in their later years who defy stereotypes––marching to the beat of their own drummer, retaining their mental acuity and staying in touch with the [...]
Column by Mitch Anthony on Market Watch. A man I know seemed to have it all. He had an in-demand practice at a large clinic that paid him hundreds of thousands of dollars a year. He had a huge house in his city's most upscale neighborhood. He had a second home on the beach. He [...]
Financial Life Planning Column by Mitch Anthony for Financial Advisor magazine. “Home is any four walls that enclose the right person.” – Helen Rowland I often talk with successful people working in different fields, going on the assumption that many principles of success are portable across industry lines. If an idea works in one industry, [...]
Column by Mitch Anthony in Market Watch. Few conversations are more fascinating than those about what money means in our lives. People constantly mull, study, worry, regret, scrutinize, second-guess, hope and fantasize about money. Sometimes it becomes an obsession. "What are you invested in?" "What do you think of the stock market right now?" "Where is [...]
Financial Life Planning column by Mitch Anthony. The cobbler’s children go barefoot.” How often have we heard that phrase, used to describe experts who do not apply their expertise to themselves? Doctors who ignore their health, police officers who break the law, lawyers without wills, architects who don’t design homes for themselves, insurance agents who [...]
"Financial Life Planning" column by Mitch Anthony at Financial Advisor magazine. In my last column, I introduced the idea that today’s advisor, to be successful and remain above the fray, must evolve into a merchant of wisdom. In this article, I will define the competencies advisors should attempt to cultivate as well as the roles they [...]
"Financial Life Planning" column by Mitch Anthony at Financial Advisor magazine. Don’t let your clients get fixated on a number. By Mitch Anthony “If hopes were dupes, fears may be liars.” – Arthur Hugh Clough This is the second article in a series on the philosophical principles that an advisor must confront to make the [...]