Fischer Financial

Key Takeaways: A family bank is a formal legal entity that a family sets up, with rules that govern how family members can access family funds. Family banks often are…

Key Takeaways: Stress testing can help you see if your strategies are still likely to do what you expect them to do. When your personal situation changes—or there are big…

Key Takeaways: Monitoring cash flow and other metrics can help you avoid overspending and underspending. Run the numbers on withdrawal strategies to find one that fits your situation. Don’t turn…

Key Takeaways: Founders of family businesses and single-family offices care more about family harmony then do their heirs. Professionals—from psychologists to wealth managers—can help families build better relationships. Families themselves…

Key Takeaways: The connection between our mindset and our results is strong. Look for abundance, not scarcity, when assessing opportunities. Pursue lifelong learning—and teach others what you know. “Change your…

Major unexpected challenges can occur at any time. A sudden job loss, a terminal diagnosis or death, a lawsuit directed at you, or a disaster that wrecks your property may…

It goes without saying that you play a crucial role in making the decisions that will determine whether you will achieve your financial dreams. That’s why it makes sense to…

  KEY TAKEAWAYS: Multifactor authentication is a critical but underused tool to protect against bad guys. Phishing attempts have gotten very sophisticated and require a discerning eye. Businesses need recovery…

KEY TAKEAWAYS: Having a vision that causes you some discomfort and uncertainty can challenge your existing thinking and foster innovation. Be sure to set goals that have a large upside…

  KEY TAKEAWAYS: Going from entrepreneur to consultant can help you stay engaged and give back. Be clear on the value you can offer to others—and communicate that value. Understand…