Marketwire - Marketwire - Social Media - North America - Insurance

Know the Difference Between Good Debt and Bad Debt

Thu, 12 Nov 2009 11:45:00 EST

WASHINGTON, DC--(Marketwire - November 12, 2009) - The New Financial Realities: Personal Statement by Eleanor Blayney, CFP� Consumer Advocate for the Certified Financial Planner Board of Standards (CFP Board):

In the current financial crisis, we have learned that we can no longer afford to borrow as we did in the bubbly pre-recession days. There are new financial realities; we must re-examine some basic assumptions and consider some new approaches. Over the course of this series, we are looking at nine important financial strategies. This week: Learn the difference between good debt and bad debt.

Multi-Family Office Model Grows With Investors' Needs

Fri, 06 Nov 2009 20:51:00 EST

CHICAGO, IL--(Marketwire - November 6, 2009) - As an investor's wealth grows, so grows the complexity of their assets and their need for comprehensive advice across a broad spectrum.

More are seeking the multi-family office model of wealth management -- a client-focused approach that takes into account all assets, interests and idiosyncrasies. MFOs manage business, finance and life for clients with a wealth advisor at the center of a cadre of trusted advisors.

The MFO model oversees not only cash, stocks, and bonds, but illiquid investments such as property, businesses, alternative investments like art or classic cars, and every financial consideration.