At 32, Sarah and Michael had achieved their dream: successful careers, a charming new home, a healthy toddler, and a bright future ahead. Yet, an unforeseen event was about to change their lives when...

When I sit down with new clients to discuss their retirement goals, I can almost guarantee we’ll end up having some version of the following conversation: We start talking retirement numbers, and when I ask about their savings goals, they’ll throw out a figure. Usually, it’s something substantial like $5 million or more. “That’s what I need to retire comfortably,” they’ll say with conviction.

Uncovering the retirement withdrawal iceberg and exploring whether it's better to draw from your 401(k) first or Social Security.

New York is known for its lively culture, world-class dining, and some of the highest costs in the country. This reality doesn't just affect everyday expenses — it even extends into long-term care costs, which can often surprise high-net-worth individuals. The Empire State's reputation for luxury and high living standards carries over into its healthcare and senior care facilities, making it one of the nation’s most expensive states for long-term care.

Ah, the high-earner life—shouldn’t it feel different? More luxurious? Yet, many people who earn more than $250,000 feel strangely stretched. And it’s not just you; it’s real. From lifestyle creep to hefty taxes, that six or seven-figure income can dwindle in surprising ways.

In today’s rapidly changing healthcare landscape, it has become increasingly important for individuals to take charge of their medical expenses. One valuable tool is the Health Savings Account (HSA). With its numerous benefits and potential for long-term savings, an HSA can provide an opportunity to grow your total healthcare dollars well into your retirement, saving on taxes now and well into the future.

Last year, I met with new clients to assess their financial concerns. They had begun analyzing their taxes and were confused as to why they owed so much because their previous predictions about how much money they would owe in taxes were spot on. After doing some research together, we discovered that they had large mutual fund distributions in one of their brokerage accounts held with another...

You've spent decades building your wealth, climbing the corporate ladder in Manhattan, or perhaps building a successful practice on Park Avenue. Your investment portfolio is diversified, your retirement accounts are well-funded, and your children are set for the best education money can buy. But what happens to all of this when you're gone?

At some point in our lives, we all face the moment of bidding farewell to a family member or friend. If you had a close relationship with the deceased, you might find that they have bequeathed something to you in their last will and testament. However, before you can officially take possession of the assets, there is one more concern to address: the inheritance tax on your newly acquired assets.

On January 1, 2026, current estate tax exemptions are scheduled to expire and return to 2017 levels — about half the levels they’re currently at. For high-net-worth and ultra-high-net-worth estates, this means estate planning is that much more critical, as there are essentially only two ways to lock in the higher exemptions: dying or making a permanent gift of assets before January 1, 2026.

In today's world, philanthropy and charitable giving have become increasingly important to many individuals and families. Whether you want to support a specific cause, make a positive impact on your community, or leave a lasting legacy, there are various ways to give back. One powerful tool that's gaining popularity is the Donor-Advised Fund (DAF). In this blog, we'll explore what a Donor-Advised...