Everything You Need To Know For Tax Season 2022

Posted by Jim Kantowski, CFP®, CPA on February 23, 2022
It’s the most wonderful time of the year! No, not the holidays—it’s tax season 2022.
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Topics: Tax News, Wealth Management

We’ve Merged With Woodstone Financial

Posted by Bill Hufnell, CPA, CFP® on February 22, 2022
We are excited to announce our expanded presence in Asheville, North Carolina, through our merger with Woodstone Financial, LLC. Since the company's founding over 20 years ago, Bay Point Wealth has provided comprehensive, fiduciary financial planning, investment, and tax advice. With the merger, ...
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Topics: Investment News

A Quick And Easy Guide On How To Set Up A Trust

Posted by Billy Hufnell on February 07, 2022
Making the decision to set up a trust for a child or an adult family member is a critical part of estate planning. Creating a trust can protect your family’s wealth as it gets passed down to future generations. It can also help secure your loved ones’ financial futures. The first step? ...
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Topics: Financial Planning, Wealth Management

Donor Advised Funds: What Are The Pros And Cons?

Posted by Billy Hufnell on January 27, 2022
Supporting a cause you feel passionate about is a major financial objective for many Americans. Whether your budget for charitable giving is large or small, understanding the best way to donate your money can help you maximize your impact and minimize your tax bill. This is why it’s crucial to ...
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Topics: Financial Planning, Retirement Planning, Wealth Management

What Are Alternative Investments? What To Know

Posted by Dan Ebinger on January 24, 2022
From age-old staples like gold to modern trendsetters like cryptocurrency, alternative options to stocks and bonds have long intrigued investors. However, not all investments are a wise choice for everyone to introduce into their portfolio. In this article, we’ll answer the question, “What are ...
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Topics: Financial Planning, Wealth Management

Quarterly Market Review - Q4 2021

Posted by Jim Kantowski, CFP®, CPA on January 21, 2022
As far as the markets are concerned, there was more to the story in 2021 than rising stock prices. There was the lingering pandemic, labor shortages, supply chain issues and inflation higher than we’ve seen in decades.
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Topics: Investment News

How Much Should I Save For My Child’s College Fund?

Posted by Jim Kantowski, CFP®, CPA on December 19, 2021
For many parents, college is a major milestone in your child’s future. A college education can set your child on the path to a rewarding career, both personally and financially. The college experience can also leave them with memories and friendships that last a lifetime. However, post-secondary ...
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Topics: Financial Planning

Should I Offer A Qualified Vs. Non-Qualified Retirement Plan?

Posted by Jim Kantowski, CFP®, CPA on December 13, 2021
There are countless decisions to make when you’re a business owner. Understanding how to drive revenue and increase profitability involves many factors, like strong marketing, sales, and customer service. You also need to make sure you’re hiring and retaining great talent. Learning the ...
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Topics: Retirement Planning

3 Signs You Should Rebalance Your Portfolio

Posted by Jim Kantowski, CFP®, CPA on December 08, 2021
Are you losing sleep over your investments? Implementing a portfolio rebalancing strategy is an excellent way to give yourself some peace of mind (and a few more hours of shut-eye every night). In this article, we’ll outline three signs that indicate you should rebalance your portfolio—while ...
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Topics: Wealth Management

Can You Live Off Dividends And How Much Would You Need?

Posted by Jim Kantowski, CFP®, CPA on December 03, 2021
You want to grow your wealth on your terms, and investing in the stock market is an excellent way to do that. While having a diversified portfolio is a smart move, it’s also important to understand specific aspects of investing, such as receiving dividends. This will help you answer questions ...
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Topics: Retirement Planning