Rising Inflation: Where Will It Go from Here?
Though all economists expect inflation numbers to rise in the near term, there are different views on the potential long-term effects. In March 2021, the Consumer Price Index for All…
Personal Financial Planning
Our Process
Through our six-step process, we work closely with you to identify goals, analyze your balance sheet and develop influential wealth management recommendations. We also bring together your various advisors, including accountants, attorneys and bankers to make sure everyone is working toward a common goal with their support to you.
1-on-1 Meetings
Our initial steps help define how we will work together. We can work in person or virtually.
Goal Setting
We want to learn what matters most to you. We'll determine goals and begin to gather your financial information.
Fiduciary Analysis
Our team will analyze your information and develop strategies based on your goals, stage of life, and risk tolerance.
Customized Recommendations
We develop recommendations based on real experience rather than pre-listed products.
Financial Plan
With your comprehensive financial plan as the foundation, our advisors will guide you on your financial journey, leading you along the path towards goal achievement.
Ongoing Follow-Up
We work with our clients ongoing. We monitor your progress to keep you on track.
Personal Financial Planning Resources
“Have you enjoyed your money?” And other financial planning questions you should ask yourself in 2021
By Paul Parnell “Have you enjoyed your money?” This is a question I often ask my clients. Too often I see investors who work and save diligently for a lifetime…
Quarterly Market Review: January-March 2021
The Markets (first quarter through March 31, 2021) As we closed out 2020, the overwhelming sentiment entering January was that it couldn’t get much worse. Unfortunately, January did not start…
Where Millennials are Buying Homes
The areas might surprise you – and are likely to see prices continue to rise Housing has been on a tear for the past 10 years, with homes currently going…
As Seen in St Croix Valley Magazine
Ballast Advisors was recently featured in St. Croix Valley Magazine’s April/May 2021 issue on our comprehensive financial planning services.
9 Motivational Quotes for Women Investors
9 Motivational Quotes for Women Investors According to a study from McKinsey & Company by 2030, American women are expected to control much of the $30 trillion in financial assets…
Now is a Fantastic Time to Review Your IPS
An Investment Policy Statement is your guardrail to keep you on your path to retirement. When markets near high records, you wonder, “Is this a bubble?” When markets dive, you…
GameStop and a Modern-Day David vs. Goliath
Is this the new Occupy Wall Street movement with a massive sling shot? Wall Street bets against companies all the time, thinking that they are overvalued, destined to fail, or…
10 Tips To Help You Save More in 2021
It’s a new year (thank goodness) and the perfect time to renew healthy habits, including those in your financial life. If 2020 taught us anything, it’s the importance of planning…
Year-End Charitable Giving
Even if you don’t itemize deductions on your federal income tax return, you can receive a $300 charitable deduction for 2020 direct cash gifts to public charities (in addition to…