Creative Planning Inc. one of the nation’s largest Registered Investment Advisers announced the acquisition of The Johnston Group, an RIA firm located in Minneapolis, Minnesota. The Johnston Group provides financial planning and investment management services to investors nationwide with concentration in Minnesota, North Dakota and South Dakota.
The majority of businesses in the United States today are structured as some variety of pass-through entity, ranging from Sole Proprietorships and S-Corporations to Partnerships and Limited Liability Corporations (LLCs). According to one estimate, those four structures account for over 90% of businesses.
Ah, the three trip wires that can deep six any financial scenario – ignorance, incompetence and incentives.
When working with clients to set up their estate plan, one of the most important, and sometimes challenging question we ask is “Who do you want to be your trustee?”
I have always found Behavioral Finance interesting as it tries to explain the “why” behind investors decisions.