WrapManager's Wealth Management Blog
When life changes, we can help you thoughtfully respond.

Michael J. O'Connor

CWS®, Vice President Investments

Recent Posts

Writing Your Will – Ensuring Your Wishes are Known and Followed

Posted by Michael J. O'Connor | CWS®, Vice President Investments

August 1, 2018

Our estate planning hats are on this week, and we have two fundamental but essential questions for readers: (1) Do you have a will? and (2) If you do, have you updated it in the last year?

If the answer to either of those questions is no, we have five reasons it should be yes:

  1. Don’t Let State Laws Determine Who Gets Your Assets – when a person passes, and it is determined that he/she did not have a written will, then state laws will usually determine how the person’s property will be distributed. Though the state will generally opt to distribute property amongst family and close relatives, the fact that the state is making the decisions is problem enough. You work hard for the assets you accumulate over a lifetime. It should be up to you how those assets are distributed.
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Estate Planning financial planning

4 Healthy Financial Habits Everyone Should Have

July 25, 2018
Oftentimes when it comes to investing, there are habits/tasks we know we should do, and habits/tasks that we’d maybe prefer to do. Saving ... [+] Read More

How Jobs and Financial Markets Intersect

July 11, 2018
How important are jobs and the unemployment numbers to financial markets? So important that strict rules were put in place over 30 years ... [+] Read More

It’s the 2nd Longest Economic Expansion in U.S. History – How Long Can It Last?

June 6, 2018
Through April of this year, this economic expansion is now 106 months old. If the US economy continues to grow through May – which seems ... [+] Read More

Don’t Confuse 401(k) Withdrawals with 401(k) Rollovers – It Could Cost You

May 9, 2018
One of the reasons investing gets confusing for most people is that there are too many rules, requirements, products/options, and terms. ... [+] Read More

The True Cost of Homeownership

April 11, 2018
The act of buying a first home is often framed as a wonderful, life-changing experience. And to be sure, it almost always is. But it’s the ... [+] Read More

US Economy: The Current State of Affairs

March 14, 2018
When it comes to the current state of the US economy, it is difficult to find many problems. In fact, the data and trends appear to support ... [+] Read More

How Living Longer Should Impact Retirement Planning

March 7, 2018
If your financial advisor insisted on creating an investment plan that projected you and/or your spouse to live past 100, you might be ... [+] Read More

Why High Income Earners Can Still Benefit from a Budget

January 23, 2018
A high-income earner can benefit from a having a budget much like a professional athlete can benefit from having a personal trainer – even ... [+] Read More

When is the Right Time to Hire a Tactical Money Manager?

January 19, 2018
Let’s start with a more basic question: what is a tactical money manager? To answer that, an investor must first understand “tactical asset ... [+] Read More