Staff blog posts

TDWM Announcement - Leaving LPL to Form RIA at TD Ameritrade

It is with great excitement that we here at Topel & DiStasi Wealth Management announce our decision to end our seven-year affiliation with LPL Financial, and change our custodial relationship for our client’s investment accounts. We have also decided to register Topel & DiStasi Wealth Management as its own RIA (Registered Investment Advisor), rather than continue to operate under someone else’s corporate RIA as we did with LPL Financial.

Join TDWM at Bike MS: Waves to Wine 2016

Multiple Sclerosis (MS) is a potentially debilitating disease which causes damage to the insulating covers of nerve cells in the brain and spinal cord, and for which there is no known cure. This is a disease which has closely affected the families of multiple members of our firm here at TDWM, and so, once again, Topel & DiStasi Wealth Management will be sponsoring a team in this year’s Bike MS Waves to Wine charity ride to benefit the National Multiple Sclerosis Society on September 24-25th, 2016.

The Tax Consequences of Whole Life Insurance

Deciding on whether to buy a life insurance policy usually comes down to choosing either permanent policies such as whole life insurance or the shorter-term option of term life insurance. Picking between the two requires carefully looking at the pluses and minuses, including the tax implications of both plans.

What are the tax advantages of whole life?

Cash Is King

Without Adequate Cash Reserves, You’re Gambling — Not Investing

Paying down high-interest revolving debt, such as credit card debt, and building up cash reserves for emergencies are generally the first steps to getting your financial house in order. Financial advisors differ on how much cash you should have on hand, but virtually all say that it’s crucial to have an emergency fund before investing.

Financial Planning Should Be About the Journey and the Destination

In Carol S. Dweck’s groundbreaking book Mindset, there is a quote relating to people mired in what she calls the fixed mindset.

“In the fixed mindset, everything is about the outcome. If you fail—or if you’re not the best—it’s all been wasted. The growth mindset allows people to value what they’re doing regardless of the outcome.”