If you’re a parent, or even contemplating becoming one, you know that starting a family leads to all kinds of “firsts.” For many, it’s the first time you’ve sought out financial planning services. Life insurance, wills, trusts, saving for college – all of these can feel complex, maybe even a little overwhelming. So, in this week’s Life with Money, our focus is …
What It Means & What It Takes to Become a Certified Financial Planner
Although Park Piedmont focuses primarily on providing investment advice, our advisors also assist clients with broader financial planning work. Financial planning is the process of evaluating a client’s financial situation and developing a roadmap to help them meet their short- and long-term financial goals. The CERTIFIED FINANCIAL PLANNER™ designation is one recognition of expertise in financial planning. A number of our …
The Financial Perils of Herding
In recent weeks, the cryptocurrency industry has dominated financial headlines due to the bankruptcy of FTX, a popular crypto exchange. As an exchange, FTX allowed people to buy, sell, and trade digital currencies. The collapse of FTX began when reports surfaced about the company’s financial structure and levels of debt, which caused the price of FTX’s own “native currency,” the cryptocurrency …