One of Park Piedmont’s primary goals as a firm is to focus on thoughtful long-term planning for our clients’ financial lives. One important but often overlooked example of this planning involves tax-loss harvesting (TLH). As described in more detail below, tax-loss harvesting opportunities aren’t necessarily available every year. But when they are, as in 2022 and possibly this year as …

For many, considering the need for life insurance happens around the time they have their first child. This makes sense, as having children is often the first time that people have another person depend on them financially. A lot of new parents purchase term life insurance, which is designed to last for a specific period (20 years, 30 years, etc.), because …

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 …

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 …