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Feb 05
Heidi AWM Nevada

American Wealth Management’s VP, Heidi Foster, featured in Action Magazine

By News

Action Magazine asked top financial advisors to share Financial Advisor Strategies for Guiding Young Clients, including American Wealth Management’s Vice President, Heidi Foster, CFP®.

Millennial and Gen Z Investors and Wealth Management

In the piece, they light on the changing expectations of younger clients, individuals who may be thinking about buying their first home, starting a family, or building long-term financial security, even if those milestones still feel far away.

“Many younger investors don’t need their money right now. They’re focused on achieving balanced living fully today while preparing wisely for tomorrow.”  The article emphasized a growing shift in the advisory landscape away from the traditional “gatekeeper” model and toward a more collaborative, educational approach. Transparency, empathy, and creative problem-solving are key to building lasting relationships with clients.“It’s about partnership. When advisors show up as guides helping clients understand their options and make confident decisions, we’re not just managing money. We’re helping shape a generation that’s financially empowered and ready for what’s next.” The insight reinforces her ongoing commitment to financial education and holistic client relationships, values that continue to define her leadership in the industry.

Read the full article here at Action Magazine.

“With retirement money, younger investors may be more aggressive. However, with their general savings, they should probably be more conservative,” says Heidi Foster

Financial Advisor in the greater Reno Tahoe Area

Do you have any questions about Financial Planning? With 20+ years of experience, Heidi Foster is available to assist you with your financial planning needs. 

Take advantage of our 1-hour no-cost financial consultation. Fill out our financial advisor consultation form.

 

For more information regarding your financial professional designation(s), click here.

Investment advice offered through American Wealth Management (“AWM”), an SEC-registered investment adviser. Certain personnel of AWM may also be registered representatives of M.S. Howells & Co. (“MSH”), Member FINRA/SIPC, a registered broker-dealer, and therefore, may offer securities through MSH. AWM and MSH are not affiliated entities. M.S. Howells does not provide tax or legal advice. Please consult your legal or tax advisor regarding your individual situation.

May 04

Business Continuity Plans: Prepare now to better protect your business

By Advice, News

As a business owner, you’ve worked hard for your success. The long hours, the difficult decisions, and the sacrifices you have made have led to where you are today. The last thing you want is to suffer a disruption to your business. However, in the event that you do experience an unavoidable mishap­, it may be smart to have a Business Continuity Plan (BCP) in place.

What is a Business Continuity Plan (BCP)?

A BCP is a document that maps out a business’ system of prevention and recovery from potential threats or disruptions. A sound BCP ensures that personnel and assets are protected and empowered to take quick action in the event of a disaster. It is important to remember that a BCP should be conceived in advance and may involve input from key stakeholders and personnel.1

What is considered a “business disruption”?

In general, a “disruption” is anything that causes a business to suffer a loss due to unforeseen events, such as damage to one’s facility, the breakdown of essential machinery, a supplier failing to deliver essential goods or a technology-related malfunction.2

What are the components of a BCP?

A BCP should be unique to your business, but there are some common factors consistent among all continuity plans. Creating a business continuity plan includes four steps:

  1. Conduct a business impact analysis to identify time-sensitive or critical business functions. Be sure you have the resources to support those tasks.
  2. Identify, document, and implement processes that are essential to the recovery of your business.
  3. Create a continuity team and compile a step-by-step plan that they can enact during a business disruption.
  4. Make certain your team is trained and ready. This may take the form of testing or other exercises to evaluate the strength and viability of your recovery strategy.3

Be prepared. A BCP is only helpful if it’s put in place early and updated regularly. Some time, care, and training now may help your business weather a storm down the road. Don’t delay; start putting your business continuity plan together soon.

This material was prepared by MarketingPro, Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. This information has been derived from sources believed to be accurate. Please note – investing involves risk, and past performance is no guarantee of future results. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional. This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment or insurance product or service, and should not be relied upon as such. All indices are unmanaged and are not illustrative of any particular investment.
Investment advice offered through American Wealth Management (“AWM”), a SEC-registered investment adviser. Certain personnel of AWM may also be registered representatives of M.S. Howells & Co. (“MSH”), Member FINRA/SIPC, a registered broker-dealer, and therefore, may offer securities through MSH. AWM and MSH are not affiliated entities.
Citations.
1 – Ready.gov, 2020
2 – Investopedia.com, 2019
3 – Ready.gov, 2020
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