“Absolutely! Living in Nevada with no state income tax is a big deal. Especially for Californians who are sick and tired of paying considerably more income tax on their hard earned income.” Mike Mixer, Executive Managing Director | Las Vegas, Colliers International “Nevada is certainly still a tax friendly state, especially as compared to states like California where we moved … [Read more...] about Do You Think Nevada Is Still a Tax Friendly State?
Short and long-term financial goals for CEOs, other executives and business owners might include buying a home, putting their children through college, retiring at a certain age or leaving a legacy, perhaps their business, to their heirs. It’s important for high net worth people to determine now what they’d like to achieve, develop a plan to reach their goals, write it down and … [Read more...] about Wealth Management: Setting and Obtaining Financial Goals
When it comes to investing, there is no shortage of strategies. Through a variety of resources from books to television to online, potential investors are inundated with information on the topic. The trick for any investor is how to turn that overload of investing information into a long-term investment strategy that will allow them to achieve their financial goals. For most … [Read more...] about Investment Strategies: Designing the Perfect Portfolio
Estate planning is one of those tasks everyone knows is important, but few do eagerly. After all, staring the Grim Reaper in the face to figure out how to distribute assets isn’t fun. However, postponing the decisions is a mistake. Jeffrey Burr, an attorney specializing in estate planning, explained many of the threats that lurk. “Just being unprepared” tops the list, he … [Read more...] about A Primer on Estate Planning: Be Prepared
With the economic downturn, the investment landscape has changed significantly. Investors are much more careful about where they put their money and investment firms are facing a multitude of new regulations. Recently, executives representing various investment firms met at the Las Vegas offices of Snell and Wilmer to discuss these issues and what the future of their industry … [Read more...] about Industry Focus: Investment Firms
When the boat is rocking people naturally cling more tightly to the rail – which, given today’s economy, says much of what one needs to know about investing for retirement. “Individuals are scared, and rightly so,” says Tony DePasquale, founder and President of Elysien Private Wealth & Real Property in Henderson. “They want safe, and they want to know that the people … [Read more...] about Wealth Management: Tending to Retirement
The financial services industry has experienced a few rough years but, like many other industries, is beginning to see a bit of a turn-a-round. With individuals beginning to show an interest in wise investments and a slow unclenching of funds, the financial industry is poised for a good year. Connie Brennan, publisher of Nevada Business Magazine, served as moderator for the … [Read more...] about Industry Focus: Investment Firms