Category: OWG Online

Nearly $400,000 a year for a landscaper to maintain a home he didn’t live in. Unknowingly paying for 16 cars and 23 cellphones. Those are just some of the frivolous expenses that actor Al Pacino details in his new memoir, Sonny Boy, expenditures that eventually whittled his fortune down from $50 million to nothing. Thankfully, Pacino appears

As we move forward from an emotional election and gain clarity, we recognize that political divisiveness may not disappear now that the election is over, we hope this allows us to make more progress in bridging our divides. For many investors, achieving an outcome and removing the cloud of uncertainty is, in and of itself,

The Minneapolis-St. Paul Business Journal held a panel discussion recently on estate planning. Panelists included Sharon Olson, president, Olson Wealth Group; Nicholas Hulwi, attorney, Hellmuth & Johnson; Erika Toftness, attorney, Larkin Hoffman; and Jennifer Lammers, attorney, Best & Flanagan. Dyanne Ross-Hanson, president, exit planning strategies, served as moderator. Dyanne Ross-Hanson: Estate planning is such a

“Before anything else, preparation is the key to success.” When it comes to preparing for family meetings, these words, attributed to Alexander Graham Bell, ring especially true. For multigenerational families of wealth, family meetings can be the linchpins in aligning the family around a shared vision for the family’s wealth and what they want that

LPL Research recently unveiled Midyear Outlook 2024: Still Waiting for the Turn, the semi-annual report that recaps where the markets and the economy have been over the first half of 2024. As we reach the halfway point of 2024, a sense of persistence defines the economic and market landscape. Trends from late 2023 have continued,

Recently, my clients announced that their son and daughter-in-law were having twins. They were incredibly proud and highly motivated to start saving for their education. I told them about the 529 college savings plan which also allows tax-free distributions for private elementary and high school. The 529 plan provides an excellent tool where approved educational

Olson Wealth Group President and Founder, Sharon Olson, CFP®, CEPA, recently participated in the Mergers and Acquisitions Table of Experts panel discussion hosted by the Minneapolis/St. Paul Business Journal (MSPBJ). The discussion featured insights and perspectives from distinguished professionals, including representatives from Olson Wealth Group, Highland Bank, RSM, EisnerAmper, and Hellmuth & Johnson. As the President and Founder of Olson Wealth Group and

Snowbird season has arrived and we’ve listed some important things to consider when planning a prolonged absence in the sun.  Start keeping a running list on your phone a month before you leave. That way, when it’s time to pack, you’re already done with the mental preparation and packing will just be collecting what you need.

While it’s apparent that Guided Wealth Porfolios (GWP) provides entry into the market because of its low investment fees and account (an investor can sign on with as little as $5,000), it has been embraced by investors in all stages of life.