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The sale or transition of a business to new ownership is a complicated and fraught experience in any situation. Throw in the family dynamics of family-owned businesses, and things can get really complicated. At Olson Wealth Group, we work with many family businesses who are approaching a transition, and we believe from experience that taking

Trusts can help families gain greater financial clarity, protection, and privacy while supporting and complementing tax planning and charitable giving strategies. Sharon Olson explores with readers five reasons creating a trust could be a smart move for you and your family in her recent article in the Minneapolis/St. Paul Business Journal. When many people hear the term

In this Forbes article, Olson Wealth Group President Sharon Olson, CFP®, CEPA shares her perspective on how a formal family meeting can provide a cohesive opportunity for family to discuss their goals and continue to promote family unity, harmony, and happiness among future generations. Over time, family offices have evolved from something more than money management, into something much

Olson Wealth Group founder, Sharon Olson, CFP®, CEPA, shares her perspective in The Experts section of The Wall Street Journalregarding 20 Ideas for Adjusting Your Stock and Bond Portfolioon how to manage your portfolio in these volatile markets. #wealthmanagement #olsonwealthgroup By Cristina Lourosa-Ricardo Updated Aug. 7, 2022 6:00 am ET Is it time to rethink the percentage of stocks you hold in

The burden of saving for retirement in the U.S is heavy for most people, but it’s generally more cumbersome for women, who, thanks to a number of factors, have a greater likelihood of running out of money in their golden years. For starters, women, on average, live longer than men. Surely it’s no guarantee, but women need

Markets rarely give us clear skies, and there are always threats to watch for on the horizon, but the right preparation, context, and support can help us navigate anything that maylie ahead. So far, this year hasn’t seen a full-blown crisis like 2008–2009 or 2020, but the ride has been very bumpy. We may not

It’s sometimes referred to as “sudden wealth,” but more often than not, it’s been years in the making. Many business owners and entrepreneurs spend decades building their businesses, plowing their profits back into the business while living a rather modest lifestyle themselves. They don’t consider themselves wealthy by any means. Then, inevitably, the day approaches

As part of our ongoing tactical approach to managing our clients’ portfolios, we are taking this opportunity to turn losses into wins. Tax planning is not just something to consider at year-end. Our investment team works year-round to manage our portfolios with a particular acuity to tax efficiency and tax-adjusted returns. In doing so, we are

Over the last week, the markets have delivered extreme volatility, with the S&P 500 Index approaching bear market territory as it flirts with a peak to trough decline of almost 20%. The concerns that have contributed to the poor start are well-known. Historically high inflation, supply chains disruptions, China in another lockdown, geopolitical concerns, an