Hightower Westchester

07/14/2025

With summer officially here our thoughts have turned to pool time, trips to the beach, and BBQ's. What's not on our mind? Estate planning. With that said, if you don't have a plan in place, it's time to stop putting it off and put pen to paper. In this month's blog, Peter Lang walks you through six simple steps to help you get started. It may be unsettling to start thinking about your own mortality, but knowing that you're creating a plan to protect your family and your legacy will make this much easier.

We have officially hit the mid-point of the year, a time when any new year’s resolutions have faded so far into the rear-view mirror that you can’t see them even if you stopped and waited. One resolution many of us make, aside from exercising and eating better, is to get more organized and atten...

06/18/2025

This month, Dawn Israel is shining a spotlight on women and investing. It's no secret that many women feel hesitant about diving into the world if investing - often due to a mix of uncertainty, lack of confidence, or simply not knowing where to begin. That's why Dawn's sharing eight practical tips designed to help you take that first step with clarity and confidence. Whether you're new to investing or looking to strengthen your financial foundation, these insights will empower you to make informed decisions and take control of your financial future.

Dawn Israel, Director, Wealth Advisor at Hightower Westchester, discusses women and investing. Dawn offers eight tips on how to approach investing and steps ...

06/12/2025

No matter where you are on your financial journey, planning for the future is a smart move. Whether you're just starting to save or looking to optimize your retirement strategy, a Roth IRA offers powerful benefits that can help you grow your wealth over time. With tax-free growth, no required minimum distributions, and flexible access to contributions, it's a versatile tool that you deserves your attention. In this blog, Richard Flahive explores how Roth IRAs work, who should consider having one, and why they might be a good fit for your long-term goals.

When it comes to managing wealth, choosing the right retirement savings vehicle can make all the difference. One of the most powerful tools available to investors is the Roth IRA, a tax-advantaged account that offers flexibility and significant long-term benefits. Whether you’re an affluent invest...

05/16/2025

The real estate market is highly competitive, with homes often selling above asking price and buyers paying in cash. So, how can you stay competitive? One option is delayed financing. This strategy allows you to buy with cash upfront and secure a mortgage later. In this month's videocast, Richard Flahive explains how delayed financing works, its benefits, things you should consider, and potential drawbacks.

Richard Flahive, Chief Investment Officer and Partner at Hightower Westchester discusses delayed financing. Richard discusses how it works, the benefits, thi...

05/08/2025

Are you ready to take your business to the next level? Whether you're considering selling, merging, or expanding, understanding the true value of your business is crucial. In this month's blog, Roman Ciosek provides an overview of the business valuation process, explains the various methods used to determine the economic value of a business, highlights common mistakes to avoid, and more. This blog will empower you to make informed decisions that could help maximize your business's potential.

If you are thinking about selling, merging, or expanding your business, a business valuation is essential. A business valuation is an assessment of the economic value of part, or all, of the business. It is a complex process that requires the valuator to consider many internal and external factors t...

04/21/2025

Are you planning to travel soon? Roman Ciosek shares tips to avoid common and costly money mistakes when traveling abroad, such as exchanging money at the airport. Roman also discusses the benefits of choosing the local currency when withdrawing money from ATMs or using your credit card, having an emergency plan, travel insurance, and more. These tips will help you make the most of your travel budget.

Roman Ciosek, Managing Director and Partner at Hightower Westchester shares common and costly money mistakes when traveling abroad. Topics covered include: C...

04/21/2025

Congratulations to Peter Lang for being named to Forbes' list of the Best-In-State Wealth Advisors for the fifth year in a row! Read the full press release here:

https://hightoweradvisors.com/blogs/news/list-of-hightower-advisors-recognized-as-forbes-2025-americas-top-wealth-advisors-and-best-in-state-wealth-advisors

04/03/2025

In this month's blog, Peter Lang shares insights on incorporating valuable personal items, such as art and collectibles, into your estate planning. He provides guidance on cataloging and appraising your collections, discussing your plan with your beneficiaries, and exploring alternative options like selling or donating your items. Peter's suggestions can help you make informed decisions to preserve your family's wealth and help ensure your cherished items are handled according to your wishes.

Something we don’t often talk about with our clients when helping them with their estate plan is collectibles, art, and personal items they own. Sometimes the value of these items is purely sentimental like a cake plate owned by your grandma that was used every holiday, but other times the items h...

03/18/2025

Ladies, this month's videocast is specifically for you. In her debut videocast, Dawn Israel shares essential insights on budgeting, savings, health insurance, and life insurance. Passionate about empowering women to grow and protect their wealth, Dawn explores practical tips and strategies to navigate these crucial financial topics.

Dawn Israel, Director, Wealth Advisor at Hightower Westchester, discusses discusses essential insights on budgeting, savings, health insurance and life insur...

03/13/2025

This month we're diving into a scenario that might sound all too familiar: you start a new job with a modest salary, carefully budgeting to make ends meet. As time goes on, you're earning more money, yet despite the extra income, your savings hasn't increased. This is what we call lifestyle creep. Richard Flahive discusses how this shift can have significant long-term effects on your financial health and offers strategies to prevent and manage lifestyle creep.

Let me start out with what might be a familiar story: you start a new job with a modest salary, budgeting carefully and making ends meet. Over time, you receive promotions, pay raises, and maybe even a bonus or two. But strangely enough, despite the extra income, you’re not saving any more money t...

02/26/2025

Discussing wealth with your children can often feel uncomfortable, but it doesn't have to be. Drawing inspiration from Warren Buffet's recent advice suggesting to have your children read your will before you sign it, Peter Lang offers five practical suggestions to help ease your discomfort.

https://youtu.be/2mW7T6pYa38

02/14/2025

Valentine's Day Fun Fact: Conversation hearts have been around for over 150 years and 8 billion conversation hearts are sold each year in the weeks leading up to Valentine's Day.

Happy Valentine's Day!!