Washington County Public Schools Maryland’s Post

🚨Empowering Our Youth form the Perspective of a NYPD Detective🚨 As a detective with the NYPD, my journey has taken a compelling turn through my involvement in Options, a meaningful initiative dedicated to empowering the youth of New York City, particularly in areas like Brooklyn. Working directly with high school and junior high students has been both eye-opening and rewarding, providing me with valuable insights into their unique challenges and aspirations. 📌Why It Matters My role extends beyond law enforcement; it intertwines with my work in real estate, motivating me to bridge the gap in financial education for these students. Having witnessed the realities that children in the vibrant neighborhoods of Brooklyn face, I am inspired to impart practical life skills, emphasizing emotional intelligence and financial literacy. 📚The Impact of Financial Literacy In the heart of New York City, where dreams are born and ambitions thrive, preparing our youth for success goes beyond academic knowledge. It's about fostering resilience, financial acumen, and the ability to make informed decisions. My team and I conduct interactive sessions in schools, not only sharing insights into financial management and personal growth but also drawing from my experiences in the diverse landscapes of Brooklyn to make the lessons relatable. 📓Beyond the Classroom: A Personal Reflection Understanding the pulse of these communities, I recognize the significance of democratizing financial knowledge. My mission is to ensure that every student, regardless of their starting point, can build a future on solid ground. Beyond the classroom, I reflect on my experiences working with children in various neighborhoods, reinforcing my belief that education is the key to breaking down barriers and opening doors to opportunities. This role has given me a unique perspective on my career, aligning my work as an NYPD detective with my passion for real estate and financial education. It echoes a sentiment I've encountered during my journey—a phrase by a renowned figure. As Eleanor Roosevelt once emphasized, "The future belongs to those who believe in the beauty of their dreams." 🤝🏾A Call to Connect As I invite others to connect and collaborate in this mission, let's remember the wisdom shared by influential leaders throughout history, emphasizing the transformative power of hard work and passion in shaping a brighter future for the youth. "Choose a job you love and you will never have to work a day in your life," echoes the sentiment of Eleanor Roosevelt, and it resonates deeply as we strive to make a lasting impact on the lives of the children we serve. #nypd #communityengagement #nyc #brooklyn

⏱ Stop 3 ⏱: ⏱Now that I have started, how do I keep up the momentum?⏱ (Internal voice to oneself: “Let’s Go!!”) Students making financial decisions around college in 2024 will need to have an internal #stopwatch to make sure they are keeping pace in their enrollment plans and being able to sustain funding. Below are the settings a student NEEDS to have on their #CollegeFinancialPlanning #Stopwatch - * How do I keep a record of my financial activity? * How often do I check-in on my plan? * Daily * Weekly * Monthly * Yearly ⏱ ⏱ ⏱ ⏱ ⏱ ⏱ ⏱ ⏱ ⏱ ⏱ ⏱ ⏱ ⏱ ⏱ ⏱ ⏱ ⏱ As always, I am here to be your resource or support in financial education and literacy as you approach your post-secondary goal, commitment and or passion. ⏱ ⏱ ⏱ ⏱ ⏱ ⏱ ⏱ ⏱ ⏱ ⏱ ⏱ ⏱ ⏱ ⏱ ⏱ ⏱ ⏱ #FinancialAid #FinancialLiteracy #Monitoring #Reviewing #DebtFree #HigherEd #Education #CollegeFinancialPlanning #StudentFinancePro

Investors are not asking for "direct indexing." Advisors are selling it. Yes, people want personalization. But personalization comes from a better process, not just better investment products. Until advisors broadly fix their process, the technical capabilities of DI aren't actually delivering personalization as an experience. The process is broken because advisors still put the product story in front of the person's story. We sell instead of asking questions. We put up slides. We explain the benefits of our great alts, ETF portfolios, and now, direct indexing. Pitching direct indexing as product and then showing clients a lists of choices to screen the Russell 3000 is not personalization. But what if we first asked deeper questions and listened to the answers. Then DI can help deliver on choice, within a broader personalized experience. Really enjoyed chatting with Brent Sullivan of The Tax Alpha Insider about the DI landscape, and how Seeds is helping advisors deliver investing as an experience.

💰Those working in Financial Services are often perceived as the experts in anything and everything related to money.💰 This perception can lead to an unrealistic expectation that everyone in this industry should have their own financial lives in top-notch order. That's not always the case and can lead to significant challenges both in and out of work due to levels of stress, shame, and stigma. But what if it didn't have to be that way? If employees were able to prioritise their personal finances and take the time and space to look after it? 💪 Doing just that is the wonderful Wesleyan team! 🌟 Lisa Perkins, Jess Jarvis and the team are continuing to ensure that their employees get the support and guidance they need through Bippit®, and the results speak for themselves ⬇️ After all, how can we truly excel in our roles if we neglect our own financial health?

I am preternaturally awful at self-promotion and about as bad at celebrating anything, so it’s difficult for me to highlight anything about myself, but last week marked my first year at Wells Fargo. It went so fast (especially once our grant cycle opened in February and just closed on Monday) There are dozens of folks who are responsible for helping me out, but the Fin Health Healers team of Bonnie Wallace, Ben-James (BJ) Brown, Lisa Price, Teresa Tyson, Stacie Bendixen and Stacia-Ann Chambers deserve all the credit...or blame. What a whirlwind year it’s been—lots of conferences and events, and even more grant management. There’s a lot of work out there in Financial Health, and I’m excited to be supporting some of the groups at the lead of these efforts. I doubt I can list and tag them all – but working on ABLE Accounts, Veterans’ Benefit Banking Programs, Barriers to Investment, Narratives on Poverty and Class, Basic Income Pilots, and FSS Programs have provided me great avenues to actually impacting the financial health of some of our most vulnerable. That’s not to say I’m not ignoring my other love, data. I’m even teaching my seven-year-old how to code so he can be my code monkey—though I quickly realized I should have probably taught him how to type first. Anyway, I’ve been neck deep in the Federal Reserve’s Distribution Financial Accounts to get a sense of wealth distribution, and its a data source I'm surprised hasn't been leveraged more. See a quick snapshot below of the type of stuff I'm digging up (numbers in $1MM, so total HH net worth is 146 trillion). Looking forward to working with all of you more soon!

Self-made millionaires are not ready to hand over their businesses to their kids, according to our 2023 survey of U.S. adults aged 50 or over who have at least $1 million in investable assets. “As we work with clients, they tell us that reasons vary from a lack of confidence that their children will keep the company on solid footing, to believing large inheritances can be a disincentive to earning one’s own financial success,” said Michael Liersch, head of Advice & Planning for Wells Fargo. “More parents are recognizing their children simply are not interested in joining the family business and are not pressuring them to do so. Knowing what your children are interested in and where their strengths lie can be key to effective succession planning.” Find more study results here: https://lnkd.in/ghc924bw

Are Gen Zers equipped to navigate their finances and create a secure financial future? Felicia Urban, a recent graduate from The University of Texas at Arlington, explores this question in her latest blog post. Felicia attended a National Millennial and Gen Z Community trip to Milwaukee, where she learned about Northwestern Mutual's "Money Talk" study. The study emphasizes the importance of parents discussing money matters with their children by age 15. Check out Felicia's blog to see how Gen Z's view on money is transforming the financial space. And, if you're hiring, consider Felicia. She is one of the smartest graduates I have met! #financialplanning #moneymatters #NMGZCommunity

😬‼️ Wells Fargo Private Bank found out of 1,000 Gen Z and Millennial children of millionaires, most say they do not know their parents’ advisor, and only 3% say they meet with the advisor regularly. Yet, 9 out of 10 of these up-and-coming clients report having regular meetings with an advisor would be valuable. These are huge gaps between the service clients and their heirs expect from their advisors and the services they actually receive. Given the lack of preparedness for the transfer of wealth and deficiency of relationships with next-generation clients, it is not surprising that for advisors, statistics surrounding the retention rate of assets in motion are abysmal. As our industry approaches the precipice of imminent wealth transfer, there is a pressing need to develop a comprehensive strategy for engaging and working with the next generation. What are you doing to engage tomorrow's top clients? Download, “Trend #3: Advisors Are Unprepared for the $80 Trillion Transfer of Wealth” from our series, “Advisor Evolution or Extinction: 4 Major Post Pandemic Trends.” Click here to download: https://hubs.la/Q01_bstv0 Source: “Children of Millionaires Want to Inherit Parent’s Values More than Their Wealth, Wells Fargo Study Finds”. Business Wire, 09 Jan 2019. #millennialmillionaires #clientservice #4trends #eVestech #financialadvisors #consumerreports #clientsurvey

WSR Pathfinder Awards - Top Hispanic Industry Leaders of 2023 winner in the category of Hispanic Financial Advisor of the Year, Gil Valadez, of Prudential Financial, tells us about the financial needs of Hispanic families, the need for role models and his passion for financial education. READ MORE: https://lnkd.in/gGkh5wWq #WealthSolutionsReport #WSRPathfinders #FinancialAdvisors #WealthManagement

👨👩👧👦 𝐁𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐖𝐞𝐚𝐥𝐭𝐡 𝐀𝐜𝐫𝐨𝐬𝐬 𝐆𝐞𝐧𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬 - 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐟𝐫𝐨𝐦 𝐖𝐞𝐥𝐥𝐬 𝐅𝐚𝐫𝐠𝐨'𝐬 𝐋𝐚𝐭𝐞𝐬𝐭 𝐒𝐭𝐮𝐝𝐲 👨👩👧👦 Navigating the path to financial security is a family affair, and it's never too early to involve the younger generation. Dive into a fascinating section of the Wells Fargo Wealth Builders Research Study Lookbook, which focuses on how wealth-building strategies can impact children and their future financial well-being. 📘💡 🔗https://lnkd.in/e2Re7q3P You'll discover: ⦿ The importance of financial education for children ⦿ Strategies families are using to build wealth and secure their children's future ⦿ How early involvement in financial planning can set children up for success At Curley Wealth Management, we understand the significance of family in financial your financial world. Explore the insights in this lookbook, and let's collaborate to create a holistic wealth-building strategy that benefits your entire family. Empower the next generation with the gift of financial literacy and security! #GenerationalWealth #FamilyFinance #CurleyWealthManagement #FinancialEducation