Call today for further information866-605-8885
 

Subscribe to LFO' s Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

 

unHeritage – 11 Pitfalls to Family Legacy and How to Avoid Them

unHeritage

“unHeritage is definitely the lighthouse for protecting your family and wealth for generations. This book is a must read for anyone interested in legacy planning.” Enzo Calamo

To learn more, click here

 

Center for Family Conversations

home-1b

The Center for Family Conversations (CFC) is a resource center that provides the integral tools and ideas in helping families establish a 100-year-plus Family Legacy Plan.

To learn more, click here....

 

THE TYCOON PLAYBOOK – How Business Empires Are Built

tumblr_m9i9slrFnP1qj1u29

The Tycoon Playbook course was created for business families who are already running a successful business and wish to ramp up their growth while preserving wealth for future generations. Specifically, the Playbook teaches high performance business owners the two most highly rewarded skills in business, namely deal-making and how to acquire cash flow producing business assets.

To learn more, click here

 

CNN Financial News

Bad news: Stocks likely to fall furtherCorporate earnings for the first quarter are probably going to stink like a giant pile of dirty laun [...]

'Deliberate crash' a huge blow to LufthansaLufthansa has been rocked by news that its Germanwings flight 9525 was brought down deliberately by [...]

It's getting harder to afford a homeA rebound in home prices is good news in the wake of the housing crash -- but there can be too much [...]

Finally! eBay puts more women on its boardScore one for corporate diversity. [...]

Singles pay more for car insuranceSingles may have more fun, but they also pay more than their married friends for car insurance. [...]

Meerkat who? Introducing PeriscopeMove over Meerkat, there's a new player in the livestreaming space. [...]

Walgreens cashiers no longer have to say: 'Be well'Walgreens has dropped the "be well" salutation cashiers have been using to thank customers [...]

An iPhone for people who hate AppleRead full story for latest details. [...]

Charney probe cost American Apparel $10 millionCash-strapped American Apparel spent $10.4 million on the internal investigation it conducted before [...]

Microsoft tells its contractors: You must give workers paid time offRead full story for latest details. [...]

Oil surges after Saudi strikes in YemenRead full story for latest details. [...]

 

CNN Small Business News

This startup could help thwart school bombingsRead full story for latest details. [...]

Meerkat who? Introducing PeriscopePeriscope, acquired by Twitter in January, lets users live broadcast from their mobile devices. [...]

The great tech debate: Are we in a bubble or not?Here's a roundup of where some powerful Silicon Valley investors stand. [...]

Think there's a startup bubble? Bet $100K on it.Y Combinator president Sam Altman says there's no bubble -- that companies like Uber, Dropbox a [...]

9 reasons to be hopeful about women in techThese startups are working to leverage technology to level the playing field for minorities and wome [...]

Wanted: Female entrepreneursStartup hub American Underground is aggressively courting women- and minority-led startups. [...]

Send your texts 25 years into the futureAn app released this month lets you send messages, pictures, videos and voicemails to friends and fa [...]

Biased job ads: This startup has a fixBehind cybersecurity, lack of diversity is the next issue threatening companies. Laura Mather, found [...]

Meerkat stole the show at SXSW. Sorry, Twitter.Read full story for latest details. [...]

Lesbian dating app secures $1 million in fundingRead full story for latest details. [...]

T-Mobile will pay $650 for you to switchThe T-Mobile "uncarrier" strategy continues. This time, promo deals are here forever and s [...]

Kid-friendly Uber alternative gets $9.6 millionShuddle, a ride-sharing startup catering to parents with kids or elderly parents, announced a hefty [...]

 

CNN Money News

It's getting harder to afford a homeHome price appreciation has been outpacing wage growth in the last two years , which means it's [...]

4 reasons to sell your home nowRead full story for latest details. [...]

Most middle-class kids fail to earn bachelor's degreesLots of attention is paid to college graduation rates of lower-income students, but many middle-clas [...]

Take a private jet to your college tour -- for $43,000If you're one of the lucky few for whom college won't break the bank, or even make a dent [...]

Rent vs. buy vs. live with mom and dadRead full story for latest details. [...]

How to get Millennials to save for retirementWith more immediate concerns like launching a career, repaying school loans and establishing credit, [...]

Sailing around the world in retirement: How we did itRead full story for latest details. [...]

Federal workers owe the IRS $3.5 billionRead full story for latest details. [...]

Free ways to file your taxesPreparing and filing your taxes is an annual -- and potentially expensive -- ritual that can be a bu [...]

What $100,000 in student debt feels likeIt's a choke-hold on young people starting their lives -- It means putting off getting married, [...]

5 biggest student loan mistakesRead full story for latest details. [...]

10 best states to retire inForget Florida. Residents of these states are happy, safe, and have good health care -- all for the [...]

 

Fortune Magazine

Will Mmmhops be a hit?Hanson is attempting to chart with a new microbrew. [...]

NBA confirms L.A. Clippers sale to ex-Microsoft CEO Steve BallmerDonald Sterling sues the NBA for damages and demands to be reinstated as owner. [...]

FBI and SEC probe into Carl Icahn and golfer Phil MickelsonAuthorities are looking into the potenial insider trading. [...]

Google launches "right to be forgotten" service in EuropeNow European citizens can request to have search results removed. [...]

Zuckerberg's latest donation reawakens concerns over mixed results in NewarkFacebook founder and his wife donate $120 million to Bay Area schools, claim to have learned from pr [...]

Five crazy things Steve Ballmer has doneIn light of Ballmer placing the highest bid on an NBA team in history on Thursday, here are some of [...]

Four ways Apple could have the "best" product pipeline everFrom the obvious upgrades to the bold and daring. [...]

The all-time most popular stories are...Scoops on movers and shakers, from Marissa Mayer to Mark Zuckerberg to Rupert Murdoch, are the most [...]

Web browsers aren't fun anymoreMozilla updates Firefox, but is it enough to bring old users back? [...]

Valeant injects more cash into bid for Botox-maker AllerganRevised offer worth around $53 billion comes days after drugmaker's last bid. [...]

How to get employees to save for retirementAutomatically enrolling workers into a savings plan and reminding them how much they can lose may ju [...]

Pacing nervously with... Jamin Warren, founder and CEO, Kill ScreenHanging backstage with the videogame arts and culture impresario ahead of his annual two5six confere [...]

 

Reuters Business News

ROME (Reuters) - Bond-buying by the European Central Bank will reinforce the euro zone's econom [...]

WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits fell more than [...]

WASHINGTON (Reuters) - Australia's medicine subsidies, Canadian films and culture, and capital [...]

WASHINGTON (Reuters) - Atlanta Federal Reserve Bank president Dennis Lockhart said on Thursday there [...]

LONDON (Reuters) - Funds that mimic strategies used by active managers for a fraction of the cost co [...]

LONDON (Reuters) - Brent crude surged by as more than 5 percent on Thursday after Saudi Arabia and i [...]

NEW YORK, March 26 (Reuters) - The U.S. services sector expanded in March at its fastest pace since [...]

 

Reuters Economy News

CARACAS (Reuters) - Venezuela confirmed on Tuesday it had entered a recession while inflation remain [...]

WASHINGTON (Reuters) - The Obama administration on Tuesday bowed to months of growing pressure over [...]

NEW YORK (Reuters) - Investors backed away from global equity markets on Tuesday, with light volume [...]

NEW YORK (Reuters) - U.S. stocks fell on Tuesday as investors engaged in profit-taking to pull major [...]

NEW YORK (Reuters) - Crude futures closed up slightly Tuesday, getting some relief from a weak dolla [...]

 

Reuters Business Video

Apple is reportedly developing a subscription-based streaming music service. Its move reflects liste [...]

Oil prices surged in Asia on Thursday adding to gains in the U.S. trade as worries over Saudi Arabia [...]

U.S. stocks dropped on a slump in technology and biotech shares, sending the Nasdaq to its biggest d [...]

 
 

Post Tagged with: "Finance"

 
  • Succession Planning for a Family Business

    Succession Planning for a Family Business

    Succession Planning for a Family Business      

     
  •  
  • Financing your Family Business without Going Broke

    Financing your Family Business without Going Broke

    Financing your Family Business without Going Broke Financing is indispensable for the success and growth of your family business. But after you’ve already tapped out your personal funds, and perhaps those of friends or other family members to get your business up and going, you’re going to have to find a way to keep the lights on without going broke. That means you’re going to have to borrow money or obtain credit from a variety of institutional lenders. Business loans and lines of credit will allow you to cover expenses, buy new equipment, manage cash flow, purchase inventory, create new products or services, or expand your business when the circumstances are right. If your business is new and doesn’t have an established credit history, you may need to provide collateral to secure a loan or credit line. This could be any personal assets that you cannot otherwise monetize or afford to spend on the business, but can be utilized as security. Your best bet would be to approach a local bank or credit union where you have a personal relationship and a history of sound money management. If your business does have a positive credit history for at least a year or two, the commercial bank that issued your business credit card is a good place to go to apply for a line of credit. Make sure that you’ve paid the balance on that card promptly each month, and if necessary, let the bank know that you’ve been shopping around and intend to move any accounts to the lender that can provide credit with the best terms. Most banks will want to keep you as a customer. Regardless of the age or reputation of your family business, or where you go for financing, you’re going to have to prove to every lender that it is a financially solid concern, with the capability of long-term survival. So make sure you have all your paperwork in order, including all financial and tax statements, all profit and loss history, as well as a list of contacts for credit references. You’ll also need to provide a pro forma to each potential lender. This will be a description of how you intend to utilize your loan or line of credit, how it will affect your cash flow, and how you anticipate paying back the money you’re going to borrow. Once you’ve secured funding, make sure you stick religiously to a repayment schedule. As you continue to display credit worthiness, you will be able to increase your credit limit, borrow at more favorable rates, and most important, keep the business going without going broke. Al Krulick is an award-winning journalist with dozens of years of writing experience. He writes and blogs for Debt.org.

     
  •  
  • Building a Dream Team, Part 1

    Building a Dream Team, Part 1 This episode of Finance Talk explores how advisors can align with third-party professionals in order to provide more comprehensive services.

     
  •  
  • Terry Savage: How Much Money Do You Need to Retire?

    Terry Savage: How Much Money Do You Need to Retire? Terry’s financial expertise comes from experience. she started her career as a stockbroker, and became a founding member – and the first woman trader – on the chicago board options exchange. Terry offers advice ranging from investments to withdrawal calculations to long-term care insurance — to make sure your money lasts as long as you do! Columnist and commentator Terry Savage delivers straight talk on: Putting time to work in building a nest egg How credit card debt can work against you The best place to grow your money Where to find free personalized advice Terry Savage is a nationally known expert on personal finance and a regular television commentator on CNN, CNBC, PBS, and NBC on issues related to investing and financial markets. She is the nationally syndicated Chicago Sun-Times personal finance columnist.  

     
  •  
  • Didier Sornette: How we can predict the next financial crisis

    Didier Sornette: How we can predict the next financial crisis The 2007-2008 financial crisis, you might think, was an unpredictable one-time crash. But Didier Sornette and his Financial Crisis Observatory have plotted a set of early warning signs for unstable, growing systems, tracking the moment when any bubble is about to pop. (And he’s seeing it happen again, right now.) Didier Sornette studies whether it is possible to anticipate big changes or predict crises in complex systems. WHY YOU SHOULD LISTEN TO HIM? While financial crashes, recessions, earthquakes and other extreme events appear chaotic, Didier Sornette’s research is focused on finding out whether they are, in fact, predictable. They may happen often as a surprise, he suggests, but they don’t come out of the blue: the most extreme risks (and gains) are what he calls “dragon kings” that almost always result from a visible drift toward a critical instability. In his hypothesis, this instability has measurable technical and/or socio-economical precursors. As he says: “Crises are not external shocks.” An expert on complex systems, Sornette is the chair of entrepreneurial risk at the Swiss Federal Institute of Technology, and director of the Financial Crisis Observatory, a project to test the hypothesis that markets can be predictable, especially during bubbles. He’s the author of Why Stock Markets Crash: Critical Events in Complex Financial Systems. “Didier Sornette has immersed his life in risk.”  Wall Street Journal  

     
  •  
  • The American Family Financial Crisis

    The American Family Financial Crisis Some pretty alarming statistics of the American family’s financial reality. Let’s all change this with one step at a time and make sure that you have a process for making smart financial decisions in your life. It’s time to take charge of our finances and reverse this trend.  

     
  •  
  • My parents won’t listen to my money advice!

    My parents won’t listen to my money advice! Even if your parents don’t trust your judgment, you can still steer them in the right financial direction.  

     
  •  
  • Mike Koenigs Interviews John Assaraf About Brain Performance and Shattering Your Financial Goals

    Mike Koenigs Interviews John Assaraf About Brain Performance and Shattering Your Financial Goals Do you ever feel like there’s an invisible barrier preventing you from reaching your financial goals … … no matter how hard you work, how diligent you are in managing your money, and how much you learn? Well, the world’s top neuroscientists and brain experts say … you’re right! Science has proven that every human being is conditioned to earn only a certain amount of income. Some people are conditioned to earn $30,000 or $50,000. Others are conditioned to earn $250,000 or even $500,000… But the bottom line is … you have a financial “glass ceiling“! Scientists now know that you will NEVER outperform your own internal hidden financial self-image. Your current financial results are nothing more than old neural patterns, beliefs, perceptions and habits that you’ve accumulated over your life. But brainscan studies have PROVEN something really exciting… You can re-wire and strengthen the key areas in your brain that control your conscious thoughts AND subconscious feelings and emotions that influence every financial and business decision you make. This requires applying the right brain-training methodologies and technologies in the right way … so you can to replace limiting beliefs, behaviors, and habits that are currently keeping you stuck.  

     
  •  
  • Cindy David – What Every Canadian Must Know About Life Insurance

     
 
 
 

one

Lugen Family Office is the Most Trusted Online Curator on Wealth Management, Financial Literacy, Family Business, Philanthropy, and the UHNW.

Check out over 22,000 Complimentary Posts from Enzo Calamo

 

Family Office Newswire

Gold Award

The #1 Family Office Newswire That Empowers Family Dynasties. Over 8,500 Complimentary Posts and growing rapidly with relevant topics!

Learn from Billionaires How To Handle Your Family Wealth.

ENZO CALAMO IS A GOLD AWARD CURATOR ON BUSINESS FOR SCOOP.IT!

"You're a giant among curators and your work is world-class awesome. Thanks for being an incredible role model to the curator community!" Scoop.it

Read the latest news

 

UHNW Wealth Newswire

home-bgMain

The #1 UHNW Wealth Newswire For Living Your Dreams. Over 5,400 Complimentary Posts on important topics that show you the Secrets of Accumulating and Preserving Wealth!

ENZO CALAMO IS A SILVER AWARD CURATOR ON FINANCE FOR SCOOP.IT!

Read the latest news

 

Follow Enzo on LinkedIn

LinkedIn-Logo-150x150

Top 1% of LinkedIn Connectors in the World

 

Family Business Newswire

Family-business

The #1 Family Business Newswire That Helps You Move From Success to Significance. Over 3,900 Complimentary Posts On Key Factors To Build A Profitable and Sustainable Business!

Read the latest news

 

Philanthropy Newswire

o-PHILANTHROPY-facebook

The #1 Philanthropist Newswire For Leaving A Legacy From The Heart. Check out the latest trends in philanthropy today with over 1,200 Complimentary posts. Learn what some of the greatest philanthropists in history believe about gratitude and giving!

Read the latest news

 

UHNW Real Estate Newswire

REALTOR_GuideToCommercialRealEstate_2

The #1 UHNW Real Estate Newswire for Luxury Homes and Commercial Real Estate. Check out the latest trends in real estate today with over 3,100 Complimentary posts.

Read the latest news

 

Lugen Family Office Proudly Supports AIP

AIP Logo

The International Association of Advisors in Philanthropy is the leading charitable giving organization in the world for inspiring collaboration among professionals.

Enzo Calamo,
AIP Ambassador, Past President

To learn more about AIP, click here

 

Twitter Widget

 

Celebrity Net Worth

Buffy Sainte-Marie net worth: Buffy Sainte-Marie is a Canadian-American singer-songwriter, musician, [...]

Andrei Konchalovsky net worth: Andrei Konchalovsky is a Russian-American film director, producer, an [...]

Raw Leiba net worth: Raw Leiba is an American actor, stuntman, and model who has a net worth of $300 [...]

Lisa Nichols net worth: Lisa Nichols is an American businesswoman, entrepreneur, motivational speake [...]

Kelly Clark net worth: Kelly Clark is an American snowboarder who has a net worth of $500 thousand. [...]

Deelishis net worth: Deelishis is an American model and reality television personality who has a net [...]

Russ Parr net worth: Russ Parr is an American radio and television personality who has a net worth o [...]

Joe Vitale net worth: Joe Vitale is an American professional ice hockey player who has a net worth o [...]

Warren Buffett is the 25th richest human being who has ever lived. How'd he do it? Turns out he [...]

Candace Smith net worth: Candace Smith is an American attorney, actress, model, and beauty queen who [...]

 

Reuters Wealth News

WASHINGTON (Reuters) - The U.S. consumer financial watchdog on Thursday outlined its plans for crack [...]

DUBAI (Reuters) - Borse Dubai [BRSDB.UL] ruled out any sale of its shares in Nasdaq OMX Group on Thu [...]

NEW YORK (Reuters) - The advantage of higher yields in the United States has not prompted foreign bu [...]

BEIJING (Reuters) - UBS AG, the world's biggest wealth manager, expects Asia Pacific assets to [...]

NEW YORK (Reuters) - Former hedge fund manager Doug Whitman, the first defendant in a broad U.S. ins [...]

NEW YORK (Reuters) - E*Trade Financial Corp paid its president, Navtej Nandra, $4.75 million in cash [...]

NEW YORK (Reuters) - U.S. money market fund assets rose $32.27 billion to $2.721 trillion in the wee [...]

NEW YORK (Reuters) - Investors in U.S.-based mutual funds committed just $448 million to bond funds [...]

LONDON (Reuters) - Borse Dubai [BRSDB.UL], the biggest investor in the London Stock Exchange is sell [...]

(Reuters) - Wells Fargo & Co, the fourth-largest U.S. bank by assets, said it will cut 1,000 job [...]

 

MarketWatch Personal Finance

Suntory president shares his thoughts on Suntory’s future and the state of the spirits industry. [...]

Borse Dubai sells its holdings in the London Stock Exchange Group. [...]

You can still comfortably take a seat on the European equity train, and let the European Central Ban [...]

Stocks of oil refiners are hot, cheap and have greatly outperformed in the long run, writes Phil van [...]

Here are six portfolio stress-tests to run now, before a Minsky Moment arrives or Mr. Market becomes [...]

Experienced money managers know that not if, but when, a market correction occurs, they must have a [...]

Nearly one in five consumer credit reports contains at least one collections notice from a health-ca [...]

The 2015 Amelia Island Concours d’Elegance is over, but before any of the cars took to the show fiel [...]

 
 
 
Translate »