The 2017 Tax Cuts and Jobs Act has been finalized and 2018 marks the first filing season that they will be fully applicable. Here’s a quick overview of how the changes impact you as you file your taxes this year.

Individuals at various life stages view the pursuit of wealth differently. Millennials, not entirely seeking peace of mind right now, see wealth as a gateway to happiness. Contentment can wait until later.

Millennials are the largest working generation in the U.S. and represent the most emerging talent leaders in every industry, but attracting and retaining millennial employees may mean your business needs to adapt.

Boston Private has released an exclusive report on the emotional factors that underlie our relationship with wealth: why we pursue wealth, how wealth makes us feel, the ‘costs’ of wealth, among others.

To get a true picture of your personal financial well-being, why not view it as a business does? Use a cash flow statement and balance sheet to find the overall net worth of “Me, Inc.”

An infographic highlighting tax exempt and business provisions in tax reform.

An infographic that highlights the Individual and Business Tax restructuring.

Most people assume the components of a financial plan include their brokerage, retirement and bank accounts, but a financial plan is much more than that. A financial plan takes into account your assets, your liabilities and any other circumstances that will impact your wealth. A financial plan focuses on your goals – both short and long-term – and what you need to achieve them. At Boston Private, we provide a comprehensive analysis and develop a plan customized for your individual situation.

Many investors tend to overlook – or are unaware of – how the placement of assets in accounts can impact returns over time. Determining your appropriate asset allocation is the most critical step in designing your investment plan. Once that is determined, it is important to locate assets in a way that can minimize taxes and provide for appropriate cash flow throughout your retirement and distribution to heirs.

Structuring your investment portfolio in terms of achieving your financial goals will help you to tune out the noise of market fluctuations. View risk as the probability of permanent loss between now and the date of the goal that your money is working towards. There will be volatility in your investments, but understanding that those fluctuations are not going to derail your future provides a less stressful investing experience.