Wealth Management Resources

Wealth Management Education

Jump to: Financial Calculators | Helpful Articles | Blog Posts | Educational Videos | Economic Updates

We Want to Help Educate You!

Nicole Rognes Olson, JD, CFP®

Chief Wealth Management Officer

Jim Anderson, AFIM

SVP, Trust Investment Officer

Michael Castle, CFP®

VP, Wealth Advisor

Roberta Cornelius, CTFA, CSA, ACP

VP, Senior Trust Officer

Financial Calculators

View Calculators

Helpful Articles

All About Trusts

Read This Article

Investments Terms You Should Know

Read This Article

Our Blog Posts

Basic Financial Planning

March 29, 2021

How comfortable are you with your future finances? Do you have a financial plan? It's not just about retirement. It's about budgeting, planning, and investing for your future. When it comes to the financial planning process, we utilize a tool called eMoney to assist clients in developing a financial plan. A plan includes the collaboration of members of the wealth advisory, fiduciary, and investment teams of First Citizens Wealth Management as well as coordination with outside professionals.

Caring for an Aging Parent? You Are Not Alone.

February 22, 2021

For many people, one of the most difficult conversations to have involves talking with an aging parent about declining health. The shifting of roles often creates strong emotions. Family dynamics can also lead to tension when siblings don’t all agree on the best course of action. All too often, critical conversations don’t occur until problems have arisen, and sometimes they never happen at all. Over the years, we’ve helped many families navigate these conversations.

Estate Planning in 2021

January 25, 2021

Last year, we kicked off January by providing education centered around the important topic of estate planning. As we begin 2021 and transition to a new administration in Washington, it is yet again a good time to remind our valued clients of the importance of estate planning. A couple things to consider in 2021: Get organized. Often, families are left gathering statements and searching out information in the wake of an unexpected loss. A new year is a great time to gather your information

A Relationship That Goes Beyond Banking

October 26, 2020

We may have told you a time or two, but here at First Citizens Wealth Management, we’re A Team You Can TRUST. And in this article, we’re going to explore yet another reason why. Did you know we offer retirement planning services on more than just an individual level? We’ve entered a partnership with EPIC Retirement Plan Services (EPIC RPS) to provide you and your business with retirement plan services. First let’s discuss why it’s important to offer a retirement

Have You Thought About Retirement Planning?

September 28, 2020

As we transition from warm summer weather into crisp fall days, it’s a good time to think about the future. Retirement planning is such an important part of your future, and it starts with thinking about your retirement goals. And not just your goals, but how long you have to meet them, how important each one is, and the likelihood that you can make it all happen. There are so many things to think about. What expenses will you have in retirement? What other income will you have? What about

View More Articles

Curious About Weekly Market Summaries?

July 29, 2019

Weekly Market Summaries is a feature in the Resources section under Wealth Management on our website. The summaries contain information on the Dow, S&P 500, NASDAQ, Russell 2000, Global Dow, Federal Funds interest rate, and 10-year Treasury yields as well as highlights of past and future economic data. Want to know what the market summaries are for this week? If so, click here. Products provided by First Citizens Wealth Management are not insured by the FDIC, are not deposits of

What to Bring to an Estate Planning Consultation with our Team

July 1, 2019

Do you have all your ducks in a row with your estate plan? If you answer yes, let me ask you when the last time you reviewed it was? Are you clear on what happens when you die? Yes, I said it…when you die. There are few guarantees in life but one that I can guarantee you is that you will, in fact, die. Having practiced probate law myself, I have seen the negative impact of failing to accept that fact until it is too late. The widow sorting through stacks of documents trying to locate everything

Time for a Mid-Year Investment Check

May 27, 2019

Many investors may be inclined to review their portfolios only when markets hit a rough patch, but careful planning is essential in all economic climates. So whether the markets are up or down, periodically reviewing your portfolio with your financial professional can be an excellent way to keep your investments on track, and midway through the year is a good time for a checkup. Here are three questions to consider. 1. How have my investments performed so far this year? Review a summary of your

Let's Talk About Risk

April 29, 2019

In the last Wealth Management blog post entitled "What Am I Really Paying for My Investments", we discussed various types of fees and expenses associated with investments. At the end of the day, building a solid investment strategy requires understanding not only the cost to do so but also your unique risk and reward preferences. Our team has been incorporating a cutting edge tool to assist demystifying the conversation around risk. How does it work? Simply click here and you will run through

What Am I Really Paying For My Investments?

March 25, 2019

This is a question that all clients of financial advisors should know the answer to, but unfortunately, we suspect few people really have a good handle on. At First Citizens Wealth Management, we feel that one of the most important things we can do is be very transparent about the fees and expenses associated with being a client of our organization. Here is a brief overview of the different types of costs a client may pay when working with a financial advisor: Commissions: This was once the

Famous People Who Failed to Plan Properly

January 28, 2019

It's almost impossible to overstate the importance of taking the time to plan your estate. Nevertheless, it's surprising how many American adults haven't done so. You might think that those who are rich and famous would be way ahead of the curve when it comes to planning their estates properly, considering the resources and lawyers presumably available to them. Yet there are plenty of celebrities and people of note who died with inadequate (or nonexistent) estate plans. Most recently The