Insights & Commentary

4 Questions to Consider Before Financially Bailing Out Your Adult Children

According to a recent study by TD Ameritrade, 25% of baby boomers are supporting their family members financially (1). Support to adult children averages out to $10,000 per year. That’s $10,000 that boomers aren’t saving, contributing to retirement accounts, or investing. Can your retirement afford that kind of generosity? If you fall short of your […]

read more

Scannell Wealth Management is registered with HighTower Securities, LLC, member FINRA and SIPC, and with HighTower Advisors, LLC, a registered investment advisor with the SEC. Securities are offered through HighTower Securities, LLC; advisory services are offered through HighTower Advisors, LLC.

This is not an offer to buy or sell securities. No investment process is free of risk, and there is no guarantee that the investment process or the investment opportunities referenced herein will be profitable. Past performance is not indicative of current or future performance and is not a guarantee. The investment opportunities referenced herein may not be suitable for all investors.

All data and information reference herein are from sources believed to be reliable. Any opinions, news, research, analyses, prices, or other information contained in this research is provided as general market commentary, it does not constitute investment advice. The team and HighTower shall not in any way be liable for claims, and make no expressed or implied representations or warranties as to the accuracy or completeness of the data and other information, or for statements or errors contained in or omissions from the obtained data and information referenced herein. The data and information are provided as of the date referenced. Such data and information are subject to change without notice.

This document was created for informational purposes only; the opinions expressed are solely those of the team and do not represent those of HighTower Advisors, LLC, or any of its affiliates.


Sign up to receive updates when new posts are published

about the authors

Tim Scannell  

Managing Director and Partner with Scannell Wealth Management at HighTower, shares his thoughts on topics such as entrepreneurship, small business ownership, preparing for retirement and generational wealth transfer planning. Located in Valparaiso, IN, Tim Scannell is family oriented with a passion for preparing the next generation to inherit wealth without burden or conflict.

Wes Barnes  

is a Certified Financial Planner (CFP®) Certificant at Scannell Wealth Management. He is also a member of the U.S. Marine Corps Reserves with a passion for fiduciary wealth management. Through The Market Recruit, Wes shares his advice and thoughts on the investing and financial planning for newlyweds, millennials and entrepreneurs.