Top Nine Most Overlooked Tax Deductions and Credits
With taxes due next month, you may already be well on your way to completing your 2019 tax returns....Read More
We know you have choices when it comes to choosing a financial planner. While we hope to embark on this journey with you, our priority is for you to find the financial planner who will be the best fit for your financial situation.
Discover what makes Morris Financial Concepts different from other financial advisors in the Charleston area. When you’re ready to learn more, give us a call to set up your complimentary 1-hour discovery session.
Since 1983, Morris Financial Concepts has operated as an independent financial planning firm located in the Charleston area. Today, we hold true to our standards of excellence set forth by Kyra Hollowell Morris. Her inclusive approach to financial planning which involves academically-proven strategies has provided the foundation for the firm’s direction for over 30 years. Learn more about our strategic planning and investment process.
As fiduciary financial planners, we are loyal to you. Bound by our own steadfast morals and professional code of ethics we will recommend or provide only the financial services you need. Our fee-only structure allows for us to remain objective. Our mission is to provide you with peace of mind and confidence. Find out more about Morris Financial Concepts’ service plan and fees.
We are passionate learners on a constant mission to expand our knowledge so we can be a valuable resource on your financial journey. The team at Morris Financial Concepts is dedicated to continued education. Learn more about our team’s certifications and commitment to service.
Our wealth management process takes a look at your whole picture, identifying and targeting your financial goals, then crafting a personalized road map for success.
The first step in the process is getting to know you.
Financial Planning is unique to your circumstances and dreams. In order for us to help you, we need to understand your personal priorities, family circumstances, and financial aspirations. We aim to build lasting relationships which will continually guide the recommendations we provide regarding your wealth.
Though everyone’s journey is different, over the course of a year you can expect our meetings to flow as follows:
Once we decide to work together we will continue the discovery process to outline your entire financial snapshot. We will look at everything from your current personal priorities and financial resources to your future desires and financial aspirations. We want to know where you desire to go and what resources you may already have in place.
Financial Independence is having the financial security to choose whether to continue working because you want to, retire on your terms, turn your hobby into a side business, or scale back. We use intentional financial planning techniques and analysis, paired with our academic investment strategy to develop a plan to give you the peace in knowing you are well on track to financial independence or already there.
We will outline and prioritize your desires for your legacy. We help you identify what sort of goodwill you want pass down, such as gifting education or supporting philanthropic organizations. We will also help you plan for unforeseen, as well as inevitable, catastrophic events. We will make sure you and your loved ones are protected and your future goals are on track.
With taxes due next month, you may already be well on your way to completing your 2019 tax returns....Read More
Last week we went over the basics of the SECURE Act’s provisions, who it will affect, and what the...Read More
People like to think they behave rationally at all times, but the truth is, we all allow emotions to...Read More
A recently passed spending bill could have a big impact on your retirement plans. On December 20th, 2019 the...Read More
It’s the new year and you’ve decided you’re going on a vacation to Europe — you’re going to have...Read More
Think about what matters most to you. What are you passionate about and what do you want to continue...Read More
With the holidays already upon us and more coming up soon, you may be feeling the financial strain of...Read More
There comes a time in everyone’s life when they begin considering the kind of legacy they want to leave...Read More
Death and taxes can be fairly grim topics, however, as the saying goes, “In this world, nothing is certain...Read More
Depending on how involved you are in finance, both personally and otherwise, “asset allocation” and “diversification” are likely two...Read More
No matter your age or financial status, knowing your options when it comes to personal money management, wealth management,...Read More
Retiring at the age of 35. Sounds crazy, right? For proponents of the FIRE movement, that number is not...Read More
At the time of this writing, there are only ten states that require employers to offer a retirement plan...Read More
With 1 in 5 Americans having no retirement savings at all and 1 in 3 having less than $5000,...Read More
Being “financially well” means that you are able to manage day-to-day expenses, save for long-term goals, and feel financially...Read More
If you have done any investigating in the realm of services offered by top-tier financial advisors, then you are...Read More
We normally don’t think of our savings account as a war chest, but as you approach retirement it might...Read More
With tuition prices continuously on the rise, saving for your children’s or grandchildren’s education can seem like an insurmountable...Read More
There comes a time for many of us when we choose to focus less on our work and more...Read More
Determining exactly how much money you will need in your retirement years is no simple feat. No one wants...Read More
A common topic of conversation amongst middle-aged Americans or those approaching retirement age is the topic of income during...Read More
With the Tax Cuts and Job Act brought into action just last year, businesses and citizens everywhere are still...Read More
Qualified charitable distributions (QCD) are distributions from an Individual Retirement Account (IRA) owned by an individual who is age...Read More
The role of a financial advisor is to help you strategically manage your wealth over a period of time....Read More
As the end of January rolls around, the reality of your New Year’s resolutions are likely kicking in. While...Read More
As parents, we only want the best for our children. We tend to serve not only as their chauffeurs...Read More
The weight of retirement can often be overwhelming. Beyond the financial aspects of retiring, the physicians we have spoken...Read More
Meet Savannah Cooper, our Associate Financial Advisor at Morris Financial Concepts. Name: Savannah Cooper Job Title: Associate Financial Advisor...Read More
What is going on in the markets? The 3rd quarter of 2018 ended as the best quarter on the...Read More
You Won the Lottery! Now what? Private islands. A fleet of yachts. Dream cars. The recent $1.5 billion Mega...Read More
Historically, parents have moved investments under their children’s names to reduce the taxes on investment income, up to a...Read More
As the days start to get shorter and the weather threatens to cool off, we creep closer and closer...Read More
As part of the second phase of our rebranding efforts, we are excited to announce the launch of Morris...Read More
Growing interest in the impact of fossil fuels on the global climate may spark questions about whether individuals can...Read More
Taxes matter. Whether or not we agree the Tax Cuts and Jobs Act passed on December 22, 2017 is good for...Read More
Snap! Thus ended the S&P 500’s longest streak in history without a pullback of at least 3 percent. The...Read More
No longer limited to college funding, 529 tuition plans can now be applied for private elementary and secondary education....Read More
We are excited to unveil Morris Financial Concepts’ updated brand identity. After careful consideration, we have developed a company...Read More
As we recently discussed, not all 529 tuition planning options are the same. Another aspect of 529 plans are...Read More
Meet Will, the other half of the Summer Intern Duo! Will works with our other great MFC duo, the...Read More
Meet Nick, one half of our 2018 Summer Intern Duo! Nick has already proven to be a worthy (and...Read More
After last month’s post on password security, we received great questions regarding identity security concerns. Since there is a...Read More
After what seemed like an unseasonably cool spring, many of us are longing for the familiar Charleston heat and...Read More
Does your password pass the test? Now, more than ever, cybersecurity is essential as more and more of our...Read More
Of quartz she rocks! Meet Alisson Grove, the newest member of the MFC team. Alisson recently graduated from East Carolina...Read More
Meet Jessie, our Marketing & Business Development Administrator. Jessie came to our team during the big move and hit...Read More
Do you have everything you need for this tax season? Don’t fret! Our Charleston financial advisors created this handy...Read More
“The stock market didn’t get tested – you did,” the title of an article I read this morning I...Read More
Transportation in the Charleston area is an issue that needs to be dealt with by the community as a...Read More
By Kyra Morris, contributing editor | History was made June 23 of this year when the United Kingdom (UK)...Read More
By Kyra Morris, Certified Financial Planner Charleston, SC and contributing editor | The Charleston area is our home. This...Read More
History is made! May we live in interesting times – for sure! The citizens of Great Britain surprised the financial...Read More
In May of 2015, Volvo chose South Carolina to build its first plant in North America. Volvo will build...Read More
By Kyra Morris, contributing editor | This is an election year, and often we hear that election years are...Read More
By Kyra Morris, contributing editor | “Coming Together” is the theme of Charleston’s newly-elected mayor, John Tecklenburg. Charleston does...Read More
“Be always at war with your vices, at peace with your neighbors, and let each New Year find you...Read More
By Kyra Morris, contributing editor | As our bellies are now full from a wonderful Thanksgiving meal, it’s now...Read More
By Kyra Morris, contributing editor 9/28/2015 | As USA Today put it, “It almost sounds like something from a...Read More
Written by contributing editor, Kyra Morris. August 31st | Ten days ago on Augst 21, the DOW fell more...Read More
Written by contributing editor, Kyra Morris. July 27th | Our world is a global world. Our markets are global...Read More
Written by contributing editor, Kyra Morris. July 13th | My husband and I traveled all over Australia last month....Read More
Written by contributing editor, Kyra Morris. 06/01/2015 | The nature of Charleston’s hidden jewel qualities is like a cell...Read More
The 30,000 participants and thousands of spectators celebrated the 37th Cooper River Bridge Run on March 28. Charleston’s local...Read More
CFP® certification is a voluntary certification granted in the United States by Certified Financial Planner Board of Standards, Inc. It is recognized in the United States and a number of other countries for its (1) high standard of professional education; (2) stringent code of conduct and standards of practice; and (3) ethical requirements that govern professional engagements with clients. Individuals who become certified are required to complete continuing education.