At Alerus, our investment philosophy and process are to take a long-term view and to prudently manage risk through asset allocation. This philosophy extends to periods of global economic change. Stay ahead of the curve with expert financial advice from Alerus on the market implications of the Russian invasion of Ukraine.
After a sustained run of historically low interest rates, most financial professionals and realtors expect mortgage rates to begin climbing upward in 2022. This is due to several factors, primarily the strong economy and recent inflation.
Saving and investing for retirement is an absolute must for most Americans, and investing in your future through 401(k)s, IRAs, and other retirement-specific investment vehicles should be a top priority in distribution planning.
As a mortgage is paid down, the difference between what the home is worth and what is still owed — the equity — grows. This equity increases further if the value of the home continues to increase. Equity is considered an asset of the homeowner and is often the largest asset they hold.
There is one crucial milestone that stands between finding the perfect home and getting it before someone else does — a successful offer. In a competitive market sellers have choices and are less inclined to review all offers. Buyers must be prepared to act fast and be savvy with their offers. Standing out from the…
The state of public health and the economy over the past year and a half led large numbers of people to turn to charities for help. These same forces created both challenges and opportunities for business owners and high net worth families, many of whom have reevaluated what they want their legacy to be. Maximize…
The information contained herein is general in nature, is provided for educational purposes only, and should not be construed as legal or tax advice. Alerus does not provide legal or tax advice. The information should not be relied upon as investment advice or solicitation. Statements of fact are considered reliable but no representation or warranty is made as to their completeness or accuracy. Always consult your legal or tax advisor, to determine how this information may apply to your own situation.
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