Rick Henderson brings over 30 years of combined tax and financial planning experience to his clients, their families and their businesses. Beginning with his very first job as a neighborhood paperboy, Rick has learned the importance of well-planned finances and the independence, security and peace of mind that brings.
After graduating from Furman University, Rick began his career with a prominent worldwide accounting firm where he earned his CPA, and then continued his career as a tax CPA with a leading Georgia – based firm. While at the second firm, Rick began working closely with the types of clients – business owners, professionals, and executives – that now make up the majority of his clientele. During this time, Rick realized how often he helped clients resolve situations where proactive tax planning would have yielded clients better results. Seeing first-hand how much greater impact a proactive, planning approach could have on his clients’ lives planted the seeds for his career as a financial advisor.
Seeking to bring his experience and skills to help individuals and families achieve their financial goals, in 1991 Rick joined an Atlanta-based financial planning firm. In 1999, to better serve his clients, Rick founded his own firm, Cornerstone Wealth Management, where he continued to grow his practice. In 2012, believing that he would be able to bring more resources to his clients as well as a higher level of service, he became partners with Julie Andrews and Cathy Miller by merging his firm with Atlanta Financial.
Rick is a Partner/Principal and Wealth Manager at the firm. He works closely with his clients helping them plan for and transition into a successful retirement, build and protect their wealth, reduce taxes, send kids or grandkids to college, plan for their heirs, and support the charities and causes that they care about.
He is a CPA, a CERTIFIED FINANCIAL PLANNER™ Professional and holds the Accredited Investment Fiduciary® designation. In addition, he has been recognized as a multi-year Five Star™ Professional Wealth Manager* as featured in Atlanta Magazine and the Wall Street Journal. Rick is also a member of the Atlanta Chapter of Exit Planning Exchange.
Rick and his wife Linda have been married for 31 years and are longtime Atlanta residents. They have two daughters who are finishing their schooling and starting their careers in 2020. In their free time, Rick and Linda love to travel, exercise, play golf and spend time with family and friends.
*Based on 10 objective eligibility and evaluation criteria, including a minimum of 5 years as an active credentialed financial professional, favorable regulatory and complaint history, accepts new clients, client retention rates, client assets administered, education, and professional designations. In 2019, 3,197 Atlanta wealth managers were considered for the award; 285 (9 percent of candidates) were named 2019 Five Star Wealth Managers. These awards are not indicative of the wealth manager’s future performance. Your experiences may vary. For more information, please visit. www.fivestarprofessional.com.
Most likely, we know someone who has been a victim of identity theft. In 2019, 14.4 million people were victims of identity theft.1 Identity theft can happen in a number of ways – in-person, online, over email or on the phone. It usually comes out of the blue, and no matter how it occurs, identity theft affects a large number of people per year.
When we spend money on ourselves and the people we care about, we’re likely doing more than simply buying things. On a deeper level, our ultimate goal is to create feelings of happiness, satisfaction and well-being. 1
But are we actually spending our money in the best ways to achieve those results? Many of us spend in ways that do little to help us get what we truly want. Researchers say that there is a relationship between how we spend money and happiness, so the good news is that we have the opportunity to shift our spending patterns to help increase our happiness and help us create more meaningful lives. So, where do we begin?
Athletes are often treated like superheroes. For good reason, too – they undergo rigorous training, develop astounding mental strength and achieve what we call mental and physical peak performance. Studies even show that student-athletes are more likely to have better academic and behavioral performance.1
Today, though, we aren’t talking about physical fitness. We’re talking about financial fitness — the mindset with which you approach your finances actually isn’t so different from an athlete’s approach to their sport.
Successful entrepreneurs spend much of their lives building valuable companies, and ultimately, many of them end up selling those businesses. It is very common for the business to be the most valuable asset a business owner has. When selling the business, it is likely that the company will attract a higher valuation if the business owner has made the business ready for sale and is also prepared for the sales process. However, if business owners make big mistakes when selling, or their business is not ready for sale, they risk not receiving the amount of money for their business that they probably deserve, given their efforts over years and decades. If you are a business owner, we know which outcome you probably prefer, and with that in mind, here are four types of mistakes that can lower the value of your business or possibly derail a sale— along with advice on how to avoid them.1
As millions around the globe continue to work remotely, it’s important to remain vigilant when it comes to staying safe online. Here are eight cybersecurity tips that you can start utilizing today.
Has it been a while since you reviewed the strategies that you put in place for your wealth plan? Has your financial situation materially changed since then? Have your plans been updated to reflect the realities of the new tax laws? Based on your answers to these questions, you may benefit from stress testing the strategies you currently have in place.