Katelyn Goes to Albany (Part 1/2)

Does fossil fuel divestment work? How do the investments perform? Legally, can we even do it? These are the big questions that the state Senate will be discussing today in a hearing on fossil fuel divestment in Albany. Colleges, universities, municipalities, not for profits and individuals have been asking these questions more and more as

Earth Week 2019

As we wrap up Earth Week here at Hansen’s, we wanted to share some thoughts with you on how investing and environmental sustainability are so inextricably linked. Our global financial systems have historically been at odds with the environment. Dividends and growth were tied to companies that cut down thousands of acres of trees; drilled

Special Blog Post – Women In Finance

In light of Women’s History Month, I am highlighting the experience of our own Sue Hansen. Sue started her career as a financial advisor in the 1980s, when female financial advisors were exceptionally rare. Even now, only 17% of financial advisors are women, according to a study conducted in 2018. We have much to learn

Magic On A Budget

As the holiday season is upon us, it brings with it the opportunity to give our loved ones gifts. For many of us this presents a challenge. While we might like to be able to spend money freely, that is often not an option. We might feel pressured into spending more than we’re able to,

Music, Muscles & Markets

Music, muscles and markets are connected to our human capacity for appreciation, coordination and involvement while becoming part of a larger whole for our own benefit and for the betterment of others! Scientific studies show that each body cell emits sound and light which enables communications with other cells. The intensity of these communications is

Disability Insurance

Alright, everyone! It is April, and I am still plugging away at my New Year’s Resolution! Maybe I’ll be done before I have to set a new one for 2019

Rolling Over Retirement Accounts

Rolling Over While I do not typically find that I fit the stereotype of the Millennial generation, there is one aspect of it that I identify with. Before I settled into my career as a financial advisor I worked for a few different employers. Each of those companies were great places to work, and I

Divest From Guns

As we try to process the latest mass shooting in our country, with 17 high school students gunned down while attending school, many of us are asking what we can do to take action. I have found myself frustrated with the options available to me. I do the things that I do every time; posting

Savings Resolutions

With 2018 quickly approaching, this a fantastic time to get your financial house in order. There are a number of things you could do, but a great place to start is at the beginning. The basis for a financial plan is a budget. By creating a budget, you can implement a plan to generate a

Companies Doing Good: TJ MAXX, HOMEGOODS, MARSHALLS

Have you seen TJ Maxx, HomeGoods and Marshalls in the news today? These companies, which fall under TJX Companies (TJX), are continuing to pay their employees in Puerto Rico, even if the stores are closed or if the employees cannot work! It has been seven weeks since Hurricane Maria wreaked devastation on Puerto Rico, with reports that

Mental Health Benefits of Going Green

If you think being environmentally conscientious makes you feel good—turns out that mental health professionals agree with you. In Katie O’reilly’s article for Sierra Club, “Mental Health Benefits of Going Green,” she asks some psychology experts to explain why and here are some insights: You get a greater sense of meaning and purpose when you

Derivation of a Derivative

Derivatives are headline financial news in times of market volatility and can seem very complicated. It may feel like this type of investment is in the air somewhere floating around in the markets. Stocks prices are reported and traded on an exchange and can be seen by all. Derivatives are traded over the counter or

Lifetime Gifts: Protecting Yourself is A Present To You AND Loved Ones

During this season of giving, you may want to think about providing comfort, safety, security or well-being for yourself or your loved ones. If you are concerned about your healthcare or a long term illness, exploring insurance that ameliorates this worry may be a wise action. None of us like to think about catastrophes or

Norway Divests from Coal Polluting Investment

Norway has the world’s biggest state pension fund— $900 billion. More than $500 million of this is now divested from Duke Energy and three subsidiaries, over the utility’s history of irresponsible waste-handling from its coal-fired power plants. Duke responded to the Norway fund manager Norges Bank’s decision, citing its planned efforts to seal or remove

Work-Tirement, Retirement, Reinvention? You choose!

The mind set we have about the word “retirement” is meaningful. What does it mean to you? When you hear the word “retirement” what emotional reaction do you have?  Some synonyms for retirement are departure, leaving, withdrawal, giving up work, or stepping down. To some people, it may mean aging, uselessness, or the end of life. 

It’s Important to “Refresh” Your Power of Attorney

  A Power of Attorney document is a legal form that enables an individual (called “the principal”) –in this case,  YOU– to appoint someone you choose (called “the agent”) to act on your behalf. The legal instrument can give authorization to act in property, financial or other legal matters and may be limited or broad in authority. This document is

Slowly, More Women Gain Seats On Boards of Directors

NY Times editors reported on a study by the US Government Accountability Office (GAO) which found that “women held (only)16 percent of the board seats at S & P 1500 companies in 2014.” According to the GAO’s calculations, “even if every single future board seat vacancy” were to be filled with women, it would still

Equal Pay Progress for Women

In June 2016, more than 28 Companies signed the White House Equal Pay Pledge, which commits them to take action within their organizations by conducting an annual company-wide gender pay analysis across occupations, reviewing their hiring and promotion processes, embedding equal pay efforts into broader enterprise-wide equity initiatives, and identifying and promoting other best practices that