Chaos Continues in California Property Insurance Market

May 5th, 2024|

Recently news broke that State Farm, the largest property insurer in California, plans to non-renew 72,000 home and apartment policies by this summer. Some ZIP codes have up to 70% of policies being non-renewed, with notifications going out over the next few months. Click here to see if your ZIP code is impacted. Your State [...]

Teaching Kids Good Money Habits in an Affluent Community

April 5th, 2024|

April is Financial Literacy Month, a time to focus on understanding money matters such as saving, investing, budgeting, income, interest rates, and spending habits. Despite being the wealthiest nation globally, the United States ranks 14th in financial literacy. Only 57% of American adults possess financial literacy, costing them an average of $1,819 annually due to [...]

Mastering Your Legacy: The Importance of Personal Estate Planning

March 5th, 2024|

Ensuring your personal estate planning documents are meticulously organized and up to date is a critical component of responsible financial planning. Beyond the practicality of asset distribution, these documents play a pivotal role in alleviating stress and uncertainty for your loved ones during what can be a very challenging time. By proactively addressing key aspects of [...]

Pet Insurance: Why It Might Be Worth Considering

February 5th, 2024|

A recent pet emergency that cost Tanya $9,000 caused us to revisit the topic of pet insurance. As devoted companions, pets bring immeasurable joy and love into our lives. Ensuring their well-being involves not only affectionate care but also thoughtful consideration of their health needs. The average annual cost of dog ownership is $1,270 to [...]

State of the Firm

January 5th, 2024|

2023 has been another successful year for Redwood Grove Wealth Management (RGWM). As the new year begins, we’d like to extend our gratitude to our clients, family, and friends for their ongoing trust and support. We consider ourselves fortunate to engage in fulfilling work with clients who are a pleasure to work with. Wrapping up [...]

Seizing the Open Enrollment Opportunity

November 5th, 2023|

Fall is open enrollment time at most companies. Employees are confronted with many choices that hold sway over their health, finances, and overall well-being. This time allows employees to assess new benefit options while considering whether their current selections align with their evolving life circumstances. Since employees typically have only one chance a year to [...]