Posts by Ben Rickey
Staying Ahead of the Curve: Bringing MIT’s AI Insights to Your Financial Plan
At LRIA, we believe that fulfilling our fiduciary duty means continually evolving so we can serve you with well-informed, thoughtful guidance. In that spirit, our CEO and CCO, Ben Rickey, recently completed the executive-education course Artificial Intelligence for Financial Services: Tools, Opportunities, and Challenges at the MIT Sloan School of Management. The program brought together…
Read MoreTrump Accounts: A New Way to Give Your Kids (or Grandkids) a Head Start
If you have young kids or grandkids, you’ve probably seen the headlines: as of July 4, 2026, families can fund a brand-new type of account for children called a “Trump Account.” There’s been a lot of buzz — and a fair amount of confusion — so here’s a plain-English rundown of what these accounts are,…
Read MoreCelebrating Independence—Both National and Financial
As we celebrate this 4th of July, I want to take a moment to wish you and your family a joyful, safe, and meaningful holiday. It’s a time to reflect on the freedoms we enjoy and the progress we continue to make—personally, nationally, and financially. The first half of 2025 has been full of surprises:…
Read MoreRed Flags When Transferring Money
Cybercrime and fraud attempts have not slowed down, so we want to share some red flags to look for when transferring money. Leonard Rickey Investment Advisors has security precautions to ensure the funds we manage are as safe as possible. When you request funds, we will verify your identity and verbally confirm transactions with you.…
Read MoreGiving Cash at Christmas
John and Sarah (not their real names) are getting frustrated with Christmas gift-giving. Their kids are doing well and can pretty much buy anything they want. They struggle to come up with something meaningful to give during the holidays. This year, while commiserating at a warm coffee shop, they decide to write checks for their…
Read MoreCybersecurity 101 – 2022 Update
Cybercrime has been on the rise. According to the Identity Theft Resource Center 2021 Annual Report, “The overall number of data compromises (1,862) is up 68 percent over 2020; the new record number of data compromises is 23 percent over the previous all-time high (1,506)”. The risk of identity theft or your personal data being…
Read MoreWhat Issues Should I Consider at the Start of the Year?
At the start of the year, there are several issues that should be considered including the following: Reflecting on your previous year’s goals Identifying new goals for the year Evaluating any new cash flows and adjusting your spending and saving accordingly Reviewing tax issues, insurance issues and legal issues Follow this link to see the…
Read MoreFinancial Considerations After A Bad Diagnosis
Sometimes a bad diagnosis puts you on a new life path you didn’t consider. Diseases like Alzheimer’s and Dementia come with many medical decisions, but we often get asked how to organize finances in light of the change. There are a few things you can consider financially to prepare yourself. First, make sure your…
Read More6 Ways Your Non-Profit Can Increase Giving And Make Donations Easy
This article will look at 6 ways you can increase giving at your non-profit as well as helpful hints to put on your website to make donations easy. 1. Cash The first way to increase your giving is to make sure your patrons can sign up to make a one-time or ongoing contribution. For many…
Read MoreGameStop Perspective
Recently, we saw a significant increase in volatility. A few individual stocks had great fluctuations, due in part to a new wave of investors. These young traders are opening stock accounts in record numbers and organizing trading campaigns through on-line messaging boards. We wanted to get the perspective of a young 20-year-old to look at…
Read More