The OBBBA and Minnesota Estate Tax: What High-Net-Worth Families Should Know
The One Big Beautiful Bill (OBBBA), signed into law on July 4, 2025, introduced sweeping federal tax changes that impact estate and gift planning. While many of these updates appear favorable at first glance, Minnesota residents face unique state-level challenges that require thoughtful coordination.
“On the surface, these changes look like good news,” says Echo Huang, CFA, CFP®, CPA, founder and president of Echo Wealth Management. “But Minnesota’s estate tax rules remain restrictive, and
Year-end Checklist for Insurance
Are You Properly Insured? A Year-End Checklist for Your Life Stage
The end of the year is the perfect time to review your finances—especially your insurance coverage. If changes have happened during the year, like marriage, a new job, or buying a house, the types and amounts of insurance you carry should be reviewed and potentially updated. “Insurance needs shift as life changes,” says Justin Edwards, Associate Wealth Manager at Echo Wealth Management. Justin earned additional certifications
Staying Secure in a Digital World: Cybersecurity Resources from Schwab and Practical Steps to Protect Your Identity
By Jared Johnson, Shareholder & Wealth Manager
At Echo Wealth Management, your security is our priority. As cybersecurity threats evolve in sophistication and reach, we want to ensure our clients are not only aware of potential risks but also equipped with trusted resources and clear steps for protection. In collaboration with Schwab, we offer this guide to help you stay informed, vigilant, and prepared.
Get to Know Jared Johnson: Turning Financial Complexity into Clarity
At Echo Wealth Management (EWM), Jared Johnson isn’t just crunching numbers—he’s creating strategies that turn financial goals into reality. As a Shareholder and Wealth Manager, Jared plays a key role in portfolio management, trading, and financial planning, ensuring every client has a clear, customized path to success.
DYI or call your guy: Why do you need a wealth manager?
Doing pretty well
Picture this - I’ll be at a networking event, wearing a sticker name tag and holding a plastic glass of tepid water, and a guy with a bad suit and even worse haircut will, out of nowhere, shout, “I don’t get what you wealth managers do. I do pretty well on my own just using the internet.” And, before I can respond, he’s off to give his opinion again, rambling about the cheese tray to the hotel staff.
Do Think Twice About Long-Term Care
Long-term Care Observed in October and November
How important is long-term care?
It is important enough for you to plan it.
It is important enough for you to do it.
It is important enough for you to think twice.