BLOG

AI is eating your data. Do you know where it's going? In the rush to boost productivity, many RIAs, accounting firms, legal practices, and healthcare admins have started using generative AI tools for everything from summarizing notes to drafting client communications. But as the Summit Team's recent article highlighted, the moment someone pastes a client spreadsheet, tax return snippet, or financial projection into a consumer-grade AI chat—like free ChatGPT, Claude.ai , Gemin

How $49.99 Software Turned into $1,149/Year — And Why AI Agents Are Making It Obsolete I’ve hated SaaS subscriptions for years. Not because I’m stuck in the past — I follow tech trends closely for my clients. But the switch from buying software once to paying forever felt like a massive wealth transfer from users to vendors, with little real added value in return. What we got? Often slower performance, more friction, and bills that never stop rising. SaaS = Software as a Serv

By Jim Palumbo We’ve all seen the signs while walking down the aisle for a new backsplash: "0% Interest for 36 Months!" It sounds like a win. In a world of sticky inflation, taking the store’s money for free to build your dream kitchen feels like the ultimate "free lunch." But as I’ve told my clients many times, in the world of retail credit, the "lunch" is actually a trap, and the store is waiting for you to trip. The Math of a Massacre Let’s look at a scenario I see too oft

I n an era where political divides feel increasingly spiritual, many observers—including conservative thinkers like Dennis Prager—have likened modern leftism to a "secular religion." It offers a sense of purpose, subjective morals, and communal rituals, from virtue signaling to public reckonings, without invoking a divine authority or moral absolutes. But what exactly is this "religion" called in 2026? There's no universal consensus, but terms like "Post-modernism", "Wokeism"

"It just seems implausible this is what we are made of, essentially, nanotechnology about a billion years beyond anything we can design or make ourselves", says Andrew Cote In the age of AI, the more we learn about science, physics, mathmatics and micro-biology, the more immense grows the Unsearchable Knowledge of God. It is not as though God is smarter than us by degrees, or is somehow super-human, like the aliens in movies with massive craniums; no, His intelligence is not

If you feel like housing is more expensive than it “should” be, you’re not imagining it. But the reasons are more subtle than you probably think — and they have little to do with any single economic villain, even though my real-estate friends and I are always looking for one in our discussions of local real-estate markets. It prompted me to dig into the data. Understanding the real drivers can help families make smarter financial decisions, even in markets that feel impossibl

By Jim Palumbo "Neither a lender nor a borrower be." Shakespeare's famous warning in Hamlet captures an ancient distrust of debt that still resonates today. In early 2026, President Trump reignited a centuries-old debate by proposing a temporary one-year cap on credit card interest rates at 10%, starting January 20. With average credit card APRs hovering around 22-23% and Americans carrying over $1.1 trillion in revolving debt, millions are buried under compounding burdens th

No Shipping, No Wrapping !!! Published: December 21, 2025 With Christmas just days away and shipping deadlines long passed, the best gifts are the ones that arrive instantly—no wrapping required! If you're looking for meaningful, faith-filled options that nourish the soul or spark entrepreneurial dreams, my three audiobooks (available on Audible) and one Kindle eBook are perfect last-minute choices. All are digital, so recipients can start enjoying them immediately—ideal for

Dear Friends and Partners in the Journey, As the lights of Christmas, Hanukkah, and this sacred season begin to glow, I find my heart overflowing with gratitude. This year marks a milestone I never dared dream of when I first hung out my shingle: thirty years ago, Global WEALTH (Oxford Asset Management was our first name) opened its doors—really just a small office, a single phone line, and a young advisor who believed that financial peace was possible for anyone willing to c

Empowering Generosity Through Strategic Giving As we wrap up another year and gear up for the twists and turns of 2026, I'm always on the lookout for ways to help you make the most of your hard-earned wealth—especially when it comes to giving back. Tomorrow, I'll be tuning into a webinar from DAFgiving360 featuring Julia Reed and tax whiz Jorge Castro, diving deep into how the recently passed One Big Beautiful Bill Act (OBBBA) shakes up charitable planning. Since these sessio

Two Big Reasons Actually Supported by the Data I’m old enough to remember when “Made in America” actually meant something. My dad’s 1972 Frigidaire fridge is still humming along in the garage. The Levi’s I bought in 1983 still fit (don’t laugh) and haven’t fallen apart. The Craftsman tools I bought at Sears in the 80s, Lifetime warranty and they meant it. Fast forward to today. I just paid $110 for a pair of “premium” jeans that feel like cardboard and already have a hole in

Navigating the Storm Dear Valued Friends and Clients: Market volatility can feel unsettling, but we’re here to provide perspective and...

Tariff Tantrum: Left Big Mad and Overreacting The Dow’s down 2,000 points today—a gut punch after yesterday’s tariff-driven slide (Dow...

Streams of white light in the storm. Today’s market action has been tough to watch—the Dow dropped 3.22% as I am writing this, and the...

Play to win.  (It's actually Biblical!)  “Again, it (The Kingdom of Heaven) will be like a man going on a journey, who called his...

I'm excited to share the first trailer for the film we're helping produce with Angel Studios. This is going to be a roller-coaster ride...

SOME OF THE EASIEST WAYS FOR YOU TO BUILD WEALTH (These are no-brainers) Tax-favored Retirement, Health, and Education Plans. The Wealth Stack: Leveraging Federal Tax-Favored Plans By Jim Palumbo, Principal of Global WEALTH The most overlooked strategy for building sustainable wealth is "Max-Funding" every tax-favored plan available to you. Think of your financial plan as a house; each plan is a structural brick. At Global WEALTH , we utilize a fiduciary, fee-only approach to

In today's digital age, the financial advisory industry has seen a significant shift towards virtual practices. This transformation...

The Best and Worst Christian Sign-offs "Under the Lamb,"? Greetings, fellow journeyers in faith! We've all been there - those moments...

Photo by Anna Shvets Here are the top ten jobs that AI is least likely to replace in the near future. Based on the information available,...