September 15,

Time to sign up for fraud monitoring?

With the recent revelation that Equifax experienced a data breach from May to July of this year, and personal information for over 140 million people was at risk during that time, is it finally time to pay for some form of fraud monitoring service? The answer is "yes" it's time to sign up for a monitoring service, but "no" you don't have to pay for it (yet). Due to the data breach, Equifax now offers a free year of their TrustedID Premier Service that offers... Read More

August 31,

Private Banking-What is it?

Not long ago, during a routine annual review with a client, the term private banking came up. A blank look came across the clients face, as I asked them if they knew that HFG offered private banking services and understood the difference between private banking and retail banking. It occurred to me that over the last 12-24 months, much has changed at HFG Trust. First, in 2016, we partnered with Community First Bank and formed a State Chartered Trust Company. Then, in 2017, we formalized... Read More

August 23,

Social Security Spousal Claiming Strategy

Great reminder from Social Security expert, Elaine Floyd for individuals who are grandfathered in, and have the opportunity to file a restricted application for a spousal benefit while receiving delayed retirement credits for their own personal retirement benefit. “It is still possible for some clients to receive a spousal benefit while their own benefit builds delayed credits. To do this, they must “restrict the scope of the application,” also known as filing a... Read More

August 17,

Lifetime Learning Credit vs. American Opportunity Tax Credit

  Fall brings many things to look forward to. Changing leaves, sweater weather, seasonal drinks, pumpkin everything and more. For most of us, thinking about college tuition doesn’t spark a high interest. I am one of four sisters who graduated from a 4-year university and college didn’t come cheap for our family. The federal government has two key education tax credits that can provide your family with some financial assistance: the American Opportunity Tax Credit and... Read More

July 31,

HFG University-2017 Internship Program

    Our internship program was developed to provide high-performing college students with valuable professional experience in the financial industry. Our goal was for participants to gain knowledge from our experienced staff, provide hands-on office experience, tasks to enhance their skill sets and an environment that would allow them to explore their interest of finance and business. This summer, we had the pleasure of having two interns work alongside us. Our interns... Read More

July 21,

The Suit: A Higher Standard

           CEO Ty Haberling discusses the higher standard that trust companies hold in regard to their fiduciary responsibility in the online magazine, The Suit.                                                   “Good financial planning is sort of like going to the doctor, but there is a key difference. Most doctors in... Read More