How to Stop Being a HENRY
Many people who’ve recently stepped into a significantly higher income find themselves in uncharted financial waters. You may be considered a “HENRY” (High Earner, Not Rich Yet), and regardless of whether you’re a doctor, attorney, tech professional, or entrepreneur, the sudden jump from a modest income to a substantial salary brings challenges only those who’ve walked this path can fully appreciate.
The estate tax has long been a central topic in U.S. tax law, facing many changes under various acts and bills, including the Tax Cuts and Jobs Act (TCJA), and, most recently, the One Big Beautiful Bill Act (OBBBA), which was signed into law on July 4, 2025. For high-net-worth individuals and families, the latest changes bring not just welcomed news, but also important shifts that could impact how you protect and transfer your wealth.
BOSTON – Sept. 3, 2025 –New England Private Wealth Advisors (NEPWA), LLC, a Boston-based RIA that serves high-net-worth families and institutions, announced today that it has acquired DHK Financial Advisors, an RIA based in Portsmouth, New Hampshire, with $1.6 billion in assets under management (AUM). The combined firm will manage nearly $5 billion in AUM. Founded in 2005, NEPWA is a fee-based RIA that provides clients with highly customized and integrated investment advisory and wealth planning services. DHK has been providing investment advisory services since 1993 and has served as a trusted outsourced chief investment officer to institutions including charitable […]
