Architecture firms should take the time to establish meaningful fee collection practices so that they can remain financially solvent. Avoiding fee disputes with clients helps maintain positive working relationships while safeguarding the ability to provide services on future projects, including those of existing clients. Timely collection of fees is essential since architecture firms do not…
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Four ways life insurance protects the people you love
You might be surprised how The AIA Trust life insurance coverage from New York Life Insurance Company can provide for you and your family.
Read MoreMaximize your savings through retirement planning
For architects, establishing a retirement plan for yourself and possibly for your firm, as well, is one of the most important actions you can take. If you have already done so, you are on the road to building a more secure retirement for yourself and your employees.
Read MoreDo you know? Virtually everything can go wrong!
Welcome to the “new normal” – a seemingly alternate universe where working in an office has become burdensome and employers and employees alike are often at odds as to what a work-life balance looks like. As if the practice of architecture wasn’t complicated enough, our post-pandemic reality challenges firms to adjust to a remote workforce…
Read MoreMeet our 2024 Chair
Passionate in his pursuit of continuous engagement and advocacy for design and the profession, Jeff Yrazabal, AIA is leading the AIA Trust into 2024 as Chair. AIA has proven to be a steadfast way to harness this passion with other roles through the years which include past Co-Chair of AIA Portland COTE, President of AIA…
Read MoreThe consultant behind the curtain
Conventional wisdom dictates that all successful construction projects have a great team. The project team is typically viewed as being the Client, Architect, and Contractor. However, other seldom discussed yet equally vital members of the team, are the Owner’s financial partners, which includes Lenders and Investors, along with their Construction Consultants.
Read MoreAI in Architecture: Historical insights & questions answered
In 2005, my grandmother passed away at the age of 99. Looking at how artificial intelligence (AI) impacts society, I cannot help but reflect on the significant changes I have seen in a lifetime compared to what my grandmother must have lived through.
Read MoreWhy Should Architectural Firms Consider Selling to an ESOP?
By: Steven Greenapple, SES ESOP Strategies, a Stevens & Lee Company When contemplating a sale of their business, the owners of a Company have several alternatives to consider. They can (1) sell to a financial investor (private equity or family office); (2) sell to a strategic investor (another business who wants to expand into the…
Read MoreQuestions from Members – LegaLine in Action!
During AIA Trust Week, one of the webinars shone a spotlight on LegaLine, a legal information hotline specially tailored to respond to the needs of small firms and sole proprietors managing an architectural practice.
Read MoreSaving for Retirement and a Child’s Education at the Same Time
You want to retire comfortably when the time comes. You also want to help your child go to college. So how do you juggle the two? The truth is, saving for your retirement and your child’s education at the same time can be a challenge. But take heart–you may be able to reach both goals…
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