On March 10, regulators announced the closure of Silicon Valley Bank, an institution that specialized in providing banking and financial services to the technology and life sciences industries as well as private equity and venture capital firms. “Nearly half” of U.S. venture‑backed technology and life science companies bank with Silicon Valley Bank, according to [...]
To say 2022 has been a lousy year for the financial markets would be an understatement. Here are some recent headlines: Blue Chips Slide Into a Bear Market; Pound Touches Record Low Against Dollar; War to Cost Global Economy $2.8 Trillion. To paraphrase Bob Dylan…the times they have a changed. Of course, we recognize [...]
Election Uncertainty Remains, but Potential Outcomes Shrink November 4, 2020 Election Day is finally behind us, and we sincerely hope you voted. Since the turnout was high and over half the ballots cast were mail-in ballots, it will take longer to count them all. While we wait for the votes to [...]
CARES ACT - Information You Need to Know April 6, 2020 The coronavirus pandemic has affected virtually every facet of American life and severely impacted the markets and economy. Congress and the federal government have acted to help individuals and businesses get through this difficult time. Most recently, President Trump signed the [...]
Global Markets React to Coronavirus February 18, 2020 • Global markets drop on the spread of coronavirus • Selling could continue as investors look for a reason to sell • Expect volatility to increase on uncertainty Global markets moved sharply lower on news that the spread of the 2019-nCoV virus, commonly [...]
January 10, 2020 The SECURE Act – Two Key Changes Which May Affect Your Retirement Account in 2020 and Beyond By Clete Albitz, CFP® The SECURE Act which stands for “Setting Every Community Up for Retirement Enhancement” was signed into law December 20, 2019. 1. Required minimum distributions delayed slightly [...]
January 17, 2020 Retirement Plan Changes - Credits, Eligibility & More From The Secure Act By Paul Miloe, CRPS® The passage of the SECURE ACT in late December has created several changes to employer-sponsored retirement plans. For employers with under 100 employees, the plan start-up credit has been increased to the [...]
January 17, 2020 What About... Phil Albitz, CFP® Happy New Year everyone… With this video, I’m going to talk about what’s going on and make some observations on what we see for the future under to existing circumstances. Now these aren’t forecasts. There is an old saying that goes something [...]
January 23, 2019 As Always, Now Is the Time for Diversification By Vance Albitz, CFP® If you’ve had a chance to look over the investment philosophies on our website, you’ll remember seeing seven principles that we stick to when implementing and monitoring an investment portfolio. If you haven’t seen them, [...]
