Insights
Drawing on our deep industry knowledge, we assist clients with access to a wealth of insights and educational resources. Here, you can gain valuable perspectives on current market dynamics and explore our comprehensive retirement resources, offering a collection of financial planning, wealth management, and investment strategies.
Under the Big Top
Hi everybody, I hope you had a great summer. Today I’m going to talk about something that’s been in the news quite a bit and, to an extent, what is driving the financial markets right now. Yes, we know about the upcoming midterms, the geopolitical chaos and the worries about AI running wild. In the
Your Digital Estate Plan
If you have completed your traditional estate plan (Will, Trust, Directives, etc.), you’ve taken a big step for the benefit of your family. After you finalized the plan by ensuring personal assets were retitled under your Trust, confirming your beneficiaries are current, and your durable powers are set (healthcare, financial, attorney), you may think you’re
Why Do Interest Rates on Savings Accounts Remain So Low in a Rising Rate Environment?
In recent months the Federal Reserve has been engaged in a campaign of raising interest rates aggressively, in its effort to tame the inflation monster. Thus far this has affected mortgage rates (which have doubled since the beginning of the year to 7%), car loans, and credit-card balances. However, the yield on a bank savings
TD Ameritrade and Charles Schwab Merger Update
In 2019, TD Ameritrade Holding Corporation was purchased by the Charles Schwab Corporation. The merger between the two firms has created the largest investment custodian for registered investment advisors providing custody services for over $7 trillion in client assets. The size and scope of the combined entity should help keep investor costs low and allow
Series I Savings Bonds
About a year ago, in June of 2021, I wrote an article about Series I Savings Bonds. These bonds are issued by the U.S. Treasury and can only be purchased directly at TreasuryDirect.gov. They were yielding 3.54% which was noteworthy at the time. However, with inflation still on the rise, the rate on these bonds
The State of the Market
Well, here we go again. It’s been a while, but a bear market is upon us. Unfortunately, it is a bear market in most every asset class: stocks, bonds, gold, crypto; they are all in downtrends. Real estate is probably the next shoe to drop. It has been estimated that $8 trillion in household wealth
Using Electronic Payments? Watch Out for a 1099-K
There’s a little-known tax form that has been around since 2010 that many will be surprised to see arrive for 2022 tax filing. It’s known as the 1099-K and was created to report business income on the tax return of the business or on Schedule C for self-employed individuals, but that’s set to change. For
Helping Your Child Buy a House
If you are looking for a way to help your children buy their first home, there are several options available. Determining which one is best for your circumstances depends on multiple factors, primarily on how much you are able to provide and what level of control you would like to retain. Here are a few
Spring 2022 Financial Newsletter
Click image to view
Planning for a Baby Financially: Four Ways to Prepare
As new parents, what are some of the things that we could be doing to better our long-term finances? Well, I think the whole process of introducing a baby to the world is so special and it’s so incredible. As much as we want everything to be full of bliss and full of joy and
