First Vice President - Investment Officer, Financial Advisor
Key takeaways - we believe the financial markets are pricing in much of the bad news we expect to hear in coming months. Seek to take advantage of this correction and any further downside that may occur by incrementally putting cash to work. Read More
It’s a growing problem — and it can happen to anyone - It’s easy to understand why elderly individuals are targets for financial abuse. They may have significant assets or equity in their homes and usually have a regular source of income such as Social Security or a pension. They also may be especially vulnerable due to isolation, cognitive decline, physical disability, or other health problems. Read More
Tax planning is an important component of your overall financial plan. This guide provides an overview of items to be aware of both now and throughout the year, steps you can take to potentially defer taxes, and options to consider in light of current market volatility and interest rates. As you read through the guide, consider the following questions: Has your tax situation changed from last year?, Do you plan to do any gifting this year?, Do you have any estate planning concerns?, Do you need to make changes to your estate plan?, Are you taking advantage of current strategies to maximize your retirement income?, The guide highlights various strategies that potentially could reduce or defer taxes. Read More
Global Economy - U.S. Recession risk is crossing over a probability level that makes recession our base case for the end of 2022 and into early 2023. As inflation and monetary tightening ease more perceptibly in late-2023, we expect a nascent economic recovery that markets may protect into 2024. Read More
Whenever there’s market volatility, investors naturally become concerned about what they should do to help protect their portfolios. Although there are some strategies that are particularly suited to down markets, many financial experts will tell you that, for the most part, investors should focus on their asset allocations in a down market just as they should when prices are up. So although down markets can be difficult to endure, they don’t necessarily require investors to do anything — unless they’ve strayed from their asset allocations and need to get their portfolios back in line. Read More
Many investors have expressed concerns over a possible repeat of the great inflation and stagnant economic growth that hampered markets during the 1970s and early 1980s. We believe differences between conditions now and those over 40 years ago outweigh similarities and point toward a return to more moderate inflation if recent shocks subside as we expect, but to a rate above the historically-low average of the past deade. Read More
Many investors have expressed concerns over a possible repeat of the great inflation and stagnant economic growth that hampered markets during the 1970s and early 1980s. We believe differences between conditions now and those over 40 years ago outweigh similarities and point toward a return to more moderate inflation if recent shocks subside as we expect, but to a rate above the historically-low average of the past deade. Read More
Many Americans anticipate retirement as a chance to get out of the rat race and finally have time for the all things they’ve always wanted to do. You will probably be more active, live and work longer, and for income, need to rely more on what you’ve saved than prior generations. And that means ensuring that this income has the potential to last for your lifetime and to weather rising health care expenses, inflation, and market ups and downs. Read More
Markets are still evaluating how Russia's invasion of Ukraine and the resulting sanctions may impact the global economy and market returns. New rounds of sanctions this week have raised questions about how these measures may raise commodity prices or otherwise affect the U.S. and international economic outlook. Read More
Once a niche corner of the investing landscape the idea of aligning personal values with investment portfolios has gone mainstrean. Inreased demand has been met wih a broad range of solutions focused on everything fromm environmental sustainability to religious beliefs. Read More
Because your family’s financial situation continually evolves through various life stages — birth of children, need to fund education, career advancement, and salary increases — you should regularly review your life insurance needs. This guide is specifically designed to help you determine whether you have enough life insurance coverage based on your immediate expenses, debts, available assets, existing coverage, and other key considerations. Read More
One financial strategy that is often overlooked when evaluating your retirement and estate planning options is the Roth IRA conversion. Converting allows you to reposition your current tax-deferred retirement account to a Roth IRA by paying federal and possibly state income tax [but without the IRS 10% additional tax for taking early or pre-59½ distributions (10% additional tax)] on the taxable amount of the conversion. The benefit is that any earnings would be distributed tax-free, if certain conditions are met. Read More
Is it time to update your estate plan? This checklist provides examples of life events that could lead you to review or change your estate planning documents and/or beneficiary designations. The fact that you have experienced one of these changes does not always require an amendment or change. But at a minimum, it is a good idea to have a brief conversation with your attorney to keep him or her apprised of your situation. Your attorney can help you determine whether any updates are appropriate. Read More
Many young investors may be grappeling withhigh levels of personal debt. Specifically student debt, which has ballooned to roughly $1.73 trillion in the second quarter of 2021, according to the Federal Reserve. Read More
No matter what your age or net worth, you need an estate plan to protect yourself, your loved ones, and your assets — during your lifetime, as well as after your death. Before visiting with your attorney, it’s helpful to have a basic understanding of the documents he or she may recommend for your plan. Read More
Following is a discussion of what you need to keep, where we recommend you keep it, and when you can discard it. Keeping these records stored safely, where you and others can find them, can save you time, and greatly increases the likelihood that they will not get lost or misfiled. Read More
Investment with a sustainable focus is only likely to grow, wealth managers believe. Read More
By its nature, investing is an optimistic, forward-looking endeavor: We forego spending today, in exchange for the potential of greater rewards tomorrow. In many cases, investing means planning for a specific goal—funding a child’s education, ensuring a comfortable retirement, traveling the world, or
leaving a legacy. Read More