As always, we keep you informed of laws and events that impact your wealth management strategy. It’s a new year, the 2013 exemptions are established and many unknowns still lie ahead. If provisions do change, they would not be retroactive – making this is an opportune time to take advantage of the gift tax exemptions.…
On New Year’s Day, Congress and the White House reached resolution regarding the “fiscal cliff,” and the next day the Dow Jones Industrial Average climbed 308 points (2.35%). Those of us in the investment business love to make predictions to show how smart we are. Of course, we aren't always correct with our predictions, but when we…
There are Registered Investment Advisors and there are Registered Representatives (AKA: brokers and broker-dealers). An RIA is a professional advisory firm that offers clients personalized financial advice. Advisors at RIA firms and Registered Representatives (brokers, broker-dealers) have different legal responsibilities to clients. Choosing between the two to manage your wealth? Decide whether you want “suitable”…
Hardly a day goes by that we don’t get a phone call from someone about the “fiscal cliff”…you know, that period of time beginning January 1 when all the Bush tax cuts expire. None of the calls are from someone trying to reassure us that everything is going to be OK. All of the calls…
Just prior to the election four years ago, in my November Investment Commentary I wrote, “The economic issues today...are much bigger than either of the presidential candidates. The loser might be the winner in this election.” I could repeat that statement today except the part about the loser being the winner. I’m confident Mitt Romney…
