Often, in the process of getting to know our clients, we uncover very complex wealth management needs and we work with our clients to ascertain the planning of those needs. Then we develop personalized financial plans and a customized strategy with the goal of transforming those opportunities into increased wealth. As part of our comprehensive wealth management we provide:
September 2023 -- As we sadly and far too quickly enter the tail end of summer, economic data in the U.S. continues resilient. A full-blown recession remains elusive. In fact, U.S. gross domestic product (GDP) growth reaccelerated in the second quarter to 2.4% annualized, favorably led by business investment and positive consumer spending. Labor remains strong, though slowing, as the economy added 187,000 jobs last month. Despite increased volatility in the quarter, equities sit unchanged from the end of June. Bonds, on the other hand, started the quarter with a sharp selloff.
August 2023-- To further our commitment to assisting our business owner clients navigate complex transitions, we are thrilled to announce that Monica and Chrissy have earned the Certified Exit Planning Advisor (CEPA®) designation.
With the CEPA® designation, financial professionals help business owners: understand the value of their business; determine how ready and attractive their company is; quantify business and personal wealth metrics that could be improved; and collaborate with other professionals to develop a strategy to help them realize those goals. Building on our role as wealth managers, we help make sure business owners know what they’ll need as well as what they’ll realize from a liquidity transaction.
If you or someone you know is considering the ultimate realization of their years of work in and dedication to their business, please have them contact us. We are excited to leverage our CEPA® expertise to make a positive impact in the realm of business transitions.
August 2023-- The IRS has announced certain relief for required minimum distributions (RMDs) for 2023 with respect to the recent change in the RMD age to 73 and provided guidance with respect to certain specified RMDs for inherited accounts. Please read on to learn more and call us with questions!