In this episode the guys explain the role and importance of the Federal Reserve.
The good news is that the 401(k) has become one of the primary sources of retirement savings for most Americans, with 74 percent of workers actively participating in these plans, according to the Employee Benefits Research Institute (EBRI). The bad news is that some workers view these savings as a piggy bank they can tap […]
In addition to our recent market update, we wanted to share additional material from our custodian and strategic partner Raymond James. In volatile times it is always good to hear different points of view, and we feel this is worthy of getting out to our clients. October commentary If you have questions, please contact your […]
In this episode the guys explain tariffs and how they can impact business and the markets.
Probate refers to the legal process of settling an individual’s estate and distributing his or her property and assets to heirs and other named beneficiaries after he or she passes away. If a person dies with a will, the court will generally follow the directions the decedent’s outlined for distributing assets and naming guardians for […]
SARASOTA, FL – October 22, 2018 – Financial advisor Robert Weiss, CFA®, has joined Provenance Wealth Advisors as a regional director and financial advisor based in the firm’s new Sarasota office. Weiss has more than 35 years of experience in investment strategies, financial planning and life insurance solutions. “Rob is a terrific addition to our […]
While investors welcome market gains, they should not overlook the substantial tax liabilities their positive performing investments may incur when the time comes to sell. Under tax reform, investors are subject to capital gains tax as high as 37 percent, when they sell non-retirement investments, real estate or other appreciating assets. However, it is possible […]
The Tax Cuts and Jobs Act (TCJA) reforms the U.S. tax code and turns traditional estate planning for couples on its head by changing the way the IRS will treat alimony payments between divorcing couples beginning on Jan. 1, 2019. Under current law, payments of spousal support are deductible by the payer and taxable as […]
In this episode the guys discuss why you should consider taking a chance on the stock market.
Asset diversification is an investment strategy that helps investors’ minimize their exposure to market volatility while attempting to maximize their opportunities for high returns over the long term. While diversifying assets does not guarantee any investment objective will be met, spreading out investable dollars over a diverse mix of stocks, bonds, cash and other assets […]
The new tax law in effect for 2018 provides an opportunity for people with disabilities to save more money in ABLE accounts and qualify for a special saver’s credit. The U.S. government introduced ABLE accounts in 2015 to help disabled individuals and their families save money to pay for disability-related expenses without any risk of […]
In this episode the guys discuss how to keep your cool when the markets are hot.
According to the Pew Research Institute, first-time marriages are on the decline while a growing number of unions involve a spouse who said “I do” at least once before. When individuals enter into second or third marriages, they are more likely to have children from a prior marriage as well as a retirement nest egg, […]
Planning for retirement is often the last thing recent college graduates will think about upon entering the job market and earning a steady income. However, there is no minimum age for individuals to start thinking about saving for the future, whether it is for the purchase of a new car or home, to support a […]
In this episode, the guys discuss how to keep your thinking long-term, even in the face of instant gratification.
