Insights

Filter by:
Is Your Financial Advisor All About You?

Blog

Is Your Financial Advisor All About You?

By Mike Gertsema, CEO & Wealth Advisor There are a lot of investment firms out there and they all say the same thing in different ways. They all say they have great customer service, get to know you, your goals, and they put a plan together. Some firms may tout their expertise in investments, combined years of industry experience, their holistic planning approach, their long-term approach, and how long their firm has been in existence. Firms advertise words like their trust, integrity, wisdom, experience, longevity, superior approach to investing, peace of mind, and the list goes on. They’re forgetting one...read the full article

Read More
Market Commentary: Record Month of New Jobs, S&P 500 Continues Rise

Market Commentary

Market Commentary: Record Month of New Jobs, S&P 500 Continues Rise

The jobs market rallied back far sooner and stronger than expected. The U.S. economy created 2.5 million new jobs in May. Economists had projected a loss of 7 million jobs, so the surprise was massive. The gains are mainly attributable to workers who were temporarily laid off being called back to work as lockdowns ended or were relaxed.

Read More
How to Put the Hard Financial Lessons of Quarantine to Work for You

Monthly Newsletters

How to Put the Hard Financial Lessons of Quarantine to Work for You

Wait – gas cost how much?!  This is a question we may ask our parents or hear from our kids with some incredulity. This intergenerational conversation has a humorous side: gas was a quarter a gallon – how? You must have filled up everyday!

Read More
How to Choose Between Brokers or Registered Investment Advisors

Blog

How to Choose Between Brokers or Registered Investment Advisors

By Mike Gertsema, CEO & Wealth Advisor Recently, we had a prospective client visit us to discuss retirement planning. They had no idea if they were ever going to be able to retire and were concerned they would have to work until the age of 70. We had a pre-meeting to gather all their financial information: income tax returns, retirement plans, 401(k) accounts, social security information, bank accounts, brokerage accounts, any debts, and other items. Once we determined the net amount that the clients are currently living on now, the amount they were saving annually, and determined they’d like to...read the full article

Read More
Market Commentary: S&P Climbs Despite Record Decline in Consumer Spending

Market Commentary

Market Commentary: S&P Climbs Despite Record Decline in Consumer Spending

Coronavirus actions and reactions continued to swing economic data in the U.S. Consumer spending dropped 13.6% in April. It was the sharpest decline on record dating back to 1959. Income moved in the other direction last month.

Read More
Teaching Kids about Money from Childhood Through Adulthood

Blog

Teaching Kids about Money from Childhood Through Adulthood

Teaching kids about money is especially complex – you aren’t just passing on a few bucks to go to the movies, but an array of attitudes, values and assumptions regardless of whether you mean to. Your kids watch, in a way not even they are aware of, how you interact with finance and how you model it for them. 

Read More
7 Questions to Ask When Looking for a Financial Advisor

Blog

7 Questions to Ask When Looking for a Financial Advisor

By Mike Gertsema, CEO & Wealth Advisor There’s a list a mile long on what people are looking for regarding financial advice and a financial advisor. So, I decided to write this guide for you – “7 Questions to Ask  When Looking for a Financial Advisor” – based on my 30-year experience in the industry. 1.   Are they qualified to be giving you advice? Does the advisor have the proper designations that qualify him or her to give advice? In some cases, your advisor may be a veteran of 20 or 30 years and has many security licenses under their...read the full article

Read More
Market Commentary: Economy Slightly Improves as Restrictions Loosen

Market Commentary

Market Commentary: Economy Slightly Improves as Restrictions Loosen

Another 2.4 million people filed initial unemployment claims last week. The number has declined for seven straight weeks. Unfortunately, 2.4 million is more than three times higher than the pre-COVID-19 record, and the pace of decline remains slow. Because the number remains stubbornly high, optimism for a sharp economic recovery is dropping.

Read More
Roth Planning Opportunities in 2020

Videos

Roth Planning Opportunities in 2020

Tax brackets are positioned well, interest rates are favorable and RMDs are on hold. So you’re probably asking yourself if now is a good time to convert your IRA into a Roth account. In this webinar, we look at the advantages of a Roth conversion in a down market and how you can save big on taxes down the road by investing in a conversion now. The CARES Act, the SECURE Act and the Tax Cuts and Jobs Act are all affecting this part of retirement finances, and the benefits they offer won’t last forever. Click Here to Watch the...read the full article

Read More
When the Unthinkable Happened – Phase 2

Blog

When the Unthinkable Happened – Phase 2

By Jackie Heater, Director of Operations   In my previous blog, “5 Tips I Wish I’d Known When the Unthinkable Happened,” I talked about the immediate things that need to be taken care of: funeral arrangements, bills, insurance, bank accounts, investment accounts and various other financial and estate matters. However, as time moves on, I realize there are many things I’ve had to navigate, especially in the last few months, that I just took for granted because my husband took care of them. Let’s talk about some tips for moving forward when your spouse dies. Mowing the Lawn We have...read the full article

Read More