By: Thomas Steffanci, PhD, Senior Portfolio Manager I came across an interesting article in Mining.com referencing a study by Citicorp that found that metals such as aluminum, nickel, steel, and copper (including the fossil fuels necessary for their production processes) can have a net beneficial effect on climate mitigation. This surprising finding was that the use of these metals can drive...
Please join us in welcoming Kaylan Hill-Curiel to Benefit Financial Services Group. Kaylan joins BFSG as an Operations Specialist. Kaylan will handle all the administrative and back-office tasks that are essential to the efficient operation of our Phoenix branch office. Previously, she worked as a financial representative for MassMutual and AssetMark Trust. She graduated with a Bachelor’s Degree...
In case you missed this week’s BFSG’s Fall Webinar Series, “Tax Planning: Understanding Biden’s Tax Proposals”, you can now watch the replay by clicking here. Our guest speaker Erica York, an economist with the Tax Foundation, reviewed the current Build Back Better tax proposals and we discussed tax strategies to help you reduce your taxes for 2021 and beyond. Visit BFSG University on YouTube to...
Mr. Market, the imaginary investor in Ben Graham’s book, The Intelligent Investor, is willing to constantly buy or sell a stock based on whether it has recently gone up or down. Yet, these actions are based on the emotion of recent events, and not on sound investing principles. Ben Graham’s most famous student, Warren Buffett, understands the importance of keeping his emotions in check and...
Dr. Steven Yamshon continues his journey in learning about technology, innovation, and strategy at MIT to help manage our clients’ portfolios. Congrats on another great academic achievement!
The Treasury Department has announced inflation-adjusted figures for retirement account savings for 2022. While contribution limits are up for workplace plans, contribution limits for Individual Retirement Accounts are stuck at 2019 levels. Inflation means you can—and probably should—contribute more to your workplace retirement account in 2022. Check out the new limits here. Disclosure: BFSG...
In case you missed this week’s BFSG’s Fall Webinar Series, “Estate Planning: Secure Your Legacy”, you can now watch the replay by clicking here. Our guest estate planning attorney, Tamsen Reinheimer, reviewed what are the biggest mistakes people make with their estate plan (hint: doing nothing!) and what new laws may affect your estate plan. Be sure to register for Week 3, Tax Planning:...
On September 30, 2021, Congress averted a potential federal government shutdown by passing a last-minute bill to fund government operations through December 3, 2021. Two weeks later, another measure raised the debt ceiling by just enough to sustain federal borrowing until about the same date. Although these bills provided temporary relief, they did not resolve the fundamental issues, and...
Many equity markets saw their best month of the year (including the S&P 500), whilst commodities led the way. Here are 3 things you need to know: Real GDP growth slowed substantially in the 3rd quarter to a 2.0% annual rate, after 6.5% growth in the first half of the year. Recent data points to a pick-up of economic momentum for the 4th quarter.Core CPI inflation for September rose to 4.04%....
In case you missed the kick-off to BFSG’s Fall Webinar Series, “Ask the Alzheimer’s Expert”, don’t fret because you can watch the OnDemand replay by clicking here. Dr. Grill, Director of UCI MIND, discusses the causes of Alzheimer’s disease, ways to reduce your risk, and how to prepare for the financial and emotional risks Be sure to register for Week 2, Estate Planning: Secure Your Legacy, next...
With potential tax changes on the horizon, funding a 529 college plan deserves careful consideration. 529 college plans allow an individual to donate up to $15,000 per year for each beneficiary ($30,000 per year for married couples). With the potential increase in income taxes and capital gains taxes, 529 plans could be favored since invested funds are free of both income and capital gains taxes...
By: Paul Horn, CFP®, CPWA®, Senior Financial Planner For many individuals, their retirement account(s) is their largest asset outside of maybe their home. Over $500 billion is rolled over annually from workplace retirement plans to Individual Retirement Accounts(s) (IRAs). According to the Department of Labor (DOL), the decision to roll over assets from a workplace retirement plan to an IRA is...
Source: Michael Liebowitz, Realinvestmentadvice.com By: Thomas Steffanci, PhD, Senior Portfolio Manager Is the real unemployment rate 2.3%? If you back out people who quit voluntarily to look for better paying jobs, the answer is yes. Quitters are still “employed”. They are in transition to other employment opportunities and should be considered as part of the labor force. If you adjust...
Medicare beneficiaries can make new choices and pick plans that work best for them during the annual Medicare Open Enrollment Period. Each year, Medicare plan costs and coverage typically change. In addition, your health-care needs may have changed over the past year. The Open Enrollment Period — which begins on October 15 and runs through December 7 — is your opportunity to switch your current...
Tailor portfolios to your needs and goals.
Investing and saving wisely is vital to success in retirement.
Navigating the complexities of your financial affairs can be simplified.
Help to increase the amount you “take home”.
Protect your loved ones and make sure your legacy endures.
Simplify the many options and decision points of executive compensation plans.
Confidently plan for your children’s future.
Give in a tax-smart, simple way.
*Please Note: Limitations. The scope of services to be provided depends upon the terms of the engagement, and the specific requests and needs of the client. BFSG does not serve as an attorney, accountant, or insurance agent. BFSG does not prepare legal documents or tax returns, nor does it sell insurance products. Please Also Note: Different types of investments involve varying degrees of risk. Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the investments and/or investment strategies recommended and/or undertaken by BFSG) or any financial planning or consulting services, will be profitable, equal any historical performance level(s), or prove successful.
California Office (Headquarters)
Wealth Management & Institutional Services
2040 Main Street, Suite 720, Irvine, CA 92614
Arizona Office
Wealth Management
1643 E. Bethany Home Road, Phoenix, AZ 85016
