Wealth Planning

Happy Holidays! May Your Gifting Be Tax Efficient

By Christpher Whitaker, CFP, AIF ‘Tis the season! The tryptophan from overloading on turkey is finally wearing off, holiday decorations are getting lugged in from the garage and your annual planner is nearing the last page of the year. It also happens to be the season for some end-of-year tax planning! One of the most

2018-12-17T23:35:27+00:00December 12th, 2018|Newsroom, Wealth Planning|

Opportunity Knocks? IRS Clarifies Tax Benefits to Investing in Low-Income Zones

By Benjamin Lau, Chief Investment Officer A little-known proposal in President Trump’s Tax Cuts and Jobs Act (TCJA) last year included a provision that seems extremely appealing for many investors. In an attempt to encourage new investments into underdeveloped areas of America, the government is offering substantial tax benefits. Seems too good to be true, right? 

2018-11-01T17:20:13+00:00October 22nd, 2018|Newsroom, Wealth Planning|

ExxonMobil Pension Interest Rate for Q4 2018

The pension rate for the ExxonMobil pension plan has been raised to 3.00%.   For those clients born before the year 1958, you are grandfathered under the pre-2008 lump sum plan rules. Many of you also know this to be the ‘single rate’ pension calculation. We have also posted the pension rates for ExxonMobil retirees subject

2018-11-01T17:20:15+00:00July 31st, 2018|Newsroom, Wealth Planning|

Team Apriem Back from an IMPACTful Week in Chicago

By Jennifer Olson, CFA, CFP Senior Financial Analyst The Apriem Advisors team attended the Schwab IMPACT 2017 conference last week in Chicago and got to see some of the world’s greatest influencers in economics, politics, technology, philanthropy and entertainment. David Cameron, former prime minister of the United Kingdom, spoke about U.S. politics, regulation, immigration and

2017-11-20T22:31:15+00:00November 20th, 2017|Newsroom, Wealth Planning|

Protecting Your Identity in 2017

After the oldest American credit reporting agency, Equifax, revealed that a data breach affected over 143 million adults in the United States, it is clear we all need to be vigilant when protecting our personal information. Based on the press release from Equifax, the unauthorized access occurred from mid-May through July 2017. Even if someone

2017-09-13T23:51:45+00:00September 13th, 2017|Wealth Planning|

Inverse Budgeting, The Most Successful Spending Plan

Money is an essential part of life, but the paradox is no one wants to talk about it. A study conducted by Wells Fargo revealed that personal finance (44%) was more difficult of a topic to discuss than death (38%), politics (35%), religion (32%), taxes (21%), and personal health (20%). One explanation for this phenomenon

2017-05-17T00:00:00+00:00May 17th, 2017|Newsroom, Wealth Planning|

Changes to the Financial Aid Process for School Year 2017-2018

Every year, millions of students and their families file a FAFSA (Free Application for Federal Student Aid).  Colleges use this form to help determine how much a family can reasonably contribute financially and how much financial aid is provided to them. There are a couple of changes to this process this year. Starting with the

2017-02-25T00:00:00+00:00February 25th, 2017|Newsroom, Wealth Planning|