Entries by Amanda Hale

Charitable Giving & the Benefits of Donor Advised Fund

As the final months of the year draw near, many individuals are turning their attention to tax planning and charitable giving. Charitable donations are a good way to support meaningful causes and create a positive impact within communities. One effective method for managing charitable contributions is through a donor-advised fund, offering a range of benefits […]

Annual Forbes/Shook Top RIA List

We are humbled and grateful to be appointed in the second annual Forbes/Shook Top RIA list, which recognizes the top 250 advisory firms in America out of an impressive 42,643 nominations received! The comprehensive selection process involves rigorous evaluations, including qualitative and quantitative metrics such as years of experience, assets under management, client retention rates, […]

Wisdom of Crowds in Investing: Opportunities and Limitations

Growing up, I was fascinated by the TV show “Who Wants to Be a Millionaire?”  For those less familiar with the show, its premise was quite straightforward: contestants had to answer 15 consecutive questions correctly to win a million dollars. When contestants found themselves stuck, they were granted three valuable lifelines. These lifelines included “50:50,” […]

Understanding Medicare Open Enrollment: Who, When and How

Medicare, the healthcare lifeline for millions of Americans aged 65 and older, or with certain disabilities, is bolstered by an annual open enrollment period. During this time, beneficiaries can modify, renew, or enroll in Medicare Part C (Medicare Advantage) and Medicare Part D (Prescription Drug) plans, ensuring they have the coverage that best meets their […]

43 Years of Annual Volatility

Although most of our Thursday posts typically focus on financial planning tips, it’s challenging to overlook the stock market during periods of turbulence. As of the time of this writing, the S&P 500 has experienced a decline of just over 7% from its intraday peak on July 27th. (Source: JP Morgan Guide to the Markets) […]

2024 Social Security & Medicare Estimates – What to Expect in the Year Ahead

Recent government inflation data suggests that in 2024, Social Security recipients could see a 3.2% cost-of-living adjustment (COLA), as projected by The Senior Citizens League. According to this nonpartisan senior advocacy group, this anticipated increase would boost the average monthly retirement benefit by approximately $57.30. It’s worth noting that The Senior Citizens League’s calculations are […]

How to Choose Between Lump Sum or Pension Payments

Historically, pension plans were the go-to retirement option offered by employers until the 1980s. However, times have changed. According to the U.S. Bureau of Labor Statistics, as of March 2022, pension plans are offered in only 15% of the private industry workforce.  While defined contribution plans, including 401(k)s, 403(b)s, and 457s, have taken center stage […]