August is all about fresh starts, making it the perfect time to think about the lessons that last a lifetime. In this month's newsletter, we explore how financial wisdom, intentional planning, and family values can become your most meaningful legacy. Plus, catch up on market updates, team news, and upcoming BHG events.
What we're watching
Lessons & Legacy: The Most Valuable Thing You'll Ever Pass Down
As backpacks come out of storage and carpool lines return, August has us thinking about lessons—the kind learned in classrooms, and the kind that shape a family for generations.
For the families we serve, the greatest inheritance has never been a number on a statement. It's the wisdom behind it: the values, the discipline, and the quiet decisions that turned hard work into lasting security. Money can be spent in a generation. Financial wisdom, passed thoughtfully from one generation to the next, can endure well beyond it.
So as the school year begins, we'd gently pose a few questions worth adding to your family's syllabus: Have you started the conversation? The next generation rarely learns about wealth by osmosis. A simple, age-appropriate dialogue—about saving, giving, or the story behind your success—often matters more than any document.
Is your 529 strategy making the grade? Whether college is fifteen years away or fifteen months, these accounts remain one of the most powerful tools available, with tax-free growth and generous funding options for children and grandchildren alike.
Do your documents still tell your story? Beneficiary designations, trustees, and estate plans are the mechanics of legacy. It's worth a moment to confirm they still reflect your intentions and your family today.
A little planning now—like a good first day of school—sets the tone for everything that follows. If any of this sparks a thought, we'd love to be part of the conversation.
Market Happenings
As students head back to school, the market is bringing home a strong report card of its own. Corporate earnings continue to exceed expectations, providing an important tailwind for investors. We're also seeing broader participation across the market, with gains extending beyond just a handful of large technology companies.
Like any report card, there are a few areas that deserve attention. Higher interest rates, inflation concerns, and global geopolitical tensions remain on our watch list. Even so, strong economic growth and healthy corporate profitability continue to support the long-term outlook.
For a deeper dive, see the latest Strategas Market Gauge
BHG Tea
A Milestone Worth Celebrating: Alex Turns 30
We have a big birthday to celebrate, Alex Phillips is turning 30 this month! Alex has become an incredibly important part of our team, and his milestone is a reminder of what we're value at BHG: a team of good people who care deeply, put others first, and are committed to doing the right thing. By spanning generations, we can provide the continuity and trusted relationships our clients count on for years to come. Please join us in wishing him a very happy birthday.
Thank you Kate
We'd like to give a big thank you to Kate Cowser, our summer intern. Kate has been a fantastic addition to the team and has made a real impact behind the scenes over the last few months. We're grateful for all of her hard work and wish her the very best as she heads back to school.
Save the Date: Light the Night, September 24 2026
This event is especially meaningful to our team and our families, and we're looking forward to another great year supporting Blood Cancers United.