This month’s BHG Beat begins with a critical planning conversation around long term care and the often overlooked risks of assuming those costs can be self funded. We then turn to the broader market environment, where first quarter earnings continue to reflect resilience beneath the headlines. Finally, we highlight timely developments shaping investor attention, including energy trends and the anticipated SpaceX IPO.
What we're watching
Long Term Care - Risk of self funding
This month, we focus on long term care planning—an often overlooked area that plays a critical role in protecting your lifestyle, legacy, and family peace of mind. While long term care insurance isn’t right for everyone, assuming care costs can simply be self funded is rarely a true strategy. Our feature explores why even substantial wealth doesn’t eliminate long term care risk, includes a real world case study, and highlights new data worth careful consideration.
Read more on our planning Insights page
Market Happenings
Despite ongoing geopolitical concerns and volatility in energy prices, corporate fundamentals remain resilient. First quarter earnings results have been strong, with every sector of the S&P 500 exceeding revenue expectations and earnings growth coming in well above early year projections. Rising earnings estimates suggest the market is not viewing current challenges as structural or long lasting.
Recent research from RiverFront, titled “Hope Beneath the Headlines,” highlights the U.S. economy’s increased energy independence compared to prior decades. This shift has helped the economy absorb recent oil shocks more effectively than many expected, reinforcing a more constructive outlook beneath today’s headlines.
Read Hope Beneath the Headlines from Riverfront
BHG Tea
This month, we’re celebrating a special milestone for Larry Lagerberg, as he turns 60 . In true Larry fashion, he’s marking the occasion with both purpose and adventure: taking on a 180-mile ride from Seattle to Vancouver this summer. It’s a meaningful reflection of his energy, discipline, and the way he approaches both life and his work.
Larry’s steady presence, thoughtful perspective, and genuine care for those around him make a lasting impact on our team and the clients we serve. We are grateful every day to have him alongside us.
Please join us in wishing Larry a very happy 60th birthday and cheering him on as he takes on this incredible ride
Administrative Reminders
Your 2025 Tax Return: More Than Just Filing
Your tax return isn’t just a requirement—it’s an opportunity.
As part of our complimentary Tax Return Review, we can help identify ways to keep your plan proactive and tax-efficient. While we don’t prepare tax returns or provide tax advice, we use this review to strengthen the decisions we make together.
We may uncover opportunities to improve tax efficiency, optimize retirement strategies, and better coordinate with your CPA.
Simply send us your completed return securely through Baird Online, by mail, or in person...we’ll take it from there.
BHG Experts Unplugged Featuring Corliss Taylor:
Thank you for joining us for a truly engaging conversation with Corliss Taylor, Director at Baird Trust. We’re excited to share the full replay and additional resources are available on our Past Events & Replays Page
May Office Hours Update
Our office will close early on Friday, May 22 and will be closed on Monday, May 25 in observance of Memorial Day. We pause to honor and remember the brave men and women whose service and sacrifice have made so much possible.