Wow! Here we are at the end of January 2025. If you’re like me, you’ll still be writing about 2024 for another month. January is now behind us, and as usual, it felt longer than 31 days.
This week, we were honored to host Max Mann, CFA, CMT, and Portfolio Manager at Specialized Asset Management (SAM), for our first Experts Unplugged event of the year. Max shared their 2025 outlook, echoing the cautious optimism from our previous biweeklies. Our biggest takeaway? Their team's insights on potential tariff impacts, based on recent discussions with CEOs at Baird’s 54th Annual Industrial Conference in December (full report here). The consensus: many companies grappled with tariffs back in 2018, and with that recent experience, many feel well equipped to leverage the knowledge gained to absorb and weather what may be ahead. Listen to the full replay on our website by clicking here.
A quick summary of our discussion with Max: The market has continued its upward momentum from 2024, though we remain watchful for an overdue pullback. While we trust the fundamentals, we stay disciplined in applying our investment principles. We acknowledge the market’s cautious optimism but remain wary of chasing performance. Our approach stays anchored in individual goals, not trends. As always, we’ll keep you updated with any key developments.
Finally, as we monitor your financial plan and the markets, we know you’re also preparing for tax season. Check out the resources below to ensure a smooth and successful filing.
Thank you for your trust and confidence. Until next time, Take Care.
Tom, Kelly, Alex, Amanda, Jesus, Larry, & Rachael
Preparation for your 2024 Tax Planning
Tax season is upon us! Please access our Tax Information Guide for details about our mailing schedule, time saving tips and tax document download information.
QCD Letters: Did you issue a QCD from your IRA in 2024? If so, please be on the lookout for a letter documenting the transaction(s). Attach this information to your 1099R to ensure proper reporting.
If you’d like us to send a copy of your tax documents directly to your CPA, please click here to provide your CPA’s information and to ensure we have their most up-to-date contact information.
Multi-Factor Authentication (MFA)
Beginning in February, clients will be required to set-up multifactor authentication to access your account information online. This enhanced security feature is designed to protect your personal and account information. Please ensure your phone number on file is current to prevent any disruptions and avoid access issues. To update your phone number through the portal, login and navigate to settings to update your phone numbers.
Parkinson's Foundation FundraiserS
We are thrilled to participate in TWO events to raise money for the Parkinson's Foundation. Please save the below dates and join us for either or both!
February 22nd 2:15 | Parkinson's Revolution Cycle Bar
March 8th 2:00 | Pickleball 4 Parkinson's
*more info to come next week*