Pursuing a better investment experience
At the end of every year, mutual funds distribute capital gains and dividends. Looking at any part of the portfolio in isolation can cause confusion, and this is especially true when reviewing account statements around distribution dates.
Siena Investments to open additional location in Williamston yet this year.
After reaching all-time highs on January 26, 2018, the Dow Jones Industrial Average and the S&P 500 went into a two-week slide that saw both stock indexes drop by more than 10%, a decline that is typically considered a market correction.
Prior to Feb. 2, the stock market had been through a remarkably tranquil period. Since that date, the U.S. stock market has experienced multiple days with drops of 2 percent or more in a short period of time.
The Tax Cuts and Jobs Act, a $1.5 trillion tax cut package, was signed into law on December 22, 2017. The centerpiece of the legislation is a permanent reduction of the corporate income tax rate.
At the beginning of 2017, a common view among money managers and analysts was that the financial markets would not repeat their strong returns from 2016.
On December 22, 2017, President Trump signed into law the Tax Cuts and Jobs Act, a sweeping $1.5 trillion tax-cut package that fundamentally changes the individual and business tax landscape.
By pursuing a globally diversified approach to investing, one doesn’t have to attempt to pick winners to achieve a rewarding investment experience.
We have data for 91 calendar years (or 1,092 months) of U.S. investment returns over the period 1927 through 2016. The average monthly return to the S&P 500 has been 0.95%, and the average quarterly return was 3.0%.
Whether you’ve been investing for decades or are just getting started, at some point on your investment journey you’ll likely ask yourself some of the questions below. Trying to answer these questions may be intimidating, but know that you’re not alone.
Nationally Recognized Investment Firm
For the 8th straight year, Siena has been included on the list of Top CPA Wealth Advisory Firms by Assets Under Management by Accounting Today magazine. Siena is included in the “100 Million Plus Club” classification on the list. We are one of only five investment advisory firms in Michigan on the 2017 list.
What makes us different
Fee-Only, Fiduciary Advisors
Our highly educated and experienced advisors provide fully integrated and individualized investment solutions. These solutions are implemented in a completely independent environment free of conflicts of interest, i.e. commissions.
Integrated Financial, Tax, Estate and Business Advisors
Siena Wealth Advisors develop individually designed long-term strategies for your entire financial, tax, estate and business matters.
Siena REtirement Plan Services
Siena retirement plan services helps businesses run their retirement plans differently. We place your success above all else. Put your employees' retirement goals within reach.
The Siena Advantage
Maximizing tax efficiency is essential. Siena develops strategies and focus fund selection to maximize deferral of capital gains and reduce your annual tax exposure.