Pursuing a better investment experience
The Tax Cuts and Jobs Act (TCJA), which passed in December 2017, made fundamental changes to the U.S. tax code, and 2018 returns were the first time most taxpayers could see the practical impact of these changes.
Almost every client we talk with emphasizes one primary, overriding goal: having enough money in retirement. Most do not know how much money they need to save, or the planning process to get there. To provide the answers, we work collaboratively with clients to develop an overarching spend-down strategy designed to minimize taxes in their retirement and legacy plans.
The first decision you make with respect to your portfolio is its asset allocation, or the mix of stocks and bonds. This initial step is based on your tolerance for risk and the amount of risk you need to take to achieve your life and financial goals.
Once you’ve selected the appropriate asset allocation for you, the second decision you’ll need to make is one about asset location
How much is enough? It’s a broad question, yet it’s easy to find specific guidance on the amount of money you need to achieve a fulfilling retirement. Tim Maurer says instead of chasing an arbitrary figure, start by asking a better financial-planning question: What do you want out of life?
Dimensional founder David Booth shares his perspective on the value of professional advice. In an uncertain world, the right financial advisor can help you determine the best overall investment approach.
French economist Louis Bachelier long ago remarked: “Clearly the price considered most likely by the market is the true current price: if the market judged otherwise, it would not quote this price, but another price higher or lower.”
Investment fads are nothing new. When selecting strategies for their portfolios, investors are often tempted to seek out the latest and greatest investment opportunities.
After logging strong returns in 2017, global equity markets delivered negative returns in US dollar terms in 2018. Common news stories in 2018 included reports on global economic growth, corporate earnings, record low unemployment in the US, the implementation of Brexit, US trade wars with China and other countries, and a flattening US Treasury yield curve.
As much as I value the unfettered access to information the internet provides, I recognize the potential harm that too much information can cause.
The holiday season is supposed to be about good cheer. Given the economic news, you might think investors would have plenty to be cheerful about.
Top 150 Investment Firms In the United States
Since 2010, Siena has been nationally recognized on the list of 150 Top CPA Wealth Advisory Firms in the United States 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 2018 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.