Ride the Rate Slide
Since the Federal Reserve’s (Fed) rate hike campaign began in March 2022, interest rates have been the center of attention. From Wall Street to the family next door, everyone has felt the pressure of rising rates as the Fed tightened the screws on the economy to slow inflation. One of our clients recently shared… Read more Ride the Rate Slide
Q1 2024 Market Commentary + Outlook
Executive Summary The S&P 500 rose 10.6% during the first quarter of 2024, with nearly all the index’s underlying sectors gaining thanks to robust consumer spending, better than expected corporate earnings, and the anticipation of interest rate cuts later this year. The Federal Reserve (Fed) held rates steady during Q1 as inflation proved stickier than… Read more Q1 2024 Market Commentary + Outlook
Aldrich Wealth Announces Heather Wonderly as Incoming CEO
Aldrich Wealth, a registered investment (RIA) advisor with over $6B in assets under management (AUM) and ranked nationally as the 13th largest wealth manager associated with a CPA firm, today announced Heather Wonderly as President and Chief Executive Officer to assume the role in fall 2024. Wonderly will serve as the firm’s second CEO succeeding… Read more Aldrich Wealth Announces Heather Wonderly as Incoming CEO
Demystifying Life Insurance
Harnessing the Viral Power of Short Videos for 401(k) Enlightenment
Tax Loss Harvesting
The twists and turns of capital markets result in winners and losers within investment portfolios every year. For the winners, selling generates a capital gains tax and decreases your after-tax returns. However, as seen most recently in 2022, sometimes funds can also post sizable capital gains distributions in down years, adding insult to injury and… Read more Tax Loss Harvesting
NAPA Recognizes Aldrich Wealth as Top DC Advisor Team
Aldrich Wealth Recognized by NAPA as 2024 Top DC Advisor Team LAKE OSWEGO, OR., MARCH XX, 2024– Aldrich Wealth, a registered investment advisor providing wealth management services to high net-worth individuals and investment management to corporate retirement plans, today announced the National Association of Plan Advisors (NAPA) has identified the firm’s Corporate Retirement Plans’ team… Read more NAPA Recognizes Aldrich Wealth as Top DC Advisor Team
Leverage Qualified Charitable Distributions for Effective Giving
Leverage Qualified Charitable Distributions for Effective Giving Our client, Julie, called us with questions following a conversation with her mom, who was required this year to start taking a required minimum distribution (RMD) out of her Individual Retirement Account (IRA). Julie shared that her mother had calculated the RMD from her IRA for the current… Read more Leverage Qualified Charitable Distributions for Effective Giving
2024 Tax Challenges & Opportunities: A Q&A with Matthew Kanter
2024 Tax Challenges & Opportunities: A Q&A with Matthew Kanter As the 2024 tax season opened in January, @Matthew Kanter, Aldrich CPAs + Advisors senior manager of private wealth tax, discusses commonly asked questions as taxpayers begin reporting their income and deductions on their tax returns. Q: As I completed my tax return this year,… Read more 2024 Tax Challenges & Opportunities: A Q&A with Matthew Kanter
The Corporate Transparency Act’s Potential Impact on Family Offices
The Corporate Transparency Act’s Potential Impact on Family Offices The introduction of the Corporate Transparency Act (CTA) marks a noteworthy shift in the regulatory landscape for small, privately held businesses, including family offices. The CTA, enforced by the Financial Crimes Enforcement Network (FinCEN), mandates the reporting of beneficial owners and applicants, aiming to combat financial… Read more The Corporate Transparency Act’s Potential Impact on Family Offices
Don’t Miss Out; Max Out
Don’t Miss Out; Max Out The phone rang, urgency palpable on the other end of the line. Prompted by a conversation with her neighbor, our client told us she needed to fund her IRA before yearend – it was 4:55 pm on New Year’s Eve.In our line of business, opportunities are dictated by deadlines, so… Read more Don’t Miss Out; Max Out
Aldrich Wealth Appoints Nicole Rice as First Chief Growth Officer
Aldrich Wealth Appoints Nicole Rice as First Chief Growth Officer LAKE OSWEGO, OR (February 1, 2024) – Aldrich Wealth, a registered investment advisor providing wealth management services to high net-worth individuals and investment management to corporate retirement plans, today announced it has expanded Nicole Rice’s role to chief growth officer as the firm continues to… Read more Aldrich Wealth Appoints Nicole Rice as First Chief Growth Officer
