It’s January, when we all receive scads of year-in reviews. While it might be fun to look back at 2013, it was a very good year for equity investments, with US stocks helping lead the way, it’s more instructive to go back further.
News, Stories, and Events related to your wealth, assets, and investment management
This year brings good news and not-so-good news for taxpayers. the good news is that many lower-and middle-income taxpayers are likely to be unaffected by the majority of tax law changes taking effect in 2013. The not-so-good news: For those who are affected (primarily higher-income taxpayers), the changes enacted will probably result in you having a larger tax bill than last year, making it especially important that you meet with your tax professional and Financial Advisor as soon as possible. But even if you’re not affected, you need to consider strategies now to help reduce how much you send the IRS in April.
What you should know before you buy
October’s Power of the Purse educational element is Exchange Traded Products. As a follow-up to our event discussion we are posting this guide from First Clearing (our custodian). The guide below provides an overview of the various types and structures of exchange traded products and some of the characteristics of each. It also describes some more complex forms of Exchange Traded Products. Upon review if you have any questions please feel free to contact us.
At Q4 Wealth Management, we have a very thorough step-by-step process set to keep clients on track through our comprehensive wealth management model. Our process begins with what we term a “Discovery Meeting” and then utilizes regular progress meetings, rediscoveries and working with an “Expert Team” to evaluate and plan for our client’s needs.
What is the Discovery Meeting?
The Discovery Meeting is an essential component to beginning our process. The Discovery Meeting is a two-way conversation about the client’s values, goals and objectives and helps us move through our process of determining the best course for each individual client. Q4 Wealth Management does not have a blanket plan for all clients; instead, we create individual plans that are tailored specifically to the needs and desires of each client.
What comes after the Discover Meeting?
The next step of our process is a diagnosis of the client’s current situation, creation of a strategic investment plan and the various steps that will help the client achieve their goals. Once our strategic investment plan has been created, we present it to the client and move forward to a commitment of working together to put the plan in motion.
The 45 Day Review.
Our 45 Day Review is an opportunity for us to review the transition process while answering any questions the client may have. Our goal is to make the process as stress-free and comfortable as possible. At this time we will also be doing a comprehensive evaluation of investment, tax, legal and insurance needs.
Working with an Expert Team.
We provide each client with a team of highly experienced professionals specializing in key financial areas. This team will meet regularly to evaluate and plan for the client’s needs.
As the process continues, we have regular Progress Meetings.
Our regular progress meetings allow us to review progress against the client’s goals and objectives. We then determine and implement adjustments to the wealth management plan in order to invoke more progress.
Here is a visual representation of our process:
Q4 Wealth Management joins WomenGive as a Business Member in order to support women and children in Larimer County.
“We decided to join WomenGive for many reasons; the greatest of all is our strong belief in becoming self-sufficient and being able to care for yourself and others,” said Kris Clagett, Co-Owner and Financial Advisor at Q4 Wealth Management. “As one of three daughters, I was raised with the values of a strong work ethic, education, and self-sufficiency. Now, raising three daughters with my husband, we strive to instill those same values in our girls as they become young women and head out into the world.”
Since its foundation, WomenGive has awarded 267 childcare scholarships and has had 55 WomenGive graduates. WomenGive relieves the financial burden of childcare to single mothers who are furthering their education in order to become self-sufficient. WomeGive Business Members are businesses who have committed to donate $1,000 or more annually to the program.
Clagett added, “Life doesn’t always go according to plan and we have been blessed that when we hit a detour we were surrounded by supportive family and friends. We also had our education and careers to get us back on our path to achieving our goals. The women that WomenGives assists deserve all the support we can give them in order for them to achieve their goals while caring for their families. Their stories are inspirational and they are true heroes in my book.”
WomenGive is a partnership between United Way of Larimer County and The Women’s Foundation of Colorado. The Women’s Foundation of Colorado addresses the public policy issues related to self-sufficiency and United Way of Larimer County brings the leadership, resources and knowledge-base of the nonprofit community to this important work.
WomenGive provides financial assistance for childcare to single mothers attending college. The cost of childcare is a major barrier to self-sufficiency for women and girls in Larimer County.