The Compass Needle
From Our Team - January 2018
The Holiday Season is in full force. Are you someone who might not have their shopping done yet? You’re not alone! While it’s easy to put these kinds of chores off until the last minute, procrastinating on those chores of the financial variety can have much greater impact on your financial future. A key to maintaining an effective financial plan is keeping us up to date on any major developments in your life. Let’s hit the ground running in 2018 and let us know if there’s anything major we need to know before we reach the 11 th hour! Hey – this has the makings for a pretty good new year’s resolution.
To those clients that participate in the PPS Custom accounts, there will be an upcoming exchange of all current share class funds into more favorable share class funds for the positions your currently hold. After a much anticipated industry change most of the fund companies have created newer lower internal expense shares to meet standards applicable to the DOL Fiduciary rule. What does this mean to you? This is a benefit to you. It will lower the internal expenses of the funds. It will NOT cause any taxable issues. You will see the exchanges happen on a total account basis. If you have any questions please feel free to contact our office.
We are in the business of providing financial guidance, asset management, and insurance services. Numbers! Numbers! Numbers! Dollars! Dollars! Dollars! The reality of what we aim to provide everyone we work with actually goes beyond the numbers and dollars; choosing us to help manage financial matters gives more time to experience the true wealth of family, friendship and all of life’s other priceless gifts. Yes, the market had a great year, but stocks, bonds, rock & roll aside, PLEASE make sure you take time over the next few weeks to simply enjoy the moments that make life truly rich!