Time to Read: 6 Minutes During my career spanning 25+ years in the financial services industry, I’ve noticed the risks you don’t see coming are always the ones that seem to have the biggest impact on the financial markets. One such risk appeared last week: Three US banks collapsed because of the fastest central
Time to Read: 3 Minutes The SECURE 2.0 Act of 2022 makes it easier to accumulate retirement savings at every stage of the financial journey. But the Act also took steps to potentially enhance retirement savings for those close to or in retirement. Required minimum distributions (RMDs) can be burdensome from both an income
Time to Read: 5 Minutes Growing your business across every measure is the priority for business owners, no matter their stage. Just starting out and working to be revenue-positive or coping with early income In the mid-stage and building your strategy and tactics for long-term growth Late-stage revenue maximization for exit planning Every stage
Time to Read: 7 Minutes At BWM, we have said multiple times over the last year that parts of the US economy are likely already in a recession. To see examples of contraction in key areas of the economy, investors need to look no further than recent layoffs in the technology industry, a massive
Time to Read: 7 Minutes So what even is a defined benefit plan? The defined benefit plan is a lesser-known retirement savings strategy that many business owners can implement in their business, in addition to the 401(k) plan, which is a type of defined contribution plan. Defined benefit plans are more complex than a
Time to Read: 2 Minutes 2022 market overview, housing and labor market weighing on crowd sentiment, Fed announcements, and inflation remain at the forefront of investors’ minds as the market continues to be confusing for economists. In our latest webinar, BWM Financial President Jeff Brown discusses the latest inflation data, how the Fed is
Time to Read: 8 Minutes In our latest webinar, we discussed key factors we consider when determining if a market bottom has been put in, including: Oversold conditions Rally Retest of the lows Breadth thrusts Here we take a closer look at breadth thrusts and four macro events in November that could spark a
Time to Read: 8 Minutes The choice of a corporate structure for a business has many consequences: a crucial impact on the business’s taxes, your ability to raise funds, the paperwork you must file, and perhaps most important, your personal liability. Fortunately, you can change your mind and convert to another business structure later
Time to Read: 7 Minutes Many high earners want to know what strategies they can implement to help reduce the tax burden caused from large, unwanted required minimum distributions (RMDs) in retirement. In Part 6 of a 7-part series, “Tax Saving Strategies for High Earners,” we break down what you need to know about
Time to Read: 7 Minutes A little-known tax rule for people who own their employer stock in their 401(k) is Net Unrealized Appreciation (NUA). Electing NUA is often promoted by retirement planners as a smart tax savings strategy. Here in San Diego, we’ve helped clients from companies with highly appreciated stock, such as SAIC,