With so many changes passed in the new tax code, it is easy to get confused. Many are asking, “What hasn’t changed in the new tax law?”
Making News…
Congratulations, Mike Salmon!! We are proud to share that our own Mike Salmon has been named to this year’s 10 Young Advisors To Watch feature in Financial Advisor magazine. We’ve always admired Mike’s talents and it’s nice that the rest of the country can get to know a bit about him too.
It is important to us that the firm be able to serve our client families for decades. Mike is a big part of making this happen. We place a special significance on the quality of our team members and the importance of developing young talent as we grow. Explains Mike, “We’re becoming involved with several academic financial planning programs and we’re trying to hire a person per year going forward.” Read the whole profile here.
We frequently produce Q&A columns for Florida Today, Investopedia and MarketWatch, a personal finance website of the Wall Street Journal, as well as pieces for Financial Advisor magazine and others. Here is a sampling from the last three months.
In the News…
Charlie Fitzgerald shared his views on CFP Board’s new standards with the Orlando Sentinel. One important change, effective October 2019, is the CFP Board will now judge its licensees based on whether they adhered to the organization’s fiduciary standard when giving financial advice, even if not engaged in more comprehensive financial planning. It is the first revision of the standards since 2008 and significantly raises the bar of professionalism for licensees. Fitzgerald, who has served on the Board of Directors of CFP Board for the last four years said, “We know it’s the right thing to do. The public needs this, so we’re doing this.”
Charlie has also joined the USF Personal Financial Planning Advisory Council. USF is currently the only Florida university which offers a financial planning degree. The program, headed by Dr. Laura Mattia, is off to a good start with 45 students enrolled.
One of Mike’s responses to a caller to the Orlando Sentinel hotline was featured in the paper’s February 22 edition. Mike helped explain the basics of how part-time work can affect a 68 year old’s Social Security.
Dan was featured in a piece on Wallet Hub about what can be done to improve financial literacy in America. He also contributed to an article about the pros and cons of some of the new asset based long term care products in a Wealth Management article and shared some thoughts on the new CFP Board standards with Physician’s Money Digest and Wealth Management.