Category Archives for "Wealth Management"

Oct 16

DOL Proposed Rule Change Brings Awareness to Sustainable Investing

By Steven Smith | ESG Investing , Financial Lifestyle , Investment Management , Mountain Lifestyle , Peak Thoughts , Wealth Management

The current US Department of Labor (DOL) has a bone to pick with sustainable investing; what is now colloquially called Environmental, Social & Governance or ESG investing. On June 23, 2020 the DOL issued a proposed rule that would limit the use of investments that consider ESG factors in retirement plans subject to ERISA, such […]

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Oct 02

Preparing for Short-Term Election Volatility

By Steven Smith | Financial News , Investment Management , Peak Thoughts , Political News , Uncategorized , Wealth Management

What’s better for investors, Republican Presidents or Democrat Presidents? It’s a trick question. First, because in general, over the long run, it doesn’t matter. While some data correlates Democratic administrations with stronger markets since the end of World War II, there is no evidence of a cause and effect relationship. And this nifty interactive exhibit […]

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Oct 10

Dreaming of a Mountain Retirement

By Steven Smith | Financial Lifestyle , Life Transitions , Mountain Lifestyle , Peak Thoughts , Retirement , Wealth Management

Do the mountains call you for your dream retirement? Many people, including most of my clients, aspire to retire to the active lifestyle, fresh air and natural beauty of the Colorado mountains. What will it take to achieve that dream?  Here are some considerations for planning your mountain retirement: Follow Your Dream        […]

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Nov 16

The IRA Charitable Rollover – Laserlike Tool for the Seasoned Philanthropist

By Steven Smith | Peak Thoughts , Philanthropy , Tax Planning , Uncategorized

‘Tis the season…for charitable giving. In our last post, we discussed the basics of the new tax law, its possible effects on charitable donations and the concept of “bunching” and a Donor Advised Fund as a workaround. Today we address the IRA charitable rollover – or, more technically, the qualified charitable distribution (QCD). IRA Goes […]

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Nov 06

Regaling the Donor Advised Fund – The Swiss Army Knife of Charitable Giving

By Steven Smith | Peak Thoughts , Philanthropy , Uncategorized

Nothing sharpens the mind like a deadline. Sometime around Halloween, when we have a couple of months left in the year, we begin to think in earnest about our charitable giving. On account of the charitable contribution deduction on Schedule A of the 1040 individual income tax return, many taxpayers scramble to complete their charitable […]

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Sep 07

Fidelity’s Zero Cost Index Funds – Much Ado About Nothing?

By Steven Smith | Investment Management , Meanderings , Wealth Management

On August 1, 2018, Fidelity Investments, by introducing two zero-management fee index funds, seemingly fired a shot across the bow of the 18th century vessel that is Vanguard’s vaunted logo. For over forty years, Vanguard, the shareholder-owned behemoth has led the way in reducing the cost of investing to a level approaching zero. The Admiral […]

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