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You can find reports from our Investment and Research team, timely and informative financial planning topics from our Wealth Management team, and deeper dives on various important topics in our white papers from any team member. Read online, share with friends, or download for your convenience.

It seems that every American generation since the baby boomers have adopted the same complaint at some point in their working career. It is typically something along the lines of, “My generation will be the first one to pay into Social Security and never be able to draw a check from it.” While generations in the past have all successfully recouped the money that they paid into the system, this complaint now seems to be becoming more of a reality.

White Paper by Luke Nicholas, CFA Portfolio Manager

While the 1960s will always be remembered for free love and peace signs, the ‘80s for bad hair and the ‘90s for the rise of the personal computer – the 2010s may very well be remembered for something far different – record low interest rates. Low interest rates have impacted consumers and financial markets in a myriad of ways over the past decade. I will review some of those impacts, re-introduce the now famous acronym TINA and discuss whether this low interest rate era may finally be coming to an end.

Click here to view the complete white paper. 

 

With home values up significantly from what they were a decade ago, many people are considering selling their homes. This a perfect opportunity for us to remind potential sellers that this doesn’t mean the tax savings accumulated over the years will be lost, but only if purchasing a new primary home within two years’ time. Florida’s Save Our Homes provision allows the ability to carry accrued property tax savings from one piece of property to another, up to $500,000. This is what the State of Florida refers to as “portability.” 

KBFS Bio RaymondThis spring, we were excited to announce Helen Raymond’s promotion to Senior Operations Specialist. After nearly 14 years as a key member of the Allegiant team, we know you’ve come to know Helen professionally.  We thought now was the perfect time to also ask her to share a little more about herself so you could get to know her personally as well.  Here is Helen in her own words…

I was born and raised just outside of Boston, MA., and was blessed with a wonderful childhood when no one ever had to lock their doors, parental supervision was not a necessity, kids played in the streets, and we made up our own fun (no handheld devices, computer games, Facebook, Twitter, etc.). Ahhhh…those were the days! I’m sounding old, I am!! The middle child of three and the only daughter, I was a girly girl. Ballet, flute and oboe became my extracurricular activities. I even found myself playing tuba in the high school marching band - carrying the “H” as we spelled out our town’s name, “NEEDHAM.”

Upon high school graduation, I went to a small college to pursue a career in teaching. While there, I continued my love of dance as a member of the dance team. Unfortunately, by the time I graduated, teaching jobs were few and far between and like so many “wanna be” teachers, I ended up in the world of insurance as a life insurance underwriter…go figure! Back in those days, companies were skeptical about hiring someone that young, fearing I would get married, start a family and quit work shortly after being hired. Well, in this case they were right. I married my high school sweetheart, moved to Connecticut, and started a family.

June 2018: A Letter from Martin J. Kossoff, President

Clients have recently given me feedback requesting a helpful explanation of our company’s structure and addressing our plans for future growth.  I absolutely agree with that recommendation, and it’s also a good time to step back and review where we’ve come from. Allegiant Private Advisors has grown significantly, which was our strategic purpose, and always with a focus on excellent client service and ease of interacting with us. Because of our growth, we now have many more capabilities and service offerings for you than ever before, and more talented staff to work with.

Our growth was driven by two factors: receiving referrals from existing clients of new friends and family that wanted to talk to us; and second, a desire to expand our capabilities so that we could offer deep, comprehensive financial planning advice. Let me quickly recount where we’ve been and where we are today, and how each Allegiant client can take best advantage of everything we have to offer.

Coming into this year, tax reform looked to be the catalyst we needed to kick-start economic growth after years of lethargic growth. Shortly after these benefits were seemingly on their way to being realized, the president began his first round of tariff threats on goods from our biggest trade partners.

With summer travel season approaching, many people are wondering whether they are getting the most out of their credit card points and benefits. In recent years, many credit cards have added travel-related perks such as travel insurance, lounge access (notice how crowded those “exclusive” lounges now are?), and free or discounted checked baggage. Knowing the points calculations, benefits, and fees of the top travel-related credit cards can help you get the most out of your travel spending. Here is a quick review of some of the more popular cards our clients use. 

Investing for a successful financial future often begins by making sure there is very accessible, liquid money available for unexpected expenses in some type of emergency savings account. Astonishingly about 60% of Americans cannot afford to cover even $500 of unforeseen expenses. Of the remaining 40%, 21% have to resort to debt to cover their emergencies1. Clearly an established emergency savings fund not only is the basis for a solid financial plan, but it can also prevent individuals and families from dipping into retirement savings and increasing debt.

As mentioned in previous “Charts of the Week,” household debt service costs are on the rise. Large debt balances along with increasing interest rates are making it more difficult for consumers to make debt payments. This week’s chart measures the six-month change in Google searches related to topics of financial stress.