The month of October brought us some silver linings amid a tough year for the markets. With Medicare premiums decreasing, along with the biggest hike in Social Security benefits in over 40 years, things may be starting to look up. Additionally, we have some insight on college education ROI, mental health and money, mansion mortgages, and more in these Wealth Enhancement Group media appearances.
Market News & Strategy:
- Keep the U.S.-Centric Strategy. Wealth Enhancement Group Senior Vice President and Financial Advisor Nicole Webb discusses her outlook of the market and investment strategies going forward in this Bloomberg Television feature, Wealth Enhancement’s Webb on Markets and Strategies.
- Medicare 2023 Part B Premiums Are Decreasing Slightly. Find out what Wealth Enhancement Group Senior Vice President Brian Kuhn says about how this change will affect Social Security income in this U.S. News & World Report, Why Seniors are Getting a Large Social Security COLA in 2023.
- 8.7%, the Biggest Hike in Social Security Benefits Since 1981. Paul Brahim, Wealth Enhancement Group Senior Vice President, speaks more on this topic in an interview with Pittsburgh Action News. Watch the full video here: Financial Expert Speaks About Social Security Increase.
- “It’s Time to Pay Attention.” Words of advice and more from Nicole Webb, Wealth Enhancement Group Senior Vice President, on this FOX Business, Making Money with Charles Payne interview. Watch the video here: Americans Preparing for Retirement Should Get Out of Target Dates Funds.
- There Is Still Strength and Resilience in the American Consumer. Wealth Enhancement Group Senior Vice President Nicole Webb discusses her outlook on U.S. markets and strategy in this interview with Bloomberg: Wealth Enhancement’s Webb on Markets Outlook.
- There Doesn’t Seem to Be Many Positives Accompanying New SEC RIA Outsourcing Rules. Hear more from James Haynes, Wealth Enhancement Group Director of Compliance, in this ThinkAdvisor feature: Execs Blast SEC’s RIA Outsourcing Rules Plan as ‘Solution in Search of a Problem’.
Company Updates:
- “We’re thrilled to partner with a firm that is committed to meeting the unique needs of the independent wealth management community,” said Wealth Enhancement Group CEO, Jeff Dekko. Learn about our new partnership with CAIS and a new “tailored menu” of diversified investment products that comes with it in this Wealth Management feature, Wealth Enhancement Group Partners With CAIS to Expand Alts Access.
- The collaboration of Wealth Enhancement Group’s Roundtable™ team of experts has proven to be valuable for clients of Senior Vice President Mark Cortazzo. Hear more about his decision to merge his own wealth management firm with Wealth Enhancement Group in this WealthTrack interview: Cortazzo: Professional Leap.
- “Valuations are already getting tempered in the RIA space and beyond,” Jeff Dekko, Wealth Enhancement group CEO, said while participating in a deal-making panel at Citywire RIA’s Austin retreat. Read more from other panelists here: What do falling markets mean for RIA deals? Focus, Mercer and WEG Execs discuss.
Figure 1: Wealth Enhancement Group CEO, Jeff Dekko, participates in CityWire RIA dealmaking panel
Source: CityWire RIA
The More You Know:
- The ROI from a College Education Has Been In Steady Decline for a While. Wealth Enhancement Group Senior Vice President and Financial Advisor Nicole Webb explores the idea that college is not the only way to a financially stable, prosperous life. Get her full take in her CNBC FA Playbook feature, 'Is college even worth it?’ It’s certainly not the only path to a successful career.
- Tax Planning Advice Often Doesn’t Come from the Tax Professionals. Gary Watts, Wealth Enhancement Group CFP, gives you the reasons why in this Financial Services Review article, Why Your Clients Aren’t Getting Tax Advice from their Tax Professional.
- Society Puts A Different Spin on the Relationship Between Mental Health and Money. Wealth Enhancement Group Regional Vice President & Financial Advisor T.J. Williams offers three steps to feeling more financially secure in this CNBC Make It feature: 42% of Americans Say Money Negatively Impacts Their Mental Health. Here’s What an Advisor Suggests for Financial Security.
- “There are no bad options when it comes to deciding how to finance something, there’s just a bad option for you,” said Wealth Enhancement Group Regional Vice President T.J. Williams in this Mansion Global feature, The Keys to Avoiding a High Mortgage Rate for Your New Mansion.
- There Are Many Benefits That Can Come with Saving Early for Retirement. Read more about Why Gen Z is Saving More for Retirement, featuring Wealth Enhancement Group Senior Vice President Brian Kuhn.
- Understanding the Taxation of Annuities Can Lead to Bigger Financial Benefits. Ryan McKeown, Wealth Enhancement Group Senior Vice President, discusses the value of annuities and the “exclusion ratio” in this Forbes feature, Understanding Annuity Taxes.
- The 40-Minute Break Is Critical During the CFP Exam. Wealth Enhancement Group Financial Planner Courtney Huge offers recommendations to those preparing for the CFP exam and more in this U.S. News & World Report, CFP Exam 101: Everything You Need to Know to Pass the CFP Test.
Our Roundtable™ Team is Here to Help
With changes in the market directly affecting retirement income planning, tax strategies and preparation, investment management, and more, our Roundtable™ team of experts are here to help you make the best decisions for your financial future. Discuss your next market strategy move or learn more about one of the financial topics above by requesting a meeting with one of our experts today.
This information is being provided as a general source of information and is not intended as a recommendation to purchase, sell, or hold any specific security or to engage in any investment strategy. The opinions are subject to change at any time and no forecasts can be guaranteed. Investment decisions should always be made based on an investor’s specific objectives, financial needs, risk tolerance and time horizon.