We are pleased to announce the College of Financial Planning has granted Kristin Greenleaf the Financial Paraplanner Qualified Professional™ (FPQP™) designation. Individuals who hold the FPQP™ designation have completed a course of study encompassing the financial planning process, the five disciplines of financial planning and general financial planning concepts, terminology and product categories. Additionally, individuals must pass an end-of-course examination that tests their ability to synthesize complex concepts and apply theoretical concepts to real-life situations. All designees have agreed to adhere to the Standards of Professional Conduct and are subject to a disciplinary process. Designees renew their designation every two years by completing 16 hours of continuing education, reaffirming adherence to the Standards of Professional Conduct and complying with self-disclosure requirements.
Kristin has more than 20 years of experience in the financial industry. In addition to providing excellent client service on Rowland Carmichael’s Operations Team, she is also a key player on our Financial Planning Team. In this role, she demonstrates competence in gathering, reviewing and analyzing clients’ financial information and constructing personal financial statements to give our clients a comprehensive picture of their financial well-being. Kristin enjoys building relationships with our clients as she listens attentively to help them achieve their financial goals.
Kristin is married to the love of her life, Michael, has two sons, a junior at Colorado School of Mines and a junior in high school. Their family has two dogs, Steve and Gary. She enjoys cooking, working out and sharing time with friends.
Are you currently receiving Medicare? To help prevent fraud and fight identity theft, Medicare is removing Social Security numbers from Medicare cards. Current Medicare recipients will receive a new card in the mail with a new Medicare number unique to you.
Arizona is scheduled to receive the new cards after June 2018. These will be mailed automatically, so no action is required on your part as long as your address is up-to-date. If you need to update your address, contact Social Security at ssa.gov/myaccount or call 1-800-772-1213.
On March 28th, our clients and staff teamed up to volunteer at Feed My Starving Children. That morning, 185 boxes of food were packed for Mexico to provide 39,960 meals. From these meals, 109 kids will be fed for a year! All progress starts with food.
We learned about a boy named Nelson from Haiti. In the picture on the left, Nelson was 4 years old! He was so sick he could not walk or talk. The picture on the right shows Nelson nourished and back to health 4 years later at age 8. What a difference! We are so happy to help children like Nelson. We look forward to our next volunteer opportunity in the near future.
In 30 years of business, this will only be our third time moving offices. David and I spent the first two weeks of business in temporary offices at 32nd Street and Camelback Road while waiting for our first office to be built. We then spent the next 15 years at 28th Street and Camelback Road before making the move in 2002 to our current office in Old Town Scottsdale. Soon, we will make our way to Scottsdale Spectrum located on the west side of Scottsdale Road and just north of Lincoln Drive.
We will have amenities such as improved parking, a more accessible location, and wonderful views of Camelback and Mummy Mountains from our conference rooms. We are excited about our new location and are confident our clients and visitors will appreciate it too. We expect the move will take place in September and we will keep you updated on our progress.
Rowland Carmichael Advisors continually seeks to better serve our clients. We are pleased to announce our new hours of operation effective Monday, April 2, 2018. The new hours are 7:00 a.m. to 4:00 p.m. Monday through Friday. The change will help to accomplish our desire to better represent the industry’s east coast hours.
If you have any questions or concerns about our NEW office hours please call us at (480) 421-2660. Thank you for the opportunity to serve you. We appreciate your continued confidence.
Massive computer hacks and data breaches are now common occurrences. Now, more than ever, it is important to safeguard yourself against identity theft. Here are some steps you can take to protect your personal and financial information.
Maintain strong passwords
Use strong passwords and keep separate and unique passwords for each account or website you use.
Check yourself out
It’s important to review your credit report at least once a year and make sure that all the information in it is correct.
Consider a fraud alert and/or security freeze if necessary
If you discover that your personal and/or financial information has been exposed to identity theft, you should consider placing a fraud alert and/or security freeze on your credit report.
Stay one step ahead
The best way to avoid becoming the victim of identity theft is to stay one step ahead of the identity thieves. Here are some extra precautions you can take to help protect your sensitive data:
- Consider using two-step authentication.
- Beware of emails containing links or asking for personal information.
- Be careful when you shop. When shopping online, look for the secure lock symbol in the address bar and the letters https: (as opposed to http:) in the URL.
- Beware of robocalls. Criminals often use robocalls to collect consumers’ personal information and/or conduct various scams.
Click here for link to full article.
You may recall when you receive a Meeting Summary Memo (MSM), the phrase “contact us with any changes.” When should I contact Rowland Carmichael to let them know of a change in my situation?
Some events that might trigger a review of your financial plan include:
- Your goals or time horizons change
- You experience a life-changing event such as marriage, the birth of a child, health problems, or a job loss
- You have a specific or immediate financial planning need (e.g. drafting a will, managing a distribution from a retirement account, paying long-term care expenses)
- Your income or expenses substantially increase or decrease
- Your portfolio hasn’t performed as expected
- You’re affected by changes to the economy or tax laws
Don’t wait until you’re in the midst of a financial crisis before reaching out to us. If you have any questions or require additional information, please do not hesitate to contact your wealth manager.
On December 22, 2017, President Trump signed into law the Tax Cuts and Jobs Act, a sweeping $1.5 trillion tax-cut package that fundamentally changes the individual and business tax landscape. Some of the major changes included in the legislation that affect individuals are summarized in the link to the document here. These changes create tax planning opportunities. Please consult with your tax adviser to discuss how you can maximize your tax savings.
It has been my experience that life is 10% what happens to us and 90% how we react to it. In other words, we can’t control what life throws at us, but we can control how we respond. We are in charge of our attitude. Those individuals who have a positive attitude are much easier to love, honor and respect. I want to be the person who sees the “glass that is half full, not half empty.”
I know in my life, when I begin each day with a grateful heart, the events of the day seem to go better. One of the ways I express my gratitude is through serving others. Not only does it help the greater good of the community in which I’m serving, but I have found that volunteering is also a guaranteed path for greater joy in life. In fact, there is even a website to help you discover the right volunteer opportunities available for you: VolunteerMatch.org. One of the not-for-profits that we serve pointed me to this resource. I encourage you to login and check it out. You can search opportunities by cause, interest, location or keyword. Another similar website is JustServe.org.
The joy that comes from serving others is real, enriching and lasting. I would enjoy hearing from you about your volunteer activities and the benefits of putting others before yourself. You can reach me at: firstname.lastname@example.org.
Rowland Carmichael is blessed to work with families aspiring to influence and impact their communities both locally and worldwide. Generosity alone is rarely sufficient if you want your charitable giving to make a difference. This process is often confusing and can be very emotional. Many families choose to start and manage family foundations, often working directly or jointly with institutions that share foundation goals and impact initiatives.
When considering if a foundation is the right avenue for your family, a great place to begin is reading Give $mart: Philanthropy that Gets Results by Thomas J. Tierney and Joel L. Fleishman. This book gives a well-rounded look at starting, managing and transitioning foundations and covers a myriad of case studies and lessons learned in dealing with both successful and unsuccessful attempts to “give smart.” We often recommend families review and discuss the important lessons learned in this book before venturing down the path of starting a foundation. Forethought is encouraged regarding the foundation’s mission statement, the priority for gifting initiatives, and the extent, if any, to which future generations will be involved through the Family Office. If you are interested in exploring the use of family foundations and employing intelligent governance, we welcome an open and honest conversation around how you want to live and leave a legacy.