Client Conversations

I wanted to share four common conversations we're having with clients lately. While the market environment has been a gift to those still accumulating assets, it's been difficult for those in or approaching retirement. In spite of that, there are opportunities everywhere.

1.) Maximize cash

As I write this, some Treasury Bills are paying higher rates than they have in years. Consider if moving some cash into this investment vehicle is right for you. 

2.) Intermediate opportunity

Over the past several years, in large part due to low interest rates, it has been difficult finding what I call 'middle of the road' opportunities for clients. Today, that's changed. I've seen short & intermediate-term government/corporate bond ladders with competitive yields. It's no longer an 'invest in the market' or keep it in cash environment.

3.) Maximizing portfolio tax planning opportunity

If managed properly, non-retirement accounts can have many of the same attributes as say a Roth IRA in retirement (i.e. tax free withdrawals.) Tax losses can be used to remove concentrated positions, step-up cost basis and add returns to the end client. We've done a lot of work here in recent months, and clients are well positioned moving forward.

4.) Manage portfolio debt

Margin loans, seen as an attractive feature in 2021 with high stock prices and low interest rates, have now presented themselves as a liability in 2022. Higher rates are leading to higher amounts of debt servicing, which should make the elimination of the loan or at the very least, the aggressive pay down of the loan, a very high priority.