George Hosfield, CFA, discusses Ferguson Wellman's quarterly strategy titled, "Inflation's Flame Flickers," which addresses the narrow market leadership, the impact of higher interest rates on inflation and how assets are priced at this stage of the economic cycle.
George Hosfield, CFA, discusses the firm's quarterly strategy titled "Stalemate," which highlights the Fed's ongoing battle to tame inflation along with our views on the health of the banking industry and capital market expectations for the balance of the year.
Director and Chief Investment Officer George Hosfield, CFA, discusses the Fed raising interest rates, peaking inflation and our view on equities and volatility across all asset classes in our Investment Strategy titled, “Balancing Act.”
The passage of the SECURE Act in 2019 and SECURE 2.0 Act in 2022 ushered in sweeping changes for taxpayers regarding retirement account distributions. These changes, including a significant modification to how certain designated beneficiaries must distribute inherited retirement accounts, are crucial for anyone possessing or inheriting a retirement account to understand.
The current residential real estate market continues to apply pressure on potential home buyers, with many feeling the constraints of high housing prices and relatively high interest rates for mortgages.
Michael Garcia, Ferguson Wellman's chief technology officer, offers tips for keeping information secure when online.
Katherine Russell, IACCP®, shares tips to help prevent cybersecurity breaches. Technology support services are one of many offerings from Octavia Group, our family office solution for clients.
Tax policy is being proposed and revised at a furious pace in Washington. Not knowing if, when and in what form the proposals might turn into law, it may be tempting to ignore the process and wait for the final outcome.
“Where will I generate cash flow in today’s low interest rate environment?” This is a question that many retirees are now facing as they consider how to effectively manage their income in the current era of extremely low interest rates. One answer could be making a strategic decision about when to claim your Social Security benefits.
News of western wildfires are dominating the headlines. Many of us who thought we were not at risk of being evacuated from our homes now have a heightened awareness of how important it is to plan for the unexpected.
Scams are on the rise during this pandemic. Here are some reminders and resources from the Federal Trade Commission
Each year, the IRS issues its annual “Dirty Dozen.” This is a list of top scams that taxpayers should be aware of, along with information on how to spot, avoid and report them.
This week, USA TODAY’s Adam Shell announced his retirement as money reporter following Wall Street. On Monday, he shared some parting words for his readers that are good reminders about taking a long-term approach to investing.
Last week, we sent a notice to clients regarding the Equifax data breach. To read that information, please click here.
by Michael Garcia
Chief Technology Officer
Equifax, one of three credit reporting agencies in the United States, reported on Thursday that the company experienced a cybersecurity incident potentially impacting approximately 143 million U.S. consumers.
Ferguson Wellman and West Bearing recognize that many of our clients may have questions as a result of the announcement. While it is still early in the process, we would like to share a few thoughts:
www.creditsesame.com
www.lifelock.com
www.identityguard.com
As always, now is an excellent time to use complex and unique passwords for all of your accounts. We recommend:
Should you have any questions, don’t hesitate to contact me at mgarcia@fergwell.com.
Mark Kralj shares a piece by Financial Advisor magazine regarding the need for a power of attorney at the age of 18.
