We hope you are all doing ok and staying safe during this crazy time. Although we are working remotely, we are still hard at work managing your portfolios and the administrators are hard at work ensuring that you get what you need when you need it. The stock and bond markets have been on a…
Like many of you, TCV Trust & Wealth Management is monitoring the COVID-19 news. We would like to let our clients and friends know of our preparation to prevent a business disruption. As a state regulated financial firm, we are required to maintain a Business Continuity Plan that addresses various scenarios which could cause a…
In case you haven’t noticed, the news has been a little busy over the past month, with the leading headline a particularly nasty strain of Coronavirus called COVID-19, which is a cousin of the common cold virus that causes flu-like symptoms and can lead to pneumonia. We will leave it to the medical professionals to…
Your reference guide to 2020 Tax Rates, College Savings Incentives, IRA and 401(k) Contributions, ABLE Accounts, and Social Security Benefits. Please click on the image below.
The stock market (and almost every other financial market) finished the decade with a bang, as stocks (as measured by the Vanguard Total Stock Market ETF – VTI) increased 30.7% in 2019, the total U.S. bond market (as measured by the US Aggregate Bond ETF – AGG) returned 8.5% and a 60% stock/40% bond portfolio…
Though full of sound and fury, the stock market signified very little in the third quarter. Despite an inverted yield curve, which is traditionally seen as a recession signal, escalating trade tensions with China and movement toward impeachment, stocks gained an unremarkable 1.7%. (link below)
DEAR TRUST OFFICER: My parents are retired, living in another state. They have a sizeable investment portfolio and are financially comfortable. However, as they are getting older, they are having trouble keeping up with their paperwork. Last year they were late in making tax payments, very unlike them. I would help them, but I just…
Trust-based wealth management plans are growing in popularity. According to one recent survey, more than half of families whose wealth exceeds $5 million already employ a trust for asset management. More than a third of families whose wealth falls into the $1 million to $5 million range have a trust. The success of a trust…
The second quarter of 2019 was signified by a lot of ups and downs and ended higher than where it started – which is pretty much the story of the last twelve months, only on a smaller scale. (link below)
In this issue: Benefits of a Co-Pilot in Portfolio Management Many Hats in Trust Administration You Asked… Q&A Events Around the Company Click on the image below to view our newsletter.