August 18, 2017

Arnerich Massena’s I AM Learning Partnership Wraps Up its First-Ever Summer Community Literacy School

Arnerich Massena’s first-ever summer literacy school was a grand success! First and second-grade students from Irvington, Sabin, Boise-Eliot, and King Schools came to Irvington Elementary School for a six-week long camp hosted by the I AM Learning Partnership and local non-profit Reading Results. The camp was provided at no cost to participating families, and served about 20 children in total. Read more »

August 17, 2017

Polo Noir Was the Event of the Summer!

On the picture-perfect afternoon of August 12th, sunny and warm but thankfully not too hot, the Arnerich Massena polo team won the championship match versus their worthy opponents Do503. Tony Arnerich had the honor of delivering the trophy on the field amid the players and horses. The dresses were colorful, the hats even more so, and everyone turned out in style. Guests enjoyed the matches, a divot stomp, food, and wine, all culminating with live performances from Bruce Hornsby and the Noisemakers and Redray Frazier. And the Arnerich Massena tent enjoyed a surprise visit from Portland Trail Blazer Damian Lillard! Thank you to everyone who joined us in the Arnerich Massena tent to make it the event of the summer! Read more »

August 14, 2017

Department of Labor Submits a Proposal to Delay the Transition Period and Applicability of the Fiduciary Rule

At Arnerich Massena, we are proud that we have always been ahead of the curve on this issue, acknowledging fiduciary status since our inception and offering independent, unbiased advice to retirement plans. Regardless of the outcome of the rule’s delay, we will continue to acknowledge our fiduciary status and work in the best interest of Arnerich Massena clients and clients’ retirement plan participants.

The Department of Labor’s (DOL) fiduciary rule has met with several delays since it was finalized in 2016. While some of its basic provisions went into effect on June 9, 2017, the remainder looks like it may be delayed once again. On August 9, the DOL gave notice that it submitted a proposed extension for review. The proposal requests an 18-month extension of the applicability dates for several aspects of the regulation, including the core portions of the best interest contract exemption and prohibited transaction exemption. Read more »

August 11, 2017

Arnerich Massena Reaches FAR for Health – Join us!

Join us in the Arnerich Massena Hood to Coast FAR for Health (Firm Assets Running for Health) fundraiser! We are dedicating this year’s Hood to Coast race to two of our families who have experienced tragedies over the last six months. In honor of Jeff Van Damme, Krist Van Damme’s husband, and Don Mirich, Peg Terry’s partner, our team, Firm Assets, is raising money to support the Cole Parker Randall Foundation, which supports families with children facing difficult medical challenges and contributes to ongoing research in pursuit of a cure for spinal muscular atrophy. Read more »

August 9, 2017

The Moral of the Story is: To time the market, you must have a crystal ball, time machine, or fairy godmother

Without a crystal ball (or time machine, fairy godmother, or other magical trick) to predict market movements, even the smartest market timer is likely to miss some of the market’s best days. Just missing the ten best days between 1997 and 2017 would cut your return nearly in half over that time. What’s the moral of this chart? Keep your focus on a long-term investment strategy designed for your risk and return objectives, and stick with it. Read more »

August 4, 2017

July 31, 2017

Arnerich Massena Announced as a Finalist for Invest in Others Corporate Philanthropy Award

Arnerich Massena has been named a finalist for the Invest in Others Corporate Philanthropy Award in the advisory firms category. The firm is one of three finalists for this prestigious honor; award winners will be announced at the eleventh annual Invest in Others Gala on September 28 in New York City. The Invest in Others Charitable Foundation will donate $5,000 to the finalists’ charitable causes, and $25,000 to that of the winner. Read more »

July 20, 2017

401(k) Plans Just Got Better for Many Employees!

The Wall Street Journal reported that the average employer contribution to employees’ 401(k) plans rose from 3.9% of employee salaries in 2015 to an estimated 4.7% in 2016. This represents the largest jump since at least 2007 and is great news for savers. Employers cited a few important reasons for increasing their contributions, including improving recruitment and employee retention, as well as helping older employers afford to retire to make room for younger workers. Read more »

July 19, 2017

July 18, 2017