Monthly Archives: July 2018

Practical Planning: Understanding 401(k) Loans

A recent survey of millennials has been making the rounds on news sites, with particular attention focused on 401(k) loans used to finance home purchases. The survey found that two in ten Millennials who plan to buy a home expect to dip into retirement accounts to fund their purchase and that three in ten who are currently homeowners have already done so.

Although 401(k) loans have some advantages, there are also several important factors to keep in mind before borrowing from your future. Read more »

The Tale of the Changing Measure of Inflation

When we hear about the current low rate of inflation, are we talking about the same inflation we might have discussed 20 or 30 years ago? You may be surprised to discover that, in fact, we are not really talking about the same thing at all. Since 1983, the government has been making major changes to the way it measures inflation, and some say the current methodology now understates true inflation.

Note: due to rounding, total may not = 100%
Source: BLS, data as of December 2017

Read more »

Investing in What We Need: Water

  • Two-thirds of the world’s population is projected to face water scarcity by 2025.1
  • In some countries already, less than half the population has access to clean water. 2
  •  80% of all illness in the developing world is water-related.3

Water has no substitute. With water resources becoming more scarce and populations facing issues of pollution and drought, water is becoming a precious commodity. But unlike commodities such as gold or steel, water is essential for life. Every sector of the economy depends on water, from agriculture to industrial, and of course, we need it to survive on a daily basis. Read more »

The Estate of Anthony Bourdain: Probate = Public

The recent tragic death of celebrity chef Anthony Bourdain was followed by a number of news stories that have become commonplace in this day and age of internet “reporting” on celebrities stories about the celebrity’s net worth based on documents filed in the probate court and not thoroughly researched. In Mr. Bourdain’s case, the headlines noted that the chef, whose net worth was recently estimated to be over $15 million, was only worth $1.2 million when he died.  Read more »

Arnerich Massena Ranks in the Top 5 of The Portland Business Journal’s List of Oregon & SW Washington Money Management Firms

Arnerich Massena is listed in the top five of the 2018 List of Oregon and SW Washington Money Management Firms published by The Portland Business Journal. This marks the fifth consecutive year Arnerich Massena has been one of the top five firms listed. The list is featured as part of The Portland Business Journal’s “2018 Wealth Management & Financial Services Guide.” Read more »

Legislative Updates: Second Quarter 2018


On June 21, 2018, the Court of Appeals for the Fifth Circuit officially vacated the Department of Labor’s (DOL) 2016 fiduciary rule in its entirety, including the related prohibited transaction exemptions and the Best Interest Contract (BIC) exemption. The Court held that the DOL exceeded its rulemaking authority under ERISA in enacting the rule. Read more »

Congratulations to Alicia Johnston, Winner of Portland Business Journal’s HR Leadership Award 2018, Small Company Category

Each year, the Portland Business Journal hosts its HR Summit and Healthiest Employers of Oregon event, where it celebrates the top human resource leaders in Oregon businesses. This year, we’re proud to announce that Arnerich Massena’s director of human resources, Alicia Johnston, has been honored with the HR Leadership Award in the small company category! Read more »

Arnerich Massena Welcomes James Ellis, CFA, as Senior Consultant

We’re excited to welcome the newest member of our institutional team, James Ellis, CFA. As a senior consultant, Mr. Ellis will serve clients ranging from corporate retirement plan sponsors and professional organizations to endowments and foundations. He will provide a full range of consulting services, including plan design and management, asset allocation and portfolio management, and fiduciary education. Read more »

The Unintended Consequences of This Century and How Impact Investing Will Change the Next Century

A century ago, it would have been nearly impossible to envision the world as it is today. Who could have imagined our communication and transportation technologies, from supersonic jets to cell phones? Consider the impact of the internet and automation, robots and artificial intelligence. But perhaps most unimaginable of all are the drastic changes to the planet and the massive growth in population over just the last half-century. Who could have foreseen the issues we face trying to provide access to clean water and air, the damage done to our oceans and rivers, the depletion of the topsoil? And most would not have been able to conceive of 7 ½ billion people sharing the globe. Read more »