Monthly Archives: November 2018

2018 Tax Planning

With the holiday season fast approaching and 2018 coming to a close, it may be time to review your tax picture and make any necessary changes before year end. 2018 is the first tax year reflecting laws enacted by the Tax Cuts and Jobs Act of December 2017, so taxpayers may want to consult their accountants to review their tax plan and make necessary changes before 2019. Before reaching out to your accountant, there are three steps you can take to start getting your tax picture in order: Read more »

How much is $10 million? Providing perspective for your children

A client* recently asked me for advice on how to frame the size of a potential inheritance for an upcoming conversation with her son. Her son, who is in his mid-twenties, will be inheriting $10 million. My client sought a frame of reference to help him grasp how much money he’d be receiving and asked me how I’d put it in perspective. I was reminded of a calculation I saw back in 1996, shortly after I graduated from college, which gave me a perspective on wealth that I never forgot, so I’ve updated things by a few decades. Here goes: Read more »

Rolling Your Retirement Plan into an IRA

A ten-year bull market in U.S. equities, low unemployment, and an increase in the savings rate have led to dramatic increases in 401(k) balances for many American families. There are a number of reasons why a retiree would roll their savings out of his or her company’s retirement plan (most of our clients do so in order to access an expanded universe of investment options). However, there are some planning factors that ought to be considered beforehand: Read more »

Arnerich Massena’s Impact Investing Program Featured in Oregon Business Magazine’s “Bringing the Future to Investors”

“With its third white paper on the topic and award-winning research, Arnerich Massena is redefining ‘impact investing,’ offering investors the opportunity to make a positive global impact with the potential to achieve a market or above-market-rate return.” So begins reporter Harris Newman’s article, “Bringing the Future to Investors,” focused on the story of Arnerich Massena’s impact investing journey. Read more »

An Anxious October: A note from Arnerich Massena co-CIO Bryan Shipley, CFA, CAIA

October saw stock markets across the globe suffer one of the sharpest monthly declines since the global financial crisis in 2008. With the exception of stable, dividend-oriented sectors like REITs and Utilities, nearly the entire market experienced lower stock prices during the month. High growth stocks experienced the most acute pain, with price drops striking market darlings such as Amazon, Netflix, and Google, but even longstanding industrial stocks suffered double-digit losses in some instances. Read more »