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Saturday, June 27, 2020

The coronavirus pandemic has uprooted the lives of millions of Americans and has sent the stock market crashing to all-time lows. While it may be easy to let panic set in, the most important thing you should do is step back, take a...

 

Saturday, May 16, 2020

Has the coronavirus pandemic and it’s far-reaching implications caused you to wake up worried or go to bed at night with your mind racing? For most of us, our schedules have been turned upside down; we don’t know...

 

Wednesday, April 22, 2020

Airports are ghost towns, travel restrictions abound, and many people feel uncomfortable flying right now with the rapid spread of the coronavirus. But since you still need to conduct your business or get where you need to go, you need...

 

Monday, April 13, 2020

The COVID-19 outbreak has put tremendous pressure on stock prices, prompting some investors to blindly and indiscriminately sell positions at a time when the entire market is trending lower. Worried investors believe "this time it's...

 

Thursday, April 2, 2020

The Coronavirus Aid, Relief, and Economic Security (CARES)Act allocated $350 billion to help small businesses keepworkers employed amid the pandemic and economicdownturn. Known as the Paycheck Protection Program,the initiative provides...

 

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Thursday, March 26, 2020

We are living in unprecedented times, with hourly briefings and updates that cause many of us to panic or at least lose sleep at night. We get it. Life is going to look very different for a while, but thankfully one thing that...

 

Saturday, March 14, 2020

As global markets continue their roller coaster ride due to fears surrounding the coronavirus, our most recent bull market officially turned into a bear market. But what does that mean? And are we on the verge of another recession like...

 

Wednesday, March 4, 2020

The financial markets took a big dip early this week over fears about the spreading coronavirus, erasing gains from earlier this year. After the Dow lost over 800 points on Tuesday, it was down a total of 1,900 points in two days....

 

Friday, February 28, 2020

Comments from First Trust on Timing... Monday, fear over the Coronavirus finally gripped investors,as both the Dow Jones Industrial Average and the S&P 500index fell over 3% - the largest daily declines in two years.These drops wiped...

 

Tuesday, February 18, 2020

Budget Check Up: Tax Time Is the Right Time Every year, about 140 million households file their federal tax returns.1 For many, the process involves digging through shoe boxes or manila folders full of receipts; gathering mortgage,...

 

Tuesday, February 18, 2020

Six Most Overlooked Tax Deductions Who among us wants to pay the IRS more taxes than we have to?1 While few may raise their hands, Americans regularly overpay because they fail to take tax deductions for which they are eligible....

 

Tuesday, February 11, 2020

It’s officially tax season! Are you maximizing all of the opportunities available to you? If you’re like most people, you depend on your CPA to take care of that. You have a CPA for tax things and a financial advisor for...

 

Wednesday, January 29, 2020

The SECURE Act | richard@wms-llc.com // // (949) 475-9700 Menu Home About Who We Are What We Do How We Engage with You Meet Our Partners Our Value Promise Services Investing Consulting Investment Management Planning Relationship...

 

Tuesday, January 28, 2020

You’ve almost made it. After decades of working and saving, you are in the final leg of the marathon race to retirement. But even though you’re getting closer to the goal, this is not the time to turn on cruise control and...

 

Monday, January 6, 2020

Link to the Video for the 2020 LPL - Outlook

 

Friday, December 20, 2019

When it comes to estate planning, one of the more important concerns is minimizing taxes. The goal of many estate planning strategies is to preserve as much wealth as possible during the transfer process. That’s a good goal, but...

 

Monday, December 9, 2019

Both the Tax Cuts and Jobs Act, which was signed into law in December 2017, and the Bipartisan Budget Act, which was signed into law in January 2018, affected individual retirement accounts (IRAs). Now that both pieces of legislation...

 

Thursday, October 24, 2019

People love discounts. Buy one, get one free. Multi-policy discounts for using the same provider for home and auto insurance. Early-bird pricing. We all love discounts because we assume they save us money. However, they don’t...

 

Thursday, September 26, 2019

At Wealth Management Solutions, we help clients manage their financial affairs with purpose and many of them look to their interest in cars, planes, motorcycles, and artwork as an extension of their wealth and purpose. However, a...

 

Tuesday, August 27, 2019

Newport Beach, CA, is a wonderful place to live and work. I get to enjoy the California sunshine all year round and be a stone’s throw away from the Pacific Ocean. Here there are shops, sights, and especially casual dining...

 

Wednesday, July 17, 2019

// Why Naming Beneficiaries for Retirement Accounts Can Be Critical July 8, 2019 Brian Dobbis, QKA, QPA, QPFC, TGPC Director, Retirement Solutions 1713 Views Naming beneficiaries on each retirement account can help ensure that the...

 

Monday, July 15, 2019

You did it! You’ve worked hard for decades—diligently squirrelling away savings year after year—and you’ve finally made it. Time to retire. Now all there’s left to do is relax and enjoy the fruits of your...

 

Friday, June 14, 2019

There is no other place like Newport Beach, and I am so fortunate to call this city my home. Newport Beach is a three-mile peninsula that is home to one of the world’s best bodysurfing sites (also known as “The...

 

Monday, June 10, 2019

Do you have goals? You likely do. Whether it’s to reach a certain level in your career, maintain a certain weight, or accumulate wealth, most people have goals even if they haven’t thought them out clearly or even labeled...

 

Thursday, May 30, 2019

Estimating the Cost of College Tip: Public Costs. Average in–state tuition and fees for public four-year institutions was $9,970 for the 2017-2018 school year. Out-of-state tuition for these same institutions averaged $25,620...

 

Thursday, May 30, 2019

Countdown to College Tip: Parlez-vous Francais? Many universities like to see multiple years of foreign language on a transcript. Source: Collegeapps.about.com, March 11, 2016 Most parents want to give their children the best...

 

Wednesday, May 1, 2019

At Wealth Management Solutions, we believe that to manage your wealth successfully, you should approach it with the same care and intentionality as you would a business. With a business, you don’t just chase profits, you take the...

 

Wednesday, April 3, 2019

Do you know how to take advantage of your spouse’s Social Security benefits if they were to pass away? If not, this article is for you. The rules around collecting Social Security benefits for a surviving spouse are complicated....

 

Wednesday, February 27, 2019

As we discussed last month, there is a big difference between working with an independent financial services firm and a captive agent. The captive agent is limited in the advice that can be given and the products they offer, while the...

 

Wednesday, February 27, 2019

This past holiday season, did you take the time to sit down and watch the Christmas classic Miracle on 34th Street? One scene in this movie was absolutely revolutionary. In this scene, Kris Kringle is working as a department-store...

 

Thursday, December 20, 2018

See Full Article; Outlook 2019

 

Thursday, December 13, 2018

Everyone should do an annual review of their life insurance policy. You have probably heard this advice before, or even read articles about it. You have likely never heard anyone disagree with that advice either. But do people actually...

 

Thursday, November 29, 2018

When conversations around retirement planning come up, it is common to hear about the accumulation phase and the distribution phase. The accumulation phase is essentially the time period when you are building your wealth prior to...

 

Wednesday, October 3, 2018

The financial services industry is full of people like me who get up and go to work every day in order to help people like you maximize your investments and build a sound financial life for your family. We call ourselves financial...

 

Tuesday, August 14, 2018

Even though the days are slowly getting shorter and the season is winding down, there’s still time to fit in some summer reading. Whether you’re looking for a beach read, something to stimulate your mind, or just want to...

 

Thursday, July 12, 2018

Imagine your finances as a precision timepiece. You might have all the components in hand, but if you’re not a skilled watchmaker, you’ll struggle to put it together in working order. This is where Wealth Management...

 

Thursday, July 12, 2018

If there’s one certainty in life, it’s that the unexpected can happen at any time. I experienced this early in life when my father passed away prematurely. He didn’t have anything appropriately planned and, as a...