During the early part of each year, the financial press is full of predictions for the coming year by “authorities” and “experts.” Presumably, this material helps fill the large amounts of space devoted to financial matters, but in our view, all these predictions should be ignored. Otherwise, these opinions may induce investors to make changes in their investment portfolios that we …
A Guide to Meaningful Holiday Gift-Giving
The holiday season is here! Or rather, major retailers would have you believe holiday gift-giving has been here for quite some time now. Retail giants like Amazon, Target, and Walmart have moved Black Friday up to early October, giving shoppers access to deals six weeks ahead of Thanksgiving. This may be good news for some: the “most wonderful time of the …
What the 2024 Presidential Election Means for Your Portfolio
The 2024 presidential election has come and gone. What was projected to be a very close race turned out to be less so. Republicans have re-taken the US Senate and appear poised to retain control of the House of Representatives as well. Whatever your political preference, it appears clear that there will be very different priorities for the US government …
How to Add or Update a Beneficiary in Schwab Alliance
If you need to add or update an account beneficiary, you can do it on your own in Schwab Alliance in just a few steps. Log in to your Schwab account at SchwabAlliance.com. Click on the “Profile” tab in the top right corner, then select “Beneficiaries” from the drop-down menu. Scroll to view your accounts. Click “Edit Account” to add …
How to Switch to Paperless Delivery at Schwab
Are you still receiving paper statements or documents from Schwab? Switch to paperless delivery at Schwab in just a few steps. Log in to your Schwab account at SchwabAlliance.com. Click on the Profile tab in the top right corner, then select Paperless from the drop-down menu. Click Enroll Eligible Accounts to switch to paperless delivery for all eligible accounts and …
Client Spotlight: Doctors, Advocates, Leaders
Park Piedmont clients Dr. Marcia Faustin and Dr. Toussaint Mears-Clarke have had a big year. Dr. Marcia Faustin spent much of July and August in Paris as the co-head team physician for the gold medal-winning U.S. Women’s Gymnastics team. Dr. Faustin, an assistant professor and Family Medicine and Sports Medicine physician at the UC Davis Health Medicine Sports Clinic, was …
Park Piedmont Named ThinkAdvisor Luminaries Award Finalist
We’re honored to share that Park Piedmont has been named a ThinkAdvisor Luminaries Award 2024 Finalist for Thought Leadership and Education. What is a ThinkAdvisor Luminaries Award? From ThinkAdvisor: ThinkAdvisor’s Luminaries Awards redefine excellence in financial services, shining a spotlight on outstanding contributions from both organizations and individuals. “The 2024 Luminaries Awards continue to push the boundaries of …
Should the Fed’s Rate Cut Shift Your Investing Strategy?
Much has been reported about the Federal Reserve’s reducing interest rates by 50 basis points, lowering the federal funds rate to a range of 4.75% to 5%. The move represents a pivot from the past two years of rate hikes, which were designed to combat inflation, and signals the Federal Reserve’s conclusion that inflation — down to 2.5% from a peak …
The Importance of Trust
Trust is at the core of the relationship between client and advisor. That’s why trustworthiness is one of Park Piedmont’s core firm values, guiding the way we approach our work. Firm Value: Trustworthiness There are many ways we strive to make sure this value of trust shows up in our day-to-day work: acting as a fiduciary, always putting your (and …
The Way We Do Our Work Matters
Park Piedmont’s mission is to help our clients gain clarity and peace of mind in their life with money. In doing so, we promise fiduciary guidance that’s principled, personal, and practical. Personal and practical are fairly straightforward — but what do we mean by “principled”? Park Piedmont has ten firm values. Each one informs the way we work with our …