Memphis Planning & Wealth

01/09/2023

I'm so excited to announce some remarkable achievements for Michael Trouy. He now meets the experience requirements to hold the following certifications:

CIMA® - Certified Investment Management Analyst
CFP® - Certified Financial Planner
CSRIC™ - Charted Sustainable, Responsible, and Impact Counselor

Michael first joined us as an intern while still at the University of Memphis, where he graduated Summa Cum Laude with a BBA and concentration on financial planning and services. He has since also obtained a Master's of Science with a finance concentration.

Michael has done what few people have ever done, which is to pass all the certification exams before meeting the 3-year experience requirement. He has had an enormous impact on our efficiency and client experience. Thank you for your hard work, Michael!

08/20/2021

We're proud that our very own Jeff Grimm, CFP®, CRC® is now a Dave Ramsey Smartvestor Pro. SmartVestor Pros are investment professionals in your area that have been chosen by Dave Ramsey based on their integrity, professionalism, and experience. SmartVestor Pros understand and believe in the investment principles that Dave teaches on The Dave Ramsey Show each day.

Jeff is backed by a total of 26 years experience in insurance and investment management, including Memphis’ only Chartered SRI Counselor®, which supports our team with unique insights in the areas of sustainable, responsible, and impact investments. Visit https://bit.ly/380u2x5 to learn more about us and schedule an appointment with Jeff.

06/16/2021

We're getting inquiries about crypto. We encourage every investor the get some basic education by starting with the FINRA website. Investors should understand where ALL the risks are, not just the ones that have materialized so far.
While we expect investment products to be built around cryptocurrency of all sorts, it is currently not regarded as an investment that can be regulated in a way that protects the client (and the advisor). This is a rapidly evolving situation and we look forward to vetting the appropriateness of what becomes available.

A cryptocurrency is a digital representation of a stored value secured through cryptography. Although Bitcoin might be one of the most widely known cryptocurrencies today, there are many others. The markets for cryptocurrencies remain highly volatile and risky. Before turning your hard-earned cash i...

01/12/2021

We are so happy to announce some fantastic achievements from Michael Trouy!

Michael has passed the Series 7 and 66 examinations in a short period of time and progressed even further to attain the designation of Chartered Sustainable and Responsible Investment Counselor.

Michael is the first and only person to attain such a designation in Memphis. This certification will help MPW advisors uncover opportunities to invest in companies that consciously seek to protect our environment and maintain ethical standards in their interaction with society.

If you’re interested in a custom-built, values-driven portfolio we welcome you to book an appointment online with a Memphis Planning and Wealth Advisor today. https://bit.ly/3bFubsC

08/21/2020

Biden's tax proposals have some unsavory details. Here's a good place to start to get educated. This proves once again that the Roth is the safest place you can be as capital gains rules are seen as a target for higher taxes.
http://www.crfb.org/papers/understanding-joe-bidens-2020-tax-plan

04/29/2020

We're happy to announce that our digital budget is now available to all clients and prospects via free download from MemphisAdvisory.com. Share the gift of financial security by liking and sharing with your friends and loved ones!

We're independent CFP's ® delivering a customized wealth management experience. Get in touch with the premier resource for pilots and business owners.

03/31/2020

Many of you will be happy about a Tiger King reference being included in the latest Market Signals Podcast by LPL Financial.

"This is not a recommendation of Netflix Stock, but boy o' boy, Netflix is bringing out some gems, and when everyone's stuck at home, Joe Exotic is just taking the country by storm."

Click the link to listen
https://bit.ly/3dLJezA

03/30/2020

Do you have money left in a prior employer's plan, but you're unsure of what to do with it? Click to view or latest thoughts, in our voice at https://bit.ly/2JpPQpB

03/24/2020

The data supports the advice, be wary of market timing.

Market Blog The incredible volatility continues, with the S&P 500 Index now in one of its worst bear markets ever, along the way making the quickest move from an all-time high to down 30% at on…

03/23/2020

"We think long-term investors may be rewarded for sticking with their target allocations through this crisis and would recommend staying the course."

Market Blog As COVID-19-related fear continues grip global financial markets, we wanted to take a closer look at factor #1 in our Road to Recovery Playbook: confidence in the timing of a peak of ne…

03/21/2020

To our clients and community,

We are not having face-to-face appointments at this time to do our part, but we are easy to reach to discuss your individual strategy. Your calls are being forwarded when we are at home to support our families, which is increasingly often.

We're especially engaged right now with clients who, based upon their specific situation, can anticipate cash flow challenges under certain circumstances.

Everyone, (even if you aren't a client of ours) should pay special attention to their monthly budget and weight their outflows against their (potentially) changing resources. The consensus is that that we will have a "V-shaped recovery", but nobody can say how deep or wide the "V" will be.

In light of this guidance, pay special attention to the relief being allowed for mortgage payments. It's a large component of monthly outflows for most families and the longer we stay united as Americans at home, the more economic relief you may require.

In the coming week, we will release a digital budget in Excel format via email to our clients. We hope to make it available on the website as well to non-clients who subscribe to our e-newsletter.

As always, we encourage you to hit the podcast button on our homepage .com and follow LPL Financial on LinkedIn for the latest market intelligence and perspective.


All the best,

Josh

03/11/2020

Mortgage rates on 30 year money are down to below 2.5% in some cases. Normal guidance is that you should be considering re-financing if you can save .75% in interest. Now is THE time to talk to a CFP about whether re-financing is right for you. In some case we are seeing clients save over $400 per month, or moving from 30 yrs to 15.