Vector Financial Services, LLC

05/28/2026

05/27/2026

This is another of a complete disconnect between the “reality” of NYC and that of most of the rest of the world. For folks like Ken Griffin, I would expect to see a significant exodus of the tax base of NYC when and if this tax proposal actually goes into place.

New York's proposed pied-à-terre tax would more than double property taxes for many wealthy owners. CNBC's Robert Frank joins "Squawk Box" with the details.

05/25/2026

In honor of Memorial Day, we invite you to join us in taking time to remember and honor the brave men and women who made the ultimate sacrifice to protect our country and preserve our freedom.

Please note that our office will be closed on Monday, May 25th, in observance of Memorial Day. We will resume normal business hours on Tuesday, May 26th, and will respond to any messages received during the closure as promptly as possible.

Wishing you a respectful and meaningful Memorial Day.

05/21/2026

Great news for Warsaw and Indiana.

In her three decades in the auto business, Slate’s President of Vehicles Chris Barman watched as affordable, entry-level car brands disappeared. Hardworking middle-class American families were priced out of vehicles with the latest technologies designed to keep their families safe.

Barman wants to change that. The ex*****on of her ambitions to provide affordable vehicles earns her Newsweek’s World’s Greatest Auto Disruptors Visionary Disruptor of the Year award.

05/21/2026

Troubling to see lawsuits of this kind coming out of Edward Jones on a recurring basis.

“Pay disparities” between Black and other advisors are “primarily” the result of the broker-dealer’s client transfer and initial salary-setting policies, according to the plaintiffs’ 43-page complaint.

05/21/2026

Tax season is behind us, and now is the perfect time to share your 2025 tax return with your financial advisor.

Your tax return is a financial blueprint that contains valuable insights for optimizing your wealth strategy. A thorough review of your return allows for identification of tax-saving opportunities, verification of prior strategies, and more effective planning for the year ahead. Swipe for more details.

If you have questions about your current wealth management strategy or have questions about how to share these forms with our team, don’t hesitate to reach out.

05/21/2026

As a new graduate, we know that it can seem daunting to start investing, especially when your finances may be tight. This can lead some new grads to push off investing until the “perfect time” in the future.

Here’s why that can be a bad strategy: Time is one of the biggest advantages we have when it comes to investing. Starting early gives your money more chances to grow — even if you’re only investing a little each month. That growth might not look obvious on a day-to-day basis. But as the years pass, the difference can become much clearer.

You don’t need a lot of money to get started with investing. The most important thing is to start early. Even small contributions to your own investment accounts or employer-sponsored accounts like 401(k)s, over time, can give your money more chances to grow. The sooner you get started, the bigger the impact it makes to the value of your investment portfolio.

If you want help figuring out what investing could look like for you or have questions about your current strategy, don’t hesitate to reach out. We’re here to help craft an investment strategy that’s right for you.

05/19/2026

Large, often random expenses tend to pop up in the working world. Things like car repairs, medical bills, or a security deposit for an apartment can throw your budget off course if you don’t have any money set aside.

Savings can give you a crucial safety net. Even having a small cushion makes those moments, like car breakdowns or surprise medical expenses, easier to handle. Start by building an emergency fund that covers several months' worth of expenses, then branch out and save for other wants or needs. Starting with small, consistent savings is the best way to go. The habit matters more than the amount at first.

If you have questions about what kind of savings account or savings strategy makes sense for your situation, don’t hesitate to reach out. We’re here to support your goals.

05/18/2026

This is another example of why the Federal Government should not be in the business of providing student loans! There are too many arguments for why the Federal Government should not be in this business to list all of them here, but the biggest one is because of how inept the system has been run, we are facing a larger economic disaster than the housing or credit debacles of 2008!

**Update: In response to a question about this post, the primary issue that I’m addressing here is the complete lack of appropriate risk management by the government. Generally speaking, the government lends copious amounts of money for student debt without a competent risk management assessment beforehand. Could you imagine banks providing mortgages with such incompetent risk assessment before providing funds? Honestly, you should be able to imagine it because that’s what many banks did that caused the sub-prime lending collapse that led to the Great Recession in 2008. It’s a tough reality to accept, but not everyone should be able to borrow large amounts of funds for college if there is not a legitimate expectation that those funds can be repaid by the borrower. This is only setting the entire country up for another economic shock similar to 2008.

Americans are defaulting on their student loan debt at a record pace:

Delinquent federal student loan debt jumped +$12.2 billion in Q1 2026, to $171.4 billion, an all-time high.

This has officially surpassed the $166.8 billion peak recorded in Q4 2019.

At the same time, the proportion of seriously delinquent loans rose +0.7 percentage points, to 10.3%, the highest since Q1 2020.

This comes as 2.6 million borrowers defaulted in Q1 2026, followed by ~1.0 million in Q4 2025.

The average borrower entering default is now nearly 40 years old, up from 36.4 before the 2020 pandemic.

The US student loan crisis is intensifying.