Is Private Banking Right for You and Your Business?

Key Takeaways Large commercial banks bring economies of scale, a commitment to technology, competitive lending rates, and interest-bearing accounts. Commercial banks aren’t always the right option for individuals and businesses with complex financial structures and unique service needs. A private banking relationship at a local or regional bank may help you navigate the complexities of … Continued

Financial Plan = Freedom

In Soundmark Principal Bill Schultheis’ latest column, he reminds readers why it’s imperative to tune out the market noise – especially in our current economic climate. Bill created the tagline “How to Build Wealth, Ignore Wall Street, and Get on with Your Life” with the release of his book, The Coffeehouse Investor. Over 18 years … Continued

What to Do with Your Year-End Bonus

Key Takeaways Whether your bonus is delivered on a consistent schedule or is a pleasant year-end surprise, review your goals carefully before deploying those funds. Additional financial resources can help you accomplish more goals, reach your goals faster, and/or increase your current goals. Disciplined Microsoft employees can utilize a cash flow strategy that maximizes their … Continued

Soundmark Launches New Client Portal

We are proud to announce the launch of our new client portal. Replacing the Vault, the Tamarac client portal provides an enhanced client experience. Some of the new features include: View household accounts and transactions online View and link external accounts including retirement accounts, mortgages, bank accounts, and credit cards Add other assets such as … Continued

Doctors… Please Don’t Make These Mistakes

Do any of these sound familiar? Investing in startups or other long shot endeavors. Not focusing on what you do best. Being inadequately insured.  You are an expert in your field. You went to school for six to ten years longer than most college graduates and it’s paid off. You earn substantially more income than … Continued

Remember the Advantages of Global Diversification

With US stocks outperforming non-US stocks in recent years, some investors have again turned their attention towards the role that global diversification plays in their portfolios. While international and emerging markets stocks have delivered disappointing returns relative to the US over the last few years, it is important to remember that: • Non-US stocks help … Continued

The Best of 2018

What a year we’ve had! We shared a lot of information over the past year but wanted to highlight our most popular blogs. 1. Are You Taking Advantage of this Little-Known Microsoft Retirement Plan Benefit? One of the most generous, but under-utilized retirement benefits is called the “After-Tax Contributions.” Microsoft has added a provision to its … Continued

Market Thoughts

Markets around the globe have experienced sharp sell-offs over the past two months, driven in part by geopolitical tensions, uncertainty over trade tariffs, and in the U.S., a continued tightening by the Federal Reserve. We would like to take this opportunity to share our reflections on the current climate especially as it relates to our … Continued

Don’t Stop Just Because You’ve Reached a Goal

Key Takeaways Setting goals too low can be just as debilitating as setting goals too high. Don’t ever stop asking yourself, “How can I do better?” Your goals will and should change over time. Your financial advisor can be a great sounding board for setting realistic goals and devising strategies to achieve them. Goals are … Continued

Building Wealth That Matters

The most important component of embracing simplicity in building financial wealth might be that it allows you to focus on the type of wealth that matters most of all – the spiritual wealth of sharing your talents and wisdom with others. In Soundmark Advisor Bill Schultheis’ latest column, he describes a few ways you can … Continued