News

In this open letter Pontera CEO Yoav Zurel responds to a recent New York Times article titled Fintech Start-Ups and Investment Firms Are Battling Over Your 401(k) that describes Fidelity’s attempts to limit Registered Investment Advisors ability to manage their client’s 401(k) accounts. Sagent Wealth Management uses Pontera’s Fin-Tech platform and supports Mr. Zurel’s position.

Financial tech companies are connecting outside financial advisers to your retirement accounts, and at least one investment firm, Fidelity, is resisting.  Click Here to read the full article from the New York Times

In this Bloomberg article, Economist Alberto says; There are three parties who can end up bearing the cost of tariffs: foreign exporters, US firms that bring goods into the US, or US consumers. According to Cavallo, studying real-time pricing data shows that foreign companies aren’t paying for Trump’s tariffs, and US businesses are coughing up  Read more ➝

The number of shipping containers carrying US imports fell for a second straight month, a private gauge showed, putting the economic indicator on course for one of the sharpest year-on-year reversals on record as President Donald Trump’s tariffs disrupt purchases of goods from abroad.  Click Here to view Bloomberg Article

If you’re considering rolling over your 401(k) into an IRA account, it’s important to weigh the pros and cons. Pontera has published an informative article outlining some key factors to consider when making this decision. Take a look and feel free to reach out with any questions. We’re here to help!

Are you ready to chart a course to your financial destination? We think our complimentary financial plan is the perfect first step. Learn all about the benefits described in this article from the folks at Motley Fool and give us a call when you are ready for us to prepare yours! https://www.fool.com/retirement/strategies/financial-planning

When it comes to your 401(k) plan, what happens when you leave your employer or the plan ends? Don’t fret! You’ve got options. Check out this informative article that outlines the pros and cons of each option. Its always a good idea to be informed so you can make the best decision for your financial  Read more ➝

Thinking of staying home for vacation? Vacation could just be a state of mind…and a staycation much more affordable. Here are 7 tips to a low-cost, work-free staycation…click here to read. If you are looking for more insights on how to save money, contact us for a complimentary financial checkup.

Real gross domestic product grew at an annualized rate of 2.4% in Q2, unemployment stands at 3.6% nationally, and wages are now growing quicker than inflation. Yes, the interest rates were just raised by a quarter point on July 26th and are projected to raise again in the foreseeable future, however, the state of the  Read more ➝