TPW This Just in

Mutual fund trends: We were fortunate to have had the opportunity to spend 45 minutes meeting with Noel Archard, State Street’s Global Head of Product. Noel has 25+ years of wealth management industry experience (and he is a Philadelphia guy!), bringing a specific expertise in exchange traded fund (ETF) and mutual fund structure, operations, and mechanics. Discussion topics included:

• An overview of ETF & mutual fund trends across both retail and institutional investors.
• State Street’s current thinking of SPDR ETFs – what will the future of product look like?
• An overview of State Street’s existing SPDR ETF lineup & the logic behind their active ETF partnerships (DoubleLine, MFS, GSO, etc.).
• An in-depth explanation of overall ETF structure/mechanics, and the process for bringing new ETFs to market.

The momentum of Towerpoint Wealth’s Lunch and Learn series continued on January 18^th, featuring 4^th generation Sacramentan and real estate expert Brian Kassis, of RE/MAX Gold. The educational workshop was extremely well received, as eighteen attendees soaked in Brian’s 30 years of experience and wisdom, learning about the myriad of considerations, risks, and benefits of investing in residential real estate. Noting that investing in rental properties isn’t always for the faint of heart, Brian also stressed the many reasons supporting the longer-term wealth building benefits owning residential real estate can provide. Be sure to join us for our next Lunch & Learn, Six Surefire Ways To Improve Your Financial Life, on February 28^th! 

Learn more here: A Guide For Real Estate Investing in Rental Property

Towerpoint Wealth hosted the fourth in its inaugural Lunch and Learn series of downtown educational workshops on December 13th, with Year-End Tax Saving Tips being the subject matter. Kevin McCarl, a Senior Tax Manager at Moss Adams, LLP, led the interactive discussion, as 15 attendees enjoyed boxed lunches from My Sisters Café while participating in the presentation. The timing of the L&L was excellent, as the content focused on actionable 2017 end-of-year ideas to minimize one’s income tax obligations, and also an update on the ever-changing major provisions of the big federal tax reform bill. We were pleased to have a number of guests let us know afterwards that this was 45 minutes of time well spent!

Tax Reform and Year-End Planning Update presentation

83 clients, friends, and colleagues of Towerpoint Wealth got all “gussied up” in helping Towerpoint Wealth celebrate the official launch of the firm and of the 2017 holiday season. The theme of the evening was twofold, as the event venue, the Scandal Bar (inside of the swanky Citizen Hotel in downtown Sacramento), lent directly to the Roaring 20’s motif and attire. And Towerpoint Wealth’s president, Joseph Eschleman, also spoke to the themes of love and family in a heartfelt speech to all party attendees. A roaringly good time was had by all, and left the Towerpoint Wealth family eager for their invitation to TPW’s 2018 event!

President Joseph Eschleman spent a good, productive pre-Thanksgiving day at Dynasty Financial Partners NYC headquarters on Wednesday, collaborating with Dynasty’s CEO, Shirl Penney, about Towerpoint Wealth’s vision, buildout, and continued growth.

TPW Lunch and Learn series of downtown educational financial workshops continued yesterday afternoon, with the third in the L&L series focusing on how to reduce investment expenses. Sixteen attendees enjoyed listening to Towerpoint Wealth’s president, Joseph Eschleman, and A.J. Rea, Director at iShares, lead a spirited and interactive discussion on the importance of minimizing fees, costs, and expenses while working to grow (and protect) one’s net worth. A.J. and Joseph spoke not only to how exchange traded funds (ETFs) have revolutionized the investment landscape over the past twenty years and the mechanics of how they work, but also to how these extremely low-cost investment vehicles can help investors “get better gas mileage” on their portfolio.

Learn more about the fundamentals and low costs of exchange-traded funds (ETFs)

Towerpoint Wealth’s president, Joseph Eschleman, was the featured expert speaker during last night’s Women in Otolaryngology (WIO) educational dinner, organized and hosted by prominent local ENT doctor Debbie Aizenberg. The quarterly dinners feature an expert in various professions, and last night’s event provided an interactive forum allowing guests to interface with Joseph about a myriad of personal financial and wealth management issues.

TPW in San Francisco: Very productive meeting with a very good client in Towerpoint Wealth’s San Francisco satellite office today. A central policy of Towerpoint Wealth – never let geography get in the way of helping a client properly coordinate their financial affairs.

Our fourth wave of new client Towerpoint Wealth welcome packages went out today – we are humbled by our client’s trust and confidence as our progress and growth continues…

New clients of Towerpoint Wealth seem to be enjoying both the comfort and style of their new t-shirts, and functionality of their new travel bags!