Anchor Capital Advisors LLC

🎄 As the year comes to a close, we’re taking a moment to reflect on what matters most—our people, our clients, and the connections that make our work so meaningful. Happy Holidays from #AnchorCapitalAdviorsLLC

What's on your investment radar? At Anchor, we've been monitoring key shifts in the market landscape. Curious about what caught our attention most recently? Read our latest update below. #InvestmentInsights #StayInformed #ValueInvesting Alison Goodrich, CFP®, Stephen Cavagnaro, George Whitmore, Patrick Fischoeder, Daniel Cronin https://lnkd.in/eNSUjNWs

As summer winds down, our team is keeping a close eye on IRS rates, legislation and economic shifts. Stay up to date with our September publication of "What We're Watching". Stephen Cavagnaro Alison Goodrich, CFP® Patrick Fischoeder George Whitmore William Hickey https://lnkd.in/eUK64ePP

Artificial Intelligence is not only driving innovation but also reshaping the stock market. While the opportunities are immense, the risks can't be ignored. In our latest article, we explore how AI is changing the game for investors, the potential risks of hype, and how Anchor is navigating this technological revolution. Ready to embrace the future of investing? Check out our latest publication below! https://lnkd.in/eGfVWibb

Is your child heading off to college soon? Don't overlook this critical step – preparing their estate planning documents.   While your child may still rely on you for financial and medical matters, once they turn 18 years old, legally the decision-making authority becomes theirs alone. Without the necessary estate planning documents, you may find yourself unable to assist with their finances or even authorized to receive medical information if your child is admitted to a hospital. Documents such as a HIPAA Authorization, Durable Financial Power of Attorney, and Health Care Proxy can help you prepare for any unforeseen circumstances.   Understanding the various implications and ensuring any drafted documents will protect your new college student can provide you with peace of mind. Contact your Anchor Team to learn more.  Stephen Cavagnaro, Alison Goodrich, CFP®, Patrick Fischoeder

View our June addition of What We're Watching and learn more about the latest updates to IRS Rates, Legislation, Guidance & Judicial Cases, and Domestic and International Headlines. https://lnkd.in/extwGJC3 Don't miss out on topics such as: Alabama Passes Child Care Credit at Business Level Alaska Advances Pot Tax Reform Iowa Adopts New Flat Income Tax Rate Golfing Might Get Cheaper in South Carolina Another Bill Proposed To Tax University Endowments Stephen Cavagnaro Cameron Rahbar Alison Goodrich, CFP® Patrick Fischoeder George Whitmore William Hickey

TAX UPDATE - RELIEF FOR SOME INHERITED IRAS: As a reminder, the SECURE Act eliminated the commonly utilized “stretch IRA” for beneficiaries. A new 10-Year Rule was established where applicable inherited IRAs would have to be fully distributed within 10 years. The IRS then issued subsequent notices addressing whether Required Minimum Distributions were mandatory during this 10-year period. Confusion ensued within the tax world, leading the IRS to waive any related distributions in 2023.... Read more below! Contact Anchor's Private Client team to find out if this applies to you. Stephen Cavagnaro, William Hickey, Daniel Cronin, George Whitmore, Alison Goodrich, CFP®, Patrick Fischoeder, Cameron Rahbar

Anchor Welcomes Daniel Cronin to the Private Client Team as Director of Client Development. https://lnkd.in/eE4Yv9Zb

View our April addition of What We're Watching and learn more about the latest updates to IRS Rates, Legislation, Guidance & Judicial Cases, and Domestic and International Headlines. Stephen Cavagnaro Cameron Rahbar Alison Goodrich, CFP® Patrick Fischoeder George Whitmore William Hickey https://lnkd.in/eQf8QwP7

Anchor's Wealth Strategist Cameron Rahbar, MST, CFP®, AEP® shares his monthly planning series, What We're Watching. Click below to read the March addition. Stephen Cavagnaro George Whitmore Alison Goodrich, CFP® Patrick Fischoeder William Hickey https://lnkd.in/ei8piV7t