For organizations in the Tri-Cities and beyond, an endowment provides the financial stability needed to weather economic fluctuations, attract major donors and plan with confidence.

After more than 15 years in the financial services industry, Kevin Floyd has opened Pomona Wealth Management, calling it a “next generation” wealth management firm that’s fully independent and based in the Tri-Cities.

Presidential elections can create uncertainty around the stock market, as potential changes in leadership may usher in new laws or policies that can impact investing and financial planning strategies. Historically, however, elections typically aren’t as impactful as some investors may believe.

Whether it’s the threat of professional malpractice suits, unexpected medical expenses, automobile mishaps, or the complexities of business litigation, safeguarding our financial resources is paramount. 

When business owners get even the slightest hint of an interest in exploring sale options, they should engage a valuation expert to get a thorough, unbiased determination of value.

Can you engineer a process that results in joy? 

A parent can structure a gift of $1 million to a child today so that neither the child nor the parent will pay any tax.
A common misconception is that a person is limited in the amount of gifts he or she can give to friends or family. The truth is that there are no limits. 

Expectations can shift a market in the short term, but reality often will right the ship. The expectation heading into 2024 was that borrowing rates would decrease, but the reality is there hasn’t been much of a shift.

When weighing how best to incorporate charitable giving into your estate plan, it makes sense to lean on one specific type of asset to make your charitable gifts.

Q&A with Michelle A. Clary, CEO & Founder, Piton Wealth.