We are pleased to announce that Shelby McGuire has joined our talented team of professionals as a Wealth Management Advisor. “We are very excited to have Shelby on the team,” said Jeff Wambolt, Chief Operations Officer. “Shelby’s genuinely engaging approach creates a rewarding experience for her clients and colleagues.” Shelby has seven years of experience serving...

Oil prices dropped fast in recent weeks, driven largely by fears of growing U.S. output and weaker global demand. The Organization of Petroleum Exporting Countries (OPEC) has resolved to cut output in 2019 in an effort to stabilize oil prices. Global oil prices declined sharply in November, with the domestic benchmark (WTI) falling 22% for the month, the single...

Creating a comprehensive, tax efficient wealth portfolio is an active exercise that happens year-round.  Tax matters, especially for high-net-worth individuals who could see as much or more than 40% of their estate whittled away by estate taxes without careful forethought. As we approach year-end, it’s a good time to consider the many ways there are...

Many analysts generally link recent market jitters to uncertainty surrounding trade, Fed rate hikes, and global growth prospects into 2019. Of these, the “business cycle is one of the most important drivers of investment performance” (Guggenheim). According to Earnings Insight, analysts see single-digit earnings growth for the first three quarters of 2019, signaling a slowdown...

Social Security recipients are due to receive the largest increase in benefits in seven years. For many recipients, however, the increase in payments will go towards higher Medicare costs. As of September 2018, over 67.6 million Americans currently receive Social Security benefit payments. More than one in four of the adult population in the U.S....

The U.S. dollar is appreciating in value, a trend seen happening in the background of soundbites around trade tensions, tax cuts, and earnings projections. While we may not readily see the value of the dollar edging one direction or the other, we can identify the indirect effect in many different aspects of our economy. Where...

Doing good feels (even) better with a tax write-off. We have a recommendation for you this holiday season. Individuals that exceed the 70-½ age threshold are required by the IRS to take minimum distributions (RMDs) from their traditional IRAs, which have been growing tax-free since inception. The IRS will take a percentage of the investment...

The following content is part of our Fly of the Month Club. This article is written by Eddy Wittry from The Bighorn River TroutHouse Thirty one years ago I jumped into a drift boat and started to fish one of the biggest rivers I had ever seen. I was completely intimidated. At the end of...

Welcome to our ongoing series that answers your questions. This week, we asked Greg your question about why he wears a tie to the office every day. Here is his answer. Send us your questions at info@wamboltwealth.com. Question: Why do you wear a tie? Answer: Why is an important question. Why do people do anything? For me,...

The use of tariffs to force trade talks started slowly this past spring, getting more aggressive as we marched into the fall. Retaliation for unfair trade practices are now impacting the economy, but it’s an impact that so far remains modest. Forecasters surveyed by the Wall Street Journal said the amount of imposed tariffs so...