Several years ago, I started working with a business owner who managed 20 to 30 employees in the manufacturing industry. I worked with him individually on investment management, and every year he made contributions to his personal accounts. At first, we didn’t have any understanding of his business beyond a means of generating cash flow.
Almost all of our staff members are alumni of York College of Pennsylvania. This is a neat niche we have been able to foster almost by chance and as our firm continues to maintain a great relationship with the college they have featured us in the most recent issue of YC Magazine.
Young or old, wealthy or poor, online or in person … Nobody is immune from financial scams and identity theft slams. No matter who you are or how well-informed you may be, the bad guys are out there, daily devising new tricks for every fraud we fix. We recommend approaching your personal security the same way you approach investing: Instead of feeling you must immediately chase every defensive action out there, start with a plan.
The team at Sensenig Capital is very pleased to announce the addition of Kurt W. Angstadt, CFP® to our staff of advisors. Kurt brings years of depth and experience to SCA, particularly related to wealth management and company retirement plans. We would welcome you to click through and read more about Kurt’s experience and interests.
By design and intent, we are and will remain an independent, fee-only Registered Investment Advisor firm, dedicated to advising our clients on how to best manage their wealth – all of their wealth – according to their own cherished goals. We are dedicated to being transparent and caring and fiduciary. With or without any regulatory requirements, this is what we do; it’s who we are. It’s bred in our bone. As the DOL rule begins to (hopefully) improve on the retirement planning advice that all investors receive, we welcome any questions you may have about its impact on your own interests. In the meantime, if you notice other firms mimicking us as a result of the new requirements, you might want to ask them: What took you so long?
I suppose one such moral to this story would be to do all you can in working toward some good and worthwhile life goal. Do so with humility and with the expectation of inevitable roadblocks along the way. And, if you are given the chance to help others in the process, make sure to embrace the opportunity.
At its January 2015 board meeting, Jeremy Brenn was named to the Finance Committee of Lower Providence Township in Eagelville, PA.
As they say, in life it’s important to work hard but also to have some fun along the way! It’s also a real benefit when we have the opportunity to share great experiences with our clients. To that end, we recently attended a golf clinic with long-time clients of our firm. The event was hosted by Gary Player in order to benefit his grandson’s fundraising effort for the Eagle Scouts.
We recently wrote an article in our company newsletter about the benefits of teaching children wise money management skills. Since that time, Ryan, Jeremy’s oldest son, had asked if he could open a bank account in order to save his money but also earn interest. As Jeremy had mentioned, “I guess Ryan overheard my wife and I talking about how you can earn money in a bank or investment account because he asked to open an account purely on his own, without any coaxing on our part.”
Sensenig Capital was recently featured in an article published on the website www.onwallstreet.com written by Bruce W. Fraser. The article asks the question of whether liability driven investing, which is traditionally used in pension plan management, can work for individual clients.