Blog & Insights
Mega backdoor Roths, explained
For those with excess discretionary income and a flexible workplace retirement plan, there may be a way to nearly triple 401(k) contributions and enjoy the future tax savings of a Roth account.
How contingent fee attorneys can lower their taxes
Contingent fee attorneys fight hard for their clients, who are often victims of horrible accidents or other tragedies. But when it comes to paying taxes on those contingent fees, however, these attorneys become victims…of the progressive tax system.
What is “the market”?
Investors, politicians, and TV talking heads all talk about "the market," but what does that phrase really mean? The generic term often refers to investment exchanges, benchmark indices, sectors of the economy, and more.
Why cash matters to your portfolio
We tend to think of cash in practical terms, as the money we spend every day. But cash can also play a powerful role in an investment portfolio. In this article, we’ll cover what cash is, why it’s important, how cash equivalents work, and the role a cash allocation plays in your financial plan.
April Market Update
Stocks and bonds gained value in March, but that headline masks a significant amount of volatility, courtesy of the banking sector.
College is expensive; 529 plans can help
For decades, the cost of higher education has increased faster than prices overall, making it critical for parents to plan ahead if they want to help pay for their child’s education.
March Madness 2023: Non-Basketball Edition
The monthly Fed/CPI/Employment headline-market movement industrial complex was rudely shouldered aside in the last week by a much bigger and faster-moving story. While the fallout from bank failures will take a while to unravel, and the impact on markets will likely be ongoing, the bigger picture wraps right back to the Federal Reserve. But first, a little recent history lesson.
The Quorum guide to 1031 Exchanges
When it comes to tax strategy, few tactics are more important for real estate investors than the 1031 exchange. We’ll cover what they are, how they work (planning ahead is essential), and how we approach 1031 Exchanges at Quorum Private Wealth.
Monthly market update: February 2023
Stocks and bonds are starting the year strong but what does the rest of the data say?
Risk and risk tolerance: A primer
When we say, "all investing involves risk," or discuss your appetite or tolerance for risk, this is what we're really talking about.
Updated IRS rules and limits for 2023
The IRS revised income tax brackets and other key figures for the 2023 tax year (to be filed in April 2024). Review the key numbers to know.
Do you have an estate plan?
An estate plan can help create security for your family. Yet misconceptions surround estate planning. Let’s dive into what goes into an estate plan so you can better assess whether you need to create one.
Checklist: Changing jobs
Changing jobs can be as stressful as it is exhilarating. Where you work can affect everything from your health to your retirement via your benefits package. This checklist can help you keep track of some of the high-level decisions you’ll likely need to make when changing jobs.
Leverage 101: How to get strategic about debt
Leverage can be a great tool when used strategically. With inflation and interest rates front and center, there has never been a better time to review the basics of smart debt.
Sanctuary Wealth Partner Quorum Private Wealth Goes Bicoastal
Quorum Private Wealth is now bi-coastal with the opening of the New York-Metro office led by Partner Dylan O'Shea.
Tax location: Why the where matters
Prudent investors should also consider where the investments live—specifically, whether it’s better to keep investments in taxable or qualified accounts. We call this tax location, and it can be an important part of wealth management.
Equity compensation: An overview
Which type of equity compensation is the best…and which should you try to negotiate to a better offer? We rank equity compensation from most (restricted stock units) to least desirable. Learn more about the pros and cons of each.
August 2022 Market Commentary: Will a Month of Fresh Data Change the Fed’s Aggressive Stance?
Is it recession now, later… or never? Will the Fed slow down on increases? The data is coming in thick and fast, but what does it mean for you? Recession is an opportunity in wolf's clothing. We dive into the details in this month’s commentary.
We are Empty-Nesters! Now What?
With his last son off to college in the fall, Kelly Milligan shares his own experience as a soon-to-be empty nester and the areas he believes will be the largest to adjust to.
Raising Children With Wealth: It’s All About Financial Education
Our work with clients often focuses on multi-generational wealth. Achieving the kind of success that means you’ve created wealth that – with careful management – will be part of your family for generations brings with it some unique challenges.
Women’s Life Journeys and the Path to Financial Independence
Happy Mother's Day from Quorum! Sue Mazzetti discusses the unique relationship between women and money, her own journey and shares tips to keep you on track no matter what life throws at you.
Celebrating Our First Year as an Independent Advisor
April 30th, 2022 marks the one-year anniversary of Quorum Private Wealth! A look back at the journey and toward the future of our firm.
$1.5B Merrill Team Jumps Ship for Indy Firm
Sanctuary Wealth, a network of independent advisors with over $16 billion in assets under advisement, has snapped up a $1.5 billion advisor team from Merrill Lynch in Walnut Creek, California
Sanctuary Wealth Scores ‘Biggest Win to Date’ in Recruiting $1.5B Merrill Team
Merrill Lynch didn’t immediately respond to a request for comment on Monday about losing the team to Sanctuary Wealth. Calling Quorum an “outstanding” team, Jim Dickson, CEO and founder of Sanctuary Wealth, said in a statement
The Quorum guide to HSAs
A look at what HSAs are; who qualifies to use an HSA; how to get the most out of an HSA; and how HSAs fit into an overall financial plan.
April Recap & May Outlook - The End of a Fed Cycle?
The biggest news in the Fed’s statement after their meeting on May 3 was what it didn’t say.
What is the yield curve (and why does it matter)?
Every decade or so, economists and analysts start talking about the yield curve. This article looks at how interest rates work, it’s easy to understand why the yield curve is important, and why many traders and investors use it to help forecast what’s ahead for markets and the economy.
Happy Anniversary! We’re two
It’s been two years since we launched Quorum Private Wealth, and we wouldn’t be here without the trust, encouragement, and loyalty of our clients. Which is why we want to update you on all we’ve accomplished in the past two years and share what’s we’re looking forward to next.
Marry your finances
Marriage is a big decision, but the financial questions that come with the tying the knot sometimes take a back seat to the excitement. We put together a checklist to help make the conversations around money a little bit easier. (Download the PDF to make it interactive.)
Checklist: What to do after a layoff
If you recently lost your job, it’s normal to feel stressed and confused. But we want to help ensure that stress doesn’t extend to your finances. This checklist can help you keep track of some of the high-level decisions you’ll likely need to make following a layoff.
Monthly market update: March 2023
Uncertainty hit markets (again) in February, but there are plenty of opportunities for investors.
Planning for RMDs in 2023
What required minimum distributions (RMDs) are and how they impact a financial plan. Plus, why they matter in 2023.
Winners and losers in 2022
We always say that past performance doesn’t predict future results, and 2022 proved why: Many of the historical relationships between asset classes broke down last year.
The latest law to impact your retirement (SECURE 2.0)
The new SECURE 2.0 law makes significant changes intended to save how Americans save for retirement. See if you're impacted and how.
Inflation risk: What it is, and why it matters
If you avoid market risk by selling investments to keep money in cash, you may be susceptible to inflation risk. This article looks at what inflation is, its potential impact on investments, and how to think about the risk and tradeoffs involved.
The tax surprise lurking in bonuses
Getting a bonus is great news, but theway bonuses are taxed can sometimes surprise folks, so we put together a guide to help you prepare.
Deferred comp: The amazing benefit no one is using
Deferred compensation is one of the most powerful tax minimization tools legally available. Because it is relatively uncommon, you may not be familiar with the benefits. We go over what you need to know.
Roth conversions: When (and why) they make sense
Roth IRAs can be a great tool when it comes to both tax strategy and income planning in retirement. While direct contributions to Roth IRAs are constrained by income limits, that doesn’t mean Roth accounts are entirely inaccessible. We occasionally suggest Roth conversions to our clients. This article explores why we might make that recommendation by answering a few key questions.
Quorum Announces New York-Metro Office Opening! Welcome Dylan O'Shea & Sunny Springer!
Quorum Private Wealth is expanding our capabilities and going bi-coastal! We are proud to welcome our new Partner, Dylan O’Shea, an 11-year Merrill veteran, who will be head of Quorum’s New York-Metro office. His high-touch service model and client base fits seamlessly with our vision and mission, and we are excited to be working together. Dylan will be supported by Wealth Associate Sunny Springer, who is a 10-year financial services professional. Welcome Dylan and Sunny!
Investment accounts: Do you have a tax strategy?
When we talk about diversification, there’s more to consider than just what mix of stocks and bonds you have in your portfolio. We also want to consider the type of accounts you have those assets in. Specifically, we want to look at how different investment accounts are taxed since this can help create opportunity and flexibility within a financial plan.
What to Do When Your Financial Advisor Changes Firms
You get a call from your Financial Advisor that they changed firm. Big news, but what are your options and what questions should you ask to figure out what's best for you?
How to Protect Your Wallet and Portfolio - Financial Literacy Q&A with Kelly Milligan (from Nasdaq TradeTalks with Jill Malandrino)
This blog is a Q&A on Financial Literacy with Kelly Milligan, featured in Nasdaq TradeTalks Newletter from August 10, 2022.
Inherited 401(K): A Guide for Beneficiaries
An inherited 401(k) account comes with its own rules and timing, in addition to the usual 401(k) rules. Depending on your relationship to the original owner, the ways to access the funds are different, too. See this blog to help make the right choices for you.
Are You Diversified? Why Does It Matter? Hint: It’s All About Correlation
Diversification is one of the best ways to reduce risk and volatility when investing. So, is your portfolio diversified? Why does that matter?
How to become a Millionaire? Earn the Personal Management Merit Badge
Better to start early than finish late. Managing Partner, Kelly Milligan, shares his experience in teaching Scouts the importance of financial literacy through personal responsibility. Just as an Eagle Scout requires dedication and hard work, so does the path to carve the life you want.
My Relationship with Money
Managing Partner, Kelly Milligan reflects back on his childhood and his journey to becoming a Financial Advisor
Sanctuary reaches 50 teams after adding largest wirehouse breakaways
A growing RIA that's tapping into it's founder's ties with a wirehouse
$1.5B AUM Merrill Team Partners With Sanctuary To Go Independent
Sanctuary Wealth has partnered with Mike Barry and Kelly Milligan to launch Quorum Private Wealth, an independent firm based in Walnut Creek, Calif., the companies said in a recent news release.
Sanctuary Hires $5-Million Merrill Lynch Team in Walnut Creek
Sanctuary Wealth, a hybrid independent broker-dealer launched in 2018 by a former Merrill Lynch divisional manager, on Friday reached back into his alma mater for its largest recruit since its founding.
Mega backdoor Roths, explained
For those with excess discretionary income and a flexible workplace retirement plan, there may be a way to nearly triple 401(k) contributions and enjoy the future tax savings of a Roth account.
How contingent fee attorneys can lower their taxes
Contingent fee attorneys fight hard for their clients, who are often victims of horrible accidents or other tragedies. But when it comes to paying taxes on those contingent fees, however, these attorneys become victims…of the progressive tax system.
What is “the market”?
Investors, politicians, and TV talking heads all talk about "the market," but what does that phrase really mean? The generic term often refers to investment exchanges, benchmark indices, sectors of the economy, and more.
Why cash matters to your portfolio
We tend to think of cash in practical terms, as the money we spend every day. But cash can also play a powerful role in an investment portfolio. In this article, we’ll cover what cash is, why it’s important, how cash equivalents work, and the role a cash allocation plays in your financial plan.
April Market Update
Stocks and bonds gained value in March, but that headline masks a significant amount of volatility, courtesy of the banking sector.
College is expensive; 529 plans can help
For decades, the cost of higher education has increased faster than prices overall, making it critical for parents to plan ahead if they want to help pay for their child’s education.
March Madness 2023: Non-Basketball Edition
The monthly Fed/CPI/Employment headline-market movement industrial complex was rudely shouldered aside in the last week by a much bigger and faster-moving story. While the fallout from bank failures will take a while to unravel, and the impact on markets will likely be ongoing, the bigger picture wraps right back to the Federal Reserve. But first, a little recent history lesson.
The Quorum guide to 1031 Exchanges
When it comes to tax strategy, few tactics are more important for real estate investors than the 1031 exchange. We’ll cover what they are, how they work (planning ahead is essential), and how we approach 1031 Exchanges at Quorum Private Wealth.
Monthly market update: February 2023
Stocks and bonds are starting the year strong but what does the rest of the data say?
Risk and risk tolerance: A primer
When we say, "all investing involves risk," or discuss your appetite or tolerance for risk, this is what we're really talking about.
Updated IRS rules and limits for 2023
The IRS revised income tax brackets and other key figures for the 2023 tax year (to be filed in April 2024). Review the key numbers to know.
Do you have an estate plan?
An estate plan can help create security for your family. Yet misconceptions surround estate planning. Let’s dive into what goes into an estate plan so you can better assess whether you need to create one.
Checklist: Changing jobs
Changing jobs can be as stressful as it is exhilarating. Where you work can affect everything from your health to your retirement via your benefits package. This checklist can help you keep track of some of the high-level decisions you’ll likely need to make when changing jobs.
Leverage 101: How to get strategic about debt
Leverage can be a great tool when used strategically. With inflation and interest rates front and center, there has never been a better time to review the basics of smart debt.
Investment accounts: Do you have a tax strategy?
When we talk about diversification, there’s more to consider than just what mix of stocks and bonds you have in your portfolio. We also want to consider the type of accounts you have those assets in. Specifically, we want to look at how different investment accounts are taxed since this can help create opportunity and flexibility within a financial plan.
What to Do When Your Financial Advisor Changes Firms
You get a call from your Financial Advisor that they changed firm. Big news, but what are your options and what questions should you ask to figure out what's best for you?
How to Protect Your Wallet and Portfolio - Financial Literacy Q&A with Kelly Milligan (from Nasdaq TradeTalks with Jill Malandrino)
This blog is a Q&A on Financial Literacy with Kelly Milligan, featured in Nasdaq TradeTalks Newletter from August 10, 2022.
Inherited 401(K): A Guide for Beneficiaries
An inherited 401(k) account comes with its own rules and timing, in addition to the usual 401(k) rules. Depending on your relationship to the original owner, the ways to access the funds are different, too. See this blog to help make the right choices for you.
Are You Diversified? Why Does It Matter? Hint: It’s All About Correlation
Diversification is one of the best ways to reduce risk and volatility when investing. So, is your portfolio diversified? Why does that matter?
How to become a Millionaire? Earn the Personal Management Merit Badge
Better to start early than finish late. Managing Partner, Kelly Milligan, shares his experience in teaching Scouts the importance of financial literacy through personal responsibility. Just as an Eagle Scout requires dedication and hard work, so does the path to carve the life you want.
The Quorum guide to HSAs
A look at what HSAs are; who qualifies to use an HSA; how to get the most out of an HSA; and how HSAs fit into an overall financial plan.
April Recap & May Outlook - The End of a Fed Cycle?
The biggest news in the Fed’s statement after their meeting on May 3 was what it didn’t say.
What is the yield curve (and why does it matter)?
Every decade or so, economists and analysts start talking about the yield curve. This article looks at how interest rates work, it’s easy to understand why the yield curve is important, and why many traders and investors use it to help forecast what’s ahead for markets and the economy.
Happy Anniversary! We’re two
It’s been two years since we launched Quorum Private Wealth, and we wouldn’t be here without the trust, encouragement, and loyalty of our clients. Which is why we want to update you on all we’ve accomplished in the past two years and share what’s we’re looking forward to next.
Marry your finances
Marriage is a big decision, but the financial questions that come with the tying the knot sometimes take a back seat to the excitement. We put together a checklist to help make the conversations around money a little bit easier. (Download the PDF to make it interactive.)
Checklist: What to do after a layoff
If you recently lost your job, it’s normal to feel stressed and confused. But we want to help ensure that stress doesn’t extend to your finances. This checklist can help you keep track of some of the high-level decisions you’ll likely need to make following a layoff.
Monthly market update: March 2023
Uncertainty hit markets (again) in February, but there are plenty of opportunities for investors.
Planning for RMDs in 2023
What required minimum distributions (RMDs) are and how they impact a financial plan. Plus, why they matter in 2023.
Winners and losers in 2022
We always say that past performance doesn’t predict future results, and 2022 proved why: Many of the historical relationships between asset classes broke down last year.
The latest law to impact your retirement (SECURE 2.0)
The new SECURE 2.0 law makes significant changes intended to save how Americans save for retirement. See if you're impacted and how.
Inflation risk: What it is, and why it matters
If you avoid market risk by selling investments to keep money in cash, you may be susceptible to inflation risk. This article looks at what inflation is, its potential impact on investments, and how to think about the risk and tradeoffs involved.
The tax surprise lurking in bonuses
Getting a bonus is great news, but theway bonuses are taxed can sometimes surprise folks, so we put together a guide to help you prepare.
Deferred comp: The amazing benefit no one is using
Deferred compensation is one of the most powerful tax minimization tools legally available. Because it is relatively uncommon, you may not be familiar with the benefits. We go over what you need to know.
Roth conversions: When (and why) they make sense
Roth IRAs can be a great tool when it comes to both tax strategy and income planning in retirement. While direct contributions to Roth IRAs are constrained by income limits, that doesn’t mean Roth accounts are entirely inaccessible. We occasionally suggest Roth conversions to our clients. This article explores why we might make that recommendation by answering a few key questions.
Tax location: Why the where matters
Prudent investors should also consider where the investments live—specifically, whether it’s better to keep investments in taxable or qualified accounts. We call this tax location, and it can be an important part of wealth management.
Equity compensation: An overview
Which type of equity compensation is the best…and which should you try to negotiate to a better offer? We rank equity compensation from most (restricted stock units) to least desirable. Learn more about the pros and cons of each.
August 2022 Market Commentary: Will a Month of Fresh Data Change the Fed’s Aggressive Stance?
Is it recession now, later… or never? Will the Fed slow down on increases? The data is coming in thick and fast, but what does it mean for you? Recession is an opportunity in wolf's clothing. We dive into the details in this month’s commentary.
We are Empty-Nesters! Now What?
With his last son off to college in the fall, Kelly Milligan shares his own experience as a soon-to-be empty nester and the areas he believes will be the largest to adjust to.
Raising Children With Wealth: It’s All About Financial Education
Our work with clients often focuses on multi-generational wealth. Achieving the kind of success that means you’ve created wealth that – with careful management – will be part of your family for generations brings with it some unique challenges.
Women’s Life Journeys and the Path to Financial Independence
Happy Mother's Day from Quorum! Sue Mazzetti discusses the unique relationship between women and money, her own journey and shares tips to keep you on track no matter what life throws at you.
Sanctuary Wealth Partner Quorum Private Wealth Goes Bicoastal
Quorum Private Wealth is now bi-coastal with the opening of the New York-Metro office led by Partner Dylan O'Shea.
Sanctuary reaches 50 teams after adding largest wirehouse breakaways
A growing RIA that's tapping into it's founder's ties with a wirehouse
$1.5B AUM Merrill Team Partners With Sanctuary To Go Independent
Sanctuary Wealth has partnered with Mike Barry and Kelly Milligan to launch Quorum Private Wealth, an independent firm based in Walnut Creek, Calif., the companies said in a recent news release.
Sanctuary Hires $5-Million Merrill Lynch Team in Walnut Creek
Sanctuary Wealth, a hybrid independent broker-dealer launched in 2018 by a former Merrill Lynch divisional manager, on Friday reached back into his alma mater for its largest recruit since its founding.
$1.5B Merrill Team Jumps Ship for Indy Firm
Sanctuary Wealth, a network of independent advisors with over $16 billion in assets under advisement, has snapped up a $1.5 billion advisor team from Merrill Lynch in Walnut Creek, California
Sanctuary Wealth Scores ‘Biggest Win to Date’ in Recruiting $1.5B Merrill Team
Merrill Lynch didn’t immediately respond to a request for comment on Monday about losing the team to Sanctuary Wealth. Calling Quorum an “outstanding” team, Jim Dickson, CEO and founder of Sanctuary Wealth, said in a statement
Quorum Announces New York-Metro Office Opening! Welcome Dylan O'Shea & Sunny Springer!
Quorum Private Wealth is expanding our capabilities and going bi-coastal! We are proud to welcome our new Partner, Dylan O’Shea, an 11-year Merrill veteran, who will be head of Quorum’s New York-Metro office. His high-touch service model and client base fits seamlessly with our vision and mission, and we are excited to be working together. Dylan will be supported by Wealth Associate Sunny Springer, who is a 10-year financial services professional. Welcome Dylan and Sunny!
