Expediency vs. Security or Why REDW Stanley Goes the Extra Mile to Protect Our Clients

  |  January 27, 2017

We’ve recently had a number of REDW Stanley clients object to our established process for wiring money—calling it “convoluted” or “so not a part of the 21st century” because it’s still largely paper- and people-based. But while I do agree the process may seem overly complicated or outdated, there are very good reasons why this is so—and they all have to do with protecting our clients. Read more. Read More

An End … and a Beginning

  |  November 30, 2016

As 2016 comes to a close and we look forward to 2017, it’s a good time to review those basic investing decisions that all investors must make to increase the likelihood of achieving their financial goals and objectives. The basics of investing are just that—basic tenets to follow that may result in accumulating assets that can help investors successfully attain whatever goal they have established, such as paying for a college education, taking the family on a vacation to celebrate a significant event, buying a first or second home, or funding a rewarding retirement. Read more. Read More

Reverse Mortgages Explained

  |  August 29, 2016

Watching a television commercial where a familiar personality talks about reverse mortgages may generate both interest and questions about that financial tool. Those television spots highlight the benefits of reverse mortgages as an attractive option for generating cash for senior homeowners and allowing those homeowners to stay in their homes. While receiving cash to supplement income and staying in one’s home are goals most anyone would love to attain, research and due diligence should be performed to determine if a reverse mortgage is an option for those who qualify. Read more. Read More

On Annual Filing Dates and Fraud

  |  May 31, 2016

Tax season often ushers in the appearance of those who want to separate you from your personal financial information for their gain—and your loss. Others need no help in implementing strategies to either reduce their tax bite or obtain tax breaks they do not deserve.

The IRS Criminal Investigation Division works with the Department of Justice to ferret out those fraudsters and prosecute them. Each year the IRS publishes a list of common frauds that taxpayers may encounter anytime, but which may be especially visible during tax season. Read more. Read More

Your Investment Accounts: How to Deal with Identity Theft and Data Breaches

  |  February 19, 2016

An Investor Alert recently issued by the SEC’s Office of Investor Education and Advocacy recommends the steps investors should take to safeguard their investment accounts if they are victims of identity theft or if their electronic data is hacked. While the Alert was directed primarily toward safeguarding investment accounts, many of these actions should be taken to protect credit card and bank accounts, as well.

You should always take steps to protect your personal financial information, such as Social Security numbers, bank and investment account numbers, user names and passwords. If you are the victim of identity theft, however, or you discover your personal financial data has been breached, there are a number of steps you need to take as soon as possible. Read more. Read More