Investor Behaviors and Investment Basics

  |  August 16, 2017

Many investors, including some of REDW Stanley’s clients, are a bit uncomfortable with the present state of the stock market. They feel that valuations are too high, that the extended life of the recovery is undeserved, and that, any day now, the other shoe is going to drop (meaning the market will experience a correction – which, incidentally, is a normal part of an economic cycle). What can we, as your financial partner, do to help improve your comfort level? Read more. Read More

Vendor Fraud: A Continuing Threat

  |  August 14, 2017

Vendor fraud continues to be a major threat to organizations. In fact, vendor, supplier and procurement fraud is the second most prevalent fraud, according to the 2016-2017 Kroll Global Fraud Annual Report.

Who is the most at risk from vendor fraud? Read more. Read More

Companies Boosting 401(k) Contributions to Retain Employees

  |  August 14, 2017

Some companies in certain industries are using a new strategy to keep the best employees and motivate staff to save for retirement. According to an article in the July 17 edition of The Wall Street Journal, companies ranging from Microsoft Corp. to Host Hotels & Resorts Inc. are boosting contributions to their workers’ 401(k) plans, a move many firms have long resisted because of the greater costs. Read more. Read More

Market View (July 2017) – Investing is Not Gambling

  |  August 9, 2017

Perhaps one of the most common comparisons is the one comparing investing to gambling. The similarities are undeniable. You can lose all your money or end up with a great deal of money. Even the indicators of success and language are similar. We talk about being up or being down, being in the red or being in the black, the big loss or the big win. Both utilize statistics and we talk about the odds of certain outcomes. However, there are major, fundamental differences that we will explore. Read more. Read More

New IRS Tax Scam Focuses on Electronic Payments

  |  July 27, 2017

The Internal Revenue Service issued a warning on June 15 about a new scam linked to the Electronic Federal Tax Payment System (EFTPS), where scammers call to demand an immediate tax payment through a prepaid debit card. This fraud is being reported across the country, so all taxpayers should be alert to the details. Read more. Read More

The Importance of the Insured’s Finances on First-Party Claims

  |  July 26, 2017

Two principal questions serve to illustrate the financial issues that may confront carriers in handling a first-party claim. First, so-called time element losses such as business interruption, loss of use, and additional living expense claims highlight the importance of understanding the insured’s on-going operations for purposes of evaluating the value of a loss.

Second, a discussion of questionable or even fraudulent claims illustrates how a complete understanding of the insured’s finances can identify red flags and, potentially, proof that the insured has overstated their claim or had a motive to commit arson or stage the theft of goods, services, and materials related to their business. We begin, therefore, with a discussion of those two issues as they arise under common first-party claim situations. Read more. Read More

Occupational Fraud Is a Worldwide Problem

  |  June 28, 2017

Over the years, I have been invited to speak to various groups, and in a variety of venues, on the topic of employee theft—or, as the Association of Certified Fraud Examiners (ACFE) likes to call it, Occupational Fraud. In June, I had the opportunity to speak again on this subject, this time in London, U.K.

For my visit to the United Kingdom, I made use of this international data which shows a significant amount of consistency with results from the U.S., and a few surprises. Read more. Read More

Social Security and the Foundations of Retirement Planning

  |  June 26, 2017

Recently, I read an article on retirement income planning that focused on the “best” combination of investments for a couple approaching retirement. The authors proposed that three hypothetical investors set out on their retirement journey with a healthy pot of money in the cookie jar and $24,000 of annual Social Security benefits as foundational income. The analysis then proceeded to look at three different ways to invest the nest egg to allow for the most flexibility in retirement.

I am quite sure that some investors are drawn to the mechanics of portfolio management and asset allocation while others are quite content to hire professionals to manage their accounts. But let’s compare this approach to retirement income planning with three different families that are about to go on an extended vacation, car and trailer included. Read more. Read More

Indian Health Service Offers Tribal Grants

  |  June 2, 2017

The Indian Health Service (IHS) is accepting applications in June from Tribes for three different grant opportunities:

To June 23, the IHS Office of Tribal Self-Governance (OTSG) is accepting applications for Planning Cooperative Agreements for the Tribal Self-Governance Program (TSGP). The purpose of the agreement is to provide resources to Tribes interested in entering the program and to existing Self-Governance Tribes interested in assuming new or expanded programs, services, functions and activities. Read more. Read More