Perpetually Looking Forward

I think most of us would agree that life insurance is an important financial product to have in our arsenal. But in 2017, more than 4 in 10 people didn’t own a life insurance policy in any amount and 40% of those who did said they were under-insured.1 Why is there such a disparity? What are some of the obstacles people face when making their life insurance decisions?

I have often been asked by clients to explain why I entered the wealth management industry and chose to become a financial advisor. I knew I wanted to give a career in finance a shot, however, I didn’t know which area would be the best fit for me.

An advisor can play one of the most prominent roles in a person’s life, forming a long-lasting relationship and providing trusted counsel. It’s not surprising, then, that it can be incredibly overwhelming to find an advisor you trust and with whom you want to work with for the long-term.

An advisor can play one of the most prominent roles in a person’s life, forming a long-lasting relationship and providing trusted counsel. It’s not surprising, then, that it can be incredibly overwhelming to find an advisor you trust and with whom you want to work for the long-term.

Any time a tax change occurs, it affects more than just your net pay. In the case of the recent Tax Cuts and Jobs Act, Trump’s tax reform bill, we know that it lowers tax rates for individuals and corporations, increases the child tax credit, doubles the standard deduction, and caps or eliminates several deductions. But what does it mean for your estate plan?

At a young age, I saw just how true the phrase “do what you love, and you will never have to work a day in your life” is. My father was a successful Wall Street leader, and I saw how much he loved his job. He provided a strong and positive impression of the financial services industry, and I was inspired to do the same: pursue a career that allowed me to help others and feel satisfied in what I was doing.

The case studies presented are real descriptions of actual client relationships. We have protected the identity of the clients by changing names and locations. Given that many of our clients experience similar life events, the case studies are designed to depict the value proposition Simon Quick Advisors brings to the table. Each family we work with is unique. There is no “cookie cutter” set of solutions. We bring our full set of resources to the table to solve, educate, implement, and monitor.

Master Limited Partnerships (“MLPs”) experienced a significant sell-off between February and March, marking the 5th and 8th worst months, respectively, since the beginning of 2008 for the asset class as defined by the Alerian MLP Index. Sentiment has turned extremely negative with short interest reaching nearly 80 mm shares of AMLP (the biggest MLP ETF) from just 20 mm shares at the beginning of 2018.1,2 The subsector witnessed $305mm in outflows, the largest amount since July 2015.3 Nevertheless, we believe that the energy sector, and in particular midstream energy infrastructure companies are entering the recovery phase. There are 3 main elements to our thesis: the long-term demand for infrastructure, the evolution of the asset class and the tailwinds supporting the return opportunity going forward.