FinCEN Updates Beneficial Ownership Reporting Requirements: What U.S. and Foreign Companies Need to Know The Financial Crimes Enforcement Network (FinCEN) has issued an interim final rule that removes the requirement for U.S. companies and U.S. persons to report Beneficial Ownership Information (BOI) under the Corporate Transparency Act. This decision, announced in alignment with the U.S. Department …
FineMark’s Pelican Bay Office in Naples, Florida Celebrated its 10th Anniversary!
Celebrating a Decade of Excellence: FineMark’s Naples Location at Pelican Bay Last week, we celebrated the 10th Anniversary of FineMark’s Naples Pelican Bay office, surrounded by our incredible community of clients and colleagues. This milestone not only marks a decade of dedicated service and growth in Naples but also highlights the strong relationships we’ve built …
Tax Deduction Basics: What You Need to Know
Tax deductions can be a powerful way to lower your taxable income and reduce your tax bill. But with multiple deduction options, how do you know which one is right for you? Here’s a breakdown of the two main types of deductions—standard and itemized—plus other potential ways to maximize your tax savings. Standard vs. Itemized …
2024 Q4 Shareholder’s Earnings Release
On behalf of everyone at FineMark Holdings, Inc.—the Board of Directors, the executive management team, and our dedicated associates—I am pleased to report on our performance for the fourth quarter of 2024.
2024 Q3 Shareholder’s Earnings Release
On behalf of everyone at FineMark Holdings, Inc.—the Board of Directors, the executive management team, and our dedicated associates—FineMark’s Chairman & CEO is pleased to report on our performance for the third quarter of 2024.
Review the Earnings Release
Change of Address for the Winter
Heading south for the winter or taking an extended vacation? Here are essential tips to safeguard your mail and information: Contact your financial institution: Not all institutions forward bank statements, like FineMark. Ensure to inform your bank of any forwarded mail status to avoid the return of your statements. Notify mail carriers at both your …
Interest Rates & Market Impact
On Wednesday, September 11th, our CIO, Chris Battifarano, and Tom Richmond, Co-Head of Taxable SMAs at Wasmer Schroeder (Schwab Asset Management), led a live discussion on interest rates and investment impacts. Their insights are crucial ahead of the Federal Reserve rate announcement on September 18th.
Market Update
Stock markets are beginning to regain footing today after the S&P 500’s worst day in nearly two years. Now investors are wondering, what caused this market turmoil and more importantly, what can we expect next. Chief Investment Officer Chris Battifarano explains.
[New Features] FineMark’s Business Banking App 5.0
New App Features Available We are pleased to announce the launch of Exception Decisions for Check & ACH Positive Pay and Approvals for Wire & ACH Origination in FineMark’s Business Banking App, giving you the ability to make time-sensitive decisions while on the go. Beginning August 6, 2024, you can view the essential details for …
2023 Fourth Quarter Review & Commentary
2023 ended on a high note with stunning bond performance in a reviving stock market. With a U.S. presidential election on the horizon, Executive Vice President & Chief Investment Officer Chris Battifarano uses historical data to evaluate year-end happenings and ponder what may lie ahead.
Read Article Here
Securing the Season, Preventing Holiday Cybercrime and Fraud
This holiday season, don’t let cybercriminals and scammers ruin your festivities. Check out our article and video on “Securing the Season: Preventing Holiday Cybercrime and Fraud” from the U.S. Department of Treasury’s Office of Cybersecurity and Critical Infrastructure Protection. Learn valuable tips on how to avoid common scams, exercise caution with unsolicited communications, and protect your personal and financial information. Stay informed and watch the video to stay one step ahead of cybercriminals.
Cyber Safe: Keeping Your Wallet and Identity Safe!
During a recent webinar on identity theft, FineMark’s professionals discussed various topics related to cyber scams and how individuals can protect their identity. The focus was on phishing attacks, including email, text, phone call, and payment app phishing. The experts also emphasized the importance of social media safety and shared tips to prevent becoming a victim of scams.
Watch Recording Here
