One of the most overlooked aspects of financial planning is estate planning. Many people put off the discussion, thinking it’s not necessary until later in life. But the truth is, it’s never too soon to start. An estate plan ensures that when you become incapacitated or pass away, your assets are managed by and go …
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.
Year-end Tips and Preparation for 2024
As we approach the end of 2023, now is the perfect time to review your financial planning, track your progress and make adjustments for the year ahead. To help you get started, we’ve compiled a list of five suggestions to consider before the year comes to a close. Review Your Investments First up, take a …
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
Should I enable two-factor authentication?
Strengthen Your Online Security: Two-Factor Authentication In an increasingly digital age, protecting your personal information from cyber criminals is vital. One effective way to enhance your security is by implementing two-factor authentication (2FA). By utilizing 2FA, you add an additional layer of protection, making it much more difficult for hackers to gain unauthorized access to …
2023 Third Quarter Review & Commentary
The third quarter marked a reversal for equities, which peaked for the year in July and then weakened in August and September. Bonds remain under pressure and did not provide diversification benefits for the traditional 60/40 investor during the quarter. Alternative investments, on the other hand posted positive returns for the period. We also saw a move up in longer term rates for the first time awhile.
Read Article Here
Conflict between Israel and Hamas
The world continues to watch in horror as the conflict between Israel and Hamas intensifies. We can only hope and pray for an end to the violence and a lasting peace in the Middle East. FineMark’s Chief Investment Officer, Chris Battifarano, weighs in on the potential economic ramifications in the attached brief video.
Equity Market Outlook
We believe many of our current investment themes characterization. One example is our current theme on artificial intelligence, AI, which we originally published in April and wrote extensively about in our Q1 newsletter. We believe that over the next 10 years, some labor that is currently being executed by humans, will be replaced by machines. …
Your Identity Has Been Compromised. Now What?
If you’ve discovered your identity has been stolen, there are steps you should take immediately to minimize the damage and protect your identity, finances, and credit score. You may want to start by calling your bank and other financial institutions to let them know what’s happening. Setup Alerts At FineMark, we will put an alert …
Emerging Trends: A.I. & Deglobalization
Given the current market rally year-to-date, what are our thoughts on the equity markets over the next 12 months? The performance of US equity market to date has vastly outstripped our and any other market forecasts we had seen from forecasters at the onset of the year. This rapid price appreciation is partially what led …
Our Views on the Risk of a Recession
Our view has been that we have been in an elevated period of risk for the US to enter a recession, however one has not officially occurred. We say officially because recessions are only known with certitude in hindsight, and we have not been informed by the NBER, The National Bureau of Economic Research that …
Protect Yourself from Peer-to-Peer Payment Service Scams
In today’s digital age, scammers are continually coming up with new ways to steal people’s money. One of the latest scams involves peer-to-peer payment services like Venmo® and Zelle®. Though these payment services are generally secure, criminals will try to scam you into sending money. Scammers’ Tactics One common tactic is impersonating your bank. You …
