April 2019
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4 Reasons to Consolidate Accounts
Regardless of what stage you're at in life, having a financial plan in place is critical.

One approach to managing your retirement savings and investments is to spread your accounts out at multiple companies. While this may sound like a way to ensure your accounts are diversified, adding the complexity of planning across multiple providers is not only more time consuming, but it may be causing you to miss out on the several benefits that come along with consolidating your accounts. 

Click here for 4 Reasons to Consolidate Accounts, and see how putting your finances in one place can potentially save you both time and money.

If you are interested in reviewing the potential benefits of consolidating your savings and investments, please call our office at (518) 584-2555 to schedule a meeting.
April is Financial Literacy Month!
Being financially literate is defined as understanding the core concepts of money management and being able to apply them in a manner that is beneficial to yourself and your family's long-term financial comfort and security. 

Unfortunately, financial literacy in America is not the strongest, and in effort to highlight the importance of teaching Americans how to establish and maintain healthy financial habits, the U.S. officially recognizes the month of April as National Financial Literacy Month.

Want to see how you score among other Americans? Take the quiz to find out! 
Did You Know?
- The U.S. ranks 14th globally in terms of financial literacy.

- Only 16% of U.S. students are required to take a personal finance class in school.

- 76% of millennials lack basic financial knowledge.

- 4 out of 5 adults say they were never given the opportunity to learn about personal finance.

Source: NGPF.com
Join Us for Our
8th Annual Shred Event!
Gather your old and unneeded documents and come join us at our 8th Annual Shred Event on Saturday, May 4th from 9:30am until 12:00pm! 

We have partnered with the Saratoga County Chamber of Commerce, Confidata, Fingerpaint and the Saratoga Business Journal again this year to make the event community-wide in recognition of Earth Day. All paper is shredded, baled and shipped to local paper mills to be recycled for reuse! The event will be located at the Fingerpaint parking lot outside of our office building at 18 Division Street in Saratoga Springs.

This year we are graciously accepting monetary donations to benefit our local food pantry at the Franklin Community Center.

Unsure of what old documents and confidential files to keep or shred?
Click here for a list of suggestions or give us a call at (518) 584-2555. We hope to see you there!
Robert Schermerhorn, CFP® Jamie Usas, CFP®,
Operations Manager
Amanda Friedman,
Wealth Consultant
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18 Division Street, Suite 305
Saratoga Springs, NY 12866
Phone: 518-584-2555
Toll Free: 800-203-6066

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Planning Tip
Does your tax withholding need an adjustment?

You've most likely filed your taxes for 2018 - now it's time to evaluate. How did your withholding compare to your actual tax tab? If you received a large refund and expect your tax situation to be similar in 2019, consider adjusting your withholding to hold onto more of your money throughout the year. If you didn't withhold enough, consider increasing your withholding in 2019. You can have money withheld from various retirement sources, such as pensions, annuity payments and IRA distributions.

We suggest that you discuss your specific tax issues with a qualified tax advisor.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.

Securities & advisory services offered through LPL Financial, a registered investment advisor, member FINRA / SIPC