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We are pleased to announce that our newly designed website will be available soon!
An official launch email will be sent to you shortly. We hope you find the same valuable information in a modern, streamlined, and expanded format.
TRAVEL LESSONS LEARNED

We are always delighted by the vacation stories, pictures, and tips that our clients share with us. Both Nancy and Vicky took awesome summer trips and checked off an item on their "Where I would love to go" bucket lists. Below, they share their travel tips with you.

Safe and fun travels to all of you. Feel free to share your tips with us too. Maybe we will all be better equipped and able to be more relaxed when we set off in the future!
Nancy's Italy Trip Tips
Some of my clients know that I ventured to Italy this summer to share in my niece’s wedding in Malcesine which sits at the northern tip of Lake Garda. I also visited Florence and Venice. This was the first time I have traveled out of the U.S. in many years. For those of you who shared tips with me prior to my adventure, thanks! I now have some travel tips for everyone:

(1)   Don’t overlook the convenience (and mostly value) of public transportation. 

Traveling from one city of bridges (Pittsburgh) to our sister city of bridges (Venice), my eyes were opened to the importance and value (to your wallet) of public transportation. 
Nancy Skeans in Malcesine, Italy
In Pittsburgh - Take a ride on the Pittsburgh Flyer (the 28X in bus language) to and from the airport. Although it makes some stops on its route to the airport, it is still a rather quick ride from downtown avoiding the traffic on Greentree Hill and at Settlers Ridge, costs $2.50 one-way, starts running early and goes late. Best of all, you avoid the hassle and expense of parking.

In Venice – Avoid the expensive water taxi to or from the Marco Polo airport to the main island and take the Alilaguna boats (a public bus on the water). The one way fair is 15 Euro versus 100 Euro or more for a private water taxi. Like the Flyer, there are lots of departure points and times. It makes several stops along the way, but what better way to see the sites.

(2)   Be prepared to be delayed. 

Do you remember when air travel was considered part of the vacation experience? Those days are gone. During my journey, I spent 7 hours of unplanned time sitting on the tarmac. The first 4 were in Miami, and I learned a few valuable lessons which got me through the 3 hour runway wait in Philadelphia on my way home.

Always take a full bottle of water and snacks on the flight with you. You have to buy the water after going through security, but make the extra stop and pick up a large bag of cashews and a few extra magazines. 

Don’t burn up you iPad battery sitting on the runway. Unlike an iPhone that can be charged from the plane’s seat port (if you packed your charger cords – see tips under 3), an iPad will not charge because the port doesn’t generate enough juice. Take more than you need to read or occupy yourself such as a large book of difficult crossword puzzles.

(3)   Treat your electronic device chargers and adapters like gold. 

Why? If you have to replace one at a hotel lobby store, the airport, or an Apple store in Florence, you will pay a steep price. Before leaving home, confirm multiple times that you have a complete charger for each device and carry one or more of them in your carry-on luggage. You may need to charge your phone on the plane after you burn up the battery sitting on the tarmac for 4 hours.

When checking out of you accommodations, check every outlet multiple times to ensure you have really removed the chargers and electrical adapters which can easily be left behind (trust me, I know). 
Vicky's Italy Trip Tips
Summer in Alaska is spectacular, but be prepared. Typically, there is a lot of rain so make sure you have a waterproof jacket and shoes. Bring light layers, a backpack, and a good camera.


Sled Dogs are everywhere. As Iditarod hopefuls are raising money for their entrance fee, you can ride a dog-pulled cart or interact with dogs and puppies.  

Denali is one of the few intact ecosystems in the world. Grizzly Bears normally won’t attack since they don’t associate people with food. Moose are another matter.
Vicky Rogers and Her Husband, Barry,
Cramponing the Mendenhall Glacier Out of Juneau
The path to wealth often looks different for everyone.
In a series of articles published by Wedgewood Life magazine, David Brinkman shares insights on the stages of wealth development and a few key concepts to building wealth.

Although everyone’s situation is different, most people will go through various stages of wealth development throughout their lifetime. Over the next several articles, we will discuss the following stages:

  • Creation – Individuals begin to understand basic personal finance concepts and start to create personal wealth. They are starting their careers, experiencing increased earnings potential, and trying to adhere to sound personal financial principles.
  • Accumulation – People transition past initial wealth creation toward greater accumulation via more established careers and progression towards peak earnings potential. At this stage, you are starting to contemplate when, how, and what retirement might look like.
  • Distribution – During this final stage you may be enjoying retirement, spending time with family or enjoying your hobbies. You begin to think about your legacy within your family and community, and other ways that your wealth could impact others.

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Are you trying to navigate the complicated world of Social Security benefits?
In the first of a series of articles, Victoria Rogers answers common questions.

I have this love/hate relationship with social media.

In late April, when  The 2019 Social Security and Medicare Trustees Reports  were published, the key takeaway was that the trust fund will be depleted in 2035. Immediately, social media exploded. One poster claimed she’d paid in almost a half a million dollars over the years. She wants it back. Another took issue with the word “entitlement.” It’s not an entitlement, we earned it! A third panicked post claims Congress has spent our money, that’s why Social Security is running out of money.

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If you didn't file your taxes in April, be sure to file your return by
October 15th, 2019!
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From Our Kitchen to Yours!

Chili Crusted Salmon
Courtesy of Karen Werley
SDWMA's Client Service Manager

Ingredients

4  6-ounce salmon fillets
4  tablespoons light brown sugar
2  tablespoons chili powder
1   lemon
1½ teaspoons ground cumin
½ teaspoon salt
½ teaspoon cinnamon

Instructions

1.     Zest the lemon and add the zest to the bowl you’ll mix the spices in. Cut lemon into wedges.
2.     Rinse salmon and pat dry. Squeeze some of the fresh lemon juice over the salmon then season lightly with salt and pepper.
3.     Combine the remaining ingredients with the lemon zest and mix well.
4.     Place salmon on a foil-lined baking sheet sprayed with non-stick spray. Leave at least an inch between each piece for even cooking. Spread a generous layer of the spice mixture over the top of each fillet.
5.     Bake at 350 degrees for 15 minutes, or until fish is done (about 15 minutes per inch of thickness of the fillets).


Meet Our Intern, Sean McCann! We are excited to announce that Sean will continue to work with us throughout the next school year.
Here are a few words from Sean regarding his summer experience with SDWMA .
My internship experience at Schneider Downs Wealth Management Advisors (SDWMA) has been one that I will never forget. This has been a memorable summer, and I will use what I have learned to grow and progress in my career. Through the people that I’ve met, the experiences that I’ve encountered, and the work that I’ve accomplished, I am sure that I will be leaving Schneider Downs well prepared for a great future.

The team at SDWMA are a close knit group of highly-skilled individuals who serve as great role models. Everyone made me feel so welcome and treated me as a fellow team member. Not once did I feel that I was viewed as “the intern.” The connections that I made this summer are relationships that I plan to keep, learning and growing from them throughout my career.

One of the most beneficial parts of this internship was working for a firm as accomplished as Schneider Downs. Through conversations with shareholders of the firm, I was able to learn about the many different services that Schneider Downs and Co. offers to its clients. In addition, I was afforded the opportunity to participate in meetings and conference calls with industry experts.

From presentations to research to equity analysis, everything that I have completed at SDWMA has added to my knowledge base and benefited my coworkers. I have enjoyed working on the projects entrusted to me, and appreciated the unique challenges that each activity presented. Every day at SDWMA was different, and the team always had new and thought provoking projects for me to tackle.
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Schneider Downs Wealth Management Advisors, LP
1 PPG Place, Suite 1700
Pittsburgh, PA 15222