Tag - Sheaff Brock advisors

Sheaff Brock Reviews Benefits of Charitable Giving for 3-Generation Families

Charitable Planning Can Cure the 3-Generation Curse

The American version of the old Chinese saying, “Wealth does not pass three generations” is “Shirtsleeves to shirtsleeves in three generations.” Whenever there is a lack of financial literacy, and wherever family values are not emphasized, Vernon Wong of First Hawaiian Bank emphasizes, there exists the very real danger that the wealth will dissipate by the third generation. The wealth attribution rate is surprising high, agrees Augusta Dwyer of Globe Wealth, affecting 90% of family fortunes. Of course taxes, inflation, [...]

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Does Your Stock Position Have a Customized Protection Shield?

Wealth created by holding a single stock over time is a fairly common finding. In fact, as the Sheaff Brock investment team has been traveling to lecture at Financial Planning Association meetings around the country, advisors have continually mentioned the challenge they face helping clients who own a concentrated position in a single stock. Concentrated positions that comprise more than a quarter to a third of your entire portfolio holdings often happen as part of a benefits package for a [...]

Sheaff Brock | Index Income Overlay | covered calls | net unrealized appreciation | financial planning

Planning Conversation Can Net Unrealized Appreciation Benefit

It’s right there in Section 402 (e)(4)(B) of the IRS publication—that part about net unrealized appreciation. Without having in-depth planning conversations with their advisors, clients might miss out on important tax benefits. In an interview with our SheaffBriefs editor, Sheaff Brock Senior Vice President of Investments Christy Jordan pointed to the following statement in the IRS Code: Section 402(e)(4)( B) provides that in the case of a lump sum distribution which includes employer securities, there shall be excluded from gross income the net [...]