2023

November 29, 2023, Albany, NY – Curran Wealth Management, a leading financial advisory firm headquartered in Albany, NY, today announced the opening of a new office at 21 Corporate Drive in Clifton Park, NY, further solidifying its commitment to serving clients in the Saratoga County region. With a steadfast focus on long-term investing and client success, the company's expansion marks an exciting milestone in their journey to support and grow their clientele base.

We sadly learned the news that Charlie Munger, investment lion, passed away November 28th at the age of 99. Munger was about a month shy of his 100th birthday (January 1st). He was not as widely known as some of the bigger names in the industry (Warren Buffett, Peter Lynch, Carl Icahn, George Soros), and many of those who were aware of him thought he was merely Warren Buffett’s sidekick or lieutenant. Charlie’s role and influence was vastly greater. In many ways Warren Buffett owes his investment philosophy to the lesser-known man.

Each quarter, Zephyr releases its “PSN Top Guns” ranking, an important reference for plan sponsors, investors, and asset managers, showcasing the best performing separate accounts, managed accounts, and managed ETF strategies. While Curran Wealth Management received awards in 9 different categories for the awards quarter ending 9/30/2023, we want to highlight 3 awards in particular.

The amount of money a retiree can withdraw from their retirement accounts is widely debated in the financial services community. I suspect it leads to confusion among retirees. The question asked is: How much can I withdrawal on a regular basis and not run out of money?

Owning an account with another individual is a common occurrence. Even so, there is often little consideration given to the question of what type of joint account ownership is best for a particular situation. The implications can be far-reaching and may include elements such as determining control of the assets, potential tax ramifications, subjectivity to creditors’ claims, and the allocation of assets upon the death of an owner. There are many factors to consider when determining which joint account type is appropriate for your unique personal circumstances.

Each quarter, Broadridge Lipper releases its “Best Money Managers” ranking, a comprehensive survey of institutional money managers. While Curran Wealth Management received awards in 10 different categories for the awards quarter ending 6/30/2023, we want to highlight 4 awards in particular.

Each quarter, Zephyr releases its “PSN Top Guns” ranking, an important reference for plan sponsors, investors, and asset managers, showcasing the best performing separate accounts, managed accounts, and managed ETF strategies. While Curran Wealth Management received awards in 9 different categories for the awards quarter ending 6/30/2023, we want to highlight 2 awards in particular.

It’s astonishing to us that more than 10,000 people in the U.S. turn 65 every day, and that number will peak at about 12,000 in the summer of 2024. As we reflect on this fact and think about the future, we can see how this demographic bubble will affect everything from healthcare to the composition of the workforce to the future of Social Security and Medicare. We want to share with you a few thoughts from the recent Investor’s Business Daily article “Baby Boomers Are Hitting Peak 65. What It Means for Retirement Planning.”

Many have noticed that every year, we at Curran Investment Management (CIM) send Annual GIPS composite reports. For you, as our client or prospective investor it may strike you as some sort of regulatory requirement and you may pay little attention to it. However, it may interest you to know that GIPS is voluntary, and many managers do not comply with GIPS.

Not all advisors in the financial services industry act as fiduciary working with their clients. At Curran Wealth Management we are a fiduciary and in our role as RIA (registered investment advisor) always act in such a capacity. So, what exactly is a fiduciary?

Each quarter, Broadridge Lipper releases its “Best Money Managers” ranking, a comprehensive survey of institutional money managers. While Curran Wealth Management received awards in 10 different categories for the awards quarter ending 3/31/2023, we want to highlight 4 awards in particular.

As many of you know, Silicon Valley Bank and Signature Bank have been closed by bank regulators.

There's still time to contribute to your traditional IRA, Roth IRA or SEP IRA until the tax filing deadline of April 18th.

Retirement can often feel like a reward at the end of the finish line. You’ve worked hard for years, saved diligently and now you’re ready to relax, travel or take up some new hobbies. If you have a significant other, it’s important to approach this life transition as a partnership through open communication and honest dialogue.

Fidelity Investments has invited Curran to participate in its Fully Paid Lending Program, Fidelity’s branded securities lending service.

The market is up in January and that is a positive sign. A market decline in January can bode poorly for market returns over the remainder of the year.

It is no surprise that inflation has affected everyone over the past couple of years. The Covid-19 pandemic caused a spike in unemployment rates and business closings while introducing a new way of living in the digital age.

In the final days of 2022, Congress passed a new set of retirement rules designed to make it easier to contribute to retirement plans and access those funds earmarked for retirement.

Happy New Year! January happens to be Financial Wellness Month, the perfect time for resolutions geared toward meeting your financial goals!