Ohlman Wealth Advisory Group of Janney Montgomery Scott

Our Investment Strategy Group discusses the latest market and economic news in its weekly update. Read more.

Recent Economic Readings Suggest Solid Second Quarter Growth Given healthy economic growth with easing inflation, healthy profit growth should continue in the second quarter, led by technology-related stocks. Profit growth provides the ultimate support for stock prices.

The SECURE Act 2.0 has numerous provisions designed to help individuals save for retirement that are either in place now or will become effective in the coming years. Learn more about the most important changes and how they could help you save for retirement more effectively.

Are You Incorporating Secure Act 2.0 Provisions into Your Financial Plan? The RMD age has been pushed back to age 73 effective January 1, 2023. In 2033, the RMD age will be increased once again, to age 75. If you turned 72 in 2022 or earlier, you will need to continue taking your RMDs as currently scheduled.

Today, we celebrate the land of the free and the home of the brave. Happy Independence Day.

When it comes to life insurance, do you have more questions than answers? If so, use this checklist to determine if you need it and, if you do, what solution best fits your needs.

Determine How Life Insurance Fits in Your Financial Plan Choose your heirs. Spouses and children are common beneficiaries. But they’re not the only ones. Who else do you want to provide for?

In its weekly update, our Investment Strategy Group breaks down the latest market and economic news.

Easing Inflation Bolsters the Soft Economic Landing Case Core Consumer Price Index was flat in May, below consensus estimate, therefore easing inflation pressures suggest that a soft landing for the economy is still achievable.

At our annual Wealth Management Conference, we raised over $24,000, benefitting Hero Dogs. This non-profit pairs service dogs with veterans of the U.S. military and first responders with disabilities to improve the quality of their lives, including customized training and lifetime support. Additionally, they raise, train, and place skilled home companions, facility, and therapy dogs to help support the community.

Today, we celebrate freedom and commemorate the end of slavery in the United States. As we reflect on this culturally significant day, we continue to work toward a brighter more diverse, equitable, and inclusive future for all.

In its Mid-Year Update, Janney’s Investment Strategy Group provides insights and expectations for the economy, equity and fixed income markets, and investment implications for the rest of 2024.

Outlook 2024: Mid-Year Update To better position portfolios for the remainder of 2024, please take a few minutes to read the ISG Mid-Year Update to learn more about their expectations for the economy, and possible scenarios for the equity and fixed-income markets.

Attending Janney’s 2024 Wealth Management Conference was a valuable experience. I heard from several speakers who offered timely perspectives and insights on topics such as Social Security planning, Medicare, artificial intelligence, and market and economic updates.

I look forward to using these insights to improve my advice to clients and help them achieve their goals.

After your child gets accepted into college, prepare yourself to start withdrawing funds from your college savings accounts by understanding these considerations, including maximizing your 529 plan, tax implications, and financial aid eligibility.

Evaluating Your College Savings Withdrawal Strategy It is important to understand the benefits and limitations of each college savings vehicle in order to prioritize its use based on financial aid or tax considerations. Below, we’ve provided a brief introduction to some examples of savings vehicles, and encourage you to continue the conversation wi...

Happy Father’s Day to all the dads who give us love, guidance, and laugher.

Review our Investment Strategy Group's insights on the Federal Reserve's recent decision to leave interest rates unchanged and expectations for future interest rate decisions.

Creeping Closer in This Petty Pace FOMC Meeting Notes. The Federal Reserve Open Market Committee left its target for interest rates unchanged at a range of 5.25 – 5.50%, the eleventh month of unchanged overnight rates.

Let us salute the stars and stripes that tell the story of our nation's resilience. Happy Flag Day.

In its weekly update, our Investment Strategy Group breaks down the latest market and economic news.

Business Surveys Consistent With Further Economic Growth The May business surveys are consistent with an ongoing economic expansion, while the JOLTS report suggests a cooling labor market with lower wage inflation.

Did you miss our webinar on navigating the new updates of SECURE 2.0? No problem! We’ve recorded it so you won’t miss any of the valuable tips and information. Access the recording here!

https://bit.ly/4bQJQSm

I’m looking forward to attending Janney’s 2024 Wealth Management Conference. It will be an excellent opportunity to connect with colleagues and hear from leading industry experts about the latest financial planning and investment trends to help meet the unique needs of my clients.

Should your business consider offering a cash balance retirement plan? In this one pager, learn about the potential for accelerated retirement savings and significant tax benefits.

Cash Balance Plans: An Overview A Cash Balance arrangement is an IRS tax qualified “hybrid” retirement plan. It combines the high contribution limits of a Defined Benefit Plan and the simplified contribution formula and portability of a Defined Contribution Plan. It is typically paired with a 401(k) Profit Sharing Plan to maxi...