SEI Private Trust “Waiver of Lien” Communication
A number of you have been calling regarding the letter from Martin Whalen of SEI Private Trust. Knowing if ten clients call, 100 clients have the same question… we hope to clarify Mr. Whalen’s poorly written missive… The issue revolves around SEI Private Trust Company (SPTC) removing its right to apply a lien to IRA […]
Q2 Slow But Steady/Detroit Bankruptcy
Q2 Earnings, Slow But Steady As of Friday night, 108 companies had reported results in this Q2 earnings season, and they have been decent-not great, not bad, but decent. Of the companies that had reported as of Friday’s close, earnings growth has come in better than expected at 3.6%, according to S&P’s Senior Index Analyst, […]
Market Brief: Earnings-Low Expectations
Markets have been fixated of late on the daily comments of various Fed officials. One will say that they favor ending quantitative easing (“QE”) sooner rather than later, and markets would likely have sold off for the day. The next day, another would say that the decision on QE would be data dependent. In response, […]
Oregon Could Be the First State to Send Students to College Tuition-Free
Oregon is on its way to becoming the first state to implement a radical new program that would let students attend state schools without taking out a single loan or paying out of pocket. The “Pay it Forward, Pay it Back” plan lets students enroll with no money down, so long as they agree to […]
Independence Day Office Hours
Our office will be closed Thursday, July 4th and Friday, July 5th to allow our team to celebrate with family and friends. As we at SFA prepare to enjoy our July 4th /Independence Day plans; fireworks, food, company, travel, etc… we will also take the time to reflect on what this holiday means to us. […]