Top RIAs to Watch • Philip Fessler • Major Changes on FDIC Insurance
Monthly AIRE Perspectives – June 2024
Dear Friends and Valued Clients,
Please see below for The MAP – Monthly AIRE Perspectives for this month.
AIRE Advisors Selected as One of the Top RIAs to Watch by AdvisorHub for Second Year in a Row!
We are pleased to let you know that AIRE Advisors was selected as one of the Top RIAs to Watch for a second year in a row by AdvisorHub, one of our industry’s leading publications! You can read the full list of rankings, including a highlight article on AIRE, by clicking here.
AdvisorHub Advisors to Watch 2024 ranking given June 18, 2024 based on 2023 performance. Rankings compiled by AdvisorHub. No cash or non-cash compensation has been provided directly or indirectly by AIRE Advisors in connection with obtaining or using the third-party rating.
Congratulations to Philip Fessler!
Congratulations to Philip Fessler for obtaining the Sports & Entertainment Accredited Wealth Management Advisor™ (SE-AWMA™) professional designation!
Phil is Senior Partner and Head of Sports and Entertainment Group here at AIRE Advisors, and we are incredibly proud to have his wealth of knowledge and experience in assisting high-net-worth and ultra-high-net-worth business owners and professionals.
Through earning the SE-AWMA™ credential, Phil has continued to expand upon the specialized skills and knowledge required to navigate the unique financial planning needs, including tax, retirement, and estate implications, to help sports and entertainment clients protect, grow, and transfer their wealth.
Managing a person’s total financial situation encompasses myriad choices and strategies to serve a variety of needs to accomplish a multitude of goals. Professionals in sports and entertainment face even more complexities in their financial lives and goals. It is important to turn to a professional who is educated to address their specialized situations.
Major Changes on FDIC Insurance – Important to Read
Recently, major changes have been implemented by the FDIC regarding FDIC insurance limits at banks. Click here to read the article.
We often find situations where individuals or companies have large cash balances in bank accounts that are above FDIC limits (meaning, they are not fully insured) and earning minimal, if any, interest. Treasury bill rates are currently more than 5.35%, which amounts to a difference of $53,500 for every $1 million versus a checking account earning no interest. At AIRE Advisors, we will not only educate you on the safety of assets, but also strive to find ways to create substantially more income with more protection on your cash. You can read more about our cash management program here: Corporate Cash — AIRE ADVISORS. Although our program was initially tailored to our corporate clients, we have increasingly found that in most situations, we can particularly help individual clients with their cash management needs. Please click on the above website for more information.
Once again, we would like to thank you for your trust and loyalty, and look forward to speaking with you in the upcoming month.
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