Dan Gains Waterford Ownership Share

On January 1st, 2021, Dan Byles-Smith became an owner of Waterford Advisors, LLC and will now hold the title of ‘Principal’ within the firm. Dan has demonstrated tremendous commitment to the advancement of the firm and to continually enhancing client services. Please join us in congratulating him!

Mobile Check Deposit

To our Charles Schwab clients: Looking for a secure, fast and convenient way to deposit funds into your account? Check out the Schwab Mobile Deposit feature within the Schwab Mobile App: www.schwab.com/schwab-mobile-deposit. Note that some restrictions may apply based on account type and deposit amount. The daily deposit limit will be shown on the deposit… Read more »

Rebalancing: Why We Do It

Periodically rebalancing portfolios is often thought of as a practice of risk control, but it can also provide value to the long-term returns of your asset mix. Investment returns of various asset classes tend to be highly cyclical and the process of rebalancing will naturally reduce the exposure to those that have recently outperformed and… Read more »

eDocuments & eSignatures

We asked and you answered. We surveyed a portion of our Charles Schwab and TD Ameritrade clients during the fall regarding their willingness to use eDocuments and eSignatures and the responses were clear: YES! We have been working diligently over the past few months to fully understand both Schwab’s and TD’s eDocument and eSignature tools… Read more »

Updates to our In-Office Procedures

Although our staff has returned to the office, please be aware that we are still encouraging virtual meetings and will not be accepting any in-person meetings at this time. Anyone who needs to stop by our office to drop off materials or pick up documents is asked to wear a face mask and adhere to… Read more »

RMHC Golf Tournament

Ronald McDonald House Charities of Western New York is part of a global network of Ronald McDonald Houses and programs that serve nearly 6,000,000 children and families annually. Since 1974, their network of local chapters has been making children happier and healthier by keeping families together and giving them a place to rest and heal.… Read more »

Mike Paternity Leave

Mike Harmer and his wife, Marissa, are expecting a baby girl very soon! Please keep in mind that Mike will be out of the office on paternity leave from approximately Monday October 19th through the end of November (anticipated dates subject to change). During this time, we will be redirecting any phone calls or emails… Read more »

Medicare Open Enrollment

For 2021, Medicare coverage open enrollment is from October 15, 2020 through December 7, 2020. Medicare Advantage open enrollment is January 1, 2021 through March 31, 2021. During the annual enrollment period (AEP) you can make changes to various aspects of your coverage: Switch from Original Medicare to Medicare Advantage. Switch from Medicare Advantage to Original Medicare (plus… Read more »

Quarterly Investment Commentary Q3 2020

Third Quarter Market Recap Despite choppiness in September, equity investors saw solid gains during the third quarter. The S&P 500 Index rose 8.9% in the quarter and recovered all its losses for the year. Underneath the surface, mega-cap growth names continue to lead the U.S. market. Without the 42.5% year-to-date price return of the six… Read more »

Education-Related Tax Credits & Deductions

There are several tax incentives for higher education expenses that are available to taxpayers of various income levels. We have summarized a few incentives available which we see with our clients most often below: The American Opportunity Credit:   Calculation of Credit: The American Opportunity Credit allows for a maximum annual credit of $2,500 per… Read more »