The P&A Blog
Schwab eliminates commissions
Good news for P&A clients! Effective October 7, 2019, Charles Schwab is eliminating trading commissions on U.S.-listed stocks and exchange-traded funds (ETFs) for trades placed online (mobile or web trading). Schwab had been charging $4.95 per trade on U.S....
Are you using the P&A app?
For better or for worse, we live in a world that is becoming more digital by the day. Paper statements and paper money are losing their overall appeal as the convenience of electronic statements and online payments proliferate. For the last five years, we’ve offered...
P&A Spotlight: John Dannenbring
We'd like to introduce you all to our newest employee, John (with an 'h')! John joined us at the beginning of the month and will be working with our research and trading teams as he's settling in and learning the business. Don't hesitate to holler a hello in his...
Top 5 questions – Rising Success client segment
Over the years, we have found that most of our clients fit into one of three segments: Rising Success Major Life Events Retirement Our Rising Success Clients are typically ages 30-45, their careers are taking off, cash flow is strong, and their bank and investment...
Protecting our senior investors
The news headlines have been screaming it… Another senior or vulnerable adult exploited out of their hard-earned money by a stranger, somebody close to them, or someone in between. Protecting senior investors has been a hot topic in the financial industry as more and...
16 great retirement quotes
Retirement has evolved over time and will continue to do so. So, we thought it would be fun to share 16 great retirement quotes we found online. As you’ll see, some folks are all for retirement, while others are adamantly against it. Either way, may your life have...
529 Savings – Not just for your kids
As the Baby Boomers begin to enter (or think about) retirement, most of them won’t be content to sit in the easy chair and watch the television all day. Many are choosing a more active retirement, full of travel, finding new hobbies or learning something new. For...
What’s impacting the markets?
The Dow Industrials hit an all-time high of 27,398 on July 16, 2019. Since then, the index is down 7%. Is this the beginning of the end of what many consider the longest bull market in U.S. stock market history? Or is this yet another speedbump the market will...
Support your Huskers, save on taxes!
Pretty soon, you’ll be seeing red everywhere. With Huskers sports season about to kick off, fans will be showing support for their beloved Nebraska teams in a variety of ways, one of which is through financial support. If you’re a Husker fan and you give money to...
Scrappy or crappy?
Last week, I did something I haven’t done in years; I walked into a national chain bookstore, determined to buy a book. After reading several Kindle books, I missed the feel of a hardcover. Ten minutes of browsing led me to “Trillion Dollar Coach” about Bill...
2019 – 2nd Quarter Letter – Sixth Sense
The latest P&A quarterly letter to clients is available in PDF form. You can download it here. This letter covers the evolving set of standards that brokers and financial advisors have been held to over the years. In the last several years, there has been a...
What you need to know about annuities
Over the last year, we’ve had a noticeable uptick in questions about annuities. Most are coming from prospective or new clients who were sold an annuity by their current or previous advisor. They want to know if they should keep it or get out. If you find yourself...
7 investing rules it pays to remember
Investing rules can be easy to come by and hard to implement. As you can imagine, we spend a fair amount of our time, both at work and at home, reading financial news and periodicals. Several years ago, we ran across an article in the Wall Street Journal called “16...
Facing large RMDs from your IRA?
Oftentimes, we taxpayers focus too much on saving on taxes today, which can thrust us into higher tax brackets down the road. The best way to optimize taxes over the long run might be to accelerate taxes in the short run. If you’re approaching 70.5 years of age,...
Quick lube financial advice
It’s been over a decade since I took my vehicle to one of those national quick lube franchises for an oil change. Here’s how I remember my experience. I arrived a minute before they opened. Through the garage doors, I could see several guys talking and laughing....
Why own Equities?
The next several months, we will take a trip down Memory Lane by sharing articles—actually, white papers—authored by Pitt. Next up is “Why own Equities?,” which went to print in November 2001. Even though this paper is almost 18 years old, you will notice some...
You can’t snooze your baby
“Have a child,” they said, “…it will be so joyous and magical.” Well, they weren’t wrong. Becoming a first time parent has been joyous and magical…and overwhelming and has made me feel like I have absolutely no clue what I’m doing, and what exactly did I just sign up...
Why Do I Like Par Bonds?
The next several months, we will take a trip down Memory Lane by sharing articles—actually, white papers—authored by Pitt. Next up is "Why Do I Like Par Bonds?,” which went to print in March 1989. Even though this paper is 30 years old, you will notice some...
