Category Archives: Clients/Clients Only

Second Quarter 2018 Cover Letter Review

On the road to nowhere? Or are we?

While capital markets around the globe may seem subdued, especially compared to last year’s movements, looking beneath the surface there is much going on.

Increased Company Earnings

With the corporate tax cuts, earnings are increasing. Public companies are enjoying terrific earnings growth and logging excellent earnings reports as the year continues. With little movement in capital markets and increased earnings, valuations by most any measure, are becoming less expensive. Also, worth notice in our Q3 Newsletter is a detailed article concerning lowered numbers of public traded companies, a possible source of different valuations moving forward.

Financially Happy Consumer

Broadly, the consumer from a financial standpoint is doing well. A happy consumer, leading to a more freely spending consumer, is an important point for the United States since the Gross Domestic Economy is made up of over two thirds consumer spending. Much of this financial happiness comes before a lower tax burden, likely to be felt by consumers next tax season – again in our Q3 Newsletter there are multiple family scenarios detailing the tax savings due next year.

Interest Rates

Market participants have digested multiple rate increases in stride, unlike times before. With gradual rate increases already occurring in the year, and more expected, normalization of interest rates is occurring without the fears of past. Being the first time in almost a decade to have rate increases, we are on Inverted Yield Curve watch (detailed article again in our Q3 Newsletter) as a possible predictor that rates have moved too far, and a signal of a possible recession. So far this has not occurred.

In closing, our patience theme from the beginning of the year seems to be still best suited.

Have a Great Summer!

John A. Kvale CFA, CFP

Great News! Summer Project is Rocking – Finding Your Lost Money Update – Watch for an Email – Send us Names of Relatives

We are super happy to report we have just scratched the surface of our summer Lost Money Project, initially announce here – and we have Great News.

Found Money Summer Project Update

We are embarking on finding possible lost funds – with a lot of successes already logged.

We have retained a service that scrolls  all 50 states for government owned lost money.

With the totals quickly racking up, already nearing $5k we are spurred further by the initial success. NICE!!!

With relatives (deceased or long lost) being a big source of findings – if you have one, be sure to forward a proper name to us – email

Currently we are cruising lightly alphabetically through clients and then will go through known relatives.

While only nearing the end of B’s – we look forward to updating you soon!

Have a Great “Found Money” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.

Finally …. The Surprise Summer Project – Helping you find Lost Money — Anywhere in the USA

A few quarters back a notification was sent to someone in our group that there were lost money available. Eventually it was retrieved, and an idea was formed…..

Once again you guys have given us a super idea – and you finally get to hear of our surprise summer project.

USA Search of Lost Funds

If you have moved multiple times, have a relative that was …. well let’s say not super good with their finances … or anyone close that may come to mind who may not have a good grasp on their finances – we have a fun new service we are embarking on over the summer.

We have retained a search service that will scroll all of the states in the USA and look for any lost funds.

We have no idea where this will go, but thought it very unique and fun, especially if we find a few golden pots at the end of those lost money rainbows…

Clients – look out, we will be emailing you lists of possible found money – a few guinea’s have already been contacted and we have had fun with our family members as a test before rolling this out to everyone — sorry sister that $3k was not yours!

If you have someone (living or deceased) that you think may have funds lost, please email with the proper name and we will run it through our new system ….

Now we are off to treasure hunt – hopefully lost money that we can find for you!

Have a Great “Found Money” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.

Late Arriving Tax Form 5498 AND Proxy Season Notice Reminder …

With the eventual wave to tax season goodbye … oh wait … We need to remind you of ANOTHER  form that will be coming soon.

Form 5498 Arrival Soon2017 Form 5498

This tax form limps into your mailbox and may cause an increase in blood pressure due to the instant though “Oh no, I forgot something?”

NOPE, not a worry. This form settles up your contributions, rollovers and values for your Qualified Assets ….. think IRA, SEP or 401k Rollover and the like.

It rolls in after tax season as it reports contributions for the current year to the IRS and they settle up the matching on their side for the appropriate year. Yet another neat thing the IRS does for us.

Proxy Season Coming

As a courtesy for clients and as a more GREEN Internal Policy we accept all Proxies for clients and vote. One Proxy statement which may be delivered to us electronically can handle literally hundreds of clients at once, saving the company a headache and lessening the duplication cost and waste.

Companies occasionally lose the directive to send us the material …. new recordkeeping, merging with another company or the like, are reasons, but no matter – If you are receiving proxy material please let us know and we will have information at the delivering company update their records, saving time and waste.

Looks to be a wonderful weekend here in the south … enjoy yours wherever you may be and …. Talk to you next week!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.

Custody Rules Adjustments … BDay wish Thanks… Flu … Holiday MLK Weekend

Custody … A simple word that means a lot in investing.

We do not Custody Your $$$

As a firm we do not take custody of client assets. Not that this is a bad thing, but we choose not to custody assets for reasons beyond the importance of this post.

New rules have gone into effect, that we will of course follow, in order for us to continue NOT TAKING CUSTODY of client assets.

Here are the minor changes affecting us:

  • We can no longer change your address of record for you electronically – we can change via a simple signed document or a quick three way call with our back office team – Just a slight bit slower than the other way – step for steppers!
  • Dormant Standing Letter of Authorizations (SLOA’s) to wire/link transfer money to other accounts have been removed – We like this as it is a good clean up the wires that may be straggling out there
  • Annual reminder statement for wires/linking that are on file – Again, Well done… we like this too
  • Not directly related to the Custody Rule, but worth mentioning is a new mandatory notice when funds are wired- this is sent by our custodian as a safety measure each time a non-recurring wire is completed – Again, thumbs up regulators –

We like all of this, but wanted to let you know in advance, especially on the address change as it may result in slightly slower adjustments … all for our collective safety from cyber predators !

Dad’s 90th Birthday Wishes

Thanks so much for all the wonderful wishes for Dad’s 90th birthday …. Honestly, I was VERY cautious of the announcement … being not directly business related …

One of the most enjoyable parts of my job is getting to experience all of life’s events with YOU guys … yes, good and bad … Sometimes I forget you guys enjoy hearing of ours too !

Thanks Again !

Tennis Tournament – Flu

What’s better than a long weekend with an extra long Tennis Tournament … all the family going to a southern town in Texas … hey, even Chacca the dog?tennis-2042723__340

Multiple players, including the 13 year old are fighting the Flu — Wow has this been a tough year … Contact across the country seem to be in the same situation ..

Let’s get well everyone !

MLK Holiday Monday

In honor of Martin Luther King Day, schools, banks, capital markets and our office will be closed …

Have a nice long weekend and Get Well if you feel any bit under the weather !

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.

Thank You Party Goers …. Office Hours … Our most popular video post ever coming this Wednesday!

We did the no rain dance…. but forgot to do our no Wind dance… go figure…

Who would of thought a cold front would blow through with steady 25+ mph winds that gusted even higher. Yes those were whitecaps on the lake adjoining our venue.

Just like we pivot in life, investing and many other areas … a quick move from outside the huge backyard to the inside made for a great venue. It was an easy decision as upon entrance we saw the caterers literally chasing down a wind blown bounding high-top, not to mention the front door would not open due to the wind gusting through the entrance to the back yard which we hoped to keep open — digressing!

We knew the house could hold us all, but had no idea how hard it would be to visit with everyone as we all scattered among the various rooms.  Sorry if we did not get to chat very long.

Thanks to all for your time and drive to our venue, especially those that came from far, some VERY far and driving overnight to get there !

Thanks SO MUCH!

Office Hours

We will be closing early Wednesday and will not be in the office on Friday of this Thanksgiving week!

Of course we always peek at our electronic tethers – Someone could have an emergency and we are glad to be there!

Most Popular Video – EVER

Of all the videos we do, one has risen to the top as our most popular ever, SO FAR !

We will air the video again this Wednesday …. It’s uncut, un-scripted, and un-forgiving to the producer !

Enjoy …. Happy Thanksgiving (a little early).

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.

Attention Holiday Party Attendees – GATE 2 is Your Friend! See you at 1 PM Tomorrow!

With the 22cnd Annual Holiday Party just hours away, we wanted to remind all that Gate 2 is our own private gate and will give you quick direct access to the Alex House, our venue.


The red circle is Gate 2 Entrance off of Garland Road … either direction you are coming from, pass the first Arboretum gate and enter Gate 2, the middle gate!

See you tomorrow, November 18th at 1 PM!

Have a great “Gate 2” tomorrow day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.