Category Archives: Clients/Clients Only

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.
www.jkfinancialinc.com
www.street-cents.com

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.
www.jkfinancialinc.com
www.street-cents.com

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.
www.jkfinancialinc.com
www.street-cents.com

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.

Arboretum

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.

www.jkfinancialinc.com

www.street-cents.com

 

 

Save the Date – Saturday November 18th – Dallas Arboretum Holiday Party – Alex House from 1-3 PM – Wander all park facilities until 5 PM – Including Recently Opened Kids park

For over ten years we have wanted to have a party at the Dallas Arboretum. Over that period of time, we looked into having the party multiple times with the same outcome …. it broke the budget, mostly due to parking charges…..

A new parking garage has given us the opportunity.

Save the Date

22 Year Annual J.K. Financial, Inc. Holiday Party

  At the Dallas Arboretum

12Nights1

Saturday November 18, Food and Fun Party from 1-3 PM at the Alex House

 Alex Camp House Front Ext

Free to wander through the park until 5 pm AND

Kids can go next door to the recently built kids park too!

Entrance-to-Rory-Meyers-Chiildrens-Adventure-Garden-(1)

Arboretum First-Adventure

Hope you can join us!

Have a great Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
www.jkfinancialinc.com
www.street-cents.com

Watch Cyberattacks as they occur …. Save the Date VERY special announcement

We ran across this  cool living graphic this week from Visual Capitalist and Norse..

This is a still picture of Cyberattacks occurring live.

While neat, this picture does not do it justice.

Click here for the actual living breathing attacks tracking as they occur. After a few minutes you will be dazzled. Especially at the scrolling monitor.

Have no idea how they track this, but figured someone would have a graphic like this. Now we know.

Save the Date

We confirmed our Holiday party venue this week and it is going to be spectacular. Please save the Saturday before Thanksgiving, (November 18, 2017) from 1-5 pm on your calendar and ready your friends and family for a fun event!

An event for kids, family and anyone who likes the change of season ….hint hint … More to come next week, but we were too excited to keep it under wraps any longer.

Have a Great Day!

John A. Kvale CFA CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
www.jkfinancialinc.com
www.street-cents.com

 

 

We are not ignoring….New spam filter…Travels…Fall Friday

With a fancy new spam filter set up, we are occasionally finding client emails in our Quarantined folder, however as we white list it will come immediately through our system.

If you’ve emailed us and not heard back, please email us again as we may have missed it in the fancy new spam folder. In the very short term we should have everybody white listed and all will be well again… ahhh  the perils of the new spam filter with no white listed emails.

Double Travels Next Weektravels

After a quick one day turnaround trip on Monday, late in the week a second trip is on the books.

It’s all good……. but that’s next week, and today is a Friday, enjoy your weekend and you know the drill … be sure to spend time  with those special in your life!

Hope you enjoyed the first week of fall! Cooler temps..colors on the trees….fall is in the air…

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.
www.jkfinancialinc.com
www.street-cents.com