Category Archives: Donald Capone

Office Hours … Mostly Out … Staggered but Tethered … Happy Holidays!

Today all of our gangs get out for the Holidays at noon…. Whew, we made it!

Anyone else feel like the dash from Thanksgiving to the Holidays were REALLY short this year? Digressing…

Office Hours … Mostly Out … Staggered but Tethered

Each of us are 100% mobile and can even receive calls to the office while away….

We all have trips planned … possibly pent up wishes!!!

With the Financial Bottlenecks completely stalled, we are very glad to have most all of our “Known” year end “To Do’s” completed- YAY!

Of course, emergencies happen, my actual travels are on the weekends, although early next week will likely be weak Wifi … and it may take us a bit longer to get back to everyone, thanks for the understanding in advance!!

Happy Holidays … No way to stay off the keyboard that long, so expect some cheerful short posts over the Holidays!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.

jkfinancialinc

street-cents

Donald Capone aka “The Brain” Interviewed Again for his Expertise … Well Done “DC” !

Those of you that have ever been on a call with “The Brain” (aka Donald) ….and have heard him clicking the keyboard doing scenario analysis, such as exact tax implications post a move as well as detailed allocations and historical analysis, may wonder how he has all of this information at a moments notice….

The technical name is IRebal, a super powerful portfolio and investment tool! Donald has mastered the program, helped update the views and also given valuable input on the most important future direction of the tool…..

Donald “The Brain” Gets Flattering Publicity

This is directly from a major industry publication Wealth Management

“The landing page [of the dashboard] tells you all the info you need right off the bat … and allows you to make that quick decision on a visual level and ask yourself ‘do I need to dig into something deeper?’ That ‘yes’ or ‘no’ just did not exist in the old view,” said Donald Capone, the main portfolio manager in the two-advisor shop of J.K. Financial, Inc. based in Dallas. In the older version, getting to that step required him to run a seperate query. 

He said that the firm used the right term when calling the re-design of the interface a “modernization.”

“It definitely looks like you would expect it to now—it’s doing the exact same thing we’ve been doing with it from the beginning but now it matches with what expectations are of what software should look like these days,” said Capone. That should make it easier for new users to adopt the tool, he said. 

“It looks more inviting, less daunting,” he said of the new grid interface, which allows advisors to drill down more deeply right from the screen without losing their place and having to navigate back. There are also improved filtering features and simpler navigation, he said.

Well done Donald, just great!

Have a Great “The Brain Does It Again” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.

jkfinancialinc

street-cents

Holiday Party RSVP Reminder … Slower Processing Near Year End … Time Change … Donald “The Brain” Shines Preview … Friday

Our 25th Annual Holiday Party is shaping up to be great fun…. We have a neat surprise at the event, VR (Virtual Reality) for those that have not seen the possible future of meetings, gaming and communication… Thanks to the 14 year old for setting this up!

RSVP Deadline is Monday November 8, but we have a little wiggle room if you have reason for a late decision!

Slower Processing Time Warning

A while ago here, we mentioned the commencement of RMD’s (Required Minimum Distributions), next week these will occur in full force as we are detecting early softness in processing times, very similar to year end last year…

Do not wait till the last minute for any year end processing similar to the RMD i.e. Donations, contributions, time sensitive matters of any sort… there are still tons of remote workers in all parts of our transaction food chains….

Last minute processing will most certainly lead to added stress…. who needs that, so jump now and avoid the stress! We are heeding our own words!

Fall Back – Time Change

While not our favorite time of the year, being glass half full, with the Sunday November 7th time change, those morning outdoor workouts will be a bit brighter, of course as the expense of earlier sunsets….

Don’t forget to go to bed a bit earlier on Saturday night as your Sunday morning will come Fast Fast… heck, hardly any clocks need changing as most do it automatically,…. well Microwave and Car don’t but the trusted Cell and many other do!

Donald “DC” The Brain Shines Preview

Some of you call him the Wonder Kid, that fits too and he doesn’t mind at all….

You guys hear of my triumphs all the time, so certainly want to give “The Brain” his well earned cover as well…even though he probably would not have it if it was up to him…luckily I have the keyboard…haha (Maybe too much coffee this am .. sorry)

Next week, will include some national media “The Brain” has garnered from his continued expertise with some very technical portfolio tools that he has not only mastered, but been an important voice in the updates, changes and look of for future improvements…

Well Done and congratulations on the Recognition!

TGIF

With some travels under the belt, today, Friday feels nice…. looking forward to a recharging weekend….

Get ready though, back at it strong next week…

Enjoy your Friday and weekend!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.

jkfinancialinc

street-cents

Very Honored to Receive D Magazine’s Best Wealth Managers and Best Financial Planners Award Once Again…. Halloween Weekend … Friday

Those in the DFW (Dallas Fort Worth) area, if you happen in a grocery or other store with a Magazine rack, be sure to check out D Magazines Best Wealth Manager and Financial Planner section, that hit the shelves yesterday! YAY

We are honored and proud to announce, J.K. Financial, Inc was nominated for D Magazines Best Wealth Manager Award again, here is the insert from the magazine.

Important Disclosure

I am also very proud to announce nomination of Best Financial Planner Award, for the 15th consecutive year… WOW!

Important Disclosure

Each time we receive this award we are honored, flattered and happily join the other honorable recipients.

Today is a Friday, heading into a spooky Halloween weekend, be sure to watch out for those little ones and enjoy your weekend and your spooky day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.

jkfinancialinc

street-cents

Overzealous Spam Filter on New System … HUGE Social Security COLA … 5.9% to Be Exact, Wow…. COLA Pension Recipients Check Your Benchmark… Birthday Week – Jen and Donald Same Day Yesterday, Happy Birthday Guys … Friday Before Busy Virtual Conference Week

Our summer project this year was to replace our server, update our office Wifi with greater speed and security as well as move our email system to a new more secure platform…

All this wonderful security and speed has led to an occasional overzealous spam filter…. we are validating all emails as safe, but the super sonic spam filter still grabs them every once in a while… please re-email us is you do not hear from us in short order… apologies for the accidental Ghosting, we thought we had this all fixed, but two instances in the last two weeks led to this announcement….

Big COLA Increases

Back in late July of this year, we warned here of possible GREAT news for Social Security and COLA Pension Recipients….

On Wednesday (10-13-21) the BLS (Bureau Of Labor Statistics) released the final month of the third quarter CPI-W which gave the average for the third quarter and is used to calculate the COLA (cost of living adjustment) for next year’s (2022) Social Security Benefits….

From this Release :


Fact Sheet SOCIAL SECURITY
Social Security National Press Office Baltimore, MD
2022 SOCIAL SECURITY CHANGES
Cost-of-Living Adjustment (COLA):
Based on the increase in the Consumer Price Index (CPI-W) from the third quarter of 2020 through the third quarter of 2021, Social Security and Supplemental Security Income (SSI) beneficiaries will receive a 5.9 percent COLA for 2022.

Pension recipients, check that benchmark … you may have a nice surprise awaiting next year … YAY!

Birthday Week THE SAME EXACT DAY

Always try to do something unique for the office Birthday’s … but some how we ended up with two on the exact same day…. Wow… tough creativity all at once…

Happy Birthday Jen and DC the Brain… You guys are great!

Friday Before Full Week of Seminars and Welcome Learning

Today is a Friday and next week we have a full week of Virtual Seminars and Fantastic learning… Looking forward to it for sure… Will bring you any important details in short order…

Have a Great Weekend, Enjoy your Friday and Weekend!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.

jkfinancialinc

street-cents

Cut Over Update, Almost Complete … Office Schedules on Home Stretch of Summer Break for Our Families… Last Friday of July …

Mid this week, the official cut over of email and contacts occurred…. Fortunately we did not have any MAJOR problems, but there are some missing data…

Not to worry we have over four weeks access of the old data….

Funny thing about technology….unlike a struggling car that just barely gets you there, technology usually works or not – no in between….

Office Calendars Into the Home Stretch

Next week I will start an extended working remote/Vacation in a cooler place with Family, Friends and even some fellow Advisors and their families as well…. Likely get the July Month End Video Review from there–thank you afore mentioned Technology! The solitude usually begets great creative ideas… Lookout Blog Posts and Newsletter!

Jen lets off some steam later next week- much deserved

Donald “The Brain” gets the next week after Jen returns…. much deserved as well!

Nice staggering Guys!

New Years Resolution Broken But Try to Fix ….

One of my New Years resolutions was to play ONE (lofty goal huh) yep just one round of golf a Month…..

Current at 0 for 7 months…. with avid golfers meeting at my remote working location, an attempt at a correction will hopefully start. Newbies, I was a collegiate golfer for three years, helping with Tuition and room and board…. That was a chapter long ago though…. Ok Digressing, back to business…

Ahhhh…. Today is a Friday heading into an about to go Remote for a while Weekend….

Enjoy your Friday and your late Summer Weekend! Talk 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.

jkfinancialinc

street-cents

The Brain to the Beach … Newsletter Hits the Presses … Friday

As mentioned earlier … neatly this year we were able all have flex schedules and each of us were on R&R at different times.

While technology allows us complete connection, a little looser tether is always welcome when possible.

Donald the Brian hits the beach for a few next week….

Enjoy – Much Deserved, we have your back!

Newsletter at the Presses in NY

The final touches of the Newsletter have been completed and the NY pressers are in motion. Look for the paper copy in your mailbox soon….

We coined this Newsletter “The Reminder” given much of the content is a timely reminder for to do’s and laws that were passed but likely forgotten given the unique 2020!

We of course will also do a Video explaining in greater detail our thoughts and how we came up with the articles as well as greater insights than the coverage may allowed….

Ahhhh…. but today is a Friday heading into a much welcomed beautiful weekend in our neck of the woods…

Enjoy your Friday and your weekend …. talk 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.

jkfinancialinc

street-cents

Client Only Special Post – Metropolitan Paperwork, Vault Chase Bank Linked Account holders… Friday

With almost 10 times more followers than actual clients we happily keep that in mind when we’re writing informational posts for everyone. This Friday post is actually just specifically for clients, so if you’re not a client we look forward to a possible more pertinent post on Monday, clients please read on!

Metropolitan Paperwork – Donald The Brain Has You Covered

Many of you have received some paperwork concerning Metropolitan life and transactions from a decade ago. It’s a big bundle of paperwork that we also have a copy in our office. Donald The Brain will be reviewing this and if action is necessary he’s able to upload information on a bulk basis, not only saving multiple paperwork hassles but saving all of us the angst of having to mail information back individually.

Chase Bank Linked Vaulters Please Re-Link

Those of you that have happily linked your Chase Bank Accounts to your vault we ask that you go back and re-link them as the linking interface has changed as of yesterday and needs refreshing. We apologize for the inconvenience but again greatly appreciate being able to see those balances and transactions in real time in our respective Chase accounts for our financial planning, safety, and continued upkeep, and tracking. This update is adding more stable linking features! YAY

So bottom line those of you with the Metropolitan paperwork you can trash it we’ve got you covered on this side, secondarily those Chase connections please refresh for all of our collective viewing !

Friday

That’s it, no more homework … it’s a Friday … enjoy your day enjoy, your weekend, will be back with 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.

jkfinancialinc

street-cents

Happy Holidays From The Gang at J.K. Financial, Inc … Current Kvale’s … Throwback of Only Five Years

Happy Holidays and Merry Christmas

The Gang

Pierce and Sophia 2020

Throwback just 5 years – Goes Fast – Enjoy!

Happy Holidays, Seasons Greetings, Be Well, Be Safe!

John Kvale

Office Hours, Holiday Schedules, Season of Gentleman’s Agreement on Wall Street, Newsletter Preview, Slow Money Reminder …

Over the next two weeks, with staggered schedules, our office, which our building manager is still continuing to ask us not to have guests, will be open sporadically. We will collectively be working remotely or out of the office on various family holiday getaways.

Donald “The Brain” is happily in a warmer climate near water, loosely connected to the office for some much needed and much earned R&R this week after a full spring, summer, and fall, of lock downs.

My time actually occurs next week after Christmas and through New Year’s.

Jen will be in and out remotely connected with a few official bookend days for holidays and long weekends throughout the next two weeks.

One big positive of the events of this year is the ease of pivot to remote for all of us!

A Gentleman‘s Agreement on Wall Street!

While in recent years we’ve seen this agreement violated, look no further than some of the sharp drop offs during this time just a year ago, generally there is an unwritten gentleman‘s agreement to “do no harm” during this time of the year. Meaning capital markets usually do not trade upward or downward in dramatic fashion throughout the remainder of the year.

Under normal circumstances the next two weeks, partial trading weeks …with closures on each Friday and half a day before the holiday trading would be BORING and very low volume….trying not to jinx ourselves here!

Newsletter Update

With a newsletter chocked full of great Financial Planning, Income Tax, and Personal reminders, and being non-market related, the Newsletter is complete and we hope to have it to you during the holidays for some possible fun reading that you may have during down time.

We think it came out fantastic, and tribute the great bulk of subject matter to you guys for the experiences, reminders, and techniques that we did this year.

Our posts here at Street-Cents will likely not be as regular and much lighter over the next two weeks as well!

Remember, as mentioned here in this urgent reminder post, Financial Institutions in every area of service are greatly overloaded for some reason this year, and as such MONEY IS MOVING SLOW…. do not wait until the last minute for a Financial Transaction, especially if it is personal!

Happy Holidays, Be Well, Be Safe, and Happy New Years!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.

jkfinancialinc

street-cents