Tag Archives: Proxy Season

Proxy Season is Here … Why We Vote For You and What to Do if You are Receiving Proxy Information

Posted on February 22, 2023 by | Leave a comment

Almost all public financial institutions of all shape and form have what is called a Proxy Vote.

The Proxy is an at least Annual Vote for various items such as approval for management salaries, mergers, company stock repurchases and just an annual approval to continue current services.

Break In – The pending fall merger has led to an increase in Schwab related deliveries mostly via email … see below for our easy corrective measures made by use!

Why We Vote Your Proxy

As a regular practice we vote Proxies for all clients. This accomplishes multiple items:

  • Much Greener – We get one statement for literally 100’s of client votes
  • We actually vote – always for management – if we disagreed we would not own the respective asset
  • We keep a permanent record of the vote
  • By voting for you, your mailbox is not stuffed full this time of the year

We try to receive electronic information as much as possible – this is once again green but much of this information is still delivered the old fashion way by snail mail

What to Do If You are Receiving Proxy Information .. Help is Here!

Occasionally Proxy directives for us to vote … for you, falls off the system …

When this occurs your mailbox will begin getting full…

No worry, just reach out and we can easily refresh your directives back to us and stop the pelting of mail.

Given the large number of collective votes, we do not know if you have fallen off the directives list, so please do not hesitate to ask us for a refresh.

Have a Great “Proxy Vote Update” 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

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Posted in Annual Reviewed, Clients/Clients Only, General Financial Planning, Investing/Financial Planning, Why

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Proxy Season is Here … Why We Vote For You and What to Do if You are Receiving Proxy Information

Posted on March 29, 2021 by | Leave a comment

Almost all public institutions of all shape and form have what is called a Proxy Vote.

The Proxy is an at least Annual Vote for various items such as approval for management salaries, mergers, company purchases and just an annual approval to continue current services.

Why We Vote Your Proxy

As a regular practice we vote Proxies for all clients. This accomplishes multiple items:

  • Much Greener – We get one statement for literally 100’s of client votes
  • We actually vote – always for management – if we disagreed we would not own the respective asset
  • We keep a permanent record of the vote
  • By voting for you, your mailbox is not stuffed full this time of the year

We try to receive electronic information as much as possible – this is once again green but much of this information is still delivered the old fashion way by snail mail

What to Do If You are Receiving Proxy Information

Occasionally Proxy directives for us to vote for you falls off the system …

When this occurs your mailbox will begin getting full…

No worry, just reach out and we can easily refresh your directives back to us and stop the pelting of mail.

Given the large number of collective votes, we do not know if you have fallen off the directives list, so please do not hesitate to ask us for a refresh.

Have a Great “Proxy Vote Update” 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

Leave a comment

Posted in Clients/Clients Only, General Financial Planning, Investing/Financial Planning, Why

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Proxy Season is Here – Reminder… We Vote and save the wasted paper for you! Masters Weekend Friday

Posted on April 12, 2019 by | Leave a comment

As we wave goodbye to Tax Season – Almost there – just one more business day!

We say hello to another season.

Proxy Season Remindersvote-1804596__480

As a most common regular practice, we vote proxies for clients. There are multiple advantages of doing this …

  • Your mailbox will not get overblown with massive proxy statements, notices, and voting material
  • Being more green – we get one piece of material for hundreds of you, saving the companies money and helping the environment at the same time
  • Getting the Vote completed – the vote will get cast, frequently a confusing proposition as near all votes are electronic, but after many completions the systems are know

Are you getting Proxy Statements?

If you by chance are getting proxy notices, please contact us and we will resend and reset the directives to have those proxies sent to us in bulk – occasionally proxy votes will revert back to you via new proxy provider or company changes.

Ahhhh…. it’s a Friday, but not just any Friday … a Masters Weekend Friday – Enjoy!

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

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Posted in Clients/Clients Only, General Financial Planning, Investing/Financial Planning

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Late Arriving Tax Form 5498 AND Proxy Season Notice Reminder …

Posted on April 27, 2018 by | Leave a comment

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

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Posted in Clients/Clients Only, Investing/Financial Planning, Tax Related

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Save the Tree; Proxy Season Reminder, A Service We Provide

Posted on March 22, 2011 by | Comments Off on Save the Tree; Proxy Season Reminder, A Service We Provide

It’s official, proxy season is here, and judging by the amount of material we are already receiving, it is going to be another busy proxy voting season.

Proxy Season !

Just as a reminder, we take care of your proxy voting. You should not be receiving material in the mail related to proxy voting at this time.

If you are receiving the stacks of reports, please contact Cathy at cathy@jkfinancialinc.com. We will immediately have the materials redirected to our office for review and vote.

Much of the information we receive on client’s behalf is either electronic correspondence or a single packet for multiple recipients, in both cases more environmentally friendly than separate mailings.

Have a Great Day !

JK

Comments Off on Save the Tree; Proxy Season Reminder, A Service We Provide

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