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
April 2022 Financial Planning and Capital Market Review – By John Kvale CFA, CFP
Hello and Welcome to our April 2022 … Financial Planning and Capital Market Update!
If you are too busy to read, feel free to listen as we describe our post and thoughts in friendly podcast audio format as well as Video!
We like to articulate our thoughts and review on a Monthly basis our Financial Planning Tips, Capital Markets thoughts and current events!
Hope you enjoy!
April 2022 Video
Financial Planning Tip(s)
Back to Basics Series – Educational Funding
In our continued fun “Back To Basics” Series here we discuss Educational Funding…
Here is one very important item to remember from the post:
Did you notice we put Retirement Planning BEFORE Education planning? Do you recall in Part 3 in Debt Planning we said one of the few good debts are educational related debts ….We of course are not advocating Student debt/loans… but they are available in abundance and again not a bad debt. There are not retirement planning loans…. just saying!
Proxy Vote Reminder
In this post we remind you to please reach out if you have fallen off the list for us to proxy vote for you!
If you are getting those pesky Proxy Notices (some can be small books- oh the trees that are destroyed- digressing) reach out to us, we not only vote the Proxies for you, but we get one single notice for everyone, and Jen has done an excellent job in getting a great deal of those electronically…. Did we say how Green this is?
Capital Market Comments
The Slowdown is Here
We first started speaking of the slowdown in our Q 1 2022 Newsletter here in our “Anatomy of a Slowdown” main aricle actually released in December of 2021….
And then again, here in our Q 2 2022 Newsletter ….
Then again here, here, here, here, and again here.… among a few other times…
Last week the BEA “Officially Released” a negative GDP print as noted here in our post and in this chart….
Never get the timing exactly, but we are not surprised and have been waiving the flag here in our talks and are prepared!
Have a Great Day, Talk to You at the End of May!
John A. Kvale CFA, CFP
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Posted in Audio, Clients/Clients Only, Economy, General Financial Planning, Investing/Financial Planning, Market Comments, Monthly Review, Podcast, Reminder, Video
Tagged 529, Anatomy of a Slowdown, Back to Basics, College Funding, CPI, Proxy Vote, Slowdown