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In the News Archives | Wealthspire Advisors

Mar 31 2020
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CARES Act

Details of Newly Passed CARES Act: Welcome Relief Plus Planning Opportunities

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The Coronavirus Aid, Relief, and Economic Security Act (CARES) was signed into law on March 27, 2020 and provides $2.2 trillion in stimulus to help the economy recover from the dramatic changes brought on by the COVID-19 pandemic. The Act is designed to offer individuals and businesses significant flexibility to recover from the anticipated recession as parts of the economy are forced to slow or shut down. Details of the Act’s provisions concerning individuals and small businesses are included in the sidebar. To put this into context, this $2.2 trillion is sizable relative to the $20 trillion United States GDP…
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Mar 11 2020
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markets coronavirus

Markets and the Coronavirus: Frequently Asked Questions

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Since the end of February, we have seen news around the Coronavirus, which was first discovered in China in early January, continue to emerge at a fast and furious pace. As cases of the virus have been diagnosed around the world, U.S. and global markets have responded sharply to what they view as a potential slow-down related to spread of the disease. Several weeks ago, market observers generally laid out a simplistic 3 scenario model from best to worst case in determining how the impact from the Coronavirus would transpire. While previously those observers were leaning in a more optimistic…
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Feb 12 2020
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office boca raton

Wealthspire Advisors Opens Boca Raton Office

In the News
New York, February 12, 2019 – Wealthspire Advisors, an NFP company and independent investment advisor, announced today the opening of a new office in Boca Raton, FL. The office is located at 150 East Palmetto Park Road, Suite 525, Boca Raton, FL 33432. Wealthspire Advisors now operates 13 offices in 9 states. “Wealthspire is a growth-driven company and we are excited for the opportunity to expand our footprint to Florida,” said Wealthspire Advisors CEO, Mike LaMena. “The new office will allow us to better serve existing relationships in the region and connect with new clients who value local expertise. Being…
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Dec 19 2019
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SECURE Act

The SECURE Act: What You Need to Know

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On December 16, 2019, Congress agreed to a spending bill which included a law called the Setting Every Community Up for Retirement Enhancement Act (SECURE Act). The SECURE Act was passed only by the House in the summer, but seemed to be falling by the wayside until it was attached to this spending bill. The new law is effective January 1, 2020. Below is some insight into the major implications of this new law, and some thoughts on how to lessen the impact of the most important change: the removal of the stretch RMD provisions on inherited IRAs. What did…
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