News and Commentary
Stay up-to-date and in-the know about every aspect of your financial picture.
March 10, 2023
Silicon Valley Bank Closed by Regulators, FDIC Takes Control
Silicon Valley Bank, one of the tech sector’s favorite lenders, is shutting down. The FDIC decided to close Silicon Valley Bank, the subsidiary of SIVB, this morning, in its first bank closing of 2023. It is the first bank closure since 2020 when four closings took place. In its resolution of the failed bank, the FDIC is opting for a 'bridge bank' solution. A bridge bank is a temporary bank set up by federal regulators to operate a failed or insolvent bank. Bridge banks may operate for up to three years in order for regulators to liquidate the bank’s assets resulting in the least impact upon the deposit insurance fund. Bridge banks are typically set up for an insolvent bank as regulators try to find a buyer or bailout.
March 08, 2023
Tax Information & Forms
Check out our list of 2023 Client Tax Resources for updated mailing schedules, resources and forms as you prepare for tax season.
Research & Insights
Access our latest research and insights covering market news, financial planning topics, and more.
What to Consider When Buying or Selling a Home in a Rising Mortgage Interest Rate Environment
If you are buying or selling a home when mortgage interest rates are rising, there are important considerations to keep in mind that impact affordability and other factors.
March Investment Perspectives
Read about navigating today’s conflicting economic information, how foreign central bank policies may put downward pressure on the U.S. dollar, and how investors consider factors impacting stocks as economic risks linger.
Home Improvement Credits Under the Inflation Reduction Act
If you are planning to purchase electric vehicles or make energy-efficient improvements to your house, you may save some money under the Inflation Reduction Act.
Contact us today to discuss how we can put a plan in place designed to help you reach your financial goals.