Timely COVID-19 insights and resources to help you during these uncertain times.
Rest assured, we are here to help.
How We Proactively Help Our Clients
In addition to our traditional financial services, we have been proactive in providing timely and thoughtful advice during the coronavirus pandemic. We are with you through these uncertain times and here to help navigate your path with prosperity and confidence.
Here are a few examples of additional ways we can help clients at this time:
- Revising your updated cash flow projections
- Confirming your adequate cash reserves
- Identifying if required minimum distributions from IRAs can be canceled for the year if you do not need the funds now
- Reviewing all your insurance coverage to ensure proper protection
- Developing opportunistic cash deployment strategies into the market
- Ongoing monitoring of economic developments and market implications
- Maintaining discipline with respect to your portfolio management and rebalancing through market dislocations
- Disciplined approach allows us to “buy low, sell high”
- Tax loss harvesting where it makes sense in order to increase your after-tax returns
- Diversification away from concentrated legacy securities and into a more broadly diversified basket of stocks – these concentrated securities may now have less unrealized gains and therefore lower tax consequences to selling them
We are here for you and your family – a message from our CEO.
Over the past month, our team at Mission Wealth has worked incredibly hard to ensure our clients are informed and cared for during this crisis. We know the shockwaves have been coming from multiple angles, including; constant health news, extreme financial market volatility, mandatory physical distancing and economic uncertainty.
While working almost entirely remotely, our team immediately jumped into action by getting in touch with all of our clients, synthesizing data, sending out almost daily market updates, processing trade and cash requests, and giving critical guidance.
As a team, we’ve held “all hands” Zoom virtual meetings first thing each morning to ensure every member is informed with the resources they need to continue supporting our clients. Our calls and emails with each other, in the full spirit of collaboration, continued until late in the evening, harnessing our collective force to provide the best decision-making and execution possible.
While we are not healthcare workers (and our utmost respect goes to each and every one of them), we see ourselves as essential service providers for the families that have entrusted their financial lives to us. We take this responsibility seriously and I hope your confidence has grown over these past few weeks from your personal service experience.
Over the past 20+ years, we have navigated the Dotcom stock crash, 9/11 terrorist attacks, Iraq war, Subprime mortgage crisis, and now COVID-19. Our firm is strong, action-oriented, resilient and here to help you navigate the future, during both smooth and turbulent times. We will get through this together, as we have in the past, and we value the trust you have placed in us!
Seth Streeter, MS, CFP®, CDFA™
CEO and Founder
Our Latest Coronavirus Insights
Get Away in Your Own Backyard
Travel plans may be disrupted right now, but there are still opportunities to get outside and stay safe during the coronavirus pandemic.
Build Resilience to Prepare for the Country Reopening
How can we better prepare ourselves so that we are resilient and able succeed despite the uncertainty of the country reopening?
Paying the Bills During a Pandemic
Many people went from happily working, to not having any form of income. While income may have gone away, the bills almost certainly haven’t.
Designing your Retirement Strategy in a Pandemic
The pandemic has forced many workers to reassess their careers and the options they can take towards their retirement.
Our Healthcare Heroes Share Their Wisdom, We Share Our Gratitude
In this article, Client Advisor Claudia Sawaf interviews some healthcare heroes and gets their perspective on what to do during this pandemic.
Adapting to Change During a Pandemic
This article lists out some ways that you may not even have noticed that you’ve been adapting to change over the last few weeks.
Tips for Keeping Long-Term Financial Goals During Uncertainty
Your long-term financial goals might have shifted a little lately but these four tips can keep you headed in the right direction.
Does Your Quarantine Health Level Up?
Are you making yourself a priority during this pandemic? Read this article to see how your health is holding up.
The Family Dimension of Wealth
With the uncertainty of Coronavirus, it is important to define what wealth means to us, beyond just the amount of money we have.
Loan Resources for Self-Employed and Small Businesses
There are substantial loan resources available for the self-employed and employers with fewer than 50 employees.
How the Economic Stimulus Package Can Assist Small Businesses
Several bills have recently been introduced in order to help families and businesses affected by COVID-19.
My Income is Impacted by COVID-19, What Are My Options?
The CARES Act hopes to bring some financial relief across the U.S., but if your income is further impacted here are more options for support.
The CARES Act and How it Might Affect You
We’ve compiled some of the most important tax items from the CARES act so that you can identify any aspects that might affect you.
The Importance of Disciplined, Long-Term Investing
Our well-constructed portfolios are designed to help clients navigate times like these. Learn how markets have rewarded discipline over time.
5 Ways to Stay Social During Social Distancing
These are some ways to make the social distancing experience a little less isolating and a little more social.
Our Commitment to Service
As we all watch the Coronavirus situation unfold across the globe, our thoughts are with those affected by the virus, their families, and their respective communities. Thinking about our own Mission Wealth community, we want to assure you that we are taking all advice from the CDC and other government health organizations very seriously and will take vigorous precaution to ensure the health of our clients and our team.
To help prevent the spread of COVID-19, we have temporarily closed our offices across the U.S. We’re taking this precautionary measure out of care and concern for our clients, community and staff. This does not mean we are closed for business - in fact, we are very much open and here for you. With the vast majority of our team working from home and doing their part to slow the spread of COVID-19, please be aware that our offices are closed to in-person client visits. We are currently working remotely to do our part to flatten the curve.
Our technology platform and organizational structure are both highly resilient and make us uniquely suited to serve your ongoing needs and to withstand any prolonged social distancing. Our advisory team and support personnel have been geographically distributed across the country for many years and have a unique technology platform that allows them to work safely and securely from any location with an internet connection.
Our preference is to always connect with you via face-to-face meetings, but in the absence of that option we have many virtual meeting solutions that will allow us to serve your planning, investment, tax, and estate needs uninterrupted. Both phone and email communication will always remain an alternative as well.
To our clients, we ask that you please continue to reach out to your advisor by email or phone with any questions or support that is needed. We remain committed to you, and we will continue to keep you informed while thinking of the health and financial wellness of your family.