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Please note by using any of the links provided for your convenience you will be leaving Fidelis Wealth Advisors website. The hyperlinks are to websites and servers maintained by third parties. We do not control, evaluate, endorse or guarantee content found in those sites. Your use of such sites is at your own risk.
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New Year & New Themes

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Created by: Fidelis Wealth Advisors

With the turn of the new year, we naturally shift our focus to the next 12 months to see what 2024 will bring us. Here are a few themes I’ll be watching as we enter a new year, in no particular order:

The Magnificent 7:
Not the Chris Pratt and Denzel Washington movie, but the 7 stocks that drove the majority of the return in the stock market in 2023: Apple, Google, Microsoft, Amazon, Meta (Facebook), Tesla, and Nvidia. If you expand these 7 stocks to the top-10 and include Berkshire Hathaway, Exxon Mobile, and United Healthcare Group, these 10 stocks were up 64% in 2023 compared to the other 490 stocks of the S&P up only 8%.** It was the year of the Magnificent 7, and perhaps the quote from Chris Pratt’s character, Josh Faraday, fits well here when he says, “So far, so good!”

Artificial Intelligence/Tech:
The theme of AI within Technology companies will continue to dominate the headlines. News out of CES, a large technology conference held every year, indicates impressive strides in artificial intelligence and the every-day use case that could be coming soon.

A year of the broadening?:
Much will be talked about this year related valuations of the stock market. The tech sector, on the backs of The Magnificent 7, is trading significantly above it’s 20-year average P/E multiple, while other parts of the market are not. Will this year be the year of the much discussed “broadening” where tech takes a backseat, or does the AI thesis continue to dominate investor sentiment?

Cash, money markets, and T-bills:
2023 was the first year in over a decade that yield was found in cash-instruments such as short-term T-bills and money market funds. Look for 2024 to continue this trend as the 3-month T-bill is still yielding 5.38% on an annualized basis.^

Inflation (or the lack thereof):
If 2022 and 2023 were dominated by high inflation, 2024 looks to buck the trend with inflation trending back to what would be historically normal levels. This doesn’t mean prices will fall (don’t we wish :-)), but that the inflation growth rate will normalize back to a more palpable number. The fall has been steady from 9.1% on headline inflation (June 2022) to the most recent print of 3.1% (November 2023), which has given us the belief that inflation may be leveling back to normal.*

Bitcoin hits the mainstream:
The Securities and Exchange Commission (SEC) recently approved a spot Bitcoin ETF, allowing investors to access this asset class via an ETF security. With the adoption of Bitcoin as currency in developing countries such as El Salvador, and indications that other Latin American countries may deem it legal tender in the near future, this approval by the SEC continues the accessibility to both retail and institutional investors on a much larger scale. In a stroke of poetic karma, these Bitcoin ETFs started trading exactly 15 years to the day after Hal Finney, believed to the be the first person to download and receive Bitcoin, tweeted, “Running bitcoin”, on January 11, 2009.

Election Year:
2024 is a major election year, not just in the U.S., but in much of the world. Dating back to just before World Ward II, the S&P 500 has only seen two down years in presidential election years, despite large intra-year volatility.

Hard, soft, or no landing?:
The most anticipated recession that has yet to come continues to be the topic of most economists. Will we have a soft landing (mild recession), a hard landing (deep recession) or no landing (we just keep flying with a good economy)? Most economist believe we can close the discussion on which “landing” we’ll get by the end of the year as we’ll have a more clear picture of where things are going.

New Coaches:
With the retirements of Bill Belichick, Nick Saban, and Pete Carroll, the football world will look to replace three iconic coaches, who between them won 7 Super Bowls and 9 College National Championships. Perhaps my favorite Nick Saban quote is, “Mediocre people don’t like high achievers, and high achievers don’t like mediocre people.”

There’s a lot going on and a lot of news to digest and understand how it plays into markets, investing, and the economy. Our job is to help you make good decisions with your money and build your financial fortress. We watch markets everyday so you don’t have to. As always, if you have any questions, please give us a call.

Please note by using any of the links provided for your convenience, you will be leaving Fidelis Wealth Advisors website. The hyperlinks are to websites and servers maintained by third parties. We do not control, evaluate, endorse, or guarantee content found in those sites. Your use of such sites is at your own risk.

This blog is general communication being provided for informational purposes only.  This information is in no way a solicitation or offer to sell securities or investment advisory services.  It is educational in nature and not to be taken as advice or a recommendation for any specific investment product or investment strategy.  This does not contain sufficient information to support an investment decision.  Any investment or investment strategy mentioned may not be suitable for all investors or in their best interest.   Statistical information, quotes, charts, references to articles or any other quoted statement or statements regarding market or other financial information is obtained from sources which we believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. All rights are reserved.  No part of this blog including text, graphics, et al, may be reproduced or copied in any format, electronic, print, et al, without written consent from Fidelis Wealth Advisors, LLC. Fidelis Wealth Advisors does not provide legal or tax advice.  Please be advised to consult with your investment advisor, attorney or tax professional before making any investment decisions.

Welcoming Women to the Room – Amy Sherman

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Welcoming Women to the Room – Amy Sherman

Created by: Lorie Jones

Check out Fidelis Wealth’s own Lorie Jones’ conversation with Amy Sherman, the CEO of Economic Literacy Colorado. Amy was taught financial literacy throughout her upbringing and is passionate to expand economic education and financial literacy to Colorado teachers and students.

Don’t miss out on opportunities to get involved at the end of the video!

A heartfelt thank you to Amy Sherman for generously sharing her experiences and techniques to “Welcome Women to the Room.”

Find useful tools to improve your professional development? Continue watching our Welcoming Women to the Room series:

Please note by using any of the links provided for your convenience, you will be leaving Fidelis Wealth Advisors website. The hyperlinks are to websites and servers maintained by third parties. We do not control, evaluate, endorse, or guarantee content found in those sites. Your use of such sites is at your own risk.

 

 

This blog is general communication being provided for informational purposes only.  This information is in no way a solicitation or offer to sell securities or investment advisory services.  It is educational in nature and not to be taken as advice or a recommendation for any specific investment product or investment strategy.  This does not contain sufficient information to support an investment decision.  Any investment or investment strategy mentioned may not be suitable for all investors or in their best interest.   Statistical information, quotes, charts, references to articles or any other quoted statement or statements regarding market or other financial information is obtained from sources which we believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. All rights are reserved.  No part of this blog including text, graphics, et al, may be reproduced or copied in any format, electronic, print, et al, without written consent from Fidelis Wealth Advisors, LLC. Fidelis Wealth Advisors does not provide legal or tax advice.  Please be advised to consult with your investment advisor, attorney or tax professional before making any investment decisions.

Beyond Profits: Fidelis Invests in Communities – Clients Give Back

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Fidelis Wealth Advisors Clients Give Back

Created by: Fidelis Wealth Advisors

During this busy time of year, we tend to be too busy to reflect on all that was accomplished since January. This year, Fidelis not only embraced the spirit of giving back with our work with organizations such as The Aspen Effect, Economic Literacy Development Council and the Castle Rock Crankers, but we also witnessed our clients finding innovative ways to contribute. The result? More than $700,000 in total donations, with greater than $180,000 attributed to donations in kind. Beyond the positive feelings that come with philanthropy, there’s an additional financial benefit – Fidelis clients saved money on taxes due to their generous contributions.

 

Charitable Giving Breakdown:

The contributions from the Fidelis community didn’t just vanish into thin air. Instead, it contributed to more than 20 different churches and charities, each with a unique mission and a specific group of people to support. This diverse range of beneficiaries highlights the widespread impact that Fidelis and its clients were able to achieve.

 

Special Thanks to Fidelis Clients:

We at Fidelis would like to extend a heartfelt thank you to each and every client who chose to give back to their community. It’s through their compassion and willingness to make a difference that these significant contributions became possible. Whether through monetary donations or in-kind gifts, every act of generosity has played a role in shaping a brighter future for those in need.

 

We hope the impact of Fidelis’ community involvement and charitable giving extends far beyond the immediate recipients of the donations. In a year that presented its fair share of challenges, the generosity displayed by Fidelis and its clients stands out as a beacon of hope. The money given back to the community, along with the tax savings for Fidelis clients, demonstrates that combining financial success with a commitment to social responsibility is not only possible but also highly rewarding. As we bid farewell to this year, let’s carry forward the spirit of giving into the future, creating a legacy of compassion, community, and positive change.

Please note by using any of the links provided for your convenience, you will be leaving Fidelis Wealth Advisors website. The hyperlinks are to websites and servers maintained by third parties. We do not control, evaluate, endorse, or guarantee content found in those sites. Your use of such sites is at your own risk.

This blog is general communication being provided for informational purposes only.  This information is in no way a solicitation or offer to sell securities or investment advisory services.  It is educational in nature and not to be taken as advice or a recommendation for any specific investment product or investment strategy.  This does not contain sufficient information to support an investment decision.  Any investment or investment strategy mentioned may not be suitable for all investors or in their best interest.   Statistical information, quotes, charts, references to articles or any other quoted statement or statements regarding market or other financial information is obtained from sources which we believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. All rights are reserved.  No part of this blog including text, graphics, et al, may be reproduced or copied in any format, electronic, print, et al, without written consent from Fidelis Wealth Advisors, LLC. Fidelis Wealth Advisors does not provide legal or tax advice.  Please be advised to consult with your investment advisor, attorney or tax professional before making any investment decisions.

Find more ways Fidelis is investing in the community:

Beyond Profits: Fidelis Invests in Communities – Focus on Finance Gala

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Fidelis Wealth Advisors Celebrates Economic Literacy and Mentorship at the Focus on Finance Gala

Created by: Fidelis Wealth Advisors

On October 19th, Lorie Jones showcased Fidelis Wealth Advisors’ commitment to nurturing the financial expertise of the next generation as she attended the Focus on Finance Gala. This exceptional event was organized by Economic Literacy Colorado, a non-profit organization dedicated to advancing financial literacy programs in schools.

The evening was graced by distinguished guest speakers who included the likes of Ryan Harris, a Super Bowl Champion and acclaimed author, James Haluszcak from NuMoola, Gargi Chaudhuri representing BlackRock, and even a student who is actively participating in Economic Literacy Colorado’s educational initiatives. Notably, the young presenter said she “stuffed her shoes” because they were a little too big and she wanted to look professional.  Gargi, from Blackrock later assured her that she didn’t have to wear uncomfortable and ill-fitting heels if she didn’t want to and displayed her comfortable flats.  It was nice to see that mentorship and support from someone so senior to an up and coming young lady.   

Economic Literacy Colorado’s student-oriented programs encompass the Stock Market Experience and Invest in Girls. The Stock Market Experience empowers students to work collaboratively in teams, investing a virtual $100,000 in both U.S. and international exchanges. Through this real-time simulation, they gain valuable insights into the art of making investments while staying informed about current events. On the other hand, Invest in Girls connects high school girls with seasoned professional women in the finance sector through symposiums and workshops – notably aligning with Lorie’s sweet spot in fostering and nurturing the love of finance in young women. These sessions delve into essential financial topics, such as budgeting, credit card management, taxation, savings, investing, stocks, bonds, mutual funds, and the art of building a diverse investment portfolio.

But the commitment of Economic Literacy Colorado doesn’t end there. They also extend their expertise to educators by providing professional development opportunities. These courses equip teachers with the knowledge and tools they need to pass on crucial financial skills to their students, creating a ripple effect of financial literacy in the classroom.

Fidelis is excited to share that Amy Sherman, the Founder and CEO of Economic Literacy Colorado, is set to be a featured guest on an upcoming episode of “Welcoming Women to the Room,” to promote financial education and empowerment.

Please note by using any of the links provided for your convenience, you will be leaving Fidelis Wealth Advisors website. The hyperlinks are to websites and servers maintained by third parties. We do not control, evaluate, endorse, or guarantee content found in those sites. Your use of such sites is at your own risk.

This blog is general communication being provided for informational purposes only.  This information is in no way a solicitation or offer to sell securities or investment advisory services.  It is educational in nature and not to be taken as advice or a recommendation for any specific investment product or investment strategy.  This does not contain sufficient information to support an investment decision.  Any investment or investment strategy mentioned may not be suitable for all investors or in their best interest.   Statistical information, quotes, charts, references to articles or any other quoted statement or statements regarding market or other financial information is obtained from sources which we believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. All rights are reserved.  No part of this blog including text, graphics, et al, may be reproduced or copied in any format, electronic, print, et al, without written consent from Fidelis Wealth Advisors, LLC. Fidelis Wealth Advisors does not provide legal or tax advice.  Please be advised to consult with your investment advisor, attorney or tax professional before making any investment decisions.

Find more ways Fidelis is investing in the community:

5 Items on Your Year-End Checklist

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Created by: Fidelis Wealth Advisors

As we come to the end of the year, a question I receive a lot is: “What do I need to do before year-end financially?” 

There’s way more we should do than we can do, but here are the top-5 easy things to do that will make a difference:

  1. Max out your 401K contributions:
    • If you haven’t maxed out your 401K contributions for the year, and have the excess income to do so, think about funding a little more into your long-term retirement bucket these next few pay cycles.
  2. Make IRA contributions:
    • While you have until April 2024 to make your 2023 contributions, if you have the extra cash or know a bonus is around the corner, it’s never a bad thing to get these funded.
  3. HSA Contributions:
    • Similar to IRAs, you have until April 2024 to make your 2023 HSA contribution, but seeing as this is one of the most tax-efficient vehicles that currently exists, you want to prioritize its funding.
  4. Charitable Donations:
    • Make your charitable donations before December 31st. If you have appreciated stock that qualifies, look to use this first over cash. Often a Donor Advised Fund can be useful organizing your donations.
  5. Big Purchases in 2024:
    • Think ahead to 2024. Do you have any outsized purchases that you will be making. We want to be smart about how to invest your money and if you know a big purchase is around the corner, let’s talk about where best to park the cash in the interim.

Year-end is a busy and exciting time with many events and gatherings. Take 10 minutes to go through this check-list and determine if there’s anything you can do today.

Please note by using any of the links provided for your convenience, you will be leaving Fidelis Wealth Advisors website. The hyperlinks are to websites and servers maintained by third parties. We do not control, evaluate, endorse, or guarantee content found in those sites. Your use of such sites is at your own risk.

This blog is general communication being provided for informational purposes only.  This information is in no way a solicitation or offer to sell securities or investment advisory services.  It is educational in nature and not to be taken as advice or a recommendation for any specific investment product or investment strategy.  This does not contain sufficient information to support an investment decision.  Any investment or investment strategy mentioned may not be suitable for all investors or in their best interest.   Statistical information, quotes, charts, references to articles or any other quoted statement or statements regarding market or other financial information is obtained from sources which we believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. All rights are reserved.  No part of this blog including text, graphics, et al, may be reproduced or copied in any format, electronic, print, et al, without written consent from Fidelis Wealth Advisors, LLC. Fidelis Wealth Advisors does not provide legal or tax advice.  Please be advised to consult with your investment advisor, attorney or tax professional before making any investment decisions.

Beyond Profits: Fidelis Invests in Communities – Continuing Education

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Fidelis Wealth Advisors continues to learn in order to help clients.

Created by: Fidelis Wealth Advisors

Over the past few weeks, both Sam Tenny and Lorie Jones, founders of the Fidelis Wealth Advisors team, have embarked on separate journeys to enhance the quality of service offered to their clients. While it might sound like they were off enjoying a well-deserved vacation, their purpose was far more dedicated. Sam attended the renowned Future Proof conference, while Lorie was equally immersed in her quest for knowledge, participating in both the American Funds Symposium and Wealth@Work Conference.

These opportunities, although held in picturesque settings that could easily double as vacation destinations, served a distinct purpose: equipping Sam and Lorie with the most up-to-date insights, strategies, and resources to enhance the Fidelis Wealth Advisors’ client experience. In a world where the financial landscape is ever-evolving, staying ahead of the curve is not just a commitment but a necessity.

In attending FutureProof, Sam delved deep into the intricacies of the investment world looking for innovative ways to grow Fidelis Wealth Advisors. This conference, a renowned gathering of industry leaders and visionaries, provided a wealth of knowledge on market trends, asset management, and financial planning. Sam’s presence at this event reaffirmed Fidelis Wealth Advisors’ commitment to remain at the forefront of investment strategies, benefiting their clients with the latest, most informed decisions.

Simultaneously, Lorie explored the multifaceted nature of wealth management by participating in both the American Funds Symposium and Wealth@Work Conference. The former delved into the finer details of investment, reiterating Fidelis Wealth Advisors’ pledge to offer comprehensive, end-to-end solutions to their clients. At Wealth@Work, Lorie delved deep into the dynamic realm of financial literacy, an experience that further fueled her commitment to educating more women about the advantages of a holistic approach to wealth management.

These opportunities have brought new horizons and an abundance of resources to the Fidelis Wealth team, and we are excited to share the knowledge and insights gleaned from these conferences. As we continue to evolve and adapt to the ever-changing financial landscape, we remain committed to providing our clients with exceptional and personalized services.

Stay tuned for exciting insights from Sam and Lorie’s experiences as they shape Fidelis Wealth Advisors’ innovative approach to wealth management in our upcoming educational blog series. Our unwavering commitment to excellence is dedicated to helping you achieve your financial goals, making your financial future our top priority.

Please note by using any of the links provided for your convenience, you will be leaving Fidelis Wealth Advisors website. The hyperlinks are to websites and servers maintained by third parties. We do not control, evaluate, endorse, or guarantee content found in those sites. Your use of such sites is at your own risk.

This blog is general communication being provided for informational purposes only.  This information is in no way a solicitation or offer to sell securities or investment advisory services.  It is educational in nature and not to be taken as advice or a recommendation for any specific investment product or investment strategy.  This does not contain sufficient information to support an investment decision.  Any investment or investment strategy mentioned may not be suitable for all investors or in their best interest.   Statistical information, quotes, charts, references to articles or any other quoted statement or statements regarding market or other financial information is obtained from sources which we believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. All rights are reserved.  No part of this blog including text, graphics, et al, may be reproduced or copied in any format, electronic, print, et al, without written consent from Fidelis Wealth Advisors, LLC. Fidelis Wealth Advisors does not provide legal or tax advice.  Please be advised to consult with your investment advisor, attorney or tax professional before making any investment decisions.

Find more ways Fidelis is investing in the community:

Beyond Profits: Fidelis Invests in Communities – Fidelis and Douglas County

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Fidelis Wealth Advisors take an active approach to supporting Douglas County

Created by: Fidelis Wealth Advisors

When it comes to wealth management, Fidelis takes a dynamic approach by investing in a wide array of assets that go beyond the realm of traditional stocks and bonds. Similar to diversifying our investment portfolio in management, we actively participate in various community programs.

At Fidelis Wealth Advisors, we’re not just about numbers and financial portfolios; we’re deeply committed to the communities we operate in. We demonstrate this unwavering commitment through various events and programs that make a meaningful impact on Douglas County.

 

Douglas County Heroes Gala

The inaugural Douglas County Community Foundation Heroes Gala was a memorable evening held at Chatfield Farms Botanical Gardens. The gala aimed to raise awareness and express gratitude to Douglas County’s first responders, Armed Forces members, veterans, and the nonprofits that support them.

The event featured a heartwarming program and presented awards to recognize the exceptional service these heroes provide to our community. Fidelis Wealth Advisors was honored to be part of this event, showing our deep appreciation for those who protect and serve our community.

 

Castle Rock Chamber Golf Tournament

We’re also active participants in community fundraisers, such as the annual Drive FORE DCCF golf tournament. This event, which benefits the Douglas County Community Foundation (DCCF), brings our community together to support a great cause. In a recent tournament, Fidelis Wealth proudly sponsored a hole, represented by our very own Sam Tenney, CFP®, AIF®.

Not only did the fantastic weather bring smiles to participants’ faces, but it also brought out Sam’s competitive spirit on his favorite hole of the day. Sam’s participation exemplified our commitment to the Douglas County Community Foundation.

 

Leadership Douglas County (LDC) Program

One of our proudest initiatives is our sponsorship of the Leadership Douglas County (LDC) program, in collaboration with the Castle Rock Chamber. LDC serves as a platform for emerging leaders and dedicated volunteers to delve into a diverse range of topics, from public safety and open spaces to economic development and social services.

The LDC program goes beyond imparting knowledge and skills; it fosters camaraderie and unity through immersive team-building activities. At Fidelis, we’re genuinely thrilled to support LDC’s mission of inspiring participants and strengthening the Douglas County community.

 

 

At Fidelis Wealth Advisors, our commitment extends far beyond the world of stocks and bonds. We embrace diversification in our investment strategies, and we actively participate in events and programs that contribute positively to the communities we serve. Our dedication to making a lasting impact in Douglas County is a testament to our core values and our passion for creating a brighter financial future for all.

Please note by using any of the links provided for your convenience, you will be leaving Fidelis Wealth Advisors website. The hyperlinks are to websites and servers maintained by third parties. We do not control, evaluate, endorse, or guarantee content found in those sites. Your use of such sites is at your own risk.

This blog is general communication being provided for informational purposes only.  This information is in no way a solicitation or offer to sell securities or investment advisory services.  It is educational in nature and not to be taken as advice or a recommendation for any specific investment product or investment strategy.  This does not contain sufficient information to support an investment decision.  Any investment or investment strategy mentioned may not be suitable for all investors or in their best interest.   Statistical information, quotes, charts, references to articles or any other quoted statement or statements regarding market or other financial information is obtained from sources which we believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. All rights are reserved.  No part of this blog including text, graphics, et al, may be reproduced or copied in any format, electronic, print, et al, without written consent from Fidelis Wealth Advisors, LLC. Fidelis Wealth Advisors does not provide legal or tax advice.  Please be advised to consult with your investment advisor, attorney or tax professional before making any investment decisions.

Find more ways Fidelis is investing in the community:

How the Strategy of the Ryder Cup has Parallels to Investing

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Created by: Fidelis Wealth Advisors

The Ryder Cup was held this past weekend, a team golf tournament between the United States and Europe with a rich history. The tournament goes back nearly 100 years and is unique in that it takes what is predominantly an individual sport and turns it into a team event for one week, divided along continental and national lines.

The strategy is fascinating. Each team has a captain who decides which players will play in various 2-man team matches against their opponent, with the final day being head-to-head single matches. The home team has the added advantage of deciding how easy or hard the course will be set up. Every two years the tournament rotates between the U.S. and Europe, giving the home team the advantage.

The last 4 Ryder Cups have been dominated by the home team as they’ve each used deep insights and relied on heavy analytics to give their team the best chance at winning by setting up the golf course to favor their team. In each of these recent matches, the reliance on research, history, and analytics has paid off in blowout wins for the home team.

At this point you’re probably wondering if this is a golf article or an investing article!

There are a lot of parallels we can pull from Ryder Cup strategy to investing your money:

  1. Research and Analytics Matter:  It’s possible in the future that the current era of Ryder Cup matches may be known as ‘The Analytics Era’ for how important they’ve become. Building an investment portfolio in an efficient way using thoughtful research and tested portfolio analytics is similarly important. A lot of thought needs to go into how a portfolio is constructed to help achieve your goals.
  2. Economic Cycles Matter: Similar to how the golf course setup by the home team greatly affects the outcome of the Ryder Cup, the economic setup for portfolio construction parallels importance. For example, the past 18 months have been marked by rising interest rates. How your wealth advisors positioned your fixed income duration during this time has greatly affected your experience in this asset class.
  3. Team Matters: The captain of each Ryder Cup is perhaps the most important decision-maker on the team. He gets to choose a handful of players who don’t automatically qualify and chooses who plays in which matches. Many times, winning or losing can be traced back to these decisions. It’s no different with your wealth management team. Having an experienced team, with good people who know how to navigate the investment landscape, and who will pick up the phone and explain your money to you, is key to the entire process.

Successful teams have similar qualities and proven processes. The Ryder Cup is perhaps the ultimate example of how leadership, decision-making, and the use of data can influence the outcome of an event.

Investing and money management are no different.

Please note by using any of the links provided for your convenience, you will be leaving Fidelis Wealth Advisors website. The hyperlinks are to websites and servers maintained by third parties. We do not control, evaluate, endorse, or guarantee content found in those sites. Your use of such sites is at your own risk.

This blog is general communication being provided for informational purposes only.  This information is in no way a solicitation or offer to sell securities or investment advisory services.  It is educational in nature and not to be taken as advice or a recommendation for any specific investment product or investment strategy.  This does not contain sufficient information to support an investment decision.  Any investment or investment strategy mentioned may not be suitable for all investors or in their best interest.   Statistical information, quotes, charts, references to articles or any other quoted statement or statements regarding market or other financial information is obtained from sources which we believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. All rights are reserved.  No part of this blog including text, graphics, et al, may be reproduced or copied in any format, electronic, print, et al, without written consent from Fidelis Wealth Advisors, LLC. Fidelis Wealth Advisors does not provide legal or tax advice.  Please be advised to consult with your investment advisor, attorney or tax professional before making any investment decisions.

Beyond Profits: Fidelis Invests in Communities – Cars & Cowboys

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Fidelis partners with The Aspen Effect to invest in Denver youth’s future.

Created by: Fidelis Wealth Advisors

On September 9th, Fidelis Wealth Advisers had the privilege of standing alongside The Aspen Effect as a proud sponsor of their Cars & Cowboys Fundraiser. Not only did Fidelis support the event financially, but we also actively participated as attendees, immersing ourselves in the event to raise funds in support of Colorado’s youth.

Fidelis has pledged to sponsor a new program at the Aspen Effect for the next two years. The Teen Service Crew (TSC) will provide high schoolers with the unique monthly opportunity to earn required volunteer service hours, and to connect with different Douglas County organizations, and to learn life skills (including personal finance education provided by Fidelis). This opportunity will offer teenagers a pre-planned experience that will include service, leadership, learning and lunch.

The Aspen Effect, with its heartfelt mission, supports children in Colorado as the mental illness crisis grows. In a world where youth face mounting expectations, increasing social disconnection, and growing confusion, The Aspen Effect disrupts the crisis through a distinctive approach involving hard work outside with large animals. By forging partnerships with parents and guardians, this remarkable nonprofit organization seeks to empower children to reimagine themselves in positive ways, thanks to the presence of a caring adult mentor, captivating animal experiences, and a strength-centered approach.

The Cars & Cowboys Fundraiser event was nothing short of spectacular. Set against the backdrop of a full-scale replica of a 1950s gas station and diner, it exuded an authentic vintage charm. Attendees were also treated to the elegance of a beautifully restored barn, which served as the venue for the dinner and auction. As if that weren’t enough, an extraordinary collection of vintage cars added a touch of nostalgia and class to the event.

We at Fidelis couldn’t be prouder to align ourselves with The Aspen Effect’s cause. Relating the strength of the Aspen tree to the hidden strength each child processes, the organization empowers children every day. We believe in the power of supporting our youth, especially those facing mental health challenges, and we look forward to continuing to invest in Colorado’s youth. With such partnerships, we can make a lasting impact and provide hope and resilience to the children who need it most.

Please note by using any of the links provided for your convenience, you will be leaving Fidelis Wealth Advisors website. The hyperlinks are to websites and servers maintained by third parties. We do not control, evaluate, endorse, or guarantee content found in those sites. Your use of such sites is at your own risk.

This blog is general communication being provided for informational purposes only.  This information is in no way a solicitation or offer to sell securities or investment advisory services.  It is educational in nature and not to be taken as advice or a recommendation for any specific investment product or investment strategy.  This does not contain sufficient information to support an investment decision.  Any investment or investment strategy mentioned may not be suitable for all investors or in their best interest.   Statistical information, quotes, charts, references to articles or any other quoted statement or statements regarding market or other financial information is obtained from sources which we believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. All rights are reserved.  No part of this blog including text, graphics, et al, may be reproduced or copied in any format, electronic, print, et al, without written consent from Fidelis Wealth Advisors, LLC. Fidelis Wealth Advisors does not provide legal or tax advice.  Please be advised to consult with your investment advisor, attorney or tax professional before making any investment decisions.

Find more ways Fidelis is investing in the community:

What Would You Do With An Extra $14.93 of Income Per Day?

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Created by: Fidelis Wealth Advisors

Everyone loves to talk about passive income. As a wealth advisor company, most of our daily conversations revolve around money, investing, and income. The ‘passive income’ conversation is at the top of the list of most-often talked about topics with existing and prospective clients. Everyone wants it and everyone wants to know how to get it.

Let’s start with the basics. What is passive income? Passive income refers to money earned with minimal effort or active involvement in a regular job. It’s usually generated from investments or business activities that require little day-to-day effort or work from an individual. My personal favorite jargon term for passive income is “mailbox money”. Examples of common passive income investments include: real estate, bonds, dividend stocks, royalties, or a minority investment in an operating business for which you don’t have any day-to-day involvement. The goal of most people is to create a large enough asset base, to generate sufficient passive income, to support their lifestyle until they die, which in turn, gives them access to one of the scarcest commodity in the world – time!

If you’ve always wanted passive income, where should you start?

Let’s start with the most basic of basic investments – a U.S. Government Treasury Bill. Bloomberg.com reports that a 12 month Treasury Bill is yielding 5.45% (8/28/2023). That means, if you have $100,000 burning a hole in your pocket, then you could earn passive income of $5,450 of interest over the next 12 months. That’s $14.93 per day. Probably not enough to retire on, but might be enough to pay for that annual vacation. Some of you reading this might have $500k or $1.0mm right now that isn’t being optimized as a passive income strategy. You can see how all of the sudden a 5.45% interest rate on $1,000,000 could be meaningful to you.

You need to start somewhere. Perhaps you only have $100,000 you can devote to a passive income strategy right now, but you’re not sure if ~$5,000 per year in passive income is even worth it. Everyone has different goals, but start early and create a passive income bucket. Add to it every year. If you don’t need the income, re-invest it, but if you stay disciplined, your passive income bucket can become real and meaningful to your family.

Those of the younger generation might be looking for growth investments and don’t want income; however, there are many searching for passive income opportunities. Here we highlighted just one opportunity – Treasury Bills, but there are many different asset classes that provide different types of income and growth opportunities that may fit your needs.

If passive income is something you’ve always wanted, but never knew how to achieve it, schedule a meeting with us today!

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This blog is general communication being provided for informational purposes only.  This information is in no way a solicitation or offer to sell securities or investment advisory services.  It is educational in nature and not to be taken as advice or a recommendation for any specific investment product or investment strategy.  This does not contain sufficient information to support an investment decision.  Any investment or investment strategy mentioned may not be suitable for all investors or in their best interest.   Statistical information, quotes, charts, references to articles or any other quoted statement or statements regarding market or other financial information is obtained from sources which we believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. All rights are reserved.  No part of this blog including text, graphics, et al, may be reproduced or copied in any format, electronic, print, et al, without written consent from Fidelis Wealth Advisors, LLC. Fidelis Wealth Advisors does not provide legal or tax advice.  Please be advised to consult with your investment advisor, attorney or tax professional before making any investment decisions.

Brandon Waite

PROFESSIONAL

Brandon is new to the wealth management business, however, he brings many skills useful to the profession because of his prior experience. Brandon has worked in the accounting world auditing hedge funds, venture capital firms, and low-income housing organizations. Assessing business risk and financial GAAP accounting has been his primary focus. He is passionate about the world of finance and helping individuals accomplish their financial dreams.

Brandon graduated from Brigham Young University- Idaho with a bachelor’s degree in accounting. Additionally, he holds two professional designations, Certified Public Accountant (CPA) and Certified Fraud Examiner (CFE).

 

PERSONAL

He lives in Castle Rock with his wife Emily, and their three daughters. Most of his free time consists of taking his daughters to the park, enjoying all types of sports, and watching movies.

Jessica Knox

PROFESSIONAL

Jessica joins Fidelis Wealth Advisors as a Leeds School of Business ’24 MBA Candidate focusing on Marketing. Previously, Jessica worked for the St. Louis Blues as the Youth Hockey Coordinator growing the game through various programs in the greater St. Louis area. Jessica also worked at the Indianapolis Motor Speedway organizing ticket distribution for events such as the Indianapolis 500. After graduating from Ball State University with an honors degree in Journalism, Jessica opted to work for a local youth hockey organization in the Indianapolis area. Jessica enjoys providing others with “Aha” moments and empowering them to achieve more than they ever thought possible.

 

PERSONAL

Jessica grew up in Muncie, Indiana and slowly moved west because of her professional career. When not pursuing academic endeavors or working, Jessica is exploring new adventures through a variety of activities ranging from her daily walks as an active dog sitter to discovering and writing stories of all sorts.

Karley Winder

PROFESSIONAL
Karley Winder started at Fidelis Wealth Advisors in 2022. Currently, she is pursuing her bachelor’s degree in financial management at the University of Colorado Denver business school. At Fidelis, she specializes in working with clients on their 401k plans and is dedicated to providing a valuable and quality experience for them. Karley also has several years of entrepreneurial experience from starting her own local businesses in the past. She has sincere interest in finance and is eager to continue gaining experience in the field alongside her education.

PERSONAL

Karley is a Colorado native and has lived in Castle Rock since she was a young girl. She enjoys horseback riding, Pilates, and mountain biking in her free time.

Rilee Erickson

PROFESSIONAL

Rilee began working in the financial services industry in 2017 as an associate specializing in property and casualty insurance, as well as life insurance.  Since joining Fidelis Wealth Advisors she has taken on a paraplanner roll, providing life insurance support, as well as client and operations support. She also hopes to obtain her own Certified Financial Planner® designation in the years to come. Rilee’s passion in the industry is helping people protect their family and their future.

 

PERSONAL

Rilee graduated from the University of Wyoming with a Bachelor of Science in Agribusiness and Horticulture Science. She is a Wyoming native, growing up on the family cattle ranch in Lander, Wyoming, and now resides in Green River, Wyoming with her husband and two boys. Rilee enjoys spending a lot of time outdoors and exploring the beautiful and rugged Wind River Range.

Skye Fineran

PROFESSIONAL
Skye comes to Fidelis Wealth Advisors as an Administrative Assistant in 2021 and is a recent graduate from West Texas A&M University. There she earned a Bachelor of Business Administration in Management. Skye also completed Amarillo College’s paralegal certification program. Skye enjoys the rewarding feeling of helping clients to achieve their financial goals and looks forward to making a difference at Fidelis Wealth Advisors.

 

PERSONAL
Skye grew up in Tecumseh, Michigan and currently resides in Castle Rock, Colorado with her family. Skye loves art history, playing golf, and spending time with her family and friends.

RIA Innovations

Fidelis Wealth Advisors has a strategic partnership with RIA Innovations, a Division of NWAM, LLC. RIA Innovations provides administrative support services for registered investment advisors nationwide. This service is under the direction of Nelly Mubashi, the Chief Operating Officer.

 

NWAM, LLC, dba Northwest Asset Management & RIA Innovations is an SEC registered investment adviser. NWAM, LLC dba Northwest Asset Management & RIA Innovations and Fidelis Wealth Advisors, LLC are not affiliated companies.

Gabriel Jones

PROFESSIONAL
Gabe started with Fidelis Wealth Advisors as an Investment Research Assistant in 2018, and has an intense passion for investment research.


PERSONAL
Gabe is currently in college to obtain his Bachelors in Finance, and enjoys spending time outside of work hiking and reading.

Dawn Folmer

PROFESSIONAL
Dawn Folmer comes to Fidelis Wealth Advisors with a background in the finance industry, having previous experience with a registered investment advisory firm in Denver. Dawn is a recent graduate of Colorado State University Global, earning a Bachelor of Science degree in Organizational Leadership. As a skilled financial planning assistant, she enjoys the rewarding feeling of helping people reach their financial dreams and retirement goals.

 

PERSONAL
Dawn is a Colorado native and resides in Castle Rock with her family, where they enjoy being adventurous and active in the outdoors. Additionally, she is passionate about travel, food, and playing golf.

Jeff Bullock

PROFESSIONAL
Jeff joined Fidelis Wealth Advisors after spending nearly 10 years working at J.P. Morgan Wealth Management in their Private Bank. As Chief Investment Officer, he is responsible for the overall investment strategy, portfolio construction, and market insights for clients.

 

Jeff held various roles during his decade at J.P. Morgan, including working as an investment specialist on their trading desk, where he was responsible for managing and trading investment portfolios for High Net-Worth families and non-profit foundations throughout the Rocky Mountain region. Jeff helped co-manage over $4.0 billion of investment assets and gained broad experience in portfolio construction and investment strategy, as well as in-depth knowledge in a variety of asset classes and markets. In recent years, Jeff was part of the leadership team that trained new advisors and established an expansion office in Utah.

 

Jeff loves helping people with their money-related questions and management. Very simply, his goal is to help others continuously improve their financial situation, regardless of the current condition. His framework centers around sound advice and proper decision-making by engaging in honest discussion and taking a long-term approach.

 

PERSONAL
Jeff holds a B.S. in Accounting from Brigham Young University. He is a native to Colorado and loves playing golf and being outdoors. He lives in Highlands Ranch with his wife Nicole, and their two children.

Lorie C. Jones, MBA, CFP®

PROFESSIONAL
Lorie began working in financial services in 2013 with a Registered Investment Advisory firm in South Denver. She started as a paraplanner and provided technology and operations support before transitioning to a Client Services Manager role with Empower Retirement. There she managed a book of 300+ Core Market plans before joining Fidelis Wealth Advisors.

 

Lorie enjoys the challenges presented by financial planning and is rewarded by helping clients thoroughly understand the complexities of finance so they can be better informed and in control of their planning.

 

In addition to securities licenses, she holds health, life, accident, property, and casualty insurance licenses in the state of Colorado and completed her CERTIFIED FINANCIAL PLANNER™ designation from the CFP® Board of Standards. She is also a member of the Financial Planning Association (FPA).

 

Lorie recently launched the “Fearless Females” podcast, providing a unique space for empowering discussions that inspire women in the financial services industry and beyond. Through insightful interviews and stories, she fosters a community where challenges are met with resilience, amplifying female voices and demonstrating her dedication to fostering inclusivity and fearlessness in finance.

 

PERSONAL
Lorie graduated from Colorado State University with an MBA. She enjoys running and has participated in several marathons and half-marathons around the country. She also enjoys hiking with her family, traveling with her husband David and their five children, and working with the cub scout and boy scout programs, including volunteering with the district.