Tag Archives: Vaughan Scott

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Money Matters | Episode 5: College Prep 101

Are your (parents) prepared to send your child away to college?  Not so much mentally, but are you fully prepared legally and have you prepared your child financially?
Money Matters: The Podcast is sponsored by Axiom Financial Strategies Group of Wells Fargo Advisors.  This monthly podcast is in addition to a monthly article titled, “Money Matters,” that is posted online at www.ExtolMag.com and www.axiomfsg.com.
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At Axiom Financial Strategies Group of Wells Fargo Advisors we sincerely appreciate our clients making opportunities like this possible. Without their support of our business, we would not be able to support programs like this.
Axiom Financial Strategies Group
of Wells Fargo Advisors
101 W Spring Street, Fifth Floor
New Albany, IN  47150
P 812.542.6475 | F 812.948.8732 | www.axiomfsg.com
At Axiom Financial Strategies Group of Wells Fargo Advisors, our team caters to a select group of family-owned businesses, entrepreneurs, individuals, institutions, and foundations, helping them build, manage, preserve, and transition wealth. We accomplish this while providing top-notch service through a team approach that puts our clients’ needs, goals, and interests first. To learn more visit our website at www.axiomfsg.com. Wells Fargo Advisors. Member SIPC.
The information provided is general in nature and may not apply to your personal investment situation. Individuals should consult with their chosen financial professional before making any decisions.
Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, Member SIPC, a registered broker-dealer and non-bank affiliate of Wells Fargo & Company.
CAR # for the podcast is 0417-02947
CAR # for the video is 0617-03279
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Money Matters | Episode 4: My First Real Job and What to do with the Money

I have my first real job and my first real paycheck; What to do?  The answer may actually be your first real job.  The gents from Axiom Financial Strategies Group of Wells Fargo Advisors give us the inside track.
Money Matters: The Podcast is sponsored by Axiom Financial Strategies Group of Wells Fargo Advisors.  This monthly podcast is in addition to a monthly article titled, “Money Matters,” that is posted online at www.ExtolMag.com and www.axiomfsg.com.
**************************************************************************************************************************
At Axiom Financial Strategies Group of Wells Fargo Advisors we sincerely appreciate our clients making opportunities like this possible. Without their support of our business, we would not be able to support programs like this.
Axiom Financial Strategies Group
of Wells Fargo Advisors
101 W Spring Street, Fifth Floor
New Albany, IN  47150
P 812.542.6475 | F 812.948.8732 | www.axiomfsg.com
At Axiom Financial Strategies Group of Wells Fargo Advisors, our team caters to a select group of family-owned businesses, entrepreneurs, individuals, institutions, and foundations, helping them build, manage, preserve, and transition wealth. We accomplish this while providing top-notch service through a team approach that puts our clients’ needs, goals, and interests first. To learn more visit our website at www.axiomfsg.com. Wells Fargo Advisors. Member SIPC.
The information provided is general in nature and may not apply to your personal investment situation. Individuals should consult with their chosen financial professional before making any decisions.
Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, Member SIPC, a registered broker-dealer and non-bank affiliate of Wells Fargo & Company.
CAR # for the podcast is 0417-02947
CAR # for the video is 0417-02942
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Money Matters: The Podcast | Episode 3: Invest Early and Compounding

A Money Matter’s duo,  Eric Ballenger, Senior Vice President – Investments and Michael Grau, CFP®, RICP®, Vice President – Investment, start with the basics, Investing 101.  Its the moment when you realize that you must invest early, but why?  They explain how compounding works and how easy it is to set it and forget it.

Invest in Your Future Today Brochure
Money Matters: The Podcast is sponsored by Axiom Financial Strategies Group of Wells Fargo Advisors.  This monthly podcast is in addition to a monthly article titled, “Money Matters,” that is posted online at www.ExtolMag.com and www.axiomfsg.com.

**************************************************************************************************************************

At Axiom Financial Strategies Group of Wells Fargo Advisors we sincerely appreciate our clients making opportunities like this possible. Without their support of our business, we would not be able to support programs like this.

Axiom Financial Strategies Group
of Wells Fargo Advisors
101 W Spring Street, Fifth Floor
New Albany, IN  47150

P 812.542.6475 | F 812.948.8732 | www.axiomfsg.com

At Axiom Financial Strategies Group of Wells Fargo Advisors, our team caters to a select group of family-owned businesses, entrepreneurs, individuals, institutions, and foundations, helping them build, manage, preserve, and transition wealth. We accomplish this while providing top-notch service through a team approach that puts our clients’ needs, goals, and interests first. To learn more visit our website at www.axiomfsg.com. Wells Fargo Advisors. Member SIPC.

The information provided is general in nature and may not apply to your personal investment situation. Individuals should consult with their chosen financial professional before making any decisions.

Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, Member SIPC, a registered broker-dealer and non-bank affiliate of Wells Fargo & Company. CAR 1216-02739

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Money Matters with Vaughan Scott | Social Responsibility Can Pay Dividends in Many Ways

By Vaughan Scott

Typically when we consider “Money Matters” we think about saving for retirement, saving for college, or other goals that we have set for ourselves or for our families.  However, more and more, we are having conversations with clients about how and what they want to do to “give back”.  And, we are building more philanthropic goals (big and small) into our clients documented plans for the future.

I don’t know about you, but when I hear the word “philanthropic”, I think about families like the Carnegie’s and the Rockefellers, but in reality, most of us are philanthropic in many ways and we don’t even realize it.  Today we tend to think more in terms of our “Social Responsibilities”.  Yes, charitable giving in any form is yet another way to be socially responsible.  Our clients often talk about the charitable giving and the service work that they do as being something they feel “an obligation” to do, “a duty” or “a responsibility” of theirs, but always with very positive, inspirational tone.  These feelings usually are born out of gratefulness for having been given great opportunities in their lives and this typically results in people giving of their time, talents and treasure (money) in traditional ways.

For example, people are often incredibly generous in the ways they give to their church, write checks to organizations that they want to support, work in soup kitchens, help build houses, help build churches, and/or donate gently used goods to Goodwill and other organizations that are funded through the sale of donated goods.  These are all typically very noble and worthy causes.  And, while the economic benefits that one might receive are not typically what motivates people to give, certainly anyone engaging in these types of activities should consult with their tax advisors about the deductibility of both cash and “in kind” gifts to charities.

At the same time, I also encourage individuals and families to expand their thinking about what they can do together to make a difference.  For example, a few years ago, during a particularly cold, harsh, winter, my mother came up with a great idea to buy sleeping bags, pairs of gloves, warm socks, and hats for the homeless in the region for Christmas. My brother and I bought a dozen or so of each and our mother and our children handed them out to homeless people in our region.   This experience was rather rewarding for all of us because, while we had done “Secret Santa” shopping in the past, we typically had fairly clear instructions on what to buy.

In this situation, we had the opportunity to think through the whole process with our children – a great learning experience for them and for us:  What types of sleeping bags did we need to buy that were rated for the temperatures that we were dipping into in the middle of the night?  How can we get enough of them since stores didn’t typically carry more than 3-4 of the kind we needed?

The conversations that we had together as we worked through the whole process were incredibly valuable, but the conversation our children had with the homeless people they met were even more valuable.  Many volunteered their stories about how they had fallen on hard times and everyone expressed their sincere appreciation for the thoughtfulness of the gesture.  Needless to say the goodwill and good feelings that our whole family was able to gain from the experience paid us dividends that had far greater value than any economic benefit that we might have gained from donating indirectly through a charity that served the homeless.   And, the whole process gave us a great opportunity to teach our children about the importance of “Social Responsibility” beyond protecting the climate, recycling, etc.  It also gave us a good reminder that we need to continue coming up with new and unique ways to help others.

In the interest of also trying to spark some interesting conversations around your dinner table, let me leave you with a few questions:

  1. What are the ways that you and your family are socially responsible?
  2. What are the new and unique ways that you and your family could give back or otherwise serve others?

This article was written by and provided courtesy of Vaughan Scott, MBA, CPWA®, Managing Director – Investment Officer with Axiom Financial Strategies Group of Wells Fargo Advisors in New Albany, IN.  He can be reached via email at vaughan.scott@wfadvisors or phone at (812) 948-8475.  Visit our website at www.AxiomFSG.com.

Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC. Member SIPC.’  Wells Fargo Advisors is a registered broker-dealer and a separate non-bank affiliate of Wells Fargo & Company.  CAR 0317-03813.

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Our Advertising Partners in the News

German American Bank Announces $20,000 Gift to Community Montessori

German American Bank has given a donation of $20,000 to support Community Montessori Public Charter’s expansion project, “Casa dei Curiosity,” to construct a building addition. The building will allow the school to host large group presentations in a facility designed for this purpose, including theater productions, parent and community education events and other large group gatherings for the school.

Community members interested in the project can visit www.shiningminds.com/donate to view a short video about the project or to give a financial contribution to support this innovative addition. Interested individuals or organizations can also contact Melissa Weissinger, expansion development coordinator, at mweissinger@shiningminds.com or 812.948.1000 ext. 1230.

Axiom’s Vaughan Scott Recognized for Outstanding Achievement

Vaughan Scott of Axiom Financial Strategies Group of Wells Fargo Advisors in New Albany has been awarded the FFI GEN (Global Educational Network) Advanced Certificate in Family Business Advising (ACFBA) by the Family Firm Institute. The certificate is presented to individuals who have achieved comprehensive professional knowledge and gained significant expertise that can be used as value to family business owners and family wealth clients.

“Through completion of the certificate program, Vaughan has gained a deeper understanding of the needs of family-owned enterprises and the many roles family business and non-family members play, “ said Judy Green, president of the Family Firm Institute. Participants have access to cutting edge information and resources for exploring the core disciplines — behavioral science, finance, law and management science — and steps for forming collaborative teams. FFI provides multidisciplinary educational programs to advance family enterprises worldwide by enabling collaboration between family enterprise practitioners and academics, creating a global network of professionals.

Lisa Newbanks of  Rodefer Moss Promotednewbanks

Rodefer Moss & Co, PLLC promoted Lisa Newbanks to principal on Jan. 1. Lisa works in the firm’s New Albany and Louisville offices, and was previously a senior manager in the firm’s audit practice.

“What clients experience when they work with Lisa is a personification of Rodefer Moss’ service philosophy of listening better, trying harder, and caring more,” said Doug York, Rodefer Moss president. “Lisa’s promotion to principal is well-earned, and we congratulate her on what she has accomplished.”

Newbanks earned her Bachelor of Science degree in accounting from Indiana University Southeast. A professional accountant for 17 years, she specializes in audits of not-for-profit organizations, employee benefit plans, Housing and Urban Development (HUD) projects, governmental entities, and small businesses.

Licensed to practice as a CPA in Kentucky and Indiana, Newbanks is a member of the Indiana CPA Society; the Kentucky Society of the Certified Public Accountants, the AICPA, and currently serves as a committee member of the INCPAS Peer Review Program. She is also active with Junior Achievement.

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PRESS RELEASE FFI Gen Faculty

Date: February 6, 2017

Contact: Vaughan Scott

812-948-8475

Vaughan.scott@wfadvisors.com

Vaughan Scott Appointed Faculty Member in the Family Firm Institute (FFI) Global Education Network (GEN) Certificate Program

 Vaughan Scott, MBA, CPWA® has been appointed as a new faculty member in the FFI GEN Certificate Program.  Faculty are selected for their level of professional and academic expertise, knowledge of the unique needs of family owned enterprise, and their global perspectives on the field.

Vaughan Scott holds an MBA in Global Management from the Thunderbird School of Global Management, he is a Certified Private Wealth Advisor®, is a Fellow of the Family Firm Institute (FFI) and a Faculty Member for the FFI’S Global Education Network (FFI-GEN).  Vaughan specializes in strategic, transition, and succession planning for small and medium enterprises (SMEs) and in helping families and enterprises to pass their values and their wealth on to future generations.  In addition to advising entrepreneurs and family businesses, he has owned and overseen businesses in the software, fitness, rehabilitation and restaurant industries. This affords him a clear understanding of the complexities facing businesses and the families that own them.

About the FFI GEN program:

The Family Firm Institute Global Education Network (FFI GEN) provides online education and professional designation in family business and family wealth advising for consultants, advisors and family enterprise members around the world. Built for busy professionals, FFI GEN delivers world-class curriculum, unparalleled access to prestigious faculty and thought leaders, and connections to a global network of specialists in the field. To learn more about the FFI GEN Certificate Program please visit www.ffigen.org or call 617-482-3045 or email rachel@ffi.org.

About FFI:

The Family Firm Institute (www.ffi.org), an international professional membership organization of more than 1800 individuals and organizations across 88 countries. Its mission is to be the most influential global network of thought-leaders in the field of family enterprise. We provide research-based learning and relevant tools for advisors and consultants, academics and family enterprise members to drive success. For further information call 617-482-3045 or email dan@ffi.org

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Money Matters: the Podcast | Episode 2: The Year End

A Money Matter’s Trio, Vaughan Scott, MBA, CPWA® Managing Director, Eric Ballenger, Senior Vice President – Investments and Michael Grau, CFP®, RICP®, Vice President – Investment, comes to the table and discusses the end of 2016, what the new President may or may not cause, along with a local look-in.
Money Matters: The Podcast is sponsored by Axiom Financial Strategies Group of Wells Fargo Advisors.  This quarterly podcast is in addition to a monthly article titled, “Money Matters,” that is posted online at www.ExtolMag.com and www.axiomfsg.com.

**************************************************************************************************************************

At Axiom Financial Strategies Group of Wells Fargo Advisors we sincerely appreciate our clients making opportunities like this possible. Without their support of our business, we would not be able to support programs like this.

Michelle Floyd, CFP®  | Financial Consultant

Axiom Financial Strategies Group
of Wells Fargo Advisors
101 W Spring Street, Fifth Floor
New Albany, IN  47150

P 812.542.6475 | F 812.948.8732 | Michelle.Floyd@wellsfargoadvisors.comwww.axiomfsg.com

At Axiom Financial Strategies Group of Wells Fargo Advisors, our team caters to a select group of family-owned businesses, entrepreneurs, individuals, institutions, and foundations, helping them build, manage, preserve, and transition wealth. We accomplish this while providing top-notch service through a team approach that puts our clients’ needs, goals, and interests first. To learn more visit our website at www.axiomfsg.com. Wells Fargo Advisors. Member SIPC.

The information provided is general in nature and may not apply to your personal investment situation. Individuals should consult with their chosen financial professional before making any decisions.

Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, Member SIPC, a registered broker-dealer and non-bank affiliate of Wells Fargo & Company. CAR 1216-02739

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Money Matters by Vaughan Scott | Patents and Trademarks and Secrets, Oh My!

Intellectual capital is one form of capital that must be evaluated, developed, and protected by businesses.

As advisors to entrepreneurs and family businesses, my team and I include intellectual capital in our “next chapter planning.”  Intellectual capital is property that results from original creative thought, such as patents, copyright material and trademarks. But this type of capital may also include a company’s values, mission statement and history.

While many businesses develop intellectual property, not all create a plan to protect it.  My team and I work to raise awareness of protecting intellectual capital, and collaborate with intellectual property attorneys to protect our clients.  One of those is Robert H. Eichenberger, chairman of the Intellectual Property Group and a registered patent attorney for Middleton Reutlinger.

“Intellectual property,” Eichenberger said, “is the body of law dealing with the government’s granting to a person the ability to exclude others from doing certain things based on that person’s creativity. Intellectual property includes copyright, patent, trademark, and trade secrets.”

Copyright

When a person’s creativity results in authorship, books, music, or sculpture, that’s copyrighted material, and the U.S. government grants certain privileges for a period of time. Copyrights don’t require registration, as patents do.

Copyright is established the moment that the creator’s work is fixed in a tangible medium of expression.

This is an area where we encourage family business leaders to make sure they have recorded family memoirs, stories passed down from generation to generation, and maintain them in an organized and useful way.

In terms of practical applications for businesses, anytime a business creates unique content in writing, audio, or video, it’s a good practice to seek copyrights.  This is often one of the least expensive forms of intellectual property to protect.  In addition, whether it’s in a book or on video, capture those stories and values too.  Memories fade, stories change, so record that history.

Patents

Patents issued by the U.S. Patent and Trademark Office allow the patent holder to exclude others from making, using or selling the invention throughout the United States, as well as the right to prevent others from importing the invention into the U.S., until 20 years from the filing date.

In America, inventors get a one-year grace period to register a patent after they make a public disclosure.

International patents are a different matter: The majority of the world adheres to an “absolute novelty” standard, meaning there’s no grace period: If you’ve made your invention public before registering in much of the world, you’re not eligible to hold that patent. International entrepreneurs should have an internal system in place to avoid making a public disclosure before filing a patent application.

Part of the challenge is deciding if patenting is worth the cost.  It’s a delicate balance, often times businesses patent products that they know a market exists for or they design something at a customer’s request that they know other customers will also want.  Depending on the size of the opportunities, a patent may or may not make sense.  But, if you look at it as an investment and calculate your potential return on it, it will help in the decision making process.  Where I see some businesses make a mistake is that they have a unique product or design, but the market opportunity or the cost of bringing the product to market may be prohibitive.

There is no question there are huge opportunities in leveraging intellectual property.  At the end of the day unless the market opportunity is certain, patents can be a very expensive lottery ticket.

“Some ballpark numbers on a single U.S. patent of medium complexity include the process taking about three years, and about $15,000 to $20,000,” Eichenberger said. “Worldwide patents can easily approach six figures, so you definitely want to weigh how it fits into your business plan.”

Trademarks

A trademark is basic identification of a good or a service with the source of that good or service. Consumers will be able to readily identify that trademark, and have an understanding of a certain quality of those goods.

Unlike patents, trademark begins the day you use that mark in commerce. Owners may file a trademark application on something the company has been using for years.

But be vigilant, businesses should be certain to trademark their names, if possible, and may trademark logos, product names, even a custom font, meaning not just the words, but the actual design. If these are updated, a company needs to refile for the trademark registration.

Unfortunately, I have seen situations where a company’s name was supposedly trademarked decades ago, only to learn that the process was not followed through to completion and it became a difficult, if not impossible task, to get the rights that were thought to have already been owned.

Trade secrets

The fourth type of intellectual property is trade secrets: Any information that derives its value from the mere fact of it being kept a secret. As with the colonel’s herbs and spices and Coca-Cola’s recipe, companies that can keep that information secret derive that benefit. There’s no filing, but often incredibly heightened security procedures and access restrictions need to be in place.

One type of trade secret that’s overlooked often is the processes and procedures within an organization. Many times, those are in the memory banks of employees, and no one has taken the time to specifically document what they are and how they’re completed.  For companies that are large enough to have human resources professionals on staff, this is something that can be easily remedied.

For smaller businesses, human resources outsourcing firms like Integrity HR can be great resources and often will do work on a project basis.  And, for those businesses with no budget whatsoever, thanks to the age of the Smart Phone, businesses can capture their most talented team members performing key procedures properly with their phones and/or tablet devices.

 

Intellectual capital from a macro perspective

If we take it from a view of 30,000 feet, one of the issues people fail to address with intellectual property is planning and follow through once intellectual property rights are secured. Make sure someone in the organization understands, and keeps deadlines from falling through the cracks.  There is much to follow through on and usually the law firms are usually very good about keeping up on things, but like any other critical procedure, better to trust AND verify.

Obviously, businesses need to back up files and software on a redundant system, whether cloud-based or hardware, since intellectual property could be lost in a system failure. Backing up information is generally simple and inexpensive but is sometimes overlooked.

Another crucial detail: A company’s domain name.

Companies should ensure domain fees are paid even a decade in advance, especially when your email runs through it. If you lose your domain name, you lose your website, your email and possibly company history.

Is your company properly documenting and protecting intellectual capital?

This article was written and provided by Vaughan Scott, MBA, CPWA®, Managing Director – Investment Officer with Axiom Financial Strategies Group of Wells Fargo Advisors in New Albany, IN.  He can be reached via email at vaughan.scott@wfadvisors.com or phone at (812) 948-8475.  Visit our website www.AxiomFSG.com.

Wells Fargo Advisors, Member SIPC, is a registered broker-dealer and a separate non-bank affiliate of Wells Fargo & Company.  CAR 0816-02858.

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Money Matters by Eric Ballenger | Considering Alternative Investments

 

It’s no secret that the events and market volatility of the past few years continue to leave many individuals concerned about their investment portfolios. Despite what has proven to be a substantial market recovery, memories of the 2008-2009 market crisis and a number of ongoing global economic issues have prompted investors to seek investment solutions that can offer enhanced diversification, reduced volatility, and improved capital preservation.

Historically, investors have turned to fixed-income investments as a solution, and this time has proven to be no different. But the substantial flows into fixed-income assets in recent years – combined with the prospects for future interest-rate increases – have heightened concerns over diminished opportunities or potential “bubbles” within segments of the fixed-income market.

While the flight to quality and risk aversion in late 2008 and early 2009 was pervasive, many investors have continued to hold a conservative position throughout what has been a significant price recovery in both broad equity and credit markets. This strong asset price appreciation and unprecedented volatility have created a conundrum for investors who want to participate in equity and fixed income markets while limiting portfolio risk.

They find themselves asking, “Should I maintain a risk-off posture and merely accept the generally paltry returns offered by lower risk assets?” vs. “Do I chase returns through riskier investments despite the challenges still existing within the current overall environment?” This perceived all-or-nothing dilemma tends to leave many investors paralyzed.

While there are no simple answers to these questions, there are alternative solutions available to help investors diversify their portfolios beyond traditional stocks and bonds and complement their current asset allocation mix. Alternative investments – including hedge funds, managed futures, private equity, real estate, and commodities – offer investment solutions that best suit investors’ needs, objectives, and preferences.

Alternative investment strategies may deliver significant benefits to an overall investment portfolio, such as:

  • Greater potential for diversification
  • Historically low or non-correlation to traditional investments
  • Seek to minimize market cycle peaks and troughs
  • Exposure to a broader range of investment opportunities
  • Greater potential for improved risk-adjusted returns

While investors may benefit from the ability of alternative investments to potentially improve the risk-reward profiles in their portfolios, it’s important to remember the investments themselves can carry significant risks. Government regulation and monitoring of these types of investments may be minimal or nonexistent; returns may be volatile and present an increased risk of investment loss.

Here are some important considerations to keep in mind if you’re interested in pursuing opportunities in alternative investments for your portfolio with your Financial Advisor:

Complexity: Alternative investment strategies may span multiple markets, securities and risk factors. Because of the complex nature of these investment opportunities, an investor must rely on the experience, representations and credentials of advisors, fund managers and distribution agents. 

Fees and expenses: In most alternative investment strategies, managers are paid in two ways: They typically receive a fee calculated as a percentage of assets under management. They also typically receive a share of the strategy’s gains – a practice designed to reward the manager for positive returns. Trading fees and expenses may be significant with the potential to deplete trading profits. Funds of funds are subject to multiple layers of such fees. 

Holdings: Markets for a portfolio’s holdings may be relatively inactive and it is possible that trading in a specific portfolio holding could cease altogether. As a result, market valuations of specific portfolio holdings may not always be possible, causing accurate valuation of a portfolio to be difficult at times. 

Leverage: Because many alternative investment strategies seek to amplify mispricings that are relatively small, borrowing is often critical to delivering significant returns to investors. This use of leverage tends to amplify both gains and losses. 

Limited liquidity: A fund may not have a secondary market for its interests and none may be expected to develop, and there are restrictions on transferring interests of the fund. Performance figures may be based on valuations of illiquid investments that are difficult to value, and certain managers may carry such assets at cost until a realization event. 

Liquidity and redemptions: An investor’s ability to withdraw capital from funds or partnerships may be subject to specific limitations, including initial “lock-up” periods, advance notification requirements and predetermined “windows” for redemptions. 

Potential loss of investment: Speculative investments and are not suitable for all investors, nor do they represent a complete investment program. 

Tax risks: Investing in certain alternative investment funds may involve significant tax consequences. Investors should understand that they will likely be required to obtain extensions of the filing date for their income tax returns due to possible delays in the delivery of Schedule K-1. Nothing contained herein constitutes investment, legal, tax or other advice nor is it to be relied upon in making an investment or other decision.

Transparency: In order to preserve strategic advantage and the ability to transact nimbly, fund managers often significantly limit the ability for investors to review portfolio holdings. This practice – known as opacity or lack of transparency – can limit investors’ and advisors’ abilities to monitor managers and evaluate risks. 

Valuation variations: Investors should recognize that certain alternative investment funds are not required to provide periodic pricing or valuation information or information about their underlying investments to investors. 

Alternative investments and alternative strategies are not suitable for all investors.  Any offer to purchase or sell a specific Alternative Investment product will be made by the product’s official offering documents. Investors could lose all or a substantial amount of their investments in these products.   These investments carry specific investor qualifications which can include high income and net-worth requirements as well as relatively high investment minimums. They are complex investment vehicles which generally have high costs and substantial risks. The high expenses often associated with these investments must be offset by trading profits and other income. They tend to be more volatile than other types of investments and present an increased risk of investment loss. There may also be a lack of transparency as to the underlying assets. Other risks may apply as well, depending on the specific investment product. 

This information is for educational purposes only and should not be used or construed as financial advice, an offer to sell, a solicitation of an offer to buy, or a recommendation for any security. Global Alternative Investments and/or Wells Fargo do not guarantee that the information supplied is complete, undertake to advise you of any change of opinion, or make any guarantees of future results obtained from its use. Wells Fargo & Company affiliates may issue reports or have opinions that are inconsistent with, and reach conclusions from, this information. 

This article was written by/for Wells Fargo Advisors and provided courtesy of Eric Ballenger, Senior Vice President – Investment Officer with Axiom Financial Strategies Group of Wells Fargo Advisors in New Albany, IN.  Eric can be reached via email at eric.ballenger@wfadvisors.com or phone at (812) 948-8475.  Visit our website at www.AxiomFSG.com.

Investments in securities and insurance products are: NOT FDIC-INSURED/NOT BANK-GUARANTEED/MAY LOSE VALUE

Wells Fargo Advisors, Member SIPC, is a registered broker-dealer and a separate non-bank affiliate of Wells Fargo & Company.  ©2015 Wells Fargo Advisors.  All rights reserved.                 0315-04805 [93576-v1]

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Money Matters: The Podcast | Episode 1: Eyes on the Horizon

In this inaugural episode of Money Matters: The Podcast, Vaughan Scott, MBA, CPWA® Managing Director – Investment Officer Axiom Financial Strategies Group of Wells Fargo Advisors, discusses Wells Fargo’s 2016 midyear outlook report “Eyes on the Horizon” with Extol’s Jason Applegate. Additionally, Vaughan also shares insight into Brexit and whether or not the next president of the United States will affect the economy.

Money Matters: The Podcast is sponsored by Axiom Financial Strategies Group of Wells Fargo Advisors.  This quarterly podcast is in addition to a monthly article titled, “Money Matters,” that is posted online at www.ExtolMag.com and www.axiomfsg.com.

**************************************************************************************************************************

At Axiom Financial Strategies Group of Wells Fargo Advisors we sincerely appreciate our clients making opportunities like this possible. Without their support of our business, we would not be able to support programs like this.

Michelle Floyd, CFP®  | Financial Consultant

Axiom Financial Strategies Group
of Wells Fargo Advisors
101 W Spring Street, Fifth Floor
New Albany, IN  47150

P 812.542.6475 | F 812.948.8732 | Michelle.Floyd@wellsfargoadvisors.comwww.axiomfsg.com

At Axiom Financial Strategies Group of Wells Fargo Advisors, our team caters to a select group of family-owned businesses, entrepreneurs, individuals, institutions, and foundations, helping them build, manage, preserve, and transition wealth. We accomplish this while providing top-notch service through a team approach that puts our clients’ needs, goals, and interests first. To learn more visit our website at www.axiomfsg.com. Wells Fargo Advisors. Member SIPC.

The information provided is general in nature and may not apply to your personal investment situation. Individuals should consult with their chosen financial professional before making any decisions.

Disclaimer