Hi there,

Summer is still going strong - let's continue to enjoy the warm weather while we still have it!   

Fraudsters often use social media and dating websites as platforms to initiate communication and establish trust with potential victims.  These scams are typically characterized by a desire for private communication, such as through email or phone, to strengthen the relationship and manipulate the victim into sending money or other aid forms.  The stories and narratives presented by the fraudster are designed to evoke emotional responses and make the victim more receptive to their requests.  Remain vigilant and cautious when communicating with individuals online, especially when they ask for personal information or financial assistance.  The Cyber Self-Defense: Protecting Yourself Online article found in the Advanced Planning Thought Leadership section below can help educate you on how to avoid falling victim to one of these scams.

Have some cash sitting on the sidelines?  Because of Baird's independence, we are able to offer enhanced safety (FDIC insured up to $1.25 million for most account types and $2.5 million for joint accounts with two or more owners) and highly competitive money market yields compared to what you might find at a typical commercial bank – all without sacrificing the simplicity you want in accessing your money.  Ask us about Baird's competitive rates!

I hope you have some exciting trips to beautiful places on the calendar for the coming months!

Warm Regards,

Paula

Team Paula’s successful wealth management practice assists Very High-Net-Worth Yacht Owners, Sucessful Business Owners, and Multi-Generational Families in navigating 5 key areas: 1) wealth preservation, 2) tax mitigation, 3) taking care of heirs, 4) protecting assets, and 5) analyzing charitable options.  Professional licenses include Series 7, 66 and life & long-term care insurance.