Using tools to achieve your goals.

password-loginAs we jump into 2018, there is no time better than the present to consider what financial resolutions you’d like to make in the new year. Many new year’s resolutions are set with the best intentions to stay on track. However, the perennial challenge is making resolutions stick. We certainly understand that financial resolutions are often hard to keep. Sometimes the key to success is having access to the right tools for the job and using them to reach achievable goals. Below we’ve shared some tips and tools that can be easily implemented and will help you stay connected to your Cabot team wherever you go.

Automate Distributions
Because the penalty for not taking Required Minimum Distributions is onerous–in addition to ordinary income taxes, you may face an IRS penalty tax of 50% of the amount not distributed–it’s worth taking a moment to consider putting your RMDs on autopilot. This way, you will definitely receive your distributions on schedule. It’s a great option for individuals who aren’t in the mood to manage a lot of details or for adult children who are helping elderly parents simplify their investment lives.

Moving Money
Schwab MoneyLink® Service allows for movement of funds between your Schwab account and an external account at   a bank or other financial institution using the Automated Clearing House (ACH) network. In a nutshell, it is a free, convenient way to move funds in and out of your account electronically, which is a lot faster and more secure than mailing a check.

Update Email AddressesWe don’t want you to miss out on alerts, news and events. Check in with your Client Services specialist if you (or your spouse) recently changed one or more of your email addresses or notice that you’re not receiving any email communications from Cabot.

Get Mobile
Get updates and manage money on the go. The Cabot Wealth mobile app keeps you updated and connected to your Schwab accounts wherever you are. Get news, view your holdings, or deposit checks by simply taking a picture with your mobile device. It’s convenient, fast and protected.

NEW! Online Client Portal
We are excited to introduce our new online portal, which will continue to enhance your client experience. Our web- based portal offers a high-tech solution for collaborating with our team, expanding communication and improving client service. The portal is perfect for clients on the go who need secure, 24/7 access anytime, anywhere. See Page 7 for more information.

Handing the responsibilities of day-to-day life can be a challenge for anyone. We are all being pulled in multiple directions at the same time, and the thought of dedicating any extra effort may seem overwhelming when the stresses of today take priority. Our goal is to work collaboratively as liaisons between you and your advisor, delivering the highest level of service, guidance and solutions that exceeds your expectations.

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