Archive for Regency News

Found Money the Perfect Gift for This Holiday Season

Tuesday, November 24th, 2015

Ramsey, NJ – Looking for a few extra dollars this holiday season? Regency Wealth Management has an idea for an unusual place to look.

Every year the state of New Jersey holds a substantial amount of unclaimed property until the rightful owner steps forward to claim it. According to the state’s website, this unclaimed property may consist of both tangible and intangible assets and must be held for the owners in compliance with New Jersey’s Unclaimed Property Statutes. (more…)

Tim Parker was recently quoted in the Wall Street Journal

Friday, October 30th, 2015

Tim Parker was recently quoted in the Wall Street Journal. Mutual Funds Flail at Valuing Hot Startups Like Uber: Prices for hot private companies are hard to set and can vary widely; a 99% plunge at T. Rowe Price.  Read the article here.


Paper Bag Investment

Wednesday, September 30th, 2015

Ramsey, NJA couple who sought financial advice from Regency Wealth Management was shocked to learn that their paper sack full of documents included a $250,000 investment they had no idea they owned. “It was a really nice surprise for us and for them,” Mark Reitsma, Partner at Regency Wealth, said. (more…)

Financial advisor helps clients cut monthly mortgage payment by $750

Thursday, August 13th, 2015

Ramsey, NJ (Aug. 7, 2015) — A retired North Jersey couple will have an additional $9,000 this year, thanks to advice from Andy Aran and Tim Parker at Regency Wealth Management. Despite a sizeable retirement portfolio, the couple was turned down when they sought to refinance their mortgage.  Advice from Regency helped them to make good banking connections, describe their resources clearly, and save money.

Financial Advisor finds $15,000 error in customer tax return

Monday, July 20th, 2015

Double-counted income distribution raises red flags for well-informed advisor

RAMSEY, NJ (June 4, 2015) —  When a client recently expressed concern about an unexpectedly high tax bill,  Mark Reitsma CFP®, partner at Regency Wealth Management mentioned it to his colleague Timothy Parker CFA,  and they couldn’t think of how that happened given what they know of the client.  Mr. Parker, partner at Regency Wealth Management phoned the client to explore the situation and had her come in with her tax documents.  Reitsma and Parker immediately spotted an error in her professionally prepared tax return. Their intervention resulted in an amended return that will save the client between $10,000 and $15,000 this year. (more…)