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

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. Read the rest of this entry »

Second Quarter, 2015 Investment Review

July 15th, 2015


“…legacy planning is not about leaving a legacy, but about living our legacy.” – Dr. Richard Orlando, LEGACY

Negotiations between the leftist Greek government and European finance ministers broke down in late June prompting a missed payment to the IMF on June 30th. Elected on a platform to end austerity, the Greek administration is at obvious odds with creditors who require prudent fiscal plans. Read the rest of this entry »

Timothy Parker, CFA named among the top advisors in Bergen County for 2015 by 201 Magazine

May 14th, 2015

Timothy Parker, CFA was named among the top advisors in Bergen County for 2015 by 201 Magazine. See list here.

Certified Financial Planner!

May 12th, 2015

Regency Wealth Management is pleased to announce that Bryan D. Kabot has satisfied all of the requirements for the CFP® Board of Standards to be registered as a CERTIFIED FINANCIAL PLANNER ™ Professional.  Congratulations Bryan!

First Quarter, 2015 Investment Review

April 7th, 2015


“Success is finding satisfaction in giving a little more than you take”
– Christopher Reeve

Spring.  Finally!  Pansies, crocuses, daffodils, hyacinths, and tulips are blooming and workers are busy repairing this winter’s bumper crop of potholes in the Northeast-apologies to those clients who dwell in Southern climes.  Potholes are annoying and dangerous hazards.  Capital and investment markets have their own potholes; cracks, bumps, holes and craters that investors run into with little if any warning.  Read the rest of this entry »

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