River Birch Wealth Management

Happy Happy Birthday to Robyn Walker! Robyn is a founding partner of River Birch and we can confidently say she’s one of the most dedicated advisors in the industry. When she’s not working hard at the office, she’s likely cultivating her beautiful Floyd home with her husband, or hosting her daughters and grandchildren for fun family time. Cheers to another year of happiness and success, Robyn!

So, The Fed cut rates – what does this actually mean for YOU? ·??????Lower borrowing costs: A rate cut typically reduces interest rates on loans like mortgages, car loans, and credit cards. This can make borrowing cheaper, encouraging people to buy homes, cars, and make larger purchases. It may also reduce monthly payments for those with variable-rate loans. ·??????Higher Spending and Economic Activity: Lower rates generally spur consumer spending, as people are more likely to borrow and spend when credit is cheaper. This can lead to economic growth, benefiting businesses and employment levels. ·??????Lower interest rates on Savings Accounts and CDs: Interest rates on savings accounts and Certificates of Deposit (CDs) will likely drop, which means people will earn less on the money they have in savings. This could motivate some savers to look for higher-yielding investments. What does this mean for the market? ·??????Stock Market Gains: A rate cut tends to boost the stock market. Lower rates make borrowing cheaper for companies, encouraging expansion and increasing profits. Investors often react positively, pushing stock prices higher. ·??????Bond Market Impact: When the Fed cuts rates, bond prices usually rise because existing bonds, which pay a higher interest rate, become more attractive relative to new ones issued at lower rates. However, yields on new bonds will decrease, which could reduce future income for bond investors.

Today, we wish Larry Woods a Happy Birthday! Larry has been a dedicated advisor to his clients at every moment throughout his 40-year career. He is also a faithful member of his family and the community, with a passion for serving with the Fellowship of Christian Athletes and other meaningful local organizations. We wish Larry another year of happiness and success!?

Happy Happy Birthday, John Register, CFP?! John is a founding partner of River Birch and we are so grateful for the leadership and dedication he shows to the office. We hope today brings him all that he holds dear, including quality time spent with family and in the beauty of SML. Cheers to another year of happiness and success, John!

Introducing Ashley Mills, ABFP? ? I’m thrilled to share that I’ve earned the Accredited Behavioral Finance Professional? designation! This program equips me with advanced insights into the psychological factors that influence financial decision-making. With this knowledge, I’m even better prepared to help clients navigate the complexities of investing and retirement planning by understanding the underlying behaviors that drive their decisions. I’m excited to apply these new skills to continue providing personalized, empathetic financial guidance tailored to your individual goals and needs!

Today’s LeadHERship luncheon featured dynamic mother-daughter duo Erin Mills, CRPC? and Ashley Mills. Erin and Ashley are both wealth managers and shared their combined knowledge about women, wealth, and wisdom. They gifted all of our attendees with a book on women and finance #SuperWomanWealth. Thank you Erin and Ashly! Thank you also to our title sponsor of LeadHERship Mersen. Tammy Swader is our guest speaker for our August LeadHERship. Learn about how networking can help you max out your goals Salem-Roanoke County Chamber of Commerce. #Women #Wealth #FinancialPlan #YouAreWorthIt #Mersen #SalemRoCoChamber

Today, we wish Sam Hodges, CRPC a Happy Birthday! Sam is our resident jokester and we're always grateful for the fun he brings to the office. When he's not working hard for his clients, he's probably spending time with his family or playing rounds on the golf course. Cheers to another year of happiness and success, Sam!

Join us for an enlightening learning luncheon as we delve into the intersection of women in the workforce and financial literacy. Our esteemed speakers, Erin and Ashley, bring a wealth of knowledge and experience in financial planning and wealth management. About Erin Mills, CRPC?: With over two decades of expertise as a Financial Advisor, Erin specializes in retirement planning, guiding individuals and families toward a confident transition into their golden years. Her approach is deeply rooted in building meaningful relationships with her clients, understanding their aspirations, and crafting tailored financial plans. Erin's credentials, including the Chartered Retirement Planning Counselor designation, underscore her commitment to excellence in her field. About Ashley Mills: Working alongside Erin since her graduation from James Madison University, Ashley has quickly become a trusted advisor in her own right. Her passion for financial education and actively managed portfolios shines through in her work with clients, empowering them to make informed decisions about their wealth journey. Currently pursuing a Master’s in Personal Financial Planning, Ashley's dedication to her craft is evident. Many thanks to our lunch sponsor Jimmy John's Salem!

Long-Term Care planning is crucial in the retirement planning process. Our River Birch advisors are passionate about educating our clients so they can make confident and informed decisions about LTC planning. We can utilize strategies to help pay for the kind of care you want - giving you the ability to CHOOSE. Reach out to your River Birch advisor, or comment below to receive an invitation to the next Educational Long-Term Care dinner.

Women, mark your calendars for this insightful event! One of my passions as a Wealth Advisor is to educate and empower others. I'm honored to be chosen to speak alongside my daughter/business partner Ashley Mills at this luncheon. The location will be the South County Library on Merriman Road. Register and find more information here: https://lnkd.in/euAPFpaW