RMR Wealth Builders, Inc.

October 15th marks the start of the Medicare Open Enrollment Period! During this time, evaluate your current Medicare plan to compare options and review features that may better fit your healthcare needs for the coming year. Don't let your friends or family miss this essential period. #MedicareOpenEnrollment #Medicare #HealthCare #FinancialEducation #RetirementPlanning #WealthBuilders #PersonalFinance #FinancialPlanning

October is National Financial Planning Month! Why Financial Planning Month is Important A. It Reminds Us to Invest in Ourselves - This month is a sign to take a minute from mindless spending and invest some time and money in our future. B. It Creates awareness about financial planning - Creating a financial plan is for anyone who wants to prepare for the future. Whether you're just starting out or nearing retirement, it is important to pursue your financial goals with confidence. A Financial Plan builds that confidence by helping you to understand the future impact of today's decisions. C. It highlights the value of responsibility - Whether or not people choose to participate, it is a reminder that our actions right now determine what our future will look like and creates a sense of responsibility. Organize, Educate, and Guide are the principles at the heart of RMR Wealth's Financial Planning process. This October, we are going to highlight the lessons behind each principle, helping you better understand the importance of a financial plan. #FinancialPlanningMonth #FinancialEducation #FinancialGoals #RetirementPlanning #WealthBuilders #FinancialIndependence #PersonalFinance #FinancialPlanning

We are pleased to announce RMR Wealth Builders, Inc. newest team member, Anthony Gallardo! Anthony joined our growing firm as of October 4th, 2024 and will be located in our Montclair, NJ headquarters. Anthony is joining as a Financial Advisor, continuing his 15+ year career in financial services. Anthony has spent his entire career in the wealth management industry and specializes in providing and implementing personalized financial plans developed to help get clients to and through retirement. Most recently, Anthony worked at Invesco in the role of Vice President, Market Consultant to Registered Investment Advisors (RIAs) in the Northeast. In this role he consulted hundreds of RIAs to understand their business and client needs. In recent years Anthony was approached by several RIAs to become part of their succession plans. “I was incredibly fortunate to be offered several opportunities to join RIAs that I covered over the last few years. I chose RMR because I was attracted to their culture, their people, their team mindset, and a comprehensive range of services,” said Anthony. Anthony was born and raised outside of Boston, Massachusetts and now lives in Randolph, NJ with his wife Allison, his 3 young boys Dominic, Mason and Maurice, and two dogs Russell and Oliver. He attended the University of Massachusetts Lowell where he graduated with a bachelor’s degree in business administration and a minor in finance. He was also the captain of the golf team for two seasons. He continues to be an avid golfer and plays competitively in amateur golf tournaments. RMR Wealth continues to build a team of specialists with deep industry knowledge, steadfast dedication, and a love for clients' financial well-being. Adding Anthony is another step forward for our organization and our mission to make a positive difference in the lives of our clients. “We are thrilled to welcome Anthony,” said Tyler F. Whitehouse, Managing Director of Personal Wealth. “Over the last year he has made significant contributions to RMR through introductions to advisors who have joined our group and his experience in financial markets and client relationship management is second to none. Anthony has an incredibly high ceiling as a trusted advisor and we look forward to seeing all he will accomplish,” he said. Please join us in extending a warm welcome to Anthony. We are excited about the opportunity to work with Anthony’s new relationships, and we expect him to be a considerable contributor to the growth of our organization now, and in the future. You can contact Anthony via email, [email protected], or phone, 201.836.2460 x 7151 To learn more about RMR Wealth, visit our website www.rmrwealth.com

RMR Wealth Builders, Inc. Surpasses $2 Billion in Assets Under Management?? RMR Wealth Builders, Inc., a registered investment advisor (RIA) firm, is proud to announce that the firm has surpassed a milestone in its growth, now managing over $2 billion in assets under management (AUM). This achievement reflects the firm’s commitment to delivering exceptional financial advisory services and its continued growth in the competitive wealth management industry. Founded in 1986, RMR Wealth has a long history of providing personalized financial solutions to a diverse clientele, including individuals, households, employers, and institutions. The firm reached the $2 billion AUM milestone in July 2024, a testament to its strategic initiatives and successful recruiting efforts that brought new advisors to the firm this year. “We are extremely proud of the growth that RMR Wealth has achieved and are honored to see the recognition of our team’s hard work,” said Ryan DeGrau, CEO of RMR Wealth Builders, Inc. “This milestone underscores our dedication to serving our clients with the highest level of expertise and commitment, and we are grateful for the trust they have placed in us.” RMR Wealth provides clients with thoughtful and creative solutions that will make a positive difference in their lives, taking them from where they are to where they want to go. Read the full article on our blog – https://lnkd.in/eKfgUHAu #Investing #CompanyGoals #WealthBuilders #FinancialPlanning

Interesting fact: There are now nearly 3x as many stock mutual funds and exchange-traded funds (ETFs) as there are listed American companies! Some eye-opening stats from a 2024 study by the MSCI World Index, which tracks financial markets throughout the world: ?? 70% of global stock market value comes from US markets ?? All 10 of the world's most valuable companies are US-based ?? Yet less than 10% of listed companies worldwide are American (down from ~20% in the late 1990s) This shift reflects a changing landscape: ?? Fewer but larger US companies are dominating the markets ?? There's a rise of ETFs ?? Merger and acquisition activity has reduced the number of public companies Here’s a couple of things for investors to keep in mind: ?? Mutual funds and ETFs can play a role in a portfolio. ?? U.S. financial markets have a great amount of influence throughout the world. ?? Mutual funds and exchange-traded funds are sold only by prospectus. Please consider the charges, risks, expenses, and investment objectives carefully before investing. A prospectus containing this and other information about the investment company can be obtained from your financial professional. Read it carefully before you invest or send money. Navigating this evolving market can be challenging. At RMR Wealth we can help you understand your investment options and design a strategy to pursue your financial goals. #FinancialEducation #Investing #FinancialGoals #RetirementPlanning #WealthBuilders #FinancialIndependence #PersonalFinance #FinancialPlanning

RMR Wealth was proud to Sponsor the Community Resources Staten Island (CRSI) golf outing this past Friday. The proceeds raised from this golf outing go towards the improvement and development of new capabilities and equipment to support the general well-being of the organization. Community Resources Staten Island creates opportunities for all people with an intellectual developmental disability or autism spectrum disorder to achieve their highest level of independence and potential, leading to rewarding, productive lives as contributing community members. RMR Wealth had the opportunity to be one of the corporate sponsors of the golf outing. The RMR Team was not only a proud sponsor of the golf outing but also participated, taking first place in the tournament! Supporting people is the purpose and passion of Community Resources Staten Island. CRSI provides over eight programs and access to a wide range of resources, creating opportunities for all people with an intellectual developmental disability or autism spectrum disorder. RMR Wealth looks forward to continuously supporting the mission of Community Resources Staten Island.

Let’s take a look at three common life insurance myths and do our best to debunk them! Every individual's situation is unique. Asking yourself these questions can help you get started when considering your life insurance needs. ?Do you need life insurance if you’re single with no kids? ?Is your employer-offered life insurance portable when you leave your job? If so, what will be your new cost for the policy? ?What should you do about life insurance if you’re already retired? These are tough questions, and you need answers! A financial professional at RMR Wealth can help you understand where life insurance fits into your financial plan. If you have questions regarding life insurance, reach out to request a life insurance review. #FinancialEducation #Investing #FinancialGoals #RetirementPlanning #WealthBuilders #FinancialIndependence #PersonalFinance #FinancialPlanning #InsurancePlanning

?? 2024 Build & Advance Summit Recap! ?? Last week, our team gathered for two impactful days at the RMR Wealth Builders Build & Advance Summit! We covered a range of topics including firm updates, practice management tips, and key financial planning trends that will shape the future of our industry. It was a learning and developmental experience for our entire organization, filled with valuable insights and education that will ultimately help all of us better serve our clients. Our two-day summit featured an impressive lineup of subject matter experts, both from RMR Wealth and industry leaders outside our organization. The event provided ample networking opportunities, including educational breakout dinners, where our team engaged with event sponsors—many of whom are specialists in their fields. A big thank you to our sponsors for their support and commitment to making this event a success! ?? #WealthManagement #FinancialPlanning #LearningAndDevelopment

A friendly reminder: The tax extension deadline is less than a month away! If you filed for an extension in April, you have until October 15 to file your tax return. You may have qualified for an automatic tax filing extension if you’re: ??In a federally declared disaster area ??In the military stationed abroad or serving in a combat zone ??A citizen or resident alien living outside the U.S. Check the IRS website for more information. https://lnkd.in/eSWHVtPb. #FinancialEducation #TaxDeadline #FinancialGoals #TaxPlanning #WealthBuilders #FinancialIndependence #PersonalFinance #FinancialPlanning

According to a study by theknot.com, 43% of weddings took place between September and November. Here are 10 Tips for Newly Married Couples! ?? ???Communication - Couples should consider talking about their financial goals, memories, and habits, as each partner may come into the marriage with fundamental differences in experiences and outlooks driving their behaviors. ??Set Goals - Setting goals establishes a common objective that both partners become committed to pursuing. ??Create a Budget - A budget is an exercise for developing a spending and savings plan that is designed to reflect mutually agreed-upon priorities. ???Set the Foundation for Your Financial House - Identify assets and debts. Look to begin reducing debts, while building your emergency fund. ??Work Together - By sharing the financial decision-making, both spouses are vested in all choices, reducing the friction that can come from a single decision-maker. ???Set a Minimum Threshold for Big Expenses - While possessing a level of individual spending latitude is reasonable, large expenditures should only be made with both spouses’ consent. Agreeing to a purchase amount should require a mutual decision. ??Set Up Regular Meetings - Set aside a predetermined time once or twice a month to discuss finances. Talk about budgeting, upcoming expenses, and any changes in circumstances ??Update and Revise - As a newly married couple, you may need to update the beneficiaries on your accounts, reevaluate your insurance coverage, and revise (or create) your will. ??Love, Trust, and Honesty - Approach contentious subjects with care and understanding, be honest about money decisions you know your spouse might be upset with, and trust your spouse to be responsible with handling finances. ??Consider Speaking with a Financial Professional - A financial professional at RMR Wealth can offer insights to help you work through the critical financial decisions that all married couples face. #FinancialEducation #Investing #FinancialGoals #RetirementPlanning #WealthBuilders #FinancialIndependence #PersonalFinance #FinancialPlanning