Avion Wealth, LLC

A Critical Reminder for Protecting Your Wealth

Imagine sending a check to one of your accounts, only to later find it’s been stolen, altered, and deposited into an unfamiliar account.

Mail theft is on the rise, with cases up 400% since 2019. High-net-worth individuals, with significant assets at stake, are especially appealing targets for sophisticated fraud schemes.

🔹 A Cautionary Tale: Recently, an individual mailed a substantial check for estimated taxes to the IRS. The check was intercepted, altered to include two payees, and deposited into separate accounts under the thieves' names. Although the bank eventually resolved the issue, it serves as a powerful reminder that no one is immune to fraud.

Our Role: At Avion Wealth, we take pride in maintaining rigorous oversight of your financial assets, ensuring that potential threats are detected and addressed swiftly. Here’s how we help safeguard your wealth:

🔘 Digital Security: We advocate for secure online payment options, reducing the risk of your sensitive information being compromised through the mail.

🔘 Document Security: We advise on securely disposing of financial documents, ensuring that your personal information stays protected.

🔘 Ongoing Monitoring: Our team regularly reviews all your financial accounts, proactively identifying any discrepancies that could signal a threat to your wealth.

With Avion Wealth, you have a partner that not only plans but also meticulously oversees every detail of your financial security, both online and offline.

We hold them in our hearts.

Today marks 23 years since our nation faced an unspeakable tragedy. We honor the innocent lives lost, the families who continue to carry the weight of that day, and the heroes who bravely stepped forward in the face of danger.

May their memory serve as a powerful reminder of the resilience and unity that define us as a nation.

🎉 Happy Birthday to our amazing team member! 🎂 Your hard work and dedication inspires us every day. Wishing you a fantastic year ahead filled with joy and success! 🎈

The upcoming Federal Reserve meeting on September 17-18 could have a significant impact on the economy, and it’s one to watch closely. With the job market showing signs of change, including July’s job openings at their lowest in over three years and unemployment steady at 4.3%, the Fed’s next move could influence interest rates across the board.
Whether the Fed opts for a 0.25% or 0.50% rate cut, their decision will shape everything from mortgage rates to business financing. Key reports like this Friday’s jobs data and next week’s consumer price index will give us a better sense of where things are headed.
These changes have far-reaching implications for your financial strategy, and we’re closely monitoring them to help you stay ahead.

Fed rate-cut size this month to hinge on job market health Federal Reserve policymakers are increasingly attentive to the U.S. labor market as they prepare for a policy-setting meeting later this month, when their assessment of job-market health will be key to how big an interest-rate cut they deliver.

🌀 It’s Hurricane Season 🌀

As we enter the heart of hurricane season, it’s a good time to reflect on preparedness. Remember Hurricane Beryl, which set a record as the strongest hurricane in July? Events like these remind us that being prepared is crucial, especially for those who have significant assets to protect.

Did You Know?
🔹A fully developed hurricane can release the same energy as a 10-megaton nuclear bomb—every 20 minutes.
🔹Hurricanes are rated on the Saffir-Simpson Scale, from Category 1 (74-95 MPH winds) to Category 5 (157+ MPH winds).
🔹These storms can travel over 60 miles per hour and span about 300 miles, impacting vast regions.

Our Insight: True preparedness goes beyond just having an emergency kit. It’s about safeguarding your entire lifestyle and wealth. At Avion Wealth, we believe that being ready means having a comprehensive plan that includes your family, assets, and community.

Smart Preparedness Tips:
✅ Establish a neighborhood communication plan
✅ Know your area’s evacuation routes and share them with your loved ones
✅ Secure your important documents digitally with your wealth advisor
✅ Have a detailed plan for your pets and personal belongings

September is National Preparedness Month—an important reminder that your readiness should match the life you’ve built. Let’s ensure that every detail is covered.

At Avion Wealth, we know our clients are well-prepared for their financial future. While rising costs and uncertainty around Social Security are real concerns for many, our clients have the advantage of a robust, personalized wealth strategy designed to navigate these challenges with confidence.

1️⃣ No Retirement Savings Gap: Our clients have already laid a strong foundation, ensuring their wealth is preserved and continues to grow.

2️⃣ Prepared for Rising Costs: From healthcare to living expenses, we’ve factored in every detail, so you’re equipped to maintain your lifestyle throughout retirement.

3️⃣ Beyond Social Security: With a comprehensive financial plan, there’s no need to rely on Social Security alone. Your wealth strategy is designed to provide stability and peace of mind.

💡 Our Insight: Retirement isn’t a concern when you have the right team managing the details. At Avion Wealth, we ensure that every aspect of your financial future is meticulously planned, allowing you to enjoy the freedom you’ve worked hard to achieve.

Know someone who could benefit from the same level of financial expertise? We welcome the opportunity to help them secure their future.

🚨 How will 2024 market shifts impact your financial future?

Join Jason Moreland, CEO & Founder Paul Carroll, and Kristi Hammond, CPRIA for our live webinar, "2024 Market Insights: Navigating Trends That Shape Your Wealth."

In this exclusive session, you’ll learn about:
📉 The effect of inflation and material costs on real estate
⚖️ Rising liability risks and their impact on high-net-worth individuals
🎨 Emerging trends in passion investments like art and luxury watches
🌧️ Strategies to protect your wealth from weather-related risks

🗓 Date: September 18, 2024
🕛 Time: 12:00 PM CST

🔗 Register Now to secure your spot! https://www.avionwealth.com/webinar-2024-market-trends/

Gain the knowledge you need to make informed financial decisions for the year ahead.

Today, we celebrate the contributions of workers everywhere!

In our jobs, we see the heart behind all that hard work. You put in countless hours to build a comfortable life, perhaps save for your children’s education, or create a strategy for your dream retirement.

We help families turn their aspirations into action steps based on their goals, time horizons, and risk tolerance.

So, this Labor Day, as you relax and recharge, take a moment to consider your own future. What does your dream retirement look like? How do you measure whether you are on track?

If these questions linger, we’d be happy to chat and explore ways that we can help you navigate your financial journey.

Happy Labor Day, and here’s to a bright future for all!

Hispanic Heritage Month begins on September 15th, a date that marks the independence anniversaries of Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua, followed by Mexico on the 16th and Chile on the 18th.

What started as a week-long celebration in 1968 has grown into a month dedicated to honoring the rich histories, cultures, and significant contributions of American citizens with roots in Spain, Mexico, the Caribbean, and Central and South America.

Hispanic Americans have profoundly influenced our nation's story—from the arts and sciences to cuisine and music.

As the esteemed Lin-Manuel Miranda once said, "I am the one thing in life I can control. I am inimitable—I am an original."

This month, we celebrate the unique and invaluable contributions of Hispanic Americans to our national fabric.

💡 Emotions play a powerful role in shaping our financial decisions and relationship with wealth.

For many, deep-rooted emotional obstacles can complicate personal finance, turning what should be strategic decisions into sources of stress. Financial trauma—stemming from experiences like childhood poverty, economic downturns, or fraud—can have lasting impacts, often surfacing when managing wealth.

Some common manifestations include:

● Financial inaction: Feeling overwhelmed, leading to a lack of control.
● Decision paralysis: Anxiety that stalls important financial choices.
● Scarcity mindset: A constant fear of resources depleting, even when there's abundance.

Recognizing these challenges is essential for achieving true financial well-being. Working with experienced financial professionals can provide the support needed to navigate these emotional roadblocks, paving the way for more confident and informed financial decisions. These issues are more common than you might think.

🐘🐴 Ever wondered how a donkey and an elephant came to symbolize the Democratic and Republican parties?

🎨 It all started in the late 1800s with political cartoonist Thomas Nast. In 1870, Nast used the donkey to represent the Democrats, and over time, this symbol became associated with the party’s identity.

🐘 Four years later, Nast introduced the elephant to represent the Republicans, and it too became a lasting emblem of the party.

As we approach another election season, these iconic symbols remind us of the rich history and tradition in American politics. 🗳️

New Insights into the Job Market: A Closer Look at the Latest Data
Recent data from the Bureau of Labor Statistics has reshaped our understanding of the labor market:
💼 818,000 fewer jobs were recorded in March 2024 than initially reported, marking the most significant downward revision since 2009.
💼 The revised figures show average monthly job gains from April 2023 to March 2024 at 173,500, compared to the previously reported 242,000.
While these adjustments are noteworthy, it’s essential to recognize that job growth remained historically strong. This updated data provides a more precise view of the labor market’s health, potentially influencing the Federal Reserve’s future decisions on interest rates.
If you have any questions about how these changes could impact your financial goals, we’re here to provide the clarity and guidance you deserve.

New data shows US job growth has been far weaker than initially reported | CNN Business US job growth during much of the past year was significantly weaker than initially estimated, according to new data released Wednesday.

🐾 Today is National Dog Day, and here at Avion Wealth, we’re celebrating the incredible dogs that bring so much joy to our lives!

For us dog lovers, it’s impossible to imagine life without our furry companions—they’re truly part of the family. While we appreciate them every day, today is the perfect opportunity to give them some extra love and, of course, share their adorable photos with the world.

Here’s to our Avion Wealth team’s best friends and fur babies. ❤️🐶

Did you know the global AI market is on track to reach $1.8 trillion by 2030?

While projections can shift, the potential growth in this sector is undeniable, presenting compelling opportunities across various industries.

Beyond the headlines of major tech giants, there’s a network of "Pick-and-Shovel" companies that are quietly powering the AI revolution.

Who are these key players?

Think semiconductor manufacturers, cloud infrastructure providers, and AI chip designers—these are the companies laying the foundation for AI's widespread adoption. Their contributions are essential in building and scaling the future of AI.

In a world where financial news can create noise and the fear of missing out can drive impulsive decisions, it’s crucial to approach AI investment with a strategic lens. We’re diligently tracking the evolving AI landscape and considering how it may fit into our clients' broader financial strategies.

What are your thoughts on AI’s impact on the future of finance?

🎉 Wishing a very Happy Birthday to Makemma Wolff! 🎉

Your dedication and hard work are truly appreciated. May your special day be filled with joy, laughter, and all the things that make you happiest. Here's to another fantastic year ahead!

July brought promising news: inflation dropped to 2.9%, the lowest since March 2021, marking the 5th consecutive month of easing price increases. While consumer prices are still up compared to last year, the slowdown is significant. Food and energy experienced modest increases of 2.2% and 1.1% respectively, but it's important to note that overall prices remain about 20% higher than three years ago.

These shifts could have a meaningful impact on the Fed's approach to interest rates, which in turn may influence key aspects of the economy. For those with substantial portfolios, it's an opportune moment to reassess how these economic changes could affect your wealth preservation and growth strategies.

Inflation cooled in July, reaching lowest level since March 2021 Price increases have slowed significantly, but remain above the Fed's target.

Are you fully leveraging the workplace benefits available to you? Optimizing health savings accounts (HSAs), 401(k)s, disability insurance, and flexible spending accounts (FSAs) can be a crucial part of a sophisticated financial strategy.

Here’s a brief overview:

HSA: A triple tax-advantaged account for qualified medical expenses. Contributions are pre-tax, grow tax-deferred, and withdrawals for qualified expenses are tax-free. After age 65, you may use HSA funds for non-qualified expenses, but they will be subject to ordinary income tax. It’s a strategic tool not just for healthcare, but for long-term wealth planning.

401(k): A retirement savings plan that offers pre-tax contributions and potential employer matching. Determining the optimal contribution can significantly impact your retirement landscape. After age 73, required minimum distributions come into play, with withdrawals taxed as ordinary income.

Disability Insurance: Essential for protecting your income stream in case of illness or injury, ensuring that your financial plans remain on track regardless of unforeseen circumstances.

FSA: A pre-tax solution for managing eligible healthcare and dependent care expenses. Unlike HSAs, FSAs often follow the “use it or lose it” rule, making it essential to strategically plan your expenditures.

Maximizing these benefits is not just about immediate savings—it’s about enhancing your overall financial strategy.

If you’re looking to refine your approach and align it with your long-term financial goals, let's connect. We can offer insights tailored to your unique situation and help you optimize these valuable resources. 🤝

The disturbing rise in elder financial exploitation (EFE) is reaching unprecedented levels, with individuals aged 60 and over losing over $1.6 billion annually to sophisticated scams, as reported by the Federal Trade Commission.

What’s even more alarming is the surge in AI-driven fraud. Scammers are leveraging AI-generated voices and deepfake videos to impersonate loved ones, government officials, and even celebrities, making it increasingly difficult to discern reality from deception. 🤖

In April 2024, the Financial Crimes Enforcement Network (FinCEN) released its Financial Trend Analysis, focusing on Elder Financial Exploitation (EFE) patterns identified in Bank Secrecy Act (BSA) data.

Key insights include:

▪️ Banks account for 72% of all EFE-related filings.
▪️ 80% of EFE cases involve transferring money to strangers for promised benefits that never materialize.
▪️ 20% of EFE-related BSA filings involve theft by trusted individuals, with a staggering 40% of these incidents involving the elder's own children.
▪️ Perpetrators increasingly avoid direct contact with bank employees, using compromised credentials, password guessing, or phishing emails to obtain sensitive information.

It's crucial that we take proactive measures to safeguard our seniors' financial security.

If you’re concerned about protecting your loved ones from these sophisticated threats, we're here to discuss strategies to help secure their financial future.

Strategic Insights for Property Investors:

Recent developments in the housing market reveal key opportunities for savvy investors:
The 30-year fixed-rate mortgage has decreased to 6.55%.
This rate is the lowest in 15 months and represents the most significant reduction we've seen in two years.

Key Influences: Anticipated adjustments in interest rates, as hinted by the Federal Reserve, coupled with a cooling labor market, are driving these changes.
Investment Perspective: Despite these attractive mortgage rates, many of our clients prefer utilizing cash for property acquisitions. This strategic choice often positions them advantageously in competitive markets, especially when low housing inventory continues to drive up prices in many areas.

Actionable Insights: For those considering leveraging these low rates for additional investment opportunities or for diversifying investment strategies, now might be a strategic time to reassess market positions.

We invite you to discuss how these shifts in the housing market could align with your investment portfolio. 💼🏘️

US 30-year mortgage rate drops on weak jobs data, Fed rate-cut signal The interest rate for the most popular U.S. home loan plunged last week to its lowest level in 15 months, after the Federal Reserve signaled it could start cutting its policy rate in September, and a downshift in the job market bolstered financial market bets the cuts would be big.

Jet-setting with ease just got even simpler for those who demand the best. ✈️

If you’re an iPhone user, Google has streamlined your travel experience—no need for additional flight tracker apps or navigating airline websites.

Simply text yourself your flight number (e.g., AA1234), and it instantly appears as a clickable link in your messages.

Tap on it, select "flight preview," and access all the crucial details with a single touch.

Even if you're a seasoned traveler, this is a tech trick worth knowing. Safe travels! 🌍

Oil prices are experiencing a notable upswing, presenting both opportunities and challenges in the energy sector: 🛢️
- U.S. crude oil prices have surged beyond $75 per barrel
- Global markets are showing resilience with a rebound from recent declines
- Geopolitical tensions in the Middle East and strategic production cuts by OPEC+ are bolstering prices

For those with significant investments, these dynamics could influence broader market trends and asset valuations. While the future remains uncertain, understanding these factors allows for more strategic financial planning and portfolio management.

U.S. crude oil rises more than 2%, bounces back from six-month low as stockpiles fall Oil prices closed higher even as the stock market's rally faltered.

Happy !

Watching my children grow up is one of the greatest joys in life and a source of so much pride (and maybe a little stress, too!). I want nothing more than to see them succeed in life and be prepared for life's challenges.

As a financial professional, I'm passionate about helping families empower their children for a bright future, and I thought I’d share some ideas that can build the foundation for long-term success:

▪️ Consider Opening a Savings Account Together: Make saving a tangible concept by
opening a joint savings account and setting small goals.
▪️ Involve Them in Budgeting: Discuss household expenses in an age-appropriate way and allow them to participate in making budget decisions.
▪️ Lead by Example: Demonstrate healthy financial habits like responsible spending and bill paying. Talk openly about your financial goals.
▪️ Encourage Earning: Earning money, whether through chores, allowances, or a part-time job, teaches valuable lessons about work and responsible spending.
▪️ Start Conversations Early: The earlier you discuss money with your children, the more comfortable they may manage money as adults.

Building a solid financial foundation starts at home! If you're looking for more resources or insights, feel free to message me.

As summer winds down and college move-in day approaches, it's important to think beyond the dorm room essentials.

Here are three key areas you might want to address before your student heads off to campus:

1️⃣ Legal Authorizations: Once your child turns 18, they're legally an adult. Consider establishing a Power of Attorney (POA) if you want to continue to play a role in their healthcare and finances. Also, a Family Educational Rights and Privacy Act (FERPA) authorization can help if you want access to their academic records. Having these documents in place may allow you to step in if needed.

2️⃣ Allowance and Financial Responsibility: Have a candid conversation about budgeting and financial responsibility, including credit card use. Determine an appropriate budget, and don’t forget to decide whether they can continue to use your accounts for things like Amazon and Uber.

3️⃣ Out-of-State Insurance Coverage: Review your health insurance plan and check to see if it covers your student's location. Explore renters insurance if they'll be living off-campus. If they're leaving their car at home, you might be eligible for a modified insurance rate.

These are important topics to discuss as your children leave “the nest.” If you have any questions, please reach out. We can work with your legal professional to help your family get the appropriate documents in place.

With the Summer Olympics in full swing, it's hard not to be inspired by the athletes' dedication and preparation. 🏊‍♂️🏆

Just like swimming legend Mark Spitz, who famously said, "If you fail to prepare, you're prepared to fail," success in any field–including finances—requires preparation!

Don't be a spectator in your financial future. Now is the time to strategize and equip yourself with the knowledge and tools you need to pursue your goals.

A little preparation today can help you tomorrow!

UBS's 2024 global wealth report reveals eye-opening trends:
Did you know 1 in 15 Americans has a net worth of $1 million+?

Global wealth bounced back 4.2% in 2023, with projections suggesting continued growth in millionaire numbers through 2028.

These statistics offer a fascinating glimpse into wealth distribution and potential economic shifts. Remember, everyone's financial journey is unique.

👉 Schedule a review of your long-term financial strategy today. Let's ensure you're positioned to navigate these evolving economic trends!

One out of every 15 Americans is a millionaire, UBS says The U.S. has 22 million people worth at least $1 million, according to UBS, about the same as Western Europe and China combined.

Here’s another observance you might have missed—this week is National Simplify Your Life Week. Who knew?

It made me think about organizing and cleaning out some of our closets and maybe even tackling the garage (who doesn’t love a clean garage?). But more importantly, it’s also a good reminder that your finances can become cluttered and unorganized just as easily as your home.

Here are a few simple steps you can take to simplify your financial life:

Review your budget: Take a close look at your income and expenses to see where your money is going and identify areas where you can cut back.

Consolidate accounts: Combining multiple accounts or credit cards can make tracking your spending and managing your money easier.

Automate your finances: Consider setting up automatic bill payments and savings transfers to help take the guesswork out of monthly finances.

Declutter your wallet: Get rid of old receipts, unused gift cards, and expired coupons to create a more organized and streamlined wallet.

If you're looking for guidance on consolidating and organizing your finances, we can offer a few tips.

As market volatility spikes and the Magnificent Seven shed $1 trillion in value, Paul dives deep into the risks and unveils strategic opportunities for savvy investors. Learn how to navigate the turmoil and position yourself to capitalize on the market correction.

Watch now to stay ahead! https://www.avionwealth.com/smart-responses-to-market-sell-offs-pro-insights/

Smart Responses to Market Sell-Offs: Pro Insights - Avion Wealth Paul discusses the pain points and opportunities of this market correction. Paul Explores the Risks, Realities, and Strategic Moves for Investors During the Recent Sell-Off.

The Fed's holding steady on interest rates, but markets are getting antsy!

Some economists think the Fed should start easing up, and the markets are pricing in rate cuts as early as September. However, the Fed wants "greater confidence" that inflation is heading back to 2% before cutting rates.

Remember, a changing rate environment can impact various aspects of your financial picture. It's always wise to stay informed and consider how economic shifts might align with your long-term goals.

What are your thoughts on the Fed's approach? Let's discuss it! 💬

Markets are clamoring for the Fed to start cutting soon: 'What is it they're looking for?' Markets are pricing in an aggressive path for interest rate cuts starting in September.

The lazy days of summer are coming to a close, and we’re now entering National Back to School Month! 📚✏️

This time of the year can be both exciting and stressful. There’s a lot to coordinate: purchasing supplies, signing up for afterschool activities, and simply readjusting schedules.

But there’s no doubt that education is one of the greatest investments we can make in our children’s futures. This month, whether you have children or grandchildren, we can all help support the next generation, especially those less fortunate than us.

Think about donating supplies, volunteering your time, or contributing financially to initiatives such as Junior Achievement USA—every bit helps.

Helping families with financial strategies to fund educational goals is one of the most rewarding parts of our jobs. It is also so fulfilling to support education in our communities during this time of the year.

What community events do you participate in?