Author Archives: Opinicus

Opinicus Announces Hire of Heidi Ellingson

We are excited to introduce our newest team member, Heidi Ellingson, as the new Wealth Management Assistant. Ms. Ellingson, a registered ParaplannerSM, will work closely with our advisors to provide administrative support during the financial planning and review process with clients. With over 20 years’ experience in the financial industry, she brings a fresh perspective on the client experience, as well as knowledge on how to make the planning and review process run smoothly for clients.

“Heidi’s friendly demeanor and professional experience offers our clients a warm interface while working with our advisors during the planning process,” said Chief Investment Officer Griffin Dalrymple. “We are excited to provide clients someone to assist them in gathering necessary information and documents for their plan design.”

Opinicus Wealth Management is a Registered Investment Advisor with offices in Bradenton, Tampa and Ft. Lauderdale, FL offering financial planning and investment management services focused on small business owners and professionals pursuing wealth accumulation.

 

Getting a Head Start on College Savings

The U.S. Department of Agriculture estimates a middle-income family with a child born in 2015 can expect to spend about $275,000 to raise that child to the age of 17.¹ That’s roughly equal to the median value of a new home in the U.S.²

And if you’ve already traded that super-charged convertible dream for a minivan, you can expect your little one’s college education to cost as much as $324,000.³

But before you throw your hands up in the air and send junior out looking for a job, you might consider a few strategies to help you prepare for the cost of higher education.

First, take advantage of time. The time value of money is the concept that the money in your pocket today is worth more than the same amount will be worth tomorrow because it has more earning potential. If you put $100 a month toward your child’s college education, after 17 years’ time, you would have saved $20,400. But that same $100 a month would be worth over $32,000 if it had generated a 5% annual rate of return.⁴ The bottom line is, the earlier you start, the more time you give your money to grow.

Fast Fact: California posted an average 58% increase in tuition and fees at public two-year colleges between 2009-10 and 2014-15. Still, California’s price remains the lowest in the country.
Source: The College Board, 2014
Second, don’t panic. Every parent knows the feeling—one minute you’re holding a little miracle in your arms, the next you’re trying to figure out how to pay for braces, piano lessons, and summer camp. You may feel like saving for college is a pipe dream. But remember, many people get some sort of help in the form of financial aid and scholarships. Although it’s difficult to forecast how much help you may get in aid and scholarships, they can provide a valuable supplement to what you have already saved.

Finally, weigh your options.There are a number of federal and state-sponsored tax-advantaged college savings programs available. Some offer prepaid tuition plans and others offer tax-deferred savings.5 Many such plans are state sponsored so the details will vary from one state to the next. A number of private colleges and universities now also offer prepaid tuition plans for their institutions. It pays to do your homework to find the vehicle that may work best for you.

As a parent, you teach your children to dream big and believe in their ability to overcome any obstacle. By investing wisely, you can help tackle the financial obstacles of higher education for them—and smooth the way for them to pursue their dreams.

U.S. Department of Agriculture, 2015
U.S. Census Bureau, 2015
The College Board, 2014. (Based on average tuition and fees for private universities in 2014-2015 and assuming a 5% annual increase)
The rate of return on investments will vary over time, particularly for longer-term investments. Investments that offer the potential for higher returns also carry a higher degree of risk. Actual results will fluctuate. Past performance does not guarantee future results.
The tax implications of education savings programs can vary significantly from state to state, and some plans may provide advantages and benefits exclusively for their residents. Please consult legal or tax professionals for specific information regarding your individual situation. Withdrawals from tax-advantaged education savings programs that are not used for education are subject to ordinary income taxes and may be subject to penalties.
The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. This material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG, LLC, is not affiliated with the named broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. Copyright 2015 FMG Suite.

Opinicus Wealth Management: Guys with Ties and What that Means for Clients

Guys with Ties

Family ties of course.

And while you may not find the President of Opinicus® Wealth Management in a tie on a regular work day-preferring business casual, his family ties are building an operational power house for the growing firm. The recent addition of Jaran Day to the Opinicus team has brought Jaran and Griffin (biological brothers) and Griffin and Tom Myette (brother-in-laws) all under the same roof.

Opinicus Wealth Management was launched with small and family-owned businesses in mind. Now the firm is operating as such, expanding on the firsthand knowledge Opinicus’s advising team holds. Opinicus has specialized in helping business owners manage their finances more efficiently for the last 9 years. With the addition of Jaran, the firm is able to increase capacity while also expanding its service offerings to clients. This service is quarterbacked by the operational guru Tom who makes sure the wheels stay on course as Opinicus continues on a steep growth track up.
What is spurring such growth? One Word.

Invested.

When you start to understand the structure of Opinicus, you understand that every member is invested. This is family, quite literally.

“Can you imagine within a little over half a year hiring your brother and brother-in-law? What an honor and yet a huge responsibility to work with these men. They are my family. Opinicus is no longer just the firm I love, it controls our lives, our wellbeing. Wanting the best for our clients goes above and beyond the fact that they deserve the best now.”-Griffin Dalrymple (President)

And wanting the best, providing the best, is exactly what Opinicus has geared up to do for its clients. Being brothers, they wish to convey the same regard for transparency with clients that characterizes their relationship. Their close ties help eliminate communication barriers and anticipate needs, which allows the firm to also increase the speed in which it services clients. The firm provides clients with financial software such as Opinicus Direct that helps eliminate client-advisor communication barriers and further increase transparency within the firm and for clients concerning their finances.

“I’m excited to be joining the Opinicus team where I can service clients in a more valuable way. I know the intentions of my team- they want the best for my clients. It is a great feeling to know I have a team I can trust to treat every client as a top client.”- Jaran Day (Managing Director/Wealth Manager)

These three brothers understand business and they understand the importance of family. Opinicus has proved an incredible avenue to merge the two. If you have been looking for a trustworthy firm to help plan your livelihood these guys with ties are invested. Invested in Opinicus and ready to be invested in you.

Opinicus Announces New Office in Tampa and Expanded Role for Key Employee

Tampa, FL (January 6, 2015) – Opinicus Wealth Management, a Bradenton-based comprehensive financial planning and investment management firm announced today that they are expanding operations with a new office location in Tampa, FL.

“Establishing a new office in the South Tampa area is a key step towards cultivating our relations with small business owners in the Tampa area. Over the past year, we have developed strong partnerships and networks in the Tampa area and a new office will help us to leverage those relationships to provide even more value to current and future clients,” said Opinicus founder and President, Griffin Dalrymple.

The core of operations will shift from the Bradenton location to the new Tampa office. This strategic shift will allow Kimberly Burdette-Hord to fully assume her new role as a full-time financial advisor. Kimberly specializes in retirement planning and has an impressive track record working with clients from all backgrounds. “As a firm, we are excited to release Kimberly full-time into the role of financial planner. She is especially adept with retirement planning and clients love working with her,” adds Griffin.

About Opinicus Opinicus Wealth Management is a financial planning and investment management firm dedicated to providing leading education to the everyday American and small business owner. Opinicus provides clients with reliable and trusted financial guidance, offering an unique implementation service that provides busy individuals and business owners with an increased level of accountability.

For more information, contact Opinicus Wealth Management at http://www.opinicusinc.com/ or (941) 896-9909.

New office details:

Address: 608 W. Horatio St. Suite A Tampa, FL 33606

Phone: (941) 896-9909 – See more at:

Financial Outlook 2015

To get a comprehensive assessment of the financial outlook for 2015 including market projections, risk assessments, a discussion of opportunities and challenges, download the following PDF developed by LPL’s Financial Research Center.