Donald Gher Receives Honorary Doctor

Donald L. Gher of Bellevue, Wash., received an honorary Doctor of Public Service degree from Eastern Illinois University today in recognition of his dedication, his generosity, and his service to others.

Don GherGher graduated from Eastern in 1973 with a degree in business and a concentration in marketing.  A fellow alumnus and classmate said of him, “Don exhibited the energy and drive that would propel him through his immensely successful business career.  In class, he was always at the ready to help a friend, dive into a project, and eager to debate with professors, which often made class sessions memorable.”READ MORE

Market Update and Outlook – 2Q 2013

In every life we have some trouble

When you worry you make it double

Don’t worry, be happy…..

Bobby McFerrin 1988

While all of the problems the market has been worrying about for the last few years have not been solved, it seems that “the can was kicked down road” enough this quarter for investors to adopt the attitude of Bobby McFerrin. Stock market investors seem to prefer environments where the politicians in Washington “can do no harm”. Early in the first quarter clashes over the debt ceiling and spending cuts were deferred until later in the year and a compromise was reached over tax increases, turning the “fiscal cliff” into more of a “fiscal slope”. With worries about fiscal policy on the backburner, the continued pumping of liquidity into the economy through the Federal Reserve’s quantitative easing program and reasonable domestic economic growth, the stage was set for a market rally.  The S&P 500 continued its pattern of the three previous years with a very strong first quarter rising 10.6%. Small Cap U.S. stocks, as measured by the Russell 2000 index, also advanced 12.4%.READ MORE

Coldstream Co-Founder Honored

Don Gher

In recognition of his long time commitment to higher education and professional excellence, on May 4th Eastern Illinois University will bestow an Honorary Doctorate of Public Service upon Coldstream Capital Management co-founder, Don Gher.  Don joins an esteemed group of recipients at his alma mater which include U.S. Senator Paul Douglas, Governor Jim Edgar, entertainer Burl Ives, Assistant Undersecretary of Defense Sue Payton and, alongside Don this year, New Orleans Saints Head Coach Sean Payton.  As co-founder of Coldstream, Don was instrumental in our early success and the path we continue today to provide wealth management and investment expertise to our clients.  We congratulate Don along with his wife Mary, their two daughters Lindsay and Courtney, and their families for this great honor.  Go Panthers!

Tax Filing Reminders….

The filing due date for your individual income tax return is coming up and is due on April 15, 2013.  If you are not going to be able to file your return on time, you can request additional time by filing an extension by the April 15th due date.  The extension gives you an additional six months; until October 15th to file your return.   However, it’s important to note the extension does not give you any extra time to pay any taxes due.  If you do not pay the taxes that you owe by the April 15th due date, you will owe interest on the taxes due and you may owe penalties as well. READ MORE

Estate Planning in a Post 2012 Taxpayer Relief Act Environment

For many people, the last few months of 2012 were an estate planning headache weighing the costs and benefits of gifting to children or trusts while debating whether the Federal government would increase or decrease the lifetime unified credit.  The lifetime unified credit is the total combined amount you may transfer while alive (without incurring gift tax liability) and through your estate (without incurring estate tax liability), referred to hereinafter as the “exemption amount”.  For the better part of a decade, there has been uncertainty and the looming deadline of legal change.  After the passage of the American Taxpayer Relief Act of 2012 (“Act”), we now know the rules of the game going forward.   READ MORE

© 2018 Coldstream Capital Management, Inc. & Rainier Group Investment Advisory LLC d.b.a. Coldstream Wealth Management. All data shown includes information from combined entities. All Rights Reserved.