Monthly Archives: November 2015

Add a New Executive Imperative to Your 2016 Corporate Planning: Your Executives’ Futures

There’s something every business executive has in common. They have more to do than hours in the day. They’re working 60-hour work weeks or more with little time for families, hobbies and more. The pace is relentless and exhausting.

In the midst of the chaos, executives are hard pressed to think and act beyond the next deadline, pay period or client deliverable. They’re hurting themselves without even knowing it, especially with ongoing changes in executive and equity compensation laws, tax and risk management, and general economic issues.

As the year comes to a close and companies gather their senior executives to evaluate plans, budgets, personnel and projects, a critical reality must be addressed:

How can we strengthen individual corporate executives to succeed at work while also helping them be better, healthier and happier men and women?

The company can play a role without exorbitantly expensive perks, benefits and compensation schemes. Even the smallest changes – and commitments – can produce the greatest outcomes. Just ask the former chief executive officer of a Dallas energy services firm.

“It had never crossed our minds as a team of executives to focus on what each of us were facing individually and privately,” he said. “All of us worked hard and fast and none of us had a plan to secure our financial futures and retirement.” That’s when the CEO decided that the company could do something for its team that could transform their lives: corporate-driven, corporate-sponsored financial planning services.

Now retired, the CEO reflects on how this one decision – this one corporate benefit – ensured a quality lifestyle beyond the c-suite. “It’s a benefit that gives and gives and gives, and doesn’t require a lot of legwork, administration and cost.”

The approach is simple. A program is tailored to each organization and each individual. It ensures that executives gain clarity, direction and professional advice on a variety of financial issues, such as:

  • Equity compensation strategies such as regulatory issues related to equity compensation
  • Equity incentives and stock options
  • Tax liabilities
  • Asset allocation
  • Retirement and college funding planning and preparation
  • Estate planning and preparation
  • Risk management and insurance-related issues
  • Charitable giving

Costs for the program will vary based on the number of executives participating in the program. At Carter Financial Management, we offer a free cost analysis and review. Our program is called the Corporate Advantage.

Why Consider Corporate-Sponsored Financial Planning?

  • Companies can improve executive recruitment and retention.
  • Companies show their commitment to their executives’ long-term financial health.
  • Companies and executives share a low-risk and affordable benefit, even for small companies and start-ups. Financial advice and recommendations must be objective and in the best interest of the individual and no one else. Advice should derive from a planning partner that is independent and fee based. Personal integrity and a strong trust are paramount.
  • A program partner should incorporate an entire team of CERTIFIED FINANCIAL PLANNERS® and a back-end support team.

Consider turning your 2016 corporate strategy sessions into an executive discussion about long-term goals – personal, individual goals.

Float the idea of company-supported planning. It benefits the company. And the talent that makes it succeed.

This material is being provided for information purposes only and is not a complete description, nor is it a recommendation. Any opinions are those of Carter Financial Management and not necessarily those of Raymond James.

Carter Investment Conference Recap

It’s Not Just a Conference, It’s a Community. And That’s What Matters.

It’s a wrap. We hosted hundreds at The 36th annual Carter Investment Conference, Oct. 10 who spent an entire Saturday with clients and colleagues that expect more than status quo wisdom about financial markets, economic policy and financial planning. We welcomed many who committed their day to hear first-rate perspectives from national financial experts.

From its 8 a.m. kickoff to the social reception in the afternoon, the Carter community gathered to learn, listen, question, examine and enjoy each other’s company. While all the speakers addressed key issues, insights and trends, we share a small portion of insights from two of the 12 conference guest speakers.

Highlights & Insights

James Camp took us to the crux of what clients consistently question us about: “How can I generate income in a low-yield environment?” Below is a small portion of his perspectives. Camp is managing director of fixed income at Eagle Asset Management. He began with two compelling retirement facts:

  • Nearly half of all American workers have less than $10,000 saved for retirement and nearly one-third of all American workers have less than $1,000 saved for retirement.
  • In 2010, American workers were $6.6 trillion short of what they need to retire comfortably, per a study conducted by Boston College’s Center for Retirement

Then he asked this question, “Based on what we know today, do fixed-income and equities make sense?” His final take-aways:

Fixed Income

  • Look for issues that offer proper compensation for the underlying risk. Know what you own.
  • Demographic trends may continue to favor municipals. Look closely at credit worthiness.
  • Diversification amongst the various fixed income sectors may lower the overall risk of a portfolio and lower down capture ratios thereby preserving capital.


  • Stocks may be attractive on a relative and risk-adjusted basis.
  • Demographic trends may continue to favor dividend-paying stocks as retiring baby boomers drive demand for income strategies.
  • Stocks that pay dividends have historically outperformed non-dividend-payers over the long term and with less volatility.
  • Diversify between stocks and bonds. We do not believe the outlook for the economy or markets prohibits investment success.

Another keynote speaker was Robert C. Doll, CFA, senior portfolio manager and chief equity strategist at Nuveen Asset Management. He is often a featured guest on CNBC and other national television programs. He spoke on “From Conflict to Clarity: Understanding Investor Sentiment.” Some key insights:

  • The U.S. economy. The biggest risk to the U.S. economy is the foreign backdrop (China continues to deteriorate, the Eurozone is tepid at best, Japan’s recovery is stalling, and Brazil and Russia in recession). Yet he also says the U.S. economy is relatively healthy:
    • 2Q GDP upward revision to 3.7%
    • Housing starts up 10.1% Y/Y
    • Existing home sales up 10.3% Y/Y
    • Bank loans up 7.6% Y/Y
    • Bank deposits up 6.3% Y/Y
    • Unemployment claims below 300,000 for 25 weeks in a row, a record
    • Positively sloped yield curve
    • Manufacturing PMIs over 50 in 71 of past 72 months
    • Mortgage rates below 4%
    • Further stimulus from lower oil prices
  • The job market continues to strengthen. For example, with private sector payrolls, there is 65 continuous months of growth, which is the longest streak since the 1930s. And employment? It has increased by approximately 3 million jobs in the last 12 months with Job growth that consists of 2.8 million full-time jobs and 0.2 million part-time jobs.

We are so appreciative for all the attendees, speakers and CFM team members who worked hard to make it all happen. Be sure to clear your schedule for next year’s conference. You don’t want to miss it.

For all of us, it’s not just a conference. It’s a community.

And that’s what really matters.                      

This material is being provided for information purposes only and is not a complete description, nor is it a recommendation. Any opinions are those of the speakers and not necessarily those of Raymond James. The information has been obtained from sources considered to be reliable, but Raymond James does not guarantee that the foregoing material is accurate or complete. Investments mentioned may not be suitable for all investors. Dividends are not guaranteed and must be authorized by the company’s board of directors. Investing involves risk and investors may incur a profit or a loss regardless of strategy selected. Past performance is not a guarantee of future results.